As part of the research process for asialaw Profiles we survey buyers of legal services for their feedback on:
- Assessment and Rating of law firms and lawyers’ quality of service and work
- Upcoming market trends
Here is a snapshot of the data for Philippines:
Firm attributes
We ask clients to rate law firms on the following (from 1 poor to 5 excellent)
- Costs transparency
- Extensive local/international network
- Industry sector knowledge
- Technical ability and innovation
- Use of technology
- Value for money
- Client relationship management
- Risk management
Best firm by individual attribute
- Costs transparency: Cruz Marcelo & Tenefrancia
- Extensive local/international network: ACCRALAW
- Industry sector knowledge: Gulapa & Quicho (Gulapa Law)
- Technical ability and innovation: ACCRALAW, Gulapa & Quicho (Gulapa Law)(tie)
- Use of technology: Gulapa & Quicho (Gulapa Law)
- Value for money: Gulapa & Quicho (Gulapa Law)
- Client relationship management: ACCRALAW, Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law), Gulapa & Quicho (Gulapa Law) (tie)
- Risk management: Gulapa & Quicho (Gulapa Law)
Best overall firms by aggregate score
- Gulapa & Quicho (Gulapa Law)
- ACCRALAW
- Cruz Marcelo & Tenefrancia
- Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law)
- Quisumbing Torres
General statistics
Highest rated law firm attribute: Overall client relationship management
Lowest rated law firm attribute: Use of technology
Lawyer attributes
We ask clients to rate lawyers based on the following attributes (from 1 poor to 5 excellent)::
- Communication
- Commercial understanding
- Country knowledge
- Industry sector knowledge
- Listening to and implementing feedback
- Meeting deadlines
- Responsiveness and accessibility
- Technical ability
Best lawyer based on aggregate score
Aris Gulapa, Gulapa & Quicho (Gulapa Law)
General statistics
Highest rated lawyer attribute: Communication
Lowest rated lawyer attribute: Industry Sector Knowledge
Market feedback
Topic that concerns clients most
Regulatory or governmental changes
How law firms can assist clients:
- They can give us brief information on the changes beforehand so that we can start preparing any necessary action
- By giving regular early updates on expected changes in the regulatory environment based on reliable information obtained from sources within the relevant agencies
- Just be updated with the latest development and keep us posted should anything pose any effect on our business
- Keeping up to date with dynamic regulatory conditions
- Update on proposed bills that will affect the industry
Which practice area do they anticipate to give more work to external legal counsel in the next 12 months
Corporate/M&A
Which practice area do they anticipate to give less work to legal counsel in the next 12 months:
Private Equity
How can law firms improve their service to clients?
- Better cost transparency
- Consider opening branches in international jurisdictions, particularly within ASEAN.
- Faster response time
- I think they need to hire more associates to complement the work of their highly experienced but limited pool of partners
- More frequent, as needed, face to face customer meetings
- The firm could consider having less prohibitive rates. This matter begins to be a concern even for multinationals
- The Legal Provider Internet security level does not match our corporation's. We need to password every documents and it’s very troublesome. They need to upgrade its Internet security level