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.
SJ Berwin acted for international publishing house The Future Network on its #577.5m flotation on the London Stock Exchange. Its team was led by corporate finance partner Steven Davis and included corporate finance partners John Daghlian and Peter Anderson, assisted by Mark Sanders, Pauline Rippon and Rob Day.
Daghlian says: "This was a bloody good flotation for SJ Berwin to do. It is unusual for a non-magic circle firm to do this sort of work.
"But as we have expanded by recruiting from outside the firm rather than internal appointments, we have many ex-Clifford Chance partners and such like so we can handle these big publishing cases."
Weil Gotshal & Manges corporate partner Akiko Mikumo and corporate assistant Corey Chivers also worked on the flotation, providing US counsel for The Future Network.
Morgan Stanley Dean Witter, the deal's underwriter, was advised by Freshfields corporate partner Neil Radford and corporate assistant Julian Makin.
Freshfields has also gained work on another major publishing deal involving US media giant Gannett's #904m bid for UK regional newspaper group Newsquest. The firm has gained a new client in Gannett after being introduced by accountants PricewaterhouseCoopers.
Corporate partner Patrick Gaynor led the Freshfields team with support from competition partner Rod Carlton and finance partner David Winfield.
US securities partner John Chrisman worked with Gannett's in-house team to provide support on the US side, where the media giant also consulted local firm Nixon Hargrave Devans & Doyle.
Clifford Chance acted for Newsquest in the UK. Corporate partner Daniel Kossoff, who leads Clifford Chance's six-strong team, says: "We acted for [private equity group] KKR when Newsquest was formed, when it acquired Regional Newspapers from Reed Elsevier, and since then we've acted for Newsquest on its flotation and its purchase of Westminster Press."
Simpson Thacher & Bartlett advised Newsquest on US matters. London corporate partner Gregory Conway led the team, with assistance from New York partner Casey Cogut.