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.
Managed equipment service provider Asteral has hired a project finance lawyer from Lovells, its first dedicated in-house lawyer.
Antoinette Keane, who will report to managing director David Rolfe, will work on procurement negotiations and manage relationships with law firms and banks.
"The growth [of the company] means we need a dedicated in-house function," said Rolfe. "As at July we had contracted revenue of £330m; we need a lawyer to work on these deals."
Rolfe said Asteral intends to boost the legal function over the next 12 months.
The company, formerly known as AssetCo Healthcare, previously shared an in-house lawyer with its parent company AssetCo. It lost this capability when it rebranded.
Asteral, which has clients such as the University Hospitals of Leicester Trust and the Whittington Hospital NHS Trust in its portfolio, has used Hammonds and Morgan Cole for external contract work in the past.