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At present, HCJ sittings on the circuit are arranged according to three terms: winter (11 weeks)' summer (16 weeks)' and autumn (12 weeks).
"With more and more large civil cases now commencing in Birmingham, it makes sense for HCJs to be located in the Midlands," he said.
If HCJs were resident in Birmingham savings in excess of pounds 400,000 a year could be made to the public purse by reducing overheads and staffing costs.
Mr Murphy said: "The findings make a strong case for resident HCJs in the regions and, as the first city to directly take its case to the Lord Chancellor, Birmingham is leading the way.
He added: "By creating a High Court in Birmingham, led by full status HCJs, we could increase the commercial community's ability to access justice at all levels of jurisdiction, whatever their location.
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