The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Turkey had plenty of attention over the summer, and sadly not just for its sun, sea and suspiciously strong raki. Protests that initially kicked off to demonstrate against development plans in Istanbul quickly blossomed into fully-fledged pro-democracy rallies.
George Barboutis, finance partner at DLA Piper, which launched in the jurisdiction in 2010 via a tie-up with local firm Yüksel Karkın Küçük (helpfully, for Westerners, more commonly known as YKK), said the unrest “definitely affected the way the international market sees offerings”.
It was one of the few Turkish corporate bonds to receive two investment grade ratings, and the second which DLA Piper has worked on in the region in the past year. Last November, it advised the Turkish beer and soft drinks group Anadolu Efes in its inaugural investment grade note offering of $500m 3.375 per cent notes due in 2022.
It just goes to show that it takes more than a few rumblings of discontent to put off investors - no wonder Turkish lawyers are optimistic that work will keep flowing.