The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
US firms Fenwick & West and Simpson Thacher & Bartlett have won the key roles advising on Facebook’s long-awaited IPO.
Documents for the highly anticipated listing were filed yesterday, revealing Fenwick corporate partner and firm chairman Gordon Davidson, corporate partner Jeffrey Vetter and corporate associate James Evans as the named advisers to the social networking giant. The deal was run out of the firm’s Mountain View office.
Simpson Thacher was named as the adviser to the underwriters, which included Morgan Stanley as lead bank, JPMorgan in the second position and Goldman Sachs in third, with Bank of America Merrill Lynch, Barclays Capital and Allen & Company also on the roster.
Palo Alto corporate partners William Hinman and Daniel Webb were named as the lawyers for the investment banks.
The document also cites Facebook general counsel and former Kirkland & Ellis partner Theodore Ullyot, whom the company hired as legal chief in 2008. Deputy general counsel David Kling and associate general counsel Michael Johnson were also involved.
Facebook is valued at $80bn, making founder Mark Zuckerberg worth $22.7bn. Zuckerberg will retain control of the company. The company will either list on Nasdaq or the New York Stock Exchange.