Established in 2000, NCTM Studio Legale is an Italian firm that has spread globally. In addition to offices in Milan and Rome, it has branches in in London, Brussels and Shanghai. Globally, 250 professionals work for the firm, including 72 partners. 

Focusses / specialisms 

The firm is active across banking, capital markets, M&A, projects and restructuring and insolvency, with expertise in advising SME clients on equity capital markets work. 

In banking the firm is recently experienced in NPL sales, cross border financing and bank restructuring. 

In the capital markets practice area, the firm is notably experienced in equity work. It specialises in representing issuers on IPOs on AIM Italia, on average working on four to five IPOs on the exchange annually and topping annual volume tables for this type of work. It also advises on listings on the London Stock Exchange’s AIM market. 

The firm has a broad M&A practice, covering domestic and international deals in a range of sectors. 

The firm’s projects practice often acts on renewable energy projects, particularly wind farms. 

The firm also works on contentious and non-contentious restructurings, including cross-border work. 

Key clients 

The firm's clients include Italian and international banks such as BPER, UniCredit, Santander and HSBC, and it is a partner firm of IsFin. It also often advises private equity funds, including Chequers Capital. 

Client feedback: 31st edition (2020/2021) 

Bank lending: Lender side 

"Always available providing solutions." 

"Constantly available for any clarification and need. Time-oriented. Always providing solutions." 

"Full availability and ability in problem-solving in the transaction." 

"The firm is extremely professional and knowledgeable in the renewable energy finance sector. Quick and result-oriented." 

Bank lending: Sponsor side 

"Great ability to solve problems and legal preparation." 

Banking 

"Timely and punctual advice, results-oriented and client-oriented, high level of professionalism and flexibility." 

Investment funds 

"Broad spectrum of competencies - accurate, reliable and responsive - excellent relationship quality." 

M&A 

""-Proactive support -24H full support -Strong Knowledge of M&A legal topics" 

"Excellent support in all areas." 

"I think of NCTM as an entrepreneurial firm. They think and act together with their clients. The thing they are really good at is keeping the helicopter view, while zooming in where necessary." 

"Proactivity - very knowledgeable - availability." 

"Very responsive to our needs and capable of a positive interaction with the counterparts. Always proactive in overcoming negotiation's hurdles." 

Private equity 

"Competence. Creativity. Persistence in negotiations." 

Restructuring 

"Understand the underlying business, have the right sensitivity in prioritising issues and in taking charge of key relationships when needed." 

"Very serious and professional."