The Big Four's Expanded Services Rock the Global Legal Landscape

Total Page:16

File Type:pdf, Size:1020Kb

The Big Four's Expanded Services Rock the Global Legal Landscape Innovation & Disruption: The Big Four’s Expanded Services Rock the Global Legal Landscape & What Can Europe Expect GUEST SPEAKER PRESENTATION | 13:45 – 15:00 Speaker: James Willer, Senior Analyst, Legal Department, Litigation, ALM Intelligence Innovation & Disruption: The Big Four’s Expanded Services Rock the Global Legal Landscape & What Can Europe Expect James Willer, Senior Analyst, ALM Legal Intelligence +447585663155 | [email protected] Deloitte becomes last of Big Four to get UK ABS PwC Law UK reports Thompson KPMG invests in license for legal services 13% y-o-y revenue grown London corporate estimates Big 4 practice EY acquires UK based legal revenues to Deloitte signs alliance with ASP, Riverview Law be $1.2b Berry Appleman & Leiden KPMG announces EY, KPMG and PwC creates EY makes corporate and energy plays to double Deloitte expand US law firm focused lateral hires in Hong global legal team Asia teams Kong, Beijing and Shanghai Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2017 2018 2019 PwC signs KPMG alliance w/ launches PwC expands flexible Deloitte, PwC, and EY launches Fragomen in-house PwC launches flexible lawyering service foreign law practices in Singapore lawyering service consulting arm internationally KPMG hires 130 lawyers PwC makes invests in Singapore Actricas report finds Big from leading based competition practice Four as most well French firm KPMG makes known ASP brands prominent lateral hire KPMG reports in Australia PwC hires two prominent corporate 30% growth in Deloitte expands Singapore and partners in Hong from leading global firms legal services Hong Kong corporate teams revenue Deloitte becomes last of Big Four to get UK ABS PwC Law UK reports Thompson KPMG invests in license for legal services 13% y-o-y revenue grown London corporate estimates Big 4 practice EY acquires UK based legal revenues to Deloitte signs alliance with ASP, Riverview Law be $1.2b Berry Appleman & Leiden KPMG announces EY, KPMG and PwC creates EY makes corporate and energy plays to double Deloitte expand US law firm focused lateral hires in Hong global legal team Asia teams Kong, Beijing and Shanghai Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2017 2018 2019 PwC signs KPMG alliance w/ launches PwC expands flexible Deloitte, PwC, and EY launches Fragomen in-house PwC launches flexible lawyering service foreign law practices in Singapore lawyering service consulting arm internationally KPMG hires 130 lawyers PwC makes invests in Singapore Actricas report finds Big from leading based competition practice Four as most well French firm KPMG makes known ASP brands prominent lateral hire KPMG reports in Australia PwC hires two prominent corporate 30% growth in Deloitte expands Singapore and partners in Hong from leading global firms legal services Hong Kong corporate teams revenue Deloitte becomes last of Big Four to get UK ABS PwC Law UK reports Thompson KPMG invests in license for legal services 13% y-o-y revenue grown London corporate estimates Big 4 practice EY acquires UK based legal revenues to Deloitte signs alliance with ASP, Riverview Law be $1.2b Berry Appleman & Leiden KPMG announces EY, KPMG and PwC creates EY makes corporate and energy plays to double Deloitte expand US law firm focused lateral hires in Hong global legal team Asia teams Kong, Beijing and Shanghai Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2017 2018 2019 PwC signs KPMG alliance w/ launches PwC expands flexible Deloitte, PwC, and EY launches Fragomen in-house PwC launches flexible lawyering service foreign law practices in Singapore lawyering service consulting arm internationally KPMG hires 130 lawyers PwC makes invests in Singapore Actricas report finds Big from leading based competition practice Four as most well French firm KPMG makes known ASP brands prominent lateral hire KPMG reports in Australia PwC hires two prominent corporate 30% growth in Deloitte expands Singapore and partners in Hong from leading global firms legal services Hong Kong corporate teams revenue Deloitte becomes last of Big Four to get UK ABS PwC Law UK reports Thompson KPMG invests in license for legal services 13% y-o-y revenue grown London corporate estimates Big 4 practice EY acquires UK based legal revenues to