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.
Simmons & Simmons has managed to squeeze more than £1m out of the Ministry of Defence (MoD) after being ditched from the panel at the start of 2006.
Figures gained by The Lawyer through the Freedom of Information Act show that the firm has racked up a £1.07m bill for advising the MoD on its new £16bn training programme.
The figures also show that Freshfields Bruckhaus Deringer raked in almost £1.7m in fees from the MoD project, bringing the total legal bill to more than £2.7m.
The MoD has outsourced the project, called the Defence Training Review (DTR), to a joint venture consortium led by QinetiQ and Land Securities Trillium, advised by Herbert Smith. The DTR is one of the UK's largest-ever PFI deals.
Simmons was instructed when the project was in its initial phases in 2005, before the firm was excluded from the panel.
Juliet Reingold and David Nelligan are the main Simmons partners involved in the deal.
Nelligan said: "We won the deal while on the panel and continue to advise the MoD on it despite not being on the panel. We'll continue to work on it until financial close."
Before Simmons was dumped from the panel a year ago, as the MoD's main adviser it billed more than £15m between 2002 and 2005.