The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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.
Linklaters is emerging as a frontrunner to win the mandate advising on the IPO of AIG’s Asian life assurance arm.
The magic circle firm will take part in a beauty parade to advise on the deal, which AIG hopes will raise between $5bn (£3.27bn) and $10bn through the IPO of American International Assurance (AIA) in Asia.
In February, Linklaters Hong Kong partner Chris Kelly led a team advising AIG on the sale of its consumer finance business in Asia to Ayudhya. Allen & Overy partner Suparek Auychai advised Ayudhya on the acquisition.
Linklaters declined to comment on the deal, but a source close to the firm said: “Counsel for the AIA IPO is yet to be decided. There’s a process and we expect there to be a beauty parade.”
Several firms have won instructions from AIG since it was bailed out by the US government in September 2008.
Since then the insurance company has established a global steering group comprised of AIG executives and private practice firms advising on the sale of aspects of the business.
Sullivan & Cromwell and Weil Gotshal & Manges are both part of the steering group. Weil New York partner Michael Aiello is one of the partners representing the firm on the steering group.