Deloitte signs alliance with ASP, Riverview Law be $1.2b Berry Appleman & Leiden KPMG announces EY, KPMG and PwC creates EY makes corporate and energy plays to double Deloitte expand US law firm focused lateral hires in Hong global legal team Asia teams Kong, Beijing and Shanghai Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2017 2018 2019 PwC signs KPMG alliance w/ launches PwC expands flexible Deloitte, PwC, and EY launches Fragomen in-house PwC launches flexible lawyering service foreign law practices in Singapore lawyering service consulting arm internationally KPMG hires 130 lawyers PwC makes invests in Singapore Actricas report finds Big from leading based competition practice Four as most well French firm KPMG makes known ASP brands prominent lateral hire KPMG reports in Australia PwC hires two prominent corporate 30% growth in Deloitte expands Singapore and partners in Hong from leading global firms legal services Hong Kong corporate teams revenue Deloitte becomes last of Big Four to get UK ABS PwC Law UK reports Thompson KPMG invests in license for legal services 13% y-o-y revenue grown London corporate estimates Big 4 practice EY acquires UK based legal revenues to Deloitte signs alliance with ASP, Riverview Law be $1.2b Berry Appleman & Leiden KPMG announces EY, KPMG and PwC creates EY makes corporate and energy plays to double Deloitte expand US law firm focused lateral hires in Hong global legal team Asia teams Kong, Beijing and Shanghai Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2017 2018 2019 PwC signs KPMG alliance w/ launches PwC expands flexible Deloitte, PwC, and EY launches Fragomen in-house PwC launches flexible lawyering service foreign law practices in Singapore lawyering service consulting arm internationally KPMG hires 130 lawyers PwC makes invests in Singapore Actricas report finds Big from leading based competition practice Four as most well French firm KPMG makes known ASP brands prominent lateral hire KPMG reports in Australia PwC hires two prominent corporate 30% growth in Deloitte expands Singapore and partners in Hong from leading global firms legal services Hong Kong corporate teams revenue Deloitte becomes last of Big Four to get UK ABS PwC Law UK reports Thompson KPMG invests in license for legal services 13% y-o-y revenue grown London corporate estimates Big 4 practice EY acquires UK based legal revenues to Deloitte signs alliance with ASP, Riverview Law be $1.2b Berry Appleman & Leiden KPMG announces EY, KPMG and PwC creates EY makes corporate and energy plays to double Deloitte expand US law firm focused lateral hires in Hong global legal team Asia teams Kong, Beijing and Shanghai Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2017 2018 2019 PwC signs KPMG alliance w/ launches PwC expands flexible Deloitte, PwC, and EY launches Fragomen in-house PwC launches flexible lawyering service foreign law practices in Singapore lawyering service consulting arm internationally KPMG hires 130 lawyers PwC makes invests in Singapore Actricas report finds Big from leading based competition practice Four as most well French firm KPMG makes known ASP brands prominent lateral hire KPMG reports in Australia PwC hires two prominent corporate 30% growth in Deloitte expands Singapore and partners in Hong from leading global firms legal services Hong Kong corporate teams revenue Deloitte becomes last of Big Four to get UK ABS PwC Law UK reports Thompson KPMG invests in license for legal services 13% y-o-y revenue grown London corporate estimates Big 4 practice EY acquires UK based legal revenues to Deloitte signs alliance with ASP, Riverview Law be $1.2b Berry Appleman & Leiden KPMG announces EY, KPMG and PwC creates EY makes corporate and energy plays to double Deloitte expand US law firm focused lateral hires in Hong global legal team Asia teams Kong, Beijing and Shanghai Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2017 2018 2019 PwC signs KPMG alliance w/ launches PwC expands flexible Deloitte, PwC, and EY launches Fragomen in-house PwC launches flexible lawyering service foreign law practices in Singapore lawyering service consulting arm internationally KPMG hires 130 lawyers PwC makes invests in Singapore Actricas report finds Big from leading based competition practice Four as most well French firm KPMG makes known ASP brands prominent lateral hire KPMG reports in Australia PwC hires two prominent corporate 30% growth