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.
Schroders has identified international reach as a fundamental requirement for firms pitching for its first global panel - a move that could have wide implications for some of its traditional advisers. The pitch document states that only firms which Schroders considers able to provide global reach will be selected to attend the formal presentation stage. It also asks firms to provide a brief description of their representation in more than 20 countries - not just major legal centres, but also regions such as Argentina, Indonesia, and the Cayman Islands.
Slaughter and May and Allen & Overy are both key advisers to the investment house, with a number of firms advising on smaller work.
Firms without a global reach may still get a small role. There is a supplemental pitch process that allows business unit heads to nominate firms with which they have close relationships for work in a particular niche or region.
The shake-up of legal advisers for the investment house, comes after the appointment of former Barclays head of legal Howard Trust.