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.
Poor old Allen & Overy (A&O). Slaughter and May was under the spotlight as Alliance-Boots general counsel Marco Pagni gave the firm the ne plus ultra of instruction - the £10bn management buyout backed by Clifford Chance client Kohlberg Kravis Roberts (KKR) - leaving Alliance-Boots' other panel firm A&O in the wings. The two firms had been battling it out to see which would be the high street giant's favourite, favourite, favourite firm.
What's more, A&O had been tantalisingly close to an instruction on the financing side too, with one bank, understood to be JPMorgan, wanting to use A&O. But the recommendation came too late, with Linklaters already having been instructed.
In this instance the chance of turning a job down on a conflict would have been a consummation devoutly to be wished.
Not that conflicts seem to matter too much on this deal: Merrill Lynch made the very unusual move of happily crossing the floor, from being broker for Alliance-Boots to advising its deputy chairman Stefano Pessina and KKR, reportedly with Alliance-Boots' blessing.