United Kingdom

IFLR1000 Reviews

Financial and corporate
Allen & Overy

UK ‘magic circle’ law firm Allen & Overy is one of London’s leading law firms and ranks highly across almost all of our ranking tables. The firm is known for its specialism in bank lending, debt capital markets, derivatives and large-scale financial restructuring.

 

Focusses / specialisms  

The firm is well versed and a clear market leader in bank lending, structured finance and securitisation and derivatives and restructuring and insolvency.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Borrower side

"(1) An immediate response to our queries; (2) a great quality of expertise, we were satisfied with all clarifications and explanations that were provided to us; (3) strong negotiation position, the firm defended our interests firmly and successfully, being able to provide strong arguments in the course of negotiation; (4) the firm showed a great deal of commitment: during, all the team was present on the calls; (5) accuracy and attention to details, thanks to Daisy Chapman, who was in charge of that. Special thanks to Oleg Khomenko, who helped us a lot with his advice, and Sergey Blinov. "

 

Bank lending : Lender side

"Professional, proactive."

"Professional firm, deep dives into detail, prompt and strong value addition."

 

Bank lending : Sponsor side

"Extremely service-oriented, providing in-detail advice at all times with expert knowledge of the documentation."

 

Banking and finance

"A&O is ahead of its peers when it comes to utilisation of innovative technologies. Their Fuse platform has helped ensure greater levels of efficiency and reduced costs on administrative tasks. Their investment in senior lawyers with domain experience in the Indian sector has ensured that they have a very well-experienced India practice with deep insights and understanding of the functioning of the Indian promoters, regulators and the larger legal system. A&O has demonstrated that it can work seamlessly across its various offices and the client is able to receive consistent and timely advice. "

"Commercially oriented."

 

Capital markets

"Expertise. Diligence. Integrity. Balance between providing a feasible solution and not putting client in a position of overexposure/unnecessary legal risks. Personal relationship with client."

 

Capital markets : Debt

"A&O are extremely knowledgeable across all funding programmes and combine their expertise with an in-depth understanding of their client's business and needs."

"Excellent deal-team staffing. Consistent partner involvement throughout the deal. "

"The firm (in particular the team we work with) has a high level understanding of the market with a helicopter view of what players in the market are doing and future trends. The lawyers we use have very good commercial sense and work pragmatically to find solutions. They work really well together as a team. The lawyers communicate well, are incredibly responsive, and absolute top professionals. "

 

Capital markets : High yield

"True expertise, creativity, sharpness, understanding our business and our needs, extraordinary bench strength and commitment. Also lovely people."

 

Capital markets : Structured finance and securitisation

"Great attention to detail - deep understanding of the securitisation market - excellent project management skills - strong commercial approach to getting the deal done."

"(i) Extremely knowledgeable team; (ii) high-quality associates at all levels; (iii) large bench so can handle multiple large projects without drop in service."

 

Financial services regulatory

"Deep understanding of the regulatory landscape in France and internationally, combined with ability to translate their expertise into straightforward and practical advice."

"A&O helped us establish a pilot programme to satisfy certain regulatory requests which were in advance of applicable deadlines. This was a challenging task and A&O stepped up to the plate very swiftly and proactively engaged with us on delivering this regulatory requirement. A&O was able to mobilise high-calibre resources and work with us in a genuine partnership. Their service was rapid, high value-added as well as quite cost-efficient. In terms of A&O's approach to assistance and content of advice, they were definitely innovative in the way they assisted us from the design stage through to the execution stage of this project. "

"Responsive, to the point, practical."

"The team are deep subject-matter experts on payments regulations and industry norms and practices. They are able to leverage that expertise to provide practical and informed advice on complex matters. "

"A&O are usually prompt and thorough with their advice. They are very responsive wherever a problem does arise."

 

M&A

"Very intelligent lawyers that are also practical who work with a view to protecting their client but also getting the deal done."

"Extremely proactive - very open to feedback and looking to improve service - value for money, ie don't try to extract last £ on transactions - partner buy-in, with focus across the team rather than delegation to juniors - personable, which makes private equity firms more at ease with introducing the firm to management at portfolio companies/prospective transactions - imaginative, often thinking outside the box to help try to get best outcomes."

"Allen & Overy has great depth of experience and a broad geographic footprint, which is very helpful for cross-border M&A. The work product is excellent and their client service is top notch."

"Business-minded, astute, seeing beyond the mere legal advice by understanding the larger picture, fine-tuning our short-term tactics in line with our long-term interests. Great strategy, perfect quality."

