- Legal Jobs
- Legal Articles
- Legal News
- BCG Law Firm News
- Law Firm News
- International Law Firms Streamlining Head Count in Asia
Support PDF,DOC,DOCX,TXT,XLS,WPD,HTM,HTML fils up to 5MB
( 2 votes, average: 3.8 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.
07/01/14
International Law Firms Streamlining Head Count in Asia
UK law website The Lawyer published its report Asia Pacific 150 2014 on 30th June showing a large number of top law firms from US and UK streamlining headcount in the region. While most big law firms had reduced their headcount in 2013 year on year against 2012, some firms actually boosted their headcount. It's not all one-way reduction, but it seems the law firms are consolidating and optimizing according to foreseeable demands for their services.
The Lawyer reported that while law firms like Eversheds and Allen & Overy had reduced their headcount by more than 20%, other law firms like Freshfields Bruckhaus and Clifford Chance
had actually increased the numbers of their lawyers by 10 percent or more during the same time.
Even Baker & McKenzie, which is considered the international law firm with the largest presence in the region, both according to headcount and according to geographic spread, has lowered its headcount by 2% though it opened two new offices and its turnover in the region increased from $648 million in 2012 to $677 million in 2013.
According to the report published by the Lawyer, Orrick's headcount in the region reduced from 91 in 2012 to 76 in 2013. The headcount of Norton Rose Fulbright also reduced from 729 to 662, and even local giants like Herbert Smith Freehills reduced headcount from 1,130 to 986 between 2012 and 2013.
In fact, according to the report, two thirds of the top 50 international law firms in the Asia Pacific witnessed a decline in lawyer headcount. Only Freshfields Bruckhaus Deringer went against the trend and increased their headcount by 51.5 percent.
The Lawyer interviewed Allen & Overy's Asia managing partner Thomas Brown who said that the reductions in headcount indicated maturing of the market.
Brown said, "Anyone who is going to come to the region is probably already here now. And the firms that are here are going through a period of slight consolidation, as they've have now stepped back and assessed their regional headcount needs."
If you are looking for attorney openings in law firms, click here for the best offers.
This news originally appeared on BCGsearch.com: International Law Firms Streamlining Head Count in Asia
International Law Firms Streamlining Head Count in Asia
UK law website The Lawyer published its report Asia Pacific 150 2014 on 30th June showing a large number of top law firms from US and UK streamlining headcount in the region. While most big law firms had reduced their headcount in 2013 year on year against 2012, some firms actually boosted their headcount. It's not all one-way reduction, but it seems the law firms are consolidating and optimizing according to foreseeable demands for their services.
The Lawyer reported that while law firms like Eversheds and Allen & Overy had reduced their headcount by more than 20%, other law firms like Freshfields Bruckhaus and Clifford Chance

Even Baker & McKenzie, which is considered the international law firm with the largest presence in the region, both according to headcount and according to geographic spread, has lowered its headcount by 2% though it opened two new offices and its turnover in the region increased from $648 million in 2012 to $677 million in 2013.
According to the report published by the Lawyer, Orrick's headcount in the region reduced from 91 in 2012 to 76 in 2013. The headcount of Norton Rose Fulbright also reduced from 729 to 662, and even local giants like Herbert Smith Freehills reduced headcount from 1,130 to 986 between 2012 and 2013.
In fact, according to the report, two thirds of the top 50 international law firms in the Asia Pacific witnessed a decline in lawyer headcount. Only Freshfields Bruckhaus Deringer went against the trend and increased their headcount by 51.5 percent.
The Lawyer interviewed Allen & Overy's Asia managing partner Thomas Brown who said that the reductions in headcount indicated maturing of the market.
Brown said, "Anyone who is going to come to the region is probably already here now. And the firms that are here are going through a period of slight consolidation, as they've have now stepped back and assessed their regional headcount needs."
If you are looking for attorney openings in law firms, click here for the best offers.
This news originally appeared on BCGsearch.com: International Law Firms Streamlining Head Count in Asia
Allen & Overy LLP
2 reviews

Featured Testimonials
I got a lot of great information from LawCrossing. It was totally worth my time and money.
Amy F.
Facts
LawCrossing Fact #105: We create new ways to search for jobs. Don’t get bogged down making phone calls and sending tons of emails. We know how to search smart!
Success Stories
- Brian McMillan San Francisco, CA
Why You'll Love LawCrossing
Legal Job Market Updates
Stay Ahead. Get your weekly career digest giving you:
- the latest legal jobs
- legal employment news and trends
- career advice and more
Questions?
- What is LawCrossing?
- Who Else Is Ready to Never Have to Worry About Recessions and the Legal Job Market Again?
- Why Job Boards Are Evil!
- Blow Away Your Competition with LawCrossing
- Get More Employers to Respond to Your Applications and Hire You
- Why You Are Not Aware of 95% of the Jobs Out There
- Why LawCrossing's Marketing Problem is Good for You
- Why It is Important to See Every Job Site There is
- Private versus Public Job Boards
- Why You Need to Manage Your Job Search in One Place
- Who Else Wants Their Phone Ringing Off the Hook With Quality Job Interviews?
- Do Not Use Another Job Board Until You Read This

Already have access? Click here to login | Forgot your password
Sign up now for free access to this content
Enter your details below and select your practice area(s) of interest to stay ahead of the curve and receive Lawcrossing search daily newsletters.