England - London • Corporate and commercial

Slaughter and May

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Operating across a host of sectors including TMT, healthcare, construction, oil & gas and insurance and with unrivalled experience advising listed companies on M&A as well as activism defence work,  Slaughter and May’s M&A team is  ‘absolutely first class on all matters’. With a growing roster of top name clients and with more than 70% of its mandates last year involving an  international element, the team is regularly called in to advise on blockbuster deals such as GSK’s demerger of Haleon. The practice is co-headed by public and private M&A partners Simon Nicholls , who is described as ’outstanding’ and ‘exceptional’ for his complex work for clients such as GSK and Diageo, and Richard Smith, whose clients include Aviva, Equinix and The Walt Disney Company. Senior partner Steve Cooke offers particular experience in takeover bids and other stock exchange related work, while data privacy expert Rebecca Cousin handles public and private M&A, initial public listings, equity issues and joint ventures. Roland Turnill , who will replace Cooke as senior partner in 2024, co-heads the financial institutions group and has recently been involved in advising Vodafone on its merger with Three. ’Top tier lawyer’ Paul Dickson and the ‘exceptional’ Sally Wokes are noted for their broad corporate practices, handling public takeovers, joint ventures and private M&A for domestic and international clients, listed and unlisted. Victoria MacDuff continues to have a wide-ranging corporate practice, advising on M&A deals and disposals, equity capital market transactions, reorganisations and joint ventures, with a particular focus on cyber security and the financial services and telecoms sector. Also recommended are: Claire Jackson, a life sciences, healthcare and insurance specialist; Andrew Jolly, who heads the sport team and, the ’enthusiastic, energetic and relatable’ Robert Innes, who co-heads the tech transactions group. James Cook, Harry Hecht and Alexander Dustan are other key lawyers. Formerly senior figures within the team,  Andy Ryde and Jeff Twentyman have retired.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The M&A team are absolutely first class on all matters. Their advice is always extremely clear, focused on exactly what the client needs to understand. The team has great market awareness.’

  • ‘Paul Dickson and Alex Dustan are both top tier lawyers. They have fantastic in-depth knowledge, as well as great commercial awareness. They are able to present complex legal issues in a very clear straightforward manner in a way that creates real confidence.’

  • ‘Superb judgment and valuable thought leaders in the transaction practice. Simon Nicolls and David Johnson are both outstanding and together comprise a formidable team. They provide a real value-added service, making the complex manageable and always bringing forward thinking and creative approaches to difficult problems.’

  • ‘The quality of Slaughter and May's output is exemplary at all levels and across all disciplines. Contrary to the received wisdom (and unlike many Magic Circle firms) there is no 'typical' Slaughter and May lawyer. The large and multi-disciplinary team that most recently supported us comprised lawyers from a very wide variety of backgrounds, ethnicity and nationality but provided consistently excellent advice and support, working with us and for us, collaboratively. Their internal communication processes work very well, as notwithstanding the large number of people comprising the advisory team, everyone was clearly aware of every aspect of the transaction as it moved through its various stages.’

  • ‘Roland Turnill was across absolutely everything, engaged and engaging, hugely credible at Board level. Robert Innes is enthusiastic, energetic and relatable to all, from Chairman to PA. James Cook is highly relatable but a clear thinker with quiet confidence. Usman Sawar at the associate level is calm, confident, hard-working (naturally) and super-helpful.’

  • ‘Slaughter and May consistently outperform other law firms. They offer excellent input, are efficient and add value. You can really rely on them for quality advice delivered as you need it. They rise to any challenge and remain user-friendly, clear and have an ability to move with fast pace.’

  • ‘Sally Wokes is exceptional. She always gets right to the key point, understanding and explaining the commercial impact on clients. Harry Hecht is also excellent, focusing on what matters to the client and is results orientated. You can really rely on both of them and that can be rare to find.’

  • ‘Utterly reliable and at the very top of their game. I would never go anywhere else. Paul Dickson and Simon Nicholls are exceptional. I've worked with them for over 10 years, through a number of highly complex transactions and they have never let me down. Their teams are also always of the highest quality. I'm never worried about which associate is assigned to a particular project as they all work incredibly hard, are committed to the task and have exceptional insight.’