in Deloitte expands Singapore and partners in Hong from leading global firms legal services Hong Kong corporate teams revenue Discussion Topics 1. Current State: The Big Four’s legal arms in 2019 2. The Future: The Big Four’s strategy for expansion in the legal market 3. The Bigger Picture: How the Big Four fit into broader legal market trends 4. Questions & Answers The Current State The Big Four’s Legal Arms in 2019 The Big Four’s legal arms are significantly larger than most law firms and law departments appreciate Global law firms vs. legal arms of Big Four accounting firms Top 10 largest law firms by number of lawyers vs. the legal arms of The Big Four Global Law Firm Lawyers Countries Rank Top 10 Global Law Firms Average
Recommended publications
  • The Legal Profession and the Business of Law
    The Legal Profession and the Business of Law Joanne Bagust Abstract ‘Professional Responsibility and Ethics’ is one of the ‘Priestley 11’ law subjects compulsorily undertaken by Australian law students who aspire to be admitted to practice. Many of the brightest join the major corporate law firms. Nevertheless, there is little theoretical analysis of how those firms are functioning to affect the professional and ethical conduct of their practitioners in the neoliberal state. In this article it is argued that in the mature and highly competitive marketplace for legal services, rather than working as autonomous professionals, corporate lawyers are now finding themselves working more and more as functionaries subservient to the dictates of their corporate clients. Drawing on interviews with Australian major law firm corporate lawyers and Charles Derber’s theory on the proletarianisation of professional workers, it is argued that corporate lawyers are losing key elements of their professional identity in the impetus to maintain the client list and the profit motive. Furthermore, as the balance of power in the corporate legal sector is shifting from law firms to clients, the professional ethics of law firm lawyers are at risk of being compromised as they find themselves being reduced to little more than ‘flush’ factory fodder for the major corporations. I Introduction: the Legal Profession and the Law/Business Nexus For some years now scholars have been writing about the deprofessionalisation of the legal profession, a malaise which, it is claimed, has infected the profession to the extent that ‘the noble profession’1 is ‘losing its soul’.2 Indeed, just what it means, or should mean, to be a legal professional working in corporate legal practice in Australia at the beginning of the third millennium is highly contested.
    [Show full text]
  • An Introduction to the Paris Forum on Transnational Practice for the Legal Profession Laurel S
    Penn State International Law Review Volume 18 Article 2 Number 1 Dickinson Journal of International Law 9-1-1999 An Introduction to the Paris Forum on Transnational Practice for the Legal Profession Laurel S. Terry [email protected] Follow this and additional works at: https://elibrary.law.psu.edu/psilr Part of the Transnational Law Commons Recommended Citation Laurel S. Terry, An Introduction to the Paris Forum on Transnational Practice for the Legal Profession, 18 Penn St. Int'l L. Rev. 1 (1999). This Front Matter is brought to you for free and open access by the Law Reviews and Journals at Penn State Law eLibrary. It has been accepted for inclusion in Penn State International Law Review by an authorized editor of Penn State Law eLibrary. For more information, please contact [email protected]. An Introduction to the Paris Forum on Transnational Practice for the Legal Profession Laurel S. Terry During two historic days in Paris in November of 1998, representatives from around the world joined together to discuss the transnational practice of law. The Paris Forum on Trans- nationalPractice for the Legal Profession is historic because it was the first meeting of multiple bar associations devoted entirely to a discussion of the transnational practice of law. Before the Paris Forum, some bar organizations had set aside time during their meetings to discuss the transnational practice of law and transnationallegal services had been included as a topic in general conferences that were not limited to legal services or legal topics. The Paris Forum, however, was the first meeting of lawyers from around the world devoted solely to this topic.
