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.
Benelux heavyweight Loyens & Loeff has reported a 4 per cent rise in revenue for last year, from €214m (£147m) to €222m (£152m), with €22m (£15m) generated from outside its core Continental market.
Loyens began targeting the Chinese market last year with a series of seminars aimed at inbound Chinese instructions. However, the majority of the firm's revenue remained rooted in the Benelux region.
The firm, formed in 1999 with the merger of tax specialist Loyens & Volkmaars and half of the former Dutch giant Loeff Claeys Verbeke, is best known for the high number of tax advisers it contains. In recent years, however, Loyens has focused on ramping up its corporate business.
Last year, the firm's major deals included advising Viacom on the $50m (£28.6m) spin-off of MTV Networks and Paramount Pictures into New Viacom; Apax Partners on the acquisition of Versa-tel Telecom; and Clayton Dubilier & Rice, Carlyle and Merrill Lynch Global Private Equity on the Benelux aspects of the acquisition of Hertz.