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.
A u-turn by Denton Wilde Sapte management may have scotched a £100m deal for its City headquarters.
Standard Life was set to acquire Dentons' London offices for £100m until the firm re-entered negotiations with landlord British Land to discuss incentives to forgo an early break-clause in the firm's lease.
The firm had previously rejected the property investment company's offer to buy back the option to break its lease on 1 Fleet Place in 2009. It had gone so far as to begin a search for a new 150,000-200,000sq ft headquarters, and place its two other buildings - 5 Chancery Lane and 122-126 Chancery Lane - on the market.
The change of heart could scupper British Land's proposed sale of 1 Fleet Place to Standard Life as Dentons' decision to honour the full lease would push the property's value up past Standard's proposed purchase price.
According to property publication Estates Gazette, a closed-ended German fund will be prepared to buy 1 Fleet Place instead if Dentons committed to stay until its lease expiry in 2018.
The about-turn is not, however, expected to impact on Charles Russell's anticipated move to Dentons' 85,000sq ft premises at 5 Chancery Lane.
Charles Russell, which has two break clauses in the lease for its current premises on New Fetter Lane in 2006 and 2009, confirmed that it had looked at 5 Chancery Lane, but to date had not agreed a deal on new premises.