    [Show full text]
  • 2. the Market for Legal Services in India 15 Regulatory Restrictions on India’S Legal Services Sector 17
    ECONOMIC IMPACT ANAL YSIS A BALANCING ACT Cost-Benefit Analysis of Reforming India’s Legal Services Market May 2016 i A BALANCING ACT: Cost-Benefit Analysis of Reforming India’s Legal Services Market (May 2016) Disclaimer: This report is a result of analysis conducted by Nathan Associates. The authors grant to all users a license to copy, use and distribute the results of the report publicly for any reasonable non- commercial purpose, subject to proper attribution of authorship and ownership of the rights. ii Contents Summary 1 Introduction 3 1. The Global Market for Legal Services 5 Trends in the Global Market 5 Market Concentration 6 Lessons for India from International Experience 8 2. The Market for Legal Services in India 15 Regulatory Restrictions on India’s Legal Services Sector 17 3. A Cost-Benefit Analysis of Reforms 25 Framework of the Study 25 Approach 25 Data Collection 26 Results of Business Survey 28 Results of Legal Service Providers Survey 34 4. Conclusions and Recommendations 41 Relaxing Regulatory Restrictions 42 Introducing Changes in the Governance of the Sector 43 Strengthening Capacity of the Sector 43 Annexure A: Cross-Country Studies 45 The Legal Services Sector in the United Kingdom (UK) 45 The Legal Services Sector in China 52 The Legal Services Sector in Australia 56 The Legal Services Sector in Singapore 60 The Legal Services Sector in Israel 65 The Legal Services Sector in Malaysia 70 The Legal Services Sector in Brazil 75 Annexure B: Stakeholder Survey Analysis 81 Annexure C: Business Enterprise and Law Firm
    [Show full text]
  • An-Introduction-To-Clerkships-2018
    1 ACKNOWLEDGEMENTS Many thanks to all those who made possible the production and publication of the Introduction to Clerkships Handbook. We would like to thank Sydney Law School, the University of Sydney and SULS and its publications. EDITORS Rebecca Elder – Vice President (Careers) 2018 Aleksandra Pasternacki – Publications Director 2018 CONTRIBUTORS Tiffany Wu – Vice President (Careers) 2017 Evangeline Woodforde – Vice President (Careers) 2016 Millie Dale – Vice President (Careers) 2015 James Kwong – Vice President (Careers) 2014 Alistair Stephenson – Vice President (Careers) 2013 Ian Mack, Niamh Mooney & Melanie Brown – Initial contributors, 2013 Introduction to Clerkships Handbook DESIGN Christina Zhang – Design Officer 2018 COPYRIGHT & DISCLAIMER © Sydney University Law Society This publication is copyrighted. Except where permitted under the Copyright Act 1968 (Cth), no part of this publication may be reproduced or stored by any process, electronic or otherwise, without the specific written permission of the Sydney University Law Society. The views and opinions expressed in this publication do not necessarily represent those of the Sydney University Law Society or Sydney Law School. Although the Editors have taken every care in preparing and writing the Handbook, they expressly disclaim and accept no liability for any errors, omissions, misuse or misunderstandings on the part of any person who uses or relies upon it. The Editors and Sydney University Law Society accept no responsibility for any damage, injury or loss occasioned to any person or entity, whether law students or otherwise, as a result of a person relying, wholly or in part, on any material included, omitted or implied in this publication. The user of this Handbook acknowledges that he or she will take responsibility for his or her actions and will under no circumstances hold the Editors or Sydney University Law Society responsible for any damage resulting to the user or anyone else from use of this publication.
    [Show full text]
  • ASIA-PACIFIC Law Firm Review 2013
    GLOBAL CORPORATE SERVICES ASIA-PACIFIC Law Firm Review 2013 LAW FIRM SURVEY Page 5 REVIEW OF KEY ASIA- PACIFIC LEGAL SECTOR MARKETS Page 9 - 15 CONTENTS 3 Executive summary 4 INTRODUCTION 5 LAW FIRM SURVEY 9 BEIJING 10 SHANGHAI 11 HONG KONG 12 KUALA LUMPUR 13 SEOUL 14 SINGAPORE 15 SYDNEY EXECUTIVE SUMMARY International law firms are reacting to market opportunities and changing regulatory environments to expand their presence in the Asia Pacific region. Proximity to clients is the most important consideration for firms when opening offices and determining office location, although prestigious offices are considered important for establishing and maintaining the brand. China, Korea and Singapore are markets that are seeing significant numbers of new law firms arrive due to changes in regulation, economic activity and new trade agreements allowing foreign law firms greater access to the market. Law firms continue to adopt predominantly enclosed office layouts. Although firms are increasingly cost conscious and new ways of working have been considered, this is unlikely to change the approach of mainstream firms dramatically. A number of trail blazers are embracing more progressive workplace requirements that address the growing importance of ‘soft’ assets—flexibility (remote working), technology in enhancing productivity and employee performance. With pressure on profitability and operational costs, law firms are increasingly focused on containing real estate spend whilst reviewing accommodation requirements. ASIA-PACIFIC Law Firm Review INTRODUCTION With Asia Pacific continuing to be the Additionally, as with any international law firm growth engine of the world economy, it is no who may be looking to expatriate lawyers into surprise that many international law firms are a new market, we have included details of enlarging their footprints across the region.
