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.
This is the first major deal Herbert Smith has done for GE Capital in this sector. It was approached to do the work on the back of a burgeoning reputation for demutualisations. The firm is also acting on the £4.2bn demutualisation and flotation of Friends Provident, and on Royal London's acquisition of Scottish Life. National Mutual decided to review its mutual status and opted to look for a buyer; GE Capital was the successful bidder. The deal is subject to a vote by the members of National Mutual, to approval of the court and to regulatory consents and approvals. A member vote is expected to take place at the end of this year and a High Court hearing is expected at the beginning of 2002. The financial components involve payments by GE of £370m, plus a capital support facility of up to £200m. The offer has to be accepted by three-quarters of the membership. The National Mutual board proposes a fixed-cash payment of around £500 to each of its 160,000 members.