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.
US firm Sullivan & Cromwell got the call to represent French bank Societe Generale only eight days before its merger with Paribas went ahead, the lawyer who headed the deal reveals. Pierre Servan-Schreiber, partner at the Paris office, says that the firm's size was one of three deciding factors in its selection. "SocGen needed a firm that could do everything that needed to be done in eight days, which needs certain logistical requirements," says Servan-Schreiber, who admits that he has missed out on his full quota of beauty sleep in recent weeks. He is unlikely to be able to catch up on his rest in the immediate future - as Banque Nationale de Paris this week crashed the SocGen wedding party and announced a hostile takeover bid for the new couple which, if successful, would create the world's first $1 trillion bank. Sullivans' US origins helped towards winning it the work because both SocGen and Paribas are defendants in the holocaust law suits taking place in the US. Lastly, the merger included aspects of anti-trust legislation, in which Sullivans specialises.