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.
Latham & Watkins has cemented itself as the go-to firm for Russian companies listing in London, landing a key role on the world's biggest IPO this year.
The firm was lead counsel to Russia's second-largest bank, VTB, in its $8bn (£4.04bn) London listing.
Linklaters also grabbed a role, advising underwriting banks Goldman Sachs, Citigroup, Deutsche Bank and Renaissance Capital in what is the first overseas listing by a Russian bank.
Latham often works with Linklaters on Russian listings, said corporate finance partner Lene Malthasen, who led the Latham team out of London with corporate finance partner Ian Clark. At Linklaters, capital markets partner Jason Manketo led the team.
As of last week, foreign companies listing in London must promise to keep UK standards of corporate governance. These new rules "were not unduly burdensome" to the listing, according to Malthasen, "given its considerable size, the listing process went very smoothly".
Latham's role follows its work on London's first major listing of a foreign company this year, with the IPO of Russian technology group Sitronics (The Lawyer, 26 February).
Latham is VTB's go-to firm and the relationship originated with Moscow managing partner Anya Goldin, who was also responsible for the $940m (£474.64m) IPO of Russia's largest independent gas company Novatek.
VTB, which has a sizeable in-house legal team, is planning to open 180 retail branches in Russia over the next two years, on which Latham will also advise should there be any overseas elements.