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.
Clifford Chance has indulged in a bout of internal restructuring, merging its three large M&A, private equity and corporate practices into one mammoth department on 1 December 2007.
It will be headed by partners Matthew Layton, who loves his private equity, and Adam Signy, who is most happy doing a mixture of private equity and other high-flying corporate deals.
But far from signalling the pre-eminence of private equity over M&A, the decision has little to do with politics: it scraps the historical divides between departments to introduce greater efficiency and fee-earner development.
The merger is also nothing new: in early 2007 the firm's securities, securitisation and trusts departments merged into a supergroup and asset finance and project finance united under a common billing code in October 2007.
One of the partners, with his tongue firmly in his cheek, describes the mergers as a bit of a trend akin to the comeback of flares.