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Chambers and Partners

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Chambers and Partners
IndustryRankings
Founded1989
ParentOrbach and Chambers Publishing Limited

Chambers and Partners (often noted elsewhere as Chambers & Partners) produces international rankings for the legal industry, which is headquartered in London, United Kingdom.

Orbach and Chambers

Orbach and Chambers Publishing Limited was founded 19 December 1969, in London, by friends[1] Laurence Francis Orbach, a university professor,[2] and lawyer Michael Ernest David Chambers.[3]

Chambers and Partners

Chambers and Partners was founded in 1989 as a division of Orbach & Chambers Publishing Limited (later, Orbach & Chambers Holdings Limited), book publishers.[1] by Laurence Francis Orbach, who, in 1976, also co-founded The Quarto Group.[2] and attorney Michael Ernest David Chambers.[3]

During the 21st century, the firm became widely recognized as an authority on global legal rankings, and was referenced, in 2018, by The National Law Review as "one of the legal industry’s most prestigious rankings — and also the most notoriously difficult to crack."[4]

In March 2018, Michael Chambers sold the company to Village Ventures' investment fund, Inflexion Private Equity,[5] with former managing director Mark Wyatt re-joining Chambers and Partners as CEO.[6] The sale was represented by Slaughter and May.[7]

In 2020, the company was criticized, alongside its competitor The Legal 500, for taking advantage of the U.K. government furlough scheme to help alleviate economic hardship resulting from the COVID-19 pandemic in the United Kingdom, despite strong sales, while claiming a reduction in income which did not appear supported in practice.[8]

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The Quarto Group

The Quarto Group

The Quarto Group is a global illustrated book publishing group founded in 1976. It is domiciled in the United States and listed on the London Stock Exchange.

The National Law Review

The National Law Review

The National Law Review is an American law journal, daily legal news website and legal analysis content-aggregating database. In both 2020 and 2021, the National Law Review published over 20,000 legal news articles and experienced an uptick in readership averaging 4.3 million readers in both March and April 2020, due to the demand for news regarding the COVID-19 Pandemic. The site offers hourly legal news updates and analysis of recent court decisions, regulatory changes and legislative actions and includes a combinations of original content and content submitted by various professionals in the legal and business communities. The online version of The National Law Review was started as a research tool by a group of corporate attorneys looking to store and classify useful and reputable legal analysis and news they located on the internet. The National Law Review has grown to one of the most widely read business law websites in the United States.

Private equity fund

Private equity fund

A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity. Private equity funds are typically limited partnerships with a fixed term of 10 years. At inception, institutional investors make an unfunded commitment to the limited partnership, which is then drawn over the term of the fund. From the investors' point of view, funds can be traditional or asymmetric.

Slaughter and May

Slaughter and May

Slaughter and May is an international law firm headquartered in Bunhill Row, London. Founded in 1889, Slaughter and May is considered to be one of the most prestigious law firms in the world and is a member of the "Magic Circle" of elite London-headquartered law firms. In addition to London, it has offices in Beijing, Brussels and Hong Kong.

COVID-19 pandemic in the United Kingdom

COVID-19 pandemic in the United Kingdom

The COVID-19 pandemic in the United Kingdom is a part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). In the United Kingdom, it has resulted in 24,396,534 confirmed cases, and is associated with 207,695 deaths.

Operations

The company employs over 200 editors in London who conduct research and interviews in more than 20 languages,[9] and provides ranking on over 80,000 lawyers in more than 185 jurisdictions.[7]

The Times of London reported the company's revenues as £20 million for 2018.[10]

In June 2019, The Wall Street Journal reported that Chambers and Partners most recent annual guide to lawyers based solely in the U.S. totaled 3,239 pages.[11]

Chambers Guides

Aside from its ranking activities; since 1990, the company has published "Chambers Global Practice Guides",[12][13] for law practice areas in a range of global jurisdictions. Chambers Guides, and its sections, are authored and edited by vetted legal professionals from firms such as DLA Piper,[14] Eversheds Sutherland,[15] Baker McKenzie,[16] Cravath, Swaine and Moore,[17] and Morgan, Lewis & Bockius.[18]

Chambers and Partners publishes its law school guide, "Chambers Student" online.[19]

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The Times

The Times

The Times is a British daily national newspaper based in London. It began in 1785 under the title The Daily Universal Register, adopting its current name on 1 January 1788. The Times and its sister paper The Sunday Times are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. The Times and The Sunday Times, which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of The Times is considered to be centre-right.

The Wall Street Journal

The Wall Street Journal

The Wall Street Journal is an American business and economic-focused international daily newspaper based in New York City with international editions published in Chinese and Japanese. The Journal and its Asian editions are published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in broadsheet format and online. The Journal has been printed continuously since its inception on July 8, 1889. The Journal is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019.

