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.
Last year Freshfields Bruckhaus Deringer parted company with its longest-standing client the Bank of England (BoE). Now it seems the pair have kissed and made up.
The bank, which had been a Freshfields client since the firm was founded in 1743, distanced itself from the firm after it chose to advise beleaguered mortgage lender Northern Rock.
They were reunited last week, however, when Freshfields advised the bank on its £50bn mortgage rescue plan.
Effectively, the firm, which must have clocked up a fair amount of fees with the BoE over the past 265 years, made a shedload of money advising Northern Rock as a takeover target, and is making a shedload more by helping the bank sort out the mortgage mess that began with Northern Rock.
That's a pretty nifty way of handling client relationships.