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.
DLA Piper is the most notable absentee from the first joint panel of the Co-operative Group and Co-operative Financial Services (CFS).
DLA Piper has been used to advise on property, commercial and litigation, but was embarrasingly dropped by the Co-op midway through a landmark dispute with ICL, which ultimately resulted in the overhaul of the Technology and Construction Court.
Herbert Smith advised CFS on a restructuring of its insurance business in January, which split the general and life insurance businesses of subsidiary the Co-operative Insurance Society.
CFS director of legal and regulatory services Peter Kerns and Co-operative Group head of legal services Philip Hardman selected the panel firms jointly.
Kerns said: "This joint venture is unique in that it is the first time that the Co-operative Group and CFS have come together to appoint a single panel of commercial law firms. We're all confident that this coming together will result in a cost-effective and proficient service for both businesses."
The panel, which Kerns said is for "high-end financial services and M&A activity", is separate from the seven-firm panel announced in September by Co-operative Legal Services.