The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Norton Rose has been forced to release four of its former partners from their restrictive covenants several months early due to pressure from key clients Deutsche Bank and JPMorgan Chase
The four-partner acquisition finance team, consisting of Tim Polglase, Clive Wells, Robin Harvey and Andrew Bamber, resigned from Norton Rose in January this year to join Allen & Overy (A&O). Their clients included Deutsche Bank, JPMorgan Chase, Royal Bank of Scotland and Fuji Bank. Banking sources have told The Lawyer that the team has been allowed to take a handful of matters with them. The partners will now be able to handle new instructions from the banks several months earlier than anticipated. The softened stance on the part of the Norton Rose management was signalled earlier this summer, when Bamber was allowed to start work at A&O on 10 June. Polglase, Wells and Harvey followed suit two weeks later. It is understood that Tim Polglase was the key figure in the new deal. He is particularly close to Deutsche Bank and JPMorgan Chase. Norton Rose was omitted from Deutsche Bank's leveraged finance panel last year following the bank's concerns about the firm's European coverage. A&O and Norton Rose declined to comment.