• July 9, 2008 |

    Commentary: H1 tables - never mind value, turn up the volume

    Barring an unlikely revival in big-ticket M&A in the second half of the year, the key deal leagues look likely to be remembered chiefly as the BHP/Rio tables, so complete is the grip of the £114bn mining merger bid on the key tables from Mergermarket.

    1 minute read

  • July 9, 2008 |

    Skadden and CC win $3.6bn News Corp roles

    Skadden Arps Slate Meagher & Flom and Clifford Chance (CC) have landed lead roles on the proposed $3.6bn (£1.8bn) sale of NDS Group by its parent company, broadcasting giant News Corp.

    1 minute read

  • July 7, 2008 |

    Ashurst breaks £1m PEP mark with 9% rise

    Ashurst has become the latest firm to break through the £1m barrier for profits per equity partner (PEP), announcing a rise of 9% on last year. The top 10 firm's PEP is up from £956,000 last year to £1.04m, with partners at the top of the lockstep set to earn £1.46m and those at the bottom £560,000.The news follows the firm's announcement in May that it had posted a 17% increase in turnover to smash through the £300m barrier.

    1 minute read

  • July 4, 2008 |

    A&O grows revenue 15% to join billion-pound club

    Allen & Overy (A&O) has become the latest firm to push through the billion-pound barrier, with the firm reporting revenues climbing to £1.01bn for 2007-08. The magic circle firm saw a 15% turnover in income, up from £887m the previous year when the firm posted a 20.5% revenue rise.Profits at the financial giant climbed by 9%, bringing the average profits per equity partner (PEP) to a total of £1.12m for the past year, a change from last year when PEP surged by 31% pushing the firm past the million-pound mark.

    1 minute read

  • July 4, 2008 |

    Linklaters PEP up 11% to £1.4m; revenue hits £1.29bn

    Linklaters has become the latest top City practice to plough through the global slowdown with the firm pushing profits per equity partner (PEP) up 11% to hit £1.441m. Revenues at the magic circle law firm also jumped by just over 15% in 2007-08 to £1.293bn, up from £1.121bn last year.The growth in PEP puts Linklaters ahead of its peer group with only arch-rival Freshfields Bruckhaus Deringer coming close at £1.439m.

    1 minute read

  • July 3, 2008 |

    Global 100: Cloning the big four

    “We did better in the first half… strong growth in emerging markets… challenging times… we’re not profiteering, honest”…

    1 minute read

  • July 3, 2008 |

    BHP/Rio role helps power Linklaters to lead four key M&A leagues in H1

    Linklaters' corporate team has put in a commanding performance in the first-half M&A rankings with the magic circle firm topping separate rankings for Europe, UK, global and Asian deals. The firm comfortably outpaced rivals in the key European M&A tables on both value and volume in the first half of 2008, with Linklaters advising on 108 deals in Europe worth E229.4bn (£182bn) and 43 deals in the UK worth E198.1bn (£157bn).The rankings, provided exclusively to Legal Week by its data partner Mergermarket, show Linklaters securing the top spot for deal activity after winning a string of major bids, including advising Belgian brewer InBev on its proposed $46bn (£23.1bn) takeover of US beer giant Anheuser-Busch.

    1 minute read

  • July 3, 2008 |

    International firms win roles on $13bn BG bid

    Allen & Overy, Australia's Mallesons Stephen Jaques and New Zealand's Simpson Grierson are advising UK energy giant BG Group on its $13bn (£6.5bn) hostile takeover bid for Origin Energy, Australia's second-largest energy company. Clayton Utz is representing Origin, which has advised its shareholders to take no action on the bid.

    1 minute read

  • July 2, 2008 |

    City trio take centre stage on Barclays' £4.5bn capital raising

    Allen & Overy (A&O), Clifford Chance (CC) and Linklaters are among a raft of firms to land roles on Barclays' £4.5bn capital raising. CC has secured the lead role for Barclays, fielding a team under corporate finance partner Guy Nor-man, while a swathe of other firms are acting for investors including the Qatar Investment Authority (QIA) and Sumitomo Mitsui Banking Corporation (SMBC).

    1 minute read

  • July 2, 2008 |

    Dealmaker: Richard Papworth

    Addleshaw Goddard banking chief Richard Papworth on Morley, Manchester United and moving back to the big smoke

    1 minute read