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.
TROWERS & Hamlins is celebrating the achievement of an impressive stranglehold on the public housing market after helping a housing association raise £105 million in the largest venture of its kind.
The firm says it has now helped the housing movement raise £5 billion of private finance, amounting to more than 60 per cent of the £8.5 billion raised altogether.
The most recent stock issue handled by the firm was for the Preston-based North British Housing Association, which issued £105 million of guaranteed secured stock, the largest ever single issue by a housing association.
Trowers reached the £5 billion landmark earlier this month when it helped Rushmoor Housing Association secure an £89 million loan in a deal to finance the transfer of housing stock from Rushmoor Council.
The practice, based in Lincoln's Inn, estimates it has acted as legal advisor in three quarters of all the successful transfers of public sector housing stock.
Adrian Carter, a partner in the Trowers finance group, said that the firm had been well placed to take advantage of the surge in housing association activity which had been prompted by government legislation in the late 1980s.
"It is a market that we have been involved in since the 1960s when it was small," Carter said.
"When the market expanded we were well placed to take advantage of it."