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.
Just their luck. With what could be the biggest-ever European merger currently being bashed out by Dutch banking giant ABN Amro and Barclays, the Netherlands isintroducing a new takeover code, which is set to come into force on 1 May.
What might complicate matters is if rival bidders enter the fray, and at what point.
Meanwhile, lawyers working on the £80bn talks are playing down the changes, which basically amount to limiting the time an offer can be left open to 10 weeks, with one extension right. A corporate partner advising ABN on the deal said the changes were "highly technical, but in the grand scheme of things not a real sea change. There's new stuff to plan around and structure, but it doesn't give anyone a particular advantage."
Advising for Barclays, a partner was equally sanguine, saying: "We're factoring it into our structuring."