The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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 bank’s head of legal for Europe and worldwide, Frédéric de Brouwer, completed final negotiations with nine firms for SocGen’s global panel this week. The successful firms have been chosen for their quality, geographical coverage and price.
Although Herbert Smith and Dentons both lost their places on the global panel, there was some comfort as both firms were listed on SocGen’s UK panel. They are joined by new appointment CMS Cameron McKenna and existing adviser Watson Farley & Williams.
De Brouwer also announced a French panel, comprising new appointments for Dentons, Jones Day and Paul Hastings Janofsky & Walker alongside existing adviser DePardieu Brocas Maffei. SocGen has a prior relationship with Moquet Borde, which merged with Paul Hastings in January 2004.
The panel review began in July last year when 25 firms were asked to pitch for work. The successful few will share in SocGen’s £50m annual legal spend, although part of the motivation for the review was to cut costs.
De Brouwer told The Lawyer: “We want to rationalise legal expenditure by having a list of local firms. I think it was a fair process and the firms have been extremely cooperative.”
A number of smaller, specialist panels are yet to be finalised. These include lists of advisers in other jurisdictions as well as panels for high-yield work, securitisation, M&A, aviation and shipping finance and competition law.