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.
German firm Hengeler Mueller retained its role acting on company law issues, including shareholder matters and the annual general meeting. Simpson Thacher was retained for strategic corporate work in the US. Shearman & Sterling will handle Linde’s US antitrust matters.
The radical move to cull its legal panel from more than 150 to just five is Linde’s attempt to deliver permanent savings on the overall cost of its legal spend. It is also aimed at establishing closer relationships with its core law firms.
Nick Deeming, the general counsel of the legacy BOC who was appointed to lead the merged legal function of both groups, told The Lawyer: “The reason we see the appointment of DLA as radical is because we have gone for just one global firm advising on all matters other than corporate.”
The approach was “key” to Linde’s broader strategic goal of delivering world-class legal services internally, added Deeming. “We will use the model to fundamentally reshape the approach to legal issues in our key markets,” he said.