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.
The instruction is a coup for Clifford Chance partner Geraint Hughes, who has fostered the Shell relationship with a string of deals during the past 18 months, culminating in this transaction, which could be worth up to $3bn (£1.6bn). Hughes and Clifford Chance declined the opportunity to comment.
A Slaughters partner said: “Following Shell’s panel review we wouldn’t expect to be instructed on every transaction.”
In a separate development, Shell is looking to beef up its in-house team in the Hague, with the addition of a senior US securities attorney.
Shell’s UK general counsel Richard Wiseman told The Lawyer: “That is a direct response to the events of last year. There was a recognition that we needed to build up the in-house expertise in that area.”
The oil company was plunged into controversy last year after it overstated its oil reserves. A High Court case is pending.