    [Show full text]
  • Careers Guide Acknowledgements
    THE 2015 SYDNEY UNIVERSITY LAW SOCIETY Careers Guide Acknowledgements Many thanks to all those who made possible the production and publication GOLD SPONSORS of the 2015 Sydney University Law Society Careers Guide. Allen & Overy Ashurst We would like to thank the Sydney Law Henry Davis York School and the University of Sydney Union Minter Ellison for their continued support of SULS and its publications. CORPORATE SULS EXECUTIVE SPONSORS ANU Legal Workshop Millie Dale (Vice President, Careers) Arnold Bloch Leibler Remona Zheng (Vice President, Social A.T. Kearney Justice) The Boston Consulting Group Matthew Green (Sponsorship Director) College of Law Nick Gowland (Publications Director) Corrs Chambers Westgarth Kate Reagh (International Ofcer) Deloitte DLA Piper Gadens CAREERS GUIDE Goldman Sachs TEAM Johnson Winter & Slattery Jones Day K&L Gates Judy Zhu (Editor-in-Chief) Lander & Rogers Buwaneka Arachchi Linklaters Henry McCoy Maddocks Carly McKenna McKinsey & Company Tanya Mokha Norton Rose Fulbright Danny Noonan PwC Alexandra Roach Sparke Helmore Eric Van Winssen Thomson Geer TurksLegal UBS DESIGN & LAY-UP Judy Zhu COPYRIGHT & DISCLAIMER SULS © Sydney University Law Society 2015. SUBCOMMITTEES This publication is copyright. Except where permitted under the Copyright Act 1968 (Cth), Publications and Design Subcommittee no part of this publication may be reproduced or (Florence Fermanis and Evan Tutton) stored by any process, electronic or otherwise, International Subcommittee without the specific written permission of the Sydney University Law Society. PRINTING The views and opinions expressed in this publi- cation do not necessarily represent those of the Sydney University Law Society or Sydney Law Kopystop Pty Ltd School. Although the Editors have taken every care in preparing and writing the Handbook, they expressly disclaim and accept no liability PLATINUM for any errors, omissions, misuse or misunder- standings on the part of any person who uses or SPONSORS relies upon it.
    [Show full text]
  • An Introduction to Clerkships 2016
    An Introduction to Clerkships 2016 l 1 ACKNOWLEDGEMENTS Many thanks to all those who made possible the production and publication of the Introduction to Clerkships Handbook. We would like to thank the Sydney Law School and the University of Sydney Union for their continued support of SULS and its publications. EDITOR Evangeline Woodforde – Vice President (Careers) 2016 CONTRIBUTORS Millie Dale – Vice President (Careers) 2015 James Kwong – Vice President (Careers) 2014 Alistair Stephenson – Vice President (Careers) 2013 Ian Mack, Niamh Mooney & Melanie Brown – Initial contributors, 2013 Introduction to Clerkships Handbook DESIGN Alison Xiao PRINTING Kopystop COPYRIGHT & DISCLAIMER © Sydney University Law Society. This publication is copyright. Except where permitted under the Copyright Act 1968 (Cth), no part of this publication may be reproduced or stored by any process, electronic or otherwise, without the specific writ- ten permission of the Sydney University Law Society. The views and opinions expressed in this publication do not necessarily represent those of the Sydney University Law Society or Sydney Law School. Although the Editors have taken every care in preparing and writing the Handbook, they expressly disclaim and accept no liability for any errors, omissions, misuse or misunderstandings on the part of any person who uses or relies upon it. The Editors and Sydney University Law Society accept no responsibility for any dam- age, injury or loss occasioned to any person or entity, whether law students or otherwise, as a result of a person relying, wholly or in part, on any material included, omitted or implied in this publication. The user of this Handbook acknowledges that he or she will take responsibility for his or her actions and will under no circumstances hold the Editors or Sydney University Law Society responsible for any damage 2resulting l An Introduction to the user or toanyone Clerkships else from 2016 use of this publication.
