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.
Freshfields Bruckhaus Deringer, Linklaters and Slaughter and May have taken key advisory roles on the IPO of state-owned Royal Mail, described as the largest UK privatisation for decades.
Freshfields corporate partner Tim Jones is leading for the Department for Business, Innovation & Skills (BIS) on the flotation alongside a team including pensions partner Charles Magoffin.
Slaughters corporate partner John Papanichola, an equity capital markets specialist, is advising Royal Mail alongside a team including relationship partner Jeff Triggs.
Linklaters has snatched the role advising underwriters Goldman Sachs and UBS, who were unveiled late last month as the lead banks on the listing, which is expected to take place this year valuing the business at a reported figure of up to £3bn.
BIS said the appointment of the banks was an “important step towards a sale of shares this financial year”.
Background to this deal:
Freshfields and Slaughters both advised their respective clients on the restructuring of Royal Mail in the past year, with Magoffin primarily acting for BIS and Triggs for the company. Freshfields’ relationship with BIS is largely through City partner and public sector head Sally Roe.