Review of the year

December 2004
Lawyer;12/13/2004, Vol. 18 Issue 48, p12
Trade Publication
This article presents information on some of the stories in the journal "The Lawyer" that made the headlines in 2004. Clifford Chance found itself at the top of the European M&A tables for 2003, having advised on 2l6 deals with a combined value of 112.5m. Across the Atlantic, meanwhile, the firm was struggling with its New York office and fighting to keep partners from leaving. In April, Denton Wilde Sapte (DWS) and Freshfields Bruckhaus Deringer became the latest foreign firms to downsize in Asia. As first revealed in this journal Freshfields sent shockwaves through the region after deciding to pull out of Thailand as part of a full-scale review of Asia. Freshfields' decision to shut the doors on its three-partner Bangkok office followed DWS's announcement the previous week that it was quitting Asia in another bid to force up flagging profitability.


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