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.
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.