At first glance the 2012 Global 100 rankings, which show revenues for the world’s largest law firms rising to an all time high of $81.9bn (£50.8bn) during the last financial year, do much to prove the well-coined expression that, rain or shine, people (or at least major public companies) always need lawyers.
This year's Global 100 shows that the big are still getting bigger despite the turbulent economy, but the numbers suggest it is far from a simple march to one-stop shop domination. Georgina Stanley reports...
Faz Peermohamed left Ince & Co late last year to join the Norwegian Hull Club as CEO
DLA Piper has promoted 48 lawyers to partner across its global network of offices, up from 44 last year
Over a third of all the lawyers CMS has promoted to partnership are women
Head of non-contentious financial services regulation Bob Penn will join the US firm after 17 years at Allen & Overy
Eversheds has promoted 26 new partners, up 18% on last year's 22-strong round