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.
Travers Smith Braithwaite has scooped its first instruction from Cazenove, advising on what is the bank’s second successful AIM float – the initial public offering (IPO) of Dealogic.
Cazenove has historically been advised on its own account work by Slaughter and May, although Macfarlanes has also won pieces of the bank’s own work. It has instructed a range of firms, including Macfarlanes, on client-facing work.
Simmons & Simmons also recently pitched to the bank on the strength of AIM expertise gained advising Collins Stewart on Northumbrian Water’s accelerated IPO.
Travers corporate partner Spencer Summerfield, who led on the deal, told The Lawyer that the firm has known Cazenove for some time and was instructed on an earlier IPO on the full list, which was pulled and converted into a trade sale.
The instruction was carried over onto the Dealogic float on which Cazenove acted as nominated adviser, broker and bookrunner.
Linklaters partner Charlie Jacobs advised Dealogic, two of whose shareholders have been longstanding clients of the firm since it advised on the flotation of Computacenter, one of their earlier ventures.
Jacobs said: “The reason we’re on the deal is that we’re relationship-driven, more generally though, it’s noticeable that both law firms and banks who might not have been associated with AIM are now looking to get some experience on it, particularly at the higher end.”