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.
Allen & Overy (A&O) and US firm LeBoeuf Lamb Greene & MacRae have secured the $486.4m (£243.87m) disposal of Newfield's UK subsidiary to Centrica, the UK's biggest energy supplier.
The deal sees Centrica take an 85 per cent stake in the Grove gas field, which started production this summer, as well as an 80 per cent stake in the Seven Seas gas development. These sales by Newfield mark the departure of the Houston-headquartered exploration company from the North Sea.
A&O's team was led by corporate partners Mark Dighero and Anna Buscall. The magic circle firm is a member of Centrica's panel, along with Ashurst, Eversheds, Herbert Smith and Linklaters.
Newfield is also a longstanding client of LeBoeuf, which is currently in merger negotiations with fellow New York-headquartered firm Dewey Ballantine. LeBoeuf's team was led by London-based corporate partner Christopher Prior.
At Centrica, the acquisition is the first major transaction led by its new general counsel Peter Roberts. He joined the company in June from Jones Day, where he was global co-head of oil and gas. He now manages the 10-strong team of lawyers who oversee the company's upstream activities (The Lawyer, 4 June).