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.
Aberdeen Asset Management is also thought to be a possible bidder. The group favours Dechert for UK deals, having used the US firm in 2005 for its purchase of Deutsche Asset Management. It has also used Maclay Murray & Spens and Allen & Gledhill.
Other parties involved in the sale include Henderson and Neptune Asset Management, both of which have used Slaughter and May in the past, and Gartmore, which has a panel of firms including Ashurst, Eversheds and Simmons & Simmons.
Olswang’s inclusion is a boon for the firm’s ambitious corporate group. The firm advised on New Star’s entry to the London Stock Exchange in 2007, as well as its inclusion on AIM in 2005.
New Star is thought to have lost around £2bn since the start of the year as investors ;scramble ;to withdraw their funds from the ailing asset manager.
The group confirmed that it had received a number of approaches from potential buyers.