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.
McGrigor Donald took on the role of dual adviser in this PFI deal, acting for both the consortium and the bank. This is an approach preferred by the NewSchools consortium for deals of this size, and one which is becoming increasingly common. It suits PFI transactions when only one bank is involved and if that bank does not want to syndicate post financial close.`Rather than use Chinese walls, McGrigor Donald advised both parties according to agreed principles between the bank and the consortium. Doubling up inevitably reduces due diligence costs, but also enables close communications between all parties, helping them keep to a tight timetable. The McGrigors team was led by projects partner Drysdale Graham, who advised NewSchools, and banking partner Michael Watson, who advised the Royal Bank of Scotland. `McGrigor Donald has now closed two of the four PFI deals which NewSchools has signed and is working on others that are in the pipeline.