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THE EXPANDING ROLE OF LAW FIRMS ACROSS THE GLOBE
South Africa has some exceptionally good law firms and The Big Five law firms is a term that informally refers to those law firms which, jointly, are perceived to be the biggest firms based in South Africa. The assessment of the leaders in the legal field is based on the number of offices, attorney and the amount of revenue earnings. These include Bowman Gilfillan Cliffe Dekker Hofmeyr, allied with DLA Piper, Edward Nathan Sonnenbergs, Norton Rose South Africa1 and Webber Wentz. These firms have a significant presence in the country as they deal with multifarious issues and providing exemplary legal services to a wide range of clients. They also undertake projects with the foreign clients as more and more international players enter the domestic economy. The Law firms have a team of exceptional and dedicated advocates and lawyers who specialize in different areas of the law. Magic Circle includes five law firms and has its headquarters. It is the leading firm in London, recognized and reputed for immaculate services provided to their long list of loyal and growing clients over the years. The firm has been involved in several kinds of legal projects with the leading clients of all the sectors. These have been conducted in ethical manner and successfully too. Global Quartet or Big Four refers to members of the Magic Circle excluding Slaughter and May as it has not pursued a policy of expansion. Golden Circle is a term used by The Economist, Silver Circle coined by The Lawyer magazine in 2005 describes the mid-market or boutique law firms in the UK with profits per partner levels alike the Magic Circle. However, these are much smaller in terms of overall turnover and recruitment. The White shoe firms or Charmed Circle, on the other hand are those law firms which are deemed to be the leading New York City law firms Seven Sisters is the term referring to the seven Canadian law firms, which are the best in the country, while Big Six alludes to the six leading law firms in Australia. Wachtell Lipton Rosen & Katz, Cravath, Swaine & Moore LLP, Sullivan & Cromwell LLP, Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates and Davis Polk & Wardwe are the leading UK Law firms. Our current world scenario, including the polity and economy is changing rapidly with dramatic changes being witnessed frequently in most of the countries. With the organizations going global and with intersections at critical junctures of work, the need of good law firms has never been more than toady. Expert Advocates and Legal Consultants, who are abreast with all law matters and efficient in their workings have gained a significant and crucial importance in the new world order. Chambers, a leading directory of the legal profession has been serving the market for over two decades with the listing of the law firms. They are dedicated in providing a clear and comprehensive of the international law scenario is provided by the independent and objective hard work of their research teams. The reputation of Chambers is quite unmatched as several organizations and individual turn to it for help. For further details about Legal Network and Corporate Lawyer network please visit the website.
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