Magic circle comes under siege as US law firms make it big over here
US firms are encroaching on the traditional territory of the magic circle, reporting a bumper year for deal value. According to figures published by Newsco, Linklaters & Alliance last year carried out 173 UK-based transactions valued at nearly £400bn. Freshfields and Clifford Chance are ranked second and third with deals worth nearly £265bn and £168.4bn […]