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.
The magic circle firm landed the top spot in the rankings of legal advisers, both by the number of deals firms have worked on in the first three months of 2007, and by the value of those deals. The last rankings of 2006 saw Freshfields in pole position (see The Lawyer, 22 December), with Linklaters in second place.
Linklaters also beat Freshfields to become top adviser in China by both volume and value, acting on a total of ten deals worth $15.1bn. But Freshfields retained the top spot by value in the Asia-Pacific region as a whole (excluding Japan).
The triumvirate of Linklaters, followed by Freshfields, then Clifford Chance scored the top three places in the European tables of both volume and value. Allen & Overy (A&O) nudged into fifth place behind US firm Sullivan & Cromwell on the European table ranked by value, and dropped two places to sixth in the volume table.
Mid-market firms DLA Piper and CMS Cameron McKenna both managed to outperform A&O in the European volume table.
Globally, Sullivan scored top spot by value, followed by Davis Polk & Wardwell. Both firms are currently tied up in the £80bn exploratory talks between Barclays and ABN Amro.
Sullivan also advised private equity houses Kohlberg Kravis Roberts and Texas Pacific Group on the biggest buyout in history so far, the $44.2bn buyout of utilities group TXU in February.
Linklaters also made an appearance in the global elite, scoring third place in the global tables ranked by volume, behind Latham & Watkins and Jones Day. The magic circle firm has acted on 56 global deals so far in 2007, worth a total of $52.2bn.