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Article: UK firms eye opportunities down under as Aussie quartet muscle in.
- Article from:
- The Lawyer
- Article date:
- November 9, 2009
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Australia is flavour of the year with UK firms, and given that a number of Aussie firms are rocketing up the deals tables, it is no wonder.
A year ago not one Australian firm could claim a place on the list of the top 25 firms ranked by the combined value of the worldwide deals they had worked on. Only Allens Arthur Robinson, which was ranked 28 by deal value in the period from January to September 2008, came anywhere close, although its instructions on deals worth a combined total of $80bn (#48.27bn) was small fry compared with the $423.12bn worth of deals that top-ranked Sullivan & Cromwell was instructed on.
Fast forward a year and the picture is ...