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.
Herbert Smith and Linklaters have taken leading roles on the £3.3bn cash call by energy provider National Grid.
The gas and electricity distributor will sell 990 million shares in a two-for-five rights issue at 335 pence, offering investors a discount of 46 per cent.
A Linklaters team led by corporate partner Roger Barron acted for National Grid, with US corporate partner Tom Shropshire advised on US securities aspects.
Herbert Smith acted for underwriters Morgan Stanley, Bank of America Merrill Lynch and Deutsche Bank. Corporate partners Alex Bafi and Chris Haynes led the deal for the City firm.
The new capital raising has been crafted to fund National Grid’s investment in replacing existing gas and electricity networks as well as developing access to new energy sources. National Grid expects to invest £22bn over the next five years.