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.
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.