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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) has added a new client to its expanding airlines practice after beating competitors including Clifford Chance to an instruction from Oman Aviation Services Company. A&O's New York office has closed the airline's first deal with the Export-Import Bank of the United States (Ex-Im Bank), the US's official export credit agency.
Ex-Im financed the Oman airline's acquisition of a Boeing 737. Ex-Im can provide borrowers with a list of law firms, but cannot make recommendations. The airline selected firms from the list for a tender, with Clifford Chance among them.
The deal was small - about $30m (£18m) - but New York banking partner Ian Shrank said he hoped it would lead to future instructions. He added: "We've been trying to expand our aviation practice. It's a difficult time to do that in the present aviation market. Also most airlines already have [external] counsel. But we have had some notable successes."
This year A&O expanded its relationship with Qantas, and has added Iberia and KLM to its client list.