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.
Newly elected Milbank Tweed Hadley & McCloy chairman Scott Edelman listed London as a highlight of 2012 during an annual partners’ meeting in Miami, his first speech to the US firm since replacing former chair Mel Immergut earlier this month.
Litigator Edelman, who was voted in by partners after being elected as vice chairman in 2009, told The Lawyer that the firm’s London office was something he listed as an “exciting story for us” in his first speech as chief, the first time Milbank has had a new chairman in 17 years.
Among those highlights, Edelman mentioned the firm’s involvement in the $23.3bn (£14.9bn) takeover of Virgin Media by US group Liberty Global (6 February 2013), led by London finance partner Timothy Peterson and corporate partner Mark Stamp, who recently joined the City base from Linklaters.
Outside of London, the firm recently poached the head of Allen & Overy’s US financial services regulatory practice, Douglas Landy, for its New York office. Edelman told The Lawyer no major changes in strategy were due to take place as he has already been vice chairman for four years.
The new chairman joined Milbank in 1994 after serving for four years as an assistant US attorney in the Southern District of New York. He took on the new role on 8 March, although the firm formally announced the change today (19 March).