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 lawyers will make a final attempt this week to strike a deal for Western banks with the Russian central bank on how businesses and institutions there will repay billions of dollars in defaulted domestic debt.
The lawyers have until 17 November, when the 90-day debt moratorium imposed by the Russian government expires. If no deal is made, a raft of litigation is expected.
Clifford Chance partners Cliff Godfrey and Andrew Yianni are acting for a steering committee of major commercial banks owed £6.5bn.
Lawyers in other firms acting for individual banks are pessimistic. Jeff Roberts, partner at Freshfields' Moscow office, said: "The deadline is unlikely to be extended and the expectations of government and foreign investors are still too far apart."