The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
When news broke last November that Allen & Overy (A&O) was holding exploratory talks with Singapore firm Allen & Gledhill eyebrows were raised at A&O’s perceived brazenness.
The Singaporean firm was, after all, Linklaters’ local JV partner.
Since then, however, tapping up rival firms’ foreign buddies has become the fashion: Macfarlanes has sent a partner on secondment to Slaughter and May’s Chinese best friend Jun He, while Linklaters is having tie-up discussions with Oz firm Allens Arthur Robinson - also a Slaughters ally.
The latest news is that A&O and Allen & Gledhill are leaning towards a Formal Law Alliance (FLA) - the loosest kind of association possible. This puts a new twist on the narrative.
If Allen & Gledhill is satisfied with an even looser tie-up with A&O than it has enjoyed with Linklaters, perhaps it is less a case of A&O aggressively targeting the Singapore firm and more a divergence of opinion between A&G and Links. Unless of course the proposed FLA is just the start of a long-term game plan that will see the pair eventually merge.
Or maybe after 10 years stepping out with Linklaters, A&G decided that a change was as good as a rest.