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.
US firms Covington & Burling and Howard Smith & Levin have merged to form a 400-lawyer firm, to be called Covington & Burling.
The union ends rumours that Covington & Burling, which has a dual capability office in London, was about to merge with US firm Wachtell Lipton Rosen & Katz.
Head of corporate at Covingtons' London office Hilary Prescott says the merger will give the firm's UK practice access to US capital markets work.
Philip Howard of Howard Smith, who will be vice-president of the new firm, says Covingtons' London office will strengthen the firm's practice: "We have a number of British clients [and] we have a significant cross-Atlantic practice that is harder to do when you are in New York. It will be easier to do with Hilary and her team in London."
Howard Smith has a close relationship with Allen & Overy on US tax matters. Howard says he does not expect this to be threatened by his firm gaining a London office.