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.
It’s the biggest public company merger of 2013 so far, and it is making serious waves. Five firms including Latham & Watkins and French outfit Darrois Villey Maillot Brochier have won roles advising on the merger of the world’s second and third largest ad agencies. The tie up of America’s Omnicom Group and France’s Publicis Groupe will create a $35bn company, overtaking WPP as advertising’s top dog.
It’s not the first big ad agency deal in recent months. In March, firms including Linklaters and Slaughter and May closed a £3.2bn deal between agencies Dentsu and Aegis to create the Dentsu Aegis Network. Industry eyes are now turning to the advertising world’s other big players such as Havas and Interpublic in case they opt to follow suit.
The well doesn’t look set to dry up any time soon with Telefonica just last week announcing its €5bn (£4.3bn) purchase of Dutch telecoms company KPN’s German mobile unit E-Plus. Allen & Overy, CMS Hasche Sigle and McDermott Will & Emery scooped lead roles on the transaction.
Whether it’s TMT in general, or ad agencies in particular, public M&A deals look likely to be rich pickings in the coming months.