The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
The controversy surrounding last Friday's (7 July) pricing of Russian state-controlled oil company Rosneft has given firms a reason to pause before acting on Russian AIM listings. Cleary Gottlieb Steen & Hamilton was advising Rosneft on its London Stock Exchange listing, which is due on Wednesday (19 July). Linklaters had the more secure task of advising the underwriters, although they too have come under fire from US senators concerned that they could flaunt US anti-money laundering laws. The IPO was expected to raise around $10bn (£5.44bn), but questions remain over Rosneft's acquisition of its main assets from Yukos, with the threat of shareholder litigation remaining. One suit, led by Covington & Burling, launched arbitration action in Spain last week. The question remains as to whether this will put firms off Russian IPOS? With the lucrative mandates to be had, one suspects not.