Thursday, September 30, 2010

The Search for the World’s best International Law Firms

International Law Firms

International law firms exist in abundance all over the world, with every single one of them claiming to be the top one or the best one. The claims, some false and some true, need to be verified so an accurate decision can be made, and the best international law firms can be known. The problem with attempting to find out which ones make the cut is the different methods of ranking.

Some web sites focus on ranking international law firms by their monetary ranking, given the revenue they brought in for a given year. Sure the amount of money they brought in from clients makes them reputable, but is that the main factor to consider. The international law firm that you want to represent you, your company, or whomever, should be one with a proven track record of wins. The firm should have a high ratio in wins to cases, so that you know their reputation of representation that precedes them is a strong one. Another way they are ranked is by pro bono participation, and average billable hours worked as well as diversity in demographics of their clients. Typing “best international law firm” or “top international law firm” into a highly used search engine will show you all the different results that you can get for each firm, and many different firms listed. Even so, the ranking tables provided can be misleading due to the data they use as the ranking, as discussed earlier. Even then, when data such as revenue is used as the primary ranking system, you must verify against other similar lists to make sure the information is accurate and correct. Most importantly, when checking for this type of information one must pay close attention to when it was last posted or updated. Looking at a list that tells you the top 10 international law firms could be posted 4-5 years ago, making it totally inaccurate and invalidated for this year. It is important to check all data versus dates, and numbers to make sure you can find some sort of correlation with at least one other reputable source.

As one can see, the search can be endless to finding the best or top international law firms. The best way to go by it is to use only reputable sources and see the firms that stand out the most, then research their history. It is wise to use common search engines at first, and then to navigate through official law sites such as widely known magazines or extensively used official forums in the matter. The key to finding an accurate listing is to use as many sources as possible and to find at least 2-3 sources that can back up the information you found making it reliable, so that your listing is accurate and just.

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