The Lawyer’s newest product is the most comprehensive overview of the Asia-Pacific legal market yet produced. With rankings of the top 100 local law firms by lawyer headcount as well as analysis of the leading 50 international players in the region, it is essential reading for anyone interested in the strategic future of the world’s fastest growing legal market
Clifford Chance has broken the US's stranglehold on advising global private equity buyouts, making it onto the global leveraged buyout (LBO) leaderboard in terms of value in the second quarter of 2007.
According to data from mergermarket, Simpson Thatcher & Bartlett is the leading legal adviser to private equity buyouts globally, advising on $140.9bn (£70.71bn) worth of LBOs in the past three months.
Looking at global M&A, Sullivan & Cromwell leads the way in terms of value, advising on 84 deals with a combined worth of $489.1bn. Second place went to Skadden Arps Slate Meagher & Flom, with the next four places being taken up by magic circle firms.
Clifford Chance, which had roles on three of the top five M&A deals, is in third place, advising on 120 deals with a combined value of $435.3bn. Among these, Clifford Chance advised Volkswagen on its $100bn takeover by Porsche and Barclays on its $89.6bn bid for ABN Amro.
Fourth place goes to Allen & Overy, which acted for Porsche on the Volkswagen deal and also represented ABN Amro on the Barclays approach, as well as an approach from a Royal Bank of Scotland-led consortium.
Linklaters, which also gave advice to Volkswagen, is in fifth place, followed by Freshfields, which advised on a total value of $325.1bn, including a role for Porsche.