Vetting

Vetting

Vetting is the process of performing a background check on someone before offering them employment, conferring an award, or doing fact-checking prior to making any decision. In addition, in intelligence gathering, assets are vetted to determine their usefulness.

DLA Piper

DLA Piper

DLA Piper is a multinational law firm with offices in over 40 countries throughout the Americas, Asia Pacific, Europe, Africa, and the Middle East. In 2021, it had a total revenue of US$3.47 billion, an average profit per equity partner of US$2.5 million, and was the third largest law firm in the United States as measured by revenue.

Eversheds Sutherland

Eversheds Sutherland

Eversheds Sutherland is a global multinational law practice created by a combination of law firms Eversheds LLP and Sutherland Asbill & Brennan LLP, in February 2017, and is one of the 50 largest law practices in the world.

Baker McKenzie

Baker McKenzie

Baker McKenzie is an international law firm located in Chicago, Illinois. It was founded in 1949, originally named Baker & McKenzie. It now has 77 offices in 46 countries and employs 4,809 attorneys and approximately 13,000 employees. The firm took in $3,126,729,000 gross revenue in 2021, thus placing 4th on The American Lawyer's 2022 Am Law 200 ranking.

Morgan, Lewis & Bockius

Morgan, Lewis & Bockius

Morgan, Lewis & Bockius LLP is an American multinational law firm with approximately 2,200 legal professionals in 31 offices across North America, Europe, Asia, and the Middle East. Mergers with other law firms stimulated global growth and led to a ranking of eighth on American Lawyer's 2018 top 100 firms by gross revenue list. It is also the largest law firm chaired by a woman, and represents "three-quarters of the Fortune 100 companies."

Source: "Chambers and Partners", Wikipedia, Wikimedia Foundation, (2023, March 19th), https://en.wikipedia.org/wiki/Chambers_and_Partners.

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See also
References
  1. ^ a b "Michael Chambers", LinkedIn. Retrieved April 21, 2019.
  2. ^ a b "People Round-Up, Mid-June 2018"; Publishing Trends. Retrieved April 21, 2019.
  3. ^ a b "Declaration of compliance", "ORBACH AND CHAMBERS LIMITED Company number 00969186" ("29 Dec 1969" entry - page 1 of 12 page PDF). Retrieved April 22. 2019.
  4. ^ "It’s Chambers Season: What You Want to Know" with Host: Sharon Berman. Guest: Megan Braverman. "Law Firm Marketing Catalyst Podcast". Podcast transcript published by National Law Review, August 21, 2018. Retrieved April 21, 2019.
  5. ^ "Inflexion Backs Legal Rankings Firm Chambers & Partners" by William Louch, Private Equity News, March 23, 2018. Retrieved April 21, 2019.]
  6. ^ "Legal ranking business sold for undisclosed sum", by Michael Cross, The Law Society Gazette, 20 March 2018. Retrieved April 21, 2019.
  7. ^ a b "Inflexion’s acquisition of legal rankings business Chambers and Partners", by Paolo Bossi, Global Legal Chronicles, April 6, 2018. Retrieved April 22, 2019.
  8. ^ "Legal 500 and Chambers guide accused of furlough sharp practice" Jamie Hamilton, RollOnFriday, May 20, 2020. Retrieved October 15, 2019.
  9. ^ "The Research Team", Chambers and Partners. Retrieved April 21, 2019.
  10. ^ "Leaving Chambers", by Edward Fennell, The Times, March 22 2018. Retrieved April 22, 2019.
  11. ^ "The Hottest Field in Law? Ranking the Lawyers", The Wall Street Journal, June 9, 2019. Retrieved June 9, 2019.
  12. ^ "Everything you need to know about Chambers and Partners", by Georgia Brooks, Chambers Europe Editor 2012 – 2015, Legal Business World, October 21, 2016. Retrieved June 9, 2019.
  13. ^ "Chambers Global Practice Guides", Chambers.com, Chambers and Partners. Retrieved June 9, 2019.
  14. ^ "Real Estate", "Practice Guides", Chambers and Partners, 2019. Retrieved June 9, 2019.
  15. ^ "Public Procurement and Government Contracts", "Practice Guides", Chambers and Partners, 2019. Retrieved June 9, 2019.
  16. ^ "Life Sciences", "Practice Guides", Chambers and Partners, 2019. Retrieved June 9, 2019.
  17. ^ "Litigation", "Practice Guides", Chambers and Partners, 2014. Retrieved June 9, 2019.
  18. ^ "Cartels" (UK), "Practice Guides", Chambers and Partners, 2019. Retrieved June 9, 2019.
  19. ^ Chambers Student, Chambersstudent.com, Chambers and Partners. Retrieved June 9, 2019.
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