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.
Royal Bank of Scotland (RBS) has at long last concluded its convoluted panel review.
The Lawyer understands that Addleshaw Goddard has been appointed onto the RBS general advisory panel for the first time. However, Slaughter and May, which has historically advised the bank on its own account work dropped out of the tender process at a very early stage due to conflicts.
Shearman & Sterling, which pitched for a place on the panel covering deals of £100m and over, also missed out. A well placed source told The Lawyer that the firm was most likely to have been ruled out because it was not prepared to offer a sufficient discount on fees.
Meanwhile, Denton Wilde Sapte is understood to have won places on all of the bank’s panels.
An RBS spokesman said in a prepared statement: “We have now completed a very thorough review of the group’s legal panel. We are confident that we have a high quality panel that is well placed to meet the wide-ranging needs of a business as complex as RBS.”
The new panels came into force on 3 November and will operate for three years.