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.
This is Landwell's first significant deal for its accountancy parent PricewaterhouseCoopers (PwC), and it came through a personal contact with PwC's head of transaction services Paul Rawlinson.
It was a significant acquisition for his group as Coba is a company that specialises in providing strategic advice and commercial due diligence to private equity clients. It will combine with PwC's existing practice to form a new strategy group of more than 50 consultants.
Rawlinson went to PwC and said that he would like to use Landwell instead of the company's preferred firms, which include Barlow Lyde & Gilbert and Herbert Smith.
PwC makes very few acquisitions so the significance of this deal to Landwell is not so much the fact that PwC instructed it, but that it had a chance to make contact with the individuals in Coba. It will now try to get involved very early on in deals when companies are considering acquisitions. It is hoped that this will give them an advantage when pitching against rival law firms for future business.