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.
Proskauer Rose is set to open its London Mayfair office with former O'Melveny & Myers private equity chairman Matthew Hudson as head.
Hudson, who joined O'Melveny in 2004 as part of the firm's strategy to rebuild its private equity practice, said the office will focus on private equity and hedge fund work.
"It will be a real focus for us in London. The presence in London will allow the firm to serve its big private equity and hedge fund clients and will definitely enable Proskauer to attract new clients," Hudson explained.
Earlier this week (4 September), The Lawyer reported that the firm had merged with Paris private equity boutique SGDM.
Proskauer has been advancing its international strategy rapidly, with an office launch in São Paulo in July.
Hudson said: "The firm has been looking at a number of different locations. Launching an office is a very important move for the business. London is a key financial centre and having a presence here will be very beneficial for the firm."
Although there are no formal plans for the expansion of the London team, Hudson said he aims to have approximately 10 lawyers based in London within six months of the launch.
"We will need to take our lead from the market to decide how we build a team and which areas we should be focusing on," Hudson said.
The office launch is subject to approval from the Solicitors Regulation Authority.