Simpson Thacher & Bartlett
International Top 30 position: 22
Overview
Briefings & More
While Simpson Thacher & Bartlett's 2012 financial results have not been released at the time of writing, the US firm's role on a number of headline deals last year point to a stellar 12 months.
One such deal saw the firm snap up roles advising on the Carlyle Group’s acquisition of Getty Images from US private equity rival Hellman & Friedman in August 2012. Simpson Thacher advised both Getty Images and Hellman & Friedman, with the team including Palo Alto partners Chad Skinner (corporate), Katharine Moir (tax),Tristan Brown (employee benefits), Bill Brentani (credit) and New York credit partner Brian Steinhardt.
Meanwhile, 2012 broke all records for mentions of the acronym ‘IPO’ in Facebook statuses after the social media giant finally filed documents for its long-awaited stock exchange debut. Simpson Thacher acted for the underwriters, which included Morgan Stanley as lead bank, JPMorgan in second position and Goldman Sachs in third, with Bank of America Merrill Lynch, Barclays Capital and Allen & Company also on the roster.
London revenue in 2011 stood at $55.60m, an increase of five per cent on the previous year.
News from The Lawyer
Clifford Chance and Simpson Thacher share KKR job on UK water buy
Hogan Lovells and Simpson Thacher bite into record $17bn Apple bond
US duo lead on $586m sale of stake in China's Twitter-like Weibo
Clifford Chance private equity chief Walker quits for Latham's City base
Simpson Thacher puts corporate partner into chairman seat
Briefings from Simpson Thacher & Bartlett
Basel oversight committee endorses revised liquidity standards
On 6 January, the Group of Central Bank Governors and Heads of Supervision, the oversight body for the Basel Committee on Bank Supervision, endorsed a revised formulation of the new minimum liquidity standard.
New regulatory framework for foreign banks with US operations
On 14 December 2012, the Federal Reserve Board issued a notice of proposed rulemaking to apply enhanced prudential standards and an early remediation framework to foreign banking organizations (FBOs) with $50 billion or more in total global consolidated assets.
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Overview
CityPoint1 Ropemaker Street
London
EC2Y 9HU
UK
Global turnover 2011: $963.5m
Global lawyers: 820