Key clients

  • GSK
  • Aviva
  • Reckitt
  • Landsec
  • Wood Group
  • Whitbread
  • United Utilities
  • Close Brothers
  • Legal & General Group
  • Equinix
  • Marsh McLennan
  • Schneider Electric
  • Vodafone
  • INEOS
  • Marshalls
  • Dignity
  • Bunzl
  • HPS Investment Partners
  • Essentra
  • Reach

Work highlights

  • Advising Vodafone on the planned combination of Vodafone UK and Three UK, which would involve both companies combining their UK businesses, with Vodafone owning 51% and CK Hutchison owning 49% of the combined business.
  • Advised GSK plc on the demerger of its Consumer Healthcare business into a separate London-listed group named Haleon.
  • Advised Legal & General Capital (LGC) on its 50:50 partnership with U.S. based real estate developer Ancora.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Steve Cooke

Steve Cooke

Hall of fameSlaughter and May

Senior Partner; Steve is the Senior Partner of the firm. He headed our Mergers and Acquisitions practice from 2001 to 2016. He has a general corporate and M&A and investigations practice, with particular experience in takeover bids and other Stock Exchange related work. Steve acts for a number of listed companies including FTSE 100 clients Aviva, Barratt Developments, BAT, Centrica, Diageo, Hikma Pharmaceuticals, International Airlines Group, Reckitt Benckiser, Rolls-Royce and WPP and FTSE 250 clients Big Yellow Group, Morgan Advanced Materials, Morgan Sindall and Spectris.

Roland Turnill

Hall of fameSlaughter and May

Partner; Roland is Co-Head of our Financial Institutions Group and has recently stepped down after six years as Head of our Mergers and Acquisitions practice. His principal areas of work are public and private M&A, joint ventures, activism defence, governance and crisis management.

Leading individuals

Rebecca Cousin

Rebecca Cousin

Slaughter and May

Partner; Rebecca is Head of our Equity Capital Markets practice and Co-Head of our Data Privacy practice. Rebecca’s corporate practice consists of advising clients on M&A transactions, both public and private, joint ventures, equity issues, initial public listings and long term commercial contracts. She also advises on day-to-day company law and corporate reporting and governance matters. Rebecca advises a number of clients on all aspects of Data Privacy, including on stand-alone compliance queries, in corporate transactions, e-commerce, commercial contracts and global investigations. Rebecca is a contributing author to Tolley’s Company Law Service, Privacy Laws and Business, and sits on the Consulting Editorial Board of Lexis PSL.

Paul Dickson

Slaughter and May

Partner; Paul has a broad practice covering a range of corporate and corporate finance matters for listed and unlisted clients. His experience includes advising on public takeovers and mergers, private M&A, equity capital markets and asset management transactions, together with partnership and investment fund structures.

Robert Innes

Slaughter and May

Partner; Rob has broad corporate and corporate finance experience, with a focus on public takeovers, international private M&A and equity capital markets. He also co-headed our Tech Transactions Group.

David Johnson

Slaughter and May

Partner; David heads one of the firm’s corporate groups and has over 25 years’ experience advising on a wide range of corporate transactions, commercial agreements and governance matters. He has particular expertise in public and private M&A transactions, joint ventures and equity financings. David acts for a number of listed companies, including Arrow Global Group, BAT, BHP, Cineworld, GlaxoSmithKline, IAG, Marston’s, SEGRO and The Restaurant Group.

Simon Nicholls

Slaughter and May

Partner; Simon is co-head of our Corporate and M&A group. His principal areas of work are public and private M&A, joint ventures, activism defence, governance, crisis management and investigations. He acts for a number of listed companies, including Babcock, Diageo, GlaxoSmithKline, John Wood Group, Morgan Advanced Materials, Ultra Electronics and Whitbread.

Sally Wokes

Slaughter and May

Partner; Sally advises on a broad range of corporate and commercial transactions. Her practice mainly consists of acting for corporate clients on domestic and international transactions (including private acquisitions and disposals, public takeovers and joint ventures) and general advisory matters.

Next Generation Partners

James Cook

Slaughter and May

Partner; James has a broad international corporate and commercial practice, advising on public and private M&A activity, joint ventures and equity capital market transactions. He also advises clients on company law and reorganisations, corporate governance and other general advisory matters. James is a member of the firm’s Tech Transactions team, and has particular experience in the TMT sector, including significant expertise in data centres and emerging tech.

Victoria MacDuff

Slaughter and May

Partner; Victoria has a broad corporate practice and advises on all forms of M&A activity, private acquisitions and disposals, equity capital market transactions, reorganisations, joint ventures and cyber security. Victoria has particular experience in the financial services and telecommunications sectors and is also an active member of the firm’s Commercial Contracts advisory team.

Practice head

The lawyer(s) leading their teams.

Richard Smith, Simon Nicholls

Other key lawyers

Steve Cooke, Rebecca Cousin, Roland Turnill, Paul Dickson, Sally Wokes, Victoria MacDuff, Claire Jackson, Andrew Jolly, Robert Innes, James Cook, Harry Hecht, Alexander Dustan, David Johnson, Usman Sawar