    [Show full text]
  • Careers Guide
    CAREERS GUIDE THE 2016 EDITION SYDNEY UNIVERSITY LAW SOCIETY Enormous thanks to all those who made this production and publication of the 2016 Sydney University Law Society Careers Guide possible. We would like to thank the Sydney Law School and the University of Sydney Union for their continued support of SULS and its publications. SULS EXECUTIVE GOLD SPONSORS Evangeline Woodforde (Vice President, Careers) Allen & Overy Spencer Land (Sponsorships Director) Allens Kieran Hoyle (Publications Director) Ashurst Eric Van Winssen (International Officer) Baker & McKenzie Alison Xiao (Design Director) Corrs Chambers Westgarth Henry Davis York CAREERS GUIDE TEAM MinterEllison William Khun (Editor-in-Chief) CORPORATE SPONSORS Nicola Borton Angela Cartwright Arnold Bloch Leibler Aria Kim A.T. Kearney Nikita Malhotra Bain & Co Longen Lan The Boston Consulting Group Vivian Wei College of Law DLA Piper DESIGN Gadens Johnson Winter & Slattery Judy Zhu K&L Gates Lander & Rogers SULS SUBCOMMITTEES Maddocks Norton Rose Fulbright International Subcommittee PwC Thomson Geer PRINTING TurksLegal UTS Faculty of Law Megacolour PLATINUM SPONSORS Clayton Utz Gilbert + Tobin Herbert Smith Freehills King & Wood Mallesons COPYRIGHT & DISCLAIMER © Sydney University Law Society 2016 This publication is copyright. Except where permitted under the Copyright Act 1968 (Cth), no part of this publication may be reproduced or stored by any process, electronic or otherwise, without the specific written permission of the Sydney University Law Society. The cover photo was taken by Maksym Kozlenko, sourced under a Creative Commons license (CC BY-SA 3.0, commons.wikimedia.org/w/index. php?curid=47252349). The text of the Creative Commons license is available at creativecommons.org.
    [Show full text]
  • Looting with Putin
    00 SPECIAL REPORT 1 LOOTING WITH PUTIN of the professional advisers as they pursued fees from yet more corporate fi nance deals, highly sought-after tax advice and other consultancy services to westernise the ex-Soviet corporations. Not long after the Big Six accountants had moved into Russia, they were checking the numbers on most of its large companies. After the fall of Arthur Andersen and the merger of Price Waterhouse with Coopers & Lybrand, the Big Six became the Big Four, who now How City of London suits joined the Moscow gold rush count the beans in 85 percent of large, ex- Soviet companies. Special Report by Richard Brooks Allowing the big western fi rms to audit Russian companies was presented as an In the wake of the Salisbury nerve agent these global fi rms, a region suddenly thrown essential safeguard against abuse. As former attack, MPs investigating how Russian open to capitalism was another lucrative banker Tom Keatinge, director of the Royal opportunity. And what an opportunity it was. United Services Institute (RUSI), told the Eye, president Vladimir Putin and allies First, there was the chance to help create the in “frontier markets… the accountancy fi rms have been “hiding and laundering their new economic order – with hundreds of lent large credibility to clients”. But the times corrupt assets in London” concluded it millions of dollars available from the US they found anything untoward were vanishingly government to advise on setting up the fi rst rare. was still “business as usual”. wave of privatisations and other “modernising” Given the boast that London’s pre- measures, such as the markets on which the Siphoning of funds eminence as a fi nancial centre is based new privately-held shares would be traded.
    [Show full text]
  • Professional Services Networks 1986-2007
    NEW Locate Law Network Feature Members in 196 Countries Stephen J. McGarry The Handbook Law Firm Networks Stephen J. McGarry President: AILFN HG.org Founder: Lex Mundi World Services Group Locatelawnetworks.com © Copyright 2017 All Rights Reserved ii Dedication This book is dedicated to the hundreds of thousands of professionals who work at firms that are members of a professional services network. As a result of the efforts of the founders, officers, directors, committee chairs, and individual professionals, clients now receive the highest quality and most cost-effective professional services in the world through independent firms. This book is also dedicated to the staff at each of the more than 170 law firm networks whose members have cumulative annual revenues of more than $120 billion U.S. dollars and represent virtually every significant business on earth. I would like to thank everyone with whom I have had the personal opportunity to collaborate in creating and building world-class network organizations, including Lex Mundi, World Services Group (WSG), and the Association of International of Law Firm Networks (AILFN). Stephen J. McGarry About the Sponsor AILFN is a new trade association owned by law firm networks that represents their common interests. AILFN has four purposes: (1) enhance the position and recognition of all networks in the legal market; (2) establish common principles to maintain standards of quality; (3) provide a forum for networks to exchange non-confidential information; and (4) negotiate agreements with vendors that can increase the efficiency and effectiveness of networks and their members. AILFN will have network members whose members have more than 200,000 attorneys in 5,000-plus offices and who cumulatively bill between more than $100 billion U.S.
