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.
Recovering Dutch supermarket group Ahold last year shelled out €170m (£114.2m) in advisory fees, with the lion’s share going to White & Case, De Brauw Blackstone Westbroek and Wilmer Cutler & Pickering.
The Dutch group revealed the massive fees in its full-year results for 2003, which also included €80m (£53.7m) spent on banking costs as it sought to restructure its businesses in the face of last year’s €1bn (£61.6m) accounting scandal.
White & Case led a team investigating the financial problems that were first discovered at the company’s American business, US Foodservices. De Brauw, a long-time adviser to Ahold, is also understood to have gained a large slice of the €170m.
In August last year, the company’s supervisory board proposed that De Brauw corporate partner Peter Wakkie join the group in the newly-created position of chief corporate governance counsel and member of the corporate executive committee. He assumed the posts when he joined on 15 October 2003.
A spokesperson at Ahold declined to comment on how much of the €170m was paid to lawyers, since a share went to the likes of Deloitte & Touche, which worked with White & Case on the investigation of the financial scandal.