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.
FRESHFIELDS has been appointed to advice the financiers of the proposed £1.1bn initial public offering (IPO) QinetiQ Group.
As first revealed in The Lawyer (August 15, 2005), Herbert Smith is advising QinetiQ on the proposed IPO. The city firm first secured QinetiQ as a client on its sale of a 34 per cent stake to US private equity house The Carlyle Group.
Clifford Chance advised Carlyle in that transaction, and has secured instructions to advise again, also revealed first in The Lawyer (August 15, 2005).
The proposed QinetiQ float has been the subject of national media attention with revelations Carlyle could expect to see the stake it purchased for £42.4m in 2003 valued at £340m when floated.
Simmons & Simmons is again advising the Ministry of Defence in the proposed float, which would see the UK Government sell approximately half of its 56 per cent stake.
Credit Suisse (Europe), JPMorgan, Cazenove and Merrill Lynch International have been appointed joint global co-ordinators, joint bookrunners, joint sponsors and joint lead managers for the proposed flotation.