February 2005
Lawyer;2/21/2005, Vol. 19 Issue 7, p3
Trade Publication
This article focuses on the 2004 AIM survey of various law firms. For years, AIM has been the playground of mid-tier and national firms romping through a high volume of simple transactions. Tightening regulations and the internationalisation of the market is likely to benefit the few firms that have piled into AIM, but the likes of Norton Rose and Simmons & Simmons should not be popping the corks just yet. In AIM terms, Norton Rose had a storming year, and Simmons didn't do badly either, just sneaking into the top 20. The threat to any aspirations they may have of dominating this resurgent market comes from the U.S. The theory they are now peddling is that, as AIM falls more into line with international financial standards, its listing documents will begin to look more U.S. in style. Another firm that might benefit from its new U.S. status is DLA Piper Rudnick Cary. While Charles Russell and Norton Rose have done well out of the flourishing mining, oil and gas sector much of DLA Piper's 2004 success has been allied to the resurgent technology, media and telecoms market.


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