Herbert Smith has landed two major instructions in the space of a week, advising Indian company Tata Steel on its £4bn bid for Anglo-Dutch steel producer Corus and BlueBay Asset Management on its initial public offering in a deal that will value the company at around £500m.

Herbert Smith corporate partner David Paterson is advising Tata Steel on its approved offer for Slaughter and May client Corus.

Slaughters head of finance Andrew Balfour is leading the firm's team for Corus, which agreed a £4.3bn takeover bid on Friday (20 October).