The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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 has held on to the M&A top spot, while rival corporate heavyweights Freshfields Bruckhaus Deringer and Slaughter and May went into freefall, according to the Bloomberg legal deals tables for 2002.
Linklaters adds to a three-year run of dominating the European legal advisory tables after completing a higher value of M&A deals than any other firm internationally.
A Linklaters corporate partner who is also in charge of recruitment said: "We're really chuffed to come top three years running." He did admit, though, that there was an element of luck in the ranking of any firm.
He also added that the manner in which league tables are compiled affected how well firms performed. "Mergermarket, which also publishes league tables, only includes deals valued at more than e15m," he said.
Meanwhile, Freshfields slipped from third position to ninth after working on deals worth cumulatively 62 per cent less than its 2001 tally. Slaughters worked on 25 per cent fewer deals than in 2001, which cumulatively were worth 41 per cent less.