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 is joining US firm Morgan Lewis & Bockius to advise Pearson on its deal with the Data Broadcasting Corporation (DBC).
The UK media group has merged its Financial Times (FT) asset management division with the Nasdaq-listed company in a bid to strengthen its online presence.
The reverse takeover will give Pearson a 60 per cent share valued at over £400m. It will also bring together the FT's site FT.com with CBS's Marketwatch.com.
DBC is represented by New York practice Camly Karlinsky & Stein. Philip Hoffman, Pearson's US president, says: "I have never worked with them before but it is [DBC's] normal counsel and they were actually quite good."
Herbert Smith, which is advising on English aspects of the deal, declines to comment.
German postal service Deutsche Post's £830m takeover of US freight group Air Express International (AEI) has been handled by US firms.