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.
Ashurst has dramatically bulked up its presence in the German and Italian markets with a mass raid on Allen & Overy (A&O) and Haarmann Hemmelrath - underlining its aggressive push on finance in Europe.
The silver circle firm has hired three restructuring partners from Haarmann: David von Saucken, Matt McDonald and Ingo Scholz. They are understood to be bringing six associates with them.
Von Saucken and McDonald are to join Ashurst's London office, while Scholz will transfer to the firm's Frankfurt operation. The team has advised clients such as JPMorgan, CSFB, Goldman Sachs and Lone Star.
Ashurst senior partner Geoffrey Green told The Lawyer: "The restructuring group was a great one-off opportunity and this kind of thing doesn't come along very often. It fits very well with our London-Frankfurt axis."
In a separate move, Ashurst has also bagged A&O Milan partner Franco Vigliano for its Italian business.
Vigliano, a well-known name in the Italian projects market, has been instrumental in running the key Messina Straits bridge project for the magic circle firm. His colleague John France also joins Ashurst as a finance partner.
This will take the number of partners in Ashurst's Milan office to nine, and represent the firm's first major projects laterals in Italy.
Green said: "Projects and energy is a practice we've earmarked for expansion internationally. We just opened in Dubai and we want to take the plunge into Europe on that."