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.
Orrick Herrington & Sutcliffe and Perkins Coie have scooped roles on Microsoft’s acquisition of corporate social networking operator Yammer for $1.2bn, making it one of the company’s biggest acquisitions in recent years.
Seattle-based Perkins Coie was retained by Microsoft, with partners Stewart Landefeld and Andrew Moore leading the team.
Orrick has acted as long-standing counsel to Yammer. On this occasion, corporate partners Richard Smith and Daniel Friedland advised Yammer.
Microsoft’s global head of M&A Marc Brown and associate general counsel Keith Dolliver led Microsoft’s in-house legal team. Both lawyers are believed to have been involved in Microsoft’s last major acquisition in May 2011, when it acquired Skype Global for $8.5bn (£5.2bn) (10 May 2011).
Perkins has acted for Microsoft in the past, including its $70m acquisition of Israeli video start-up VideoSurf. However, it has also acted on the other side from the corporate giant on a number of transactions, including in 2007 when it acted as lead counsel to aQuantive as Microsoft acquired the advertising network for approximately $6bn (£3.84bn).
Microsoft was one of just 20 companies profiled in this year’s The Lawyer Transatlantic Elite, alongside other technology companies such as IBM, Facebook, Google and Apple. It is available here.