The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Two US firms have won the lead roles on the $1.2bn sale of German music giant Bertelsmann’s 50 per cent interest in Sony BMG to Sony.
Davis Polk & Wardwell advised Bertelsmann with New York partner Christopher Mayer leading the firm’s team on the deal.
Sony turned to panel firm Paul Weiss Rifkind Wharton & Garrison and partner James Schwab.
Paul Weiss has been instructed by Sony on a number of deals after sitting opposite the music publishing giant on a number of deals throughout the 1990s.
Schwab told The Lawyer, “We initially developed a relationship with Sony while across the table on deals and then advising a partnership in which they were part owner. Our relationship has grown over the years and we now advise various divisions throughout the world.”
The firm advised Time Warner in 1991 organising Columbia House as a joint venture with Sony.
Last year (3 October), The Lawyer reported that the European Commission had approved Bertelsmann and Sony’s merger. Cleary Gottlieb Steen & Hamilton competition partners Nick Levy and Robbert Snelders led the firm advising Sony while Slaughter and May competition partner Philippe Chapette advised Bertelsmann.