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.
Skadden Arps Slate Meagher & Flom has won its first instruction from Lehman Brothers in France on the privatisation of the French motorways.
Lehman, which has hired a number of heavy hitters to target the European equities market, conducted a beauty parade after being named joint financial adviser with Société Générale on the Société des Autoroutes Paris-Rhin-Rhône (SAPRR) privatisation.
Lehman conducted a beauty parade of four firms. Skadden’s French partner Pierre Servan-Schreiber emerged victorious, largely due to the work the US firm had done on the privatisation of the Autoroutes du Sud de la France, which floated a 49 per cent stake in March 2002.
Cleary Gottlieb Steen & Hamilton will be upset not to have received a role after its Paris office worked as issuer’s counsel on the $2.3bn (£1.28bn) Autoroutes du Sud de la France deal. Willkie Farr & Gallagher has snared that role on the forthcoming SAPRR transaction. Willkie partners Daniel Hurstel and Stéphane Sabatier are advising.
Gibson Dunn & Crutcher completes a trio of US firms working on the privatisation. Recently-recruited partner Nicolas Baverez is advising the French government on the transaction. Baverez, who specialises in the public sector, joined from boutique firm Brandford-Griffith Baverez Cotty (now Brandford-Griffith & Associés) in June, and this is the first big deal he has brought in. Like Skadden, he also worked on the privatisation of the Autoroutes du Sud de la France.