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.
Indeed A&O had a good chance at winning the deal for Apax after taking on former Ashurst global head Stephen Lloyd in December (3 December 2013). The private equity house was one Lloyd’s star clients at Ashurst. He is understood to have snared the client back in 2004 and is expected to bring it with him to his new firm.
Ashurst also maintain links with the company, with M&A partner Charlie Geffen one of those responsbile for secure the firm a panel spot with Apax back in 2006 (24 April 2006).
But Simpson Thacher has historically earned work from Apax on big ticket deals. In 2005 the firm teamed up with Danish firm Bech-Brunn to advise Danish telecoms group TDC on the biggest European leveraged buyout (LBO) of all time. TDC accepted a $10.2bn (£5.6bn) bid from Nordic Telephone Company (NTC). The firm advised the Apax-led consortium comprised of Blackstone, KKR, Permira and Providence (28 January 2008).
The firm also took on another senior associate with close ties to Apex and other key client Apax Partners and BC Partners in May 2013. Clifford Chance associate Seema Shah joined the US firm after spending a period of secondment at the company (21 May 2013).