The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Herbert Smith has got its first break into private equity with an instruction from Kohlberg Kravis Roberts (KKR) on the Safeway battle
Anthony Macaulay, who led for Carnival on the hostile P&O Princess bid, is now advising the US giant. Herbert Smith is close to KKRs financial adviser Credit Suisse First Boston (CSFB), which swapped sides last week, abandoning former client Safeway to join the KKR team. The firm made it on to CSFBs global panel for the first time last year. KKRs main legal adviser Simpson Thacher & Bartlett could not handle a competitive UK public offer alone, and several top UK law firms are already involved on the deal. Slaughter and May and Linklaters are advising rival bidders; Clifford Chance is working for long-term client Safeway and Allen & Overy is advising Morrisons financial advisers ABN Amro. An instruction from KKR is a major boost for Herbert Smiths private equity push. KKR has confirmed its interest, but has yet to announce a formal bid.