UK 200 Position: =9 <...>
UK 200 Position: =9
UK/global turnover: £48.97m/£1.03bn
Global PEP: £1.16m
UK/global RPL: £418,000/£516,000
Skadden Arps Slate Meagher & Flom’s highest-profile matter last year was its lucrative mandate to defend Arcelor, the world’s second-largest steel maker, against a hostile takeover by Mittal Steel, with the Skadden team being led by London-based corporate partner Scott Simpson. Lawyers from the firm’s London and New York offices also advised on Nasdaq’s £4.2bn informal cash bid for the London Stock Exchange. But despite these major projects the firm increased UK turnover by a modest 4.6 per cent, from £46.8m to £48.97m.