The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Bruce White is giving his partners a lot to think about. Gemma Westacott reports
Slaughter and May's decision to accept the sell side mandate on Mitchells & Butler's and Punch Tavern's potential joint £2.5bn bid for Spirit Group has left the role to advise Punch up for grabs. Slaughters, which has longstanding relationships with Spirit and Punch, is understood to have opted to act for Spirit because its policy when its clients are on both sides of a deal is to advise the target. For instance, Slaughters turned down an instruction to advise regular client Kaupthing Bank to act for the target UK bank Singer & Friedlander, which is also a client. Which firm will land Punch is anyone's guess. But the firm with the best chance is probably Ashurst, although it is understood not to have handled any corporate work for Punch since it advised the company's main institutional investor Texas Pacific Group on its reorganisation and IPO in early 2002. Slaughters declined to comment.
Denton Wilde Sapte (DWS) continues to land high-profile work in the competitive futures market, having worked on the launch of a new European commodities exchange. The firm advised the New York Mercantile Exchange (Nymex) on the opening of the Nymex Europe exchange in London. The exchange will be used to trade oil and other energy-based commodities. Nymex Europe is unusual in that it operates as a floor-based trading platform, with most exchanges having now switched over to electronic trading. The exchange gives Nymex its first foothold in Europe and puts the company in competition with the International Petroleum Exchange. DWS has also won a role advising Nymex on a joint venture to open an exchange in Dubai. Robert Finney (pictured), head of financial markets and regulation, led on the deal, with partners Dan Burge (technology, media and telecoms) and Jonathan Dawe (corporate) also advising. Only a handful of firms operate in the futures market, so competition for work is fierce. But DWS, with its focus on metals and oil, has managed to secure a number of high-profile mandates, including deals for Man Financial, Refco and Fimat.