    [Show full text]
  • Deal Drivers EMEA
    The comprehensive review of mergers and acquisitions in the EMEA region FY 2019 Deal Drivers EMEA mergermarket.com WIN MORE MANDATES DatasiteOne Marketing is the first solution focused on optimizing and automating the LEARN early stage M&A asset marketing process. MORE > EMEA +44 20 3031 6300 UK&I +44 20 3031 6300 Germany +49 69 244 321 450 France +33 1 4006 1313 [email protected] #DatasiteOne merrillcorp.com ©Merrill Communications LLC. All rights reserved. All trademarks are property of their respective owners. Mergermarket Deal Drivers EMEA FY 2019 3 Contents Contents The comprehensive Foreword 04 Consumer 36 EMEA Heat Chart 05 Telecoms, Media & Technology 42 review of mergers All Sectors 06 Transportation 48 and acquisitions in Financial Services 18 Pharma, Medical & Biotech 54 the EMEA region Industrials & Chemicals 24 The Middle East & North Africa 60 throughout 2019. Energy, Mining & Utilities 30 About Merrill Corporation 67 mergermarket.com Mergermarket Deal Drivers EMEA FY 2019 4 Foreword Foreword Welcome to the full-year 2019 edition of disappointment and a reassurance. While this Deal Drivers provides readers with an in-depth Deal Drivers EMEA, published by Mergermarket annual figure represented a 6.4% fall in volume review of EMEA-based M&A during 2019 using in association with Merrill DatasiteOne. This and a 16% drop in value on 2018’s annual total, sector-specific and geographical data – all report provides an extensive review of M&A some sense of reassurance can be derived filtered through the expert lens of Mergermarket activity across Europe, the Middle East and North from the fact that dealmaking activity has not journalists.
    [Show full text]
  • Careers Guide
    CAREERS GUIDE THE 2016 EDITION SYDNEY UNIVERSITY LAW SOCIETY Enormous thanks to all those who made this production and publication of the 2016 Sydney University Law Society Careers Guide possible. We would like to thank the Sydney Law School and the University of Sydney Union for their continued support of SULS and its publications. SULS EXECUTIVE GOLD SPONSORS Evangeline Woodforde (Vice President, Careers) Allen & Overy Spencer Land (Sponsorships Director) Allens Kieran Hoyle (Publications Director) Ashurst Eric Van Winssen (International Officer) Baker & McKenzie Alison Xiao (Design Director) Corrs Chambers Westgarth Henry Davis York CAREERS GUIDE TEAM MinterEllison William Khun (Editor-in-Chief) CORPORATE SPONSORS Nicola Borton Angela Cartwright Arnold Bloch Leibler Aria Kim A.T. Kearney Nikita Malhotra Bain & Co Longen Lan The Boston Consulting Group Vivian Wei College of Law DLA Piper DESIGN Gadens Johnson Winter & Slattery Judy Zhu K&L Gates Lander & Rogers SULS SUBCOMMITTEES Maddocks Norton Rose Fulbright International Subcommittee PwC Thomson Geer PRINTING TurksLegal UTS Faculty of Law Megacolour PLATINUM SPONSORS Clayton Utz Gilbert + Tobin Herbert Smith Freehills King & Wood Mallesons COPYRIGHT & DISCLAIMER © Sydney University Law Society 2016 This publication is copyright. Except where permitted under the Copyright Act 1968 (Cth), no part of this publication may be reproduced or stored by any process, electronic or otherwise, without the specific written permission of the Sydney University Law Society. The cover photo was taken by Maksym Kozlenko, sourced under a Creative Commons license (CC BY-SA 3.0, commons.wikimedia.org/w/index. php?curid=47252349). The text of the Creative Commons license is available at creativecommons.org.
    [Show full text]