A year after the U.K.’s vote to end its membership in the European Union, most firms are either hewing to existing expansion plans or making tweaks around the edges, with even the most avid crystal ball-gazers at a loss for what Brexit will mean in the long term.
Orrick Herrington & Sutcliffe LLP continues to expand its substantial international presence in the finance, technology, energy and infrastructure sectors, with 14 of its 25 offices on foreign soil and recent work in Africa advising the world’s largest energy project underway, landing the firm on Law360’s Global 20 list.
Gibson Dunn has been expanding its work in international transactions, especially in London and Asia, and its determination to bolster its offerings despite uncertainty around the Brexit vote and volatility in Asian financial markets has secured the firm’s return to Law360’s Global 20 list after a two-year absence.
With the ability to handle the most complex cross-border situations and with recent groundbreaking deals for Yum Brands and Beijing Enterprises under its belt, Mayer Brown has proven in the last year that, although it has one of the lowest office counts on Law360's Global 20 list, its reach is extensive.
Reed Smith LLP's international network of offices have coordinated to fend off bondholder attacks against BNY Mellon in the Argentina bond default litigation and to seal billions of dollars of transactions for clients in China and elsewhere, helping land the firm on Law360's Global 20 list.
Between an Asian practice ready to capitalize on the region’s growing international presence, an established European arm headlined by a deep London office and a new Sao Paolo branch poised to thrive in a top emerging market, Paul Hastings LLP easily earned a place on Law360’s Global 20 list.
In the past year Dechert LLP represented Celgene Corp. in a record-shattering life sciences licensing deal, guided billons in debt offerings by Egypt and other states and advised 18 of the 20 largest global asset managers, putting it among Law360’s Global 20 for the third time.
Cleary Gottlieb Steen & Hamilton LLP's attorneys have once against scored a spot among Law360's Global 20, displaying a commitment to internationalism with historic capital markets offerings, complex cross-border deals and a penchant for throwing their support behind sovereign nations in disputes, markets and even global soccer matchups.
K&L Gates LLP slid easily into Law360’s Global 20 list by seeing rapid growth in recently opened offices, effectively managing a rise in cross-border operations that required communication across more than a dozen offices worldwide, and growing the firm's cross-disciplinary platform.
Hot off another year of growing profits fueled by a spate of dealmaking, complex corporate financings and defense of big-name financiers including RBS from billions of dollars’ worth of arbitral claims and lawsuits, Herbert Smith Freehills LLP has made Law360’s Global 20 list for the third straight year.
Dentons has been on track for world domination over the last year and change, merging with big firms in China, the U.S., Luxembourg, Australia and Mexico, opening offices in Milan and Johannesburg, and tripling the firm's global attorney headcount — feats worthy of a spot among Law360's Global 20.
Skadden Arps Slate Meagher & Flom LLP has grabbed global headlines over the past year, guiding The Coca-Cola Co. in its $13.9 billion sale of a Keurig Green Mountain stake to JAB Holding Co. and helping Credit Agricole SA settle allegations of facilitating foreign clients' illegal transactions, to earn a spot among Law360’s Global 20.
Shearman & Sterling LLP, a 40-year stalwart in the Middle East, this past year increased its regional presence and played a key role in the establishment of the Abu Dhabi Global Market, all while handling numerous first-of-its-kind matters around the world, once again earning a spot on Law360’s Global 20 list.
Squire Patton Boggs has continued to expand its global presence, securing one of the largest firm mergers during the first half of 2016, representing a Chinese creditor as it steered U.S. bankruptcy proceedings for a $3.5 billion project to the Bahamas, and again earning a spot on Law360’s Global 20 list.
Anchored by an immense global footprint, Baker & McKenzie LLP soared to new heights over the past year, guiding deals that spanned more than 100 countries, deepening its penetration abroad through new recruits and pioneering initiatives, to land among Law360’s annual Global 20.
Hogan Lovells LLP has continued its role as an international heavy hitter in the past year by opening new offices in Australia and working with clients such as SABMiller in its $107 billion merger with Anheuser-Busch, landing the firm a sixth consecutive place among Law360’s annual Global 20.
In the past year, Norton Rose Fulbright has guided the $9 billion acquisition of Russia's largest gold producer, an Australian bank's $1.2 billion issuance of residential mortgage-backed securities and the $317 million purchase of Bristol-Myers Squibb's late-stage HIV research and development assets, earning it another spot on Law360's Global 20 list.
Freshfields Bruckhaus Deringer LLP continues to keep up its reputation as an international powerhouse, striking billions of dollars in deals and leading companies in multinational investigations from its 26 foreign offices, once against securing the Magic Circle firm a place on Law360’s Global 20 list.
White & Case LLP blazed trails in the past year as a client-driven international law firm through high-profile cross-border deals, formidable lateral hires and a strategic growth plan to increase its attorney headcount in New York and London that planted the firm near the top of Law360’s Global 20.
DLA Piper was one of the most aggressive law firms in terms of global office openings over the past year while it also handled a slew of complex cross-border deals, landing a spot among Law360’s Global 20 for the sixth consecutive year.
Allen & Overy LLP enlisted attorneys stationed around the globe to clinch another year of lucrative transactions, including helping brewing giant AB InBev fund its $100 billion-plus acquisition of SABMiller and assisting on a $27 billion, three-way merger that created the world’s largest independent Coca-Cola bottler, landing the firm atop Law360’s Global 20 for the second consecutive year.
Despite the rapid globalization of their clients, law firms haven't been as quick to spread their wings internationally, at least when it comes to combining with other firms across borders. Here, experts give Law360 three reasons why cross-border law firm mergers have been rare in recent years.
DLA Piper and Allen & Overy LLP reign over Europe with more than 1,900 attorneys each spread across the continent, eclipsing the other top firms on Law360's Global 20 with a focus on providing worldwide services out of London.
Being a corporate lawyer is a demanding enough vocation, but when your work spans the globe, you must confront an extra layer of complexity, nuance and simple inconvenience along with reaping the reward of becoming a culturally deft citizen of the world. Here, lawyers from Law360's Global 20 law firms spill their strategies for successfully managing a cross-border practice.
Brazil, South Korea and the United Arab Emirates have emerged as top hubs for international law firm expansion in 2016, amid a climate of increased capital investment, infrastructure projects, and mergers and acquisitions activity.