IFLR1000 Reviews

Financial and corporate

“Magic Circle” law firm Slaughter and May was founded in 1889 and is headquartered in London. The firm has offices in Beijing, Brussels and Hong Kong.

 

Focusses / specialisms

The firm is active in corporate and M&A, banking and finance, debt and equity capital markets, and restructuring work.

In banking and finance, the firm advise sponsors on the financing of private equity transactions.

The firm has strengths in various areas but is perhaps best known for its corporate work. In cross border deals the firm has a unique network of ‘best friend’ firms including the likes of Hengeler Mueller in in Germany and Bredin Prat in France. The firm has also cultivated relationships with a handful of US firms including Cravath Swaine & Moore, Paul Weiss and Wachtell Lipton.

  

Key clients

In banking and finance, key clients include Deutsche Bank, Varde, Palamon, Coca Cola European Partners, ASOS, Diageo, Vodafone, Rolls-Royce plc, States of Jersey and MarkerStudy.

In corporate and M&A, the firm work with Burberry, Diageo, DS Smith, GlaxoSmithKline, General Electric, Rolls-Royce, Royal Dutch Shell, RSA, Standard Life Aberdeen and Vodafone.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Borrower side

"Commercial - excellent at highlighting the areas to focus on. Responsive - instant 24/7 support. Knowledge - deep understanding of the specific agreement and the market, both legal and commercial. "

"Outstanding advice. Relentless drive and energy. Easy to work with during a very stressful time. Great people. "

 

Bank lending : Lender side

"They provide a point of view on the UK law, international common practice, and protect our right and obligation."

 

Banking

"Intellectually and technically impressive; great strength in depth."

"We love dealing with Slaughter and May. For any transaction that involves some element of novelty or innovation, they are one of our first ports of call. Many of their lawyers have strong technical skills, which they deploy to good effect in order to work from first principles through a new situation. They are often good value for money and seem able to take a much more pragmatic approach to billing than some other firms. They are responsive and hard-working and able to commit to delivering complex transactions against extremely challenging time frames."

"Technically excellent and strong knowledge of the market."

 

Capital markets

"Always available, practical, hugely knowledgeable, can write both simple clear advice and detailed legal tomes."

 

Capital markets : Debt

"Slaughter and May give versatile, thoughtful and pragmatic advice on all aspects of our business, taking into account the uniqueness of our model. I find them to provide a high level of expertise but also willing to right-size their recommendations to take into account a number of different drivers that affect our business. "

 

Capital markets : Derivatives

"Slaughter & May have excellent technical and commercially minded lawyers. They clearly have an excellent understanding of laws and regulations and they also fully understand how financial services operate, which means that they're able to provide highly effective advice. Lawyers at Slaughter & May are super-responsive to any query that I have and I have yet to come across a law firm that beats them in this regard. "

 

Capital markets : Equity

"Extremely knowledgeable, professional, efficient and effective. Do a first-rate job in managing all the requirements in a pragmatic fashion. Complete commitment to delivery. "

"Positive can-do attitude, commercial and pragmatic but always spot-on with the highest quality product."

"Technically and intellectually impressive; strength in depth."

"As you would expect, they are brilliant at steering a complex process and taking away some of the stress which would otherwise fall to the management team. The team grasped the group's business focus and turnaround strategy quickly and ensured it was well articulated in the prospectus. They worked seamlessly with other advisers to ensure a smooth and timely conclusion of the FCA review, notwithstanding there were some challenging matters to address. The team was appropriately resourced at all levels and well briefed and focused."

"Technically excellent - great relationships with other advisers, locally and overseas - phenomenal support - market-leading know-how - nothing is too much trouble."

 

Capital markets : Structured finance and securitisation

"Extremely high quality work both in design and detailed implementation."

 

Financial restructuring

"Responsiveness and easy to work with - technical quality and understanding of the issues - very experienced team from partner down - high-quality client service."

"Breadth of service and quality from all departments I've interacted with (finance, restructuring, HR, pensions, property)."

"These are the most expert restructuring lawyers in the UK; hands-on partners doing cutting-edge work."

"Excellent - very easy to deal with, very smart and pleasure to work with. Extremely experienced in navigating cross-border restructuring transactions."

 

Financial services regulatory

"Key attributes: highly skilled and knowledgeable team; proactive and solutions-focused; efficient turnarounds; skilled negotiators."

"Organised. Forward thinking. Resourceful. Accurate and clear understanding and challenge."

"They provide thorough, thoughtful, approachable and commercial advice in a regulation-heavy area which can be inaccessible. They demonstrate a deep understanding of the regulator, which helps to approach the regulator in the right way whilst managing internal stakeholders."

"Very commercial and the partners are accessible."

"Excellent customer service; pragmatic and commercial approach; highly responsive and client oriented; deep knowledge of relevant legal frameworks and regulatory requirements."

"Expertise and a team approach - ie part of our team."

"Thorough, detailed and thoughtful advice, provided in a timely manner. Advice also takes into account wider commercial concerns and is tailored to our needs and organisational set-up. "

"Work completed in timely fashion, high-quality analysis and responsive to queries raised re advice."

 

Insolvency

"Extremely knowledgeable, practical, professional, calm and timely advice. "

 

Investment funds

"Deep understanding of the market, proactive and fund structuring."

Investment funds: Private equity funds

"Excellent. Responsive. Sharp. Proactive. "

"Good knowledge and clearly very experienced in managing complex corporate matters."

 

Private equity

"Slaughter and May were, to be quite frank, quite exceptional from start to finish on this transaction. Helping with both PE contact and the technical detail of the transaction it was an extremely flexible and refreshing approach. Always available."

 

M&A

"Proactive, technically impressive, strength in depth."

"Responsive, commercial and considered advice. The team worked well under very tight time frames. "

"Excellent all-round service from corporate, employment and financing."

 

Restructuring

"Global and holistic vision of issues/solutions. Strong technical knowledge of the law and precedents. Very 'blue chip' and reliable advice."

 

Restructuring and insolvency

"Technical knowledge is very good combined with amazing depth."

"As you would expect, they have a strong grasp of the legal issues, but they wear it lightly - advice is practical and user-friendly in its presentation. They are also all very responsive and approachable and enjoyable to work with. They are very much part of the team."

"The team was able to quickly focus on the key issues on which objections to the restructuring focused. Their clarity on these issues allowed more in-depth work and ultimately success."