"Hands-on attitude. Commitment to deadlines. Hefty structure that ensures expert advice in the many jurisdictions and areas of law under the transaction's scope. "

"True expertise, creativity, sharpness, understanding our business and our needs, extraordinary bench strength and commitment. Also lovely people."

"Very responsive and proactive. "

"Attentiveness to the details of each request submitted."

 

Private equity

"Excellent service throughout. Lot of senior support as well as strong junior bench. Very hands-on approach, very proactive in finding the right solutions and very quick. We felt in very safe hands."

"Highly efficient. Good thought partners, especially when discussing deal tactics. Very commercial."

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton established its London office in 1971. The firm has over 100 lawyers across the globe.

 

Focusses / specialisms  

The firm is strong across banking, capital markets and corporate and M&A. The London team is best known for its banking, debt and equity capital markets and private equity funds practices. In the banking space the firm, has a strong borrowing side practice and acts on a range of significant bank-bond or capital markets linked deals.


Key clients

The firm’s key clients include Sixth Street, Monograph Capital, Conduit Capital, Coller Capital, Credit Suisse, LBO France, ArcelorMittal, LivaNova, MDC Partners, The Hellenic Republic (Greece), Government of Barbados, The Republic of Argentina, and Nectar Capital.

Clifford Chance

“Magic circle” law firm Clifford Chance is headquartered in London and has more than 32 offices globally.

 

Focusses / specialisms  

Areas of focus for the firm include bank lending on the borrower, lender and sponsor side.

 

Client Feedback: 31st edition (2020/2021)  

Asset finance

"Very thorough, good attention to detail and also understand the commercial requirement to get the deal done."

 

Bank lending : Lender side

"Clifford Chance (and specifically Tim Cleary and his team) are recognised experts in the field of securitisation of lending exposures and bank capital relief. They combine tremendous expertise and deep experience across many transactions in the market with strong commercial thinking and proactive advice on how to document transactions in the best possible way."

"Excellent market knowledge, well organised, quick to respond and helpful on providing wider market knowledge and colour."

"Highly commercial, proactively seek to address issues raised, can-do attitude."

"Providing useful inputs in the existing power projects in Bangladesh. "

"Very good coordination within the law firm with specialist lawyer for each ECA. High responsiveness for any ad hoc requests."

 

Banking

"Truly professional; responsive, proactive, reliable and 'can do' attitude; approachable and dedicated deal teams, hands-on partners; Champions League standard from start to finish."

 

Banking and finance

"Commercial advice/get the job done/really focus on the points that need to be focused on and laser in on those."

"Excellent drafting skills, strong understanding of legal and regulatory issues, very good understanding of our requirements as a client."

"Excellent industry knowledge translated to focused, effective advice, allowing acceptable 'asks' to be put to the banks, ensuring quick resolution and action. Flexible access to senior members and the team is very responsive to all queries and liaising with other parties on our behalf."

"Excellent knowledge basis; good, thorough thinking on issues; collaborative attitude."

"Strong partners, understand market trends, good bench of associates."

"The deal team were responsive in the face of many twists and turns during the later stages of deal execution. Despite challenges of remote working they were always available and managed to turn documentation around quickly and accurately. Advice on some pretty unusual deal features was commercial and pragmatic and they worked with us as documentation bank to get the syndicate across the line and meet the customer's deadline for closing."

 

Capital markets : Debt

"Speed of execution. Ability to coordinate across two jurisdictions. Negotiation and documentation management. Creative problem-solving."

"With a strong bench of associates, the team combines deep technical knowledge with efficient practices to complete matters on time and within budget."

"They have many experience in bond offering in SSA sector and as such they are able to provide practical advice and solution when we have a problem."

"Clifford Chance are very technical, knowledgeable and reliable. David Dunnigan, Simon Sinclair, Paul Deakins, Kate Vyvyan, Eric Green and Peter Pears are all a pleasure to work with and very strong in terms of legal knowledge and applying that in practice. Julia Machin and Jessica Walker, the PSLs, are always a reliable source of knowledge and ready to assist with ad hoc queries. "

"Clifford Chance has a very strong debt capital markets team. Paul Deakins and Simon Sinclair in particular are extremely talented partners and feel like very safe pairs of hands on often very complex transactions. The team has the capacity to deliver high-end and thoughtful execution with the ability to think outside the box with challenging fact patterns. Associates such as Peter Pears offer real confidence that you are receiving excellent advice across all levels. The team is always at the top of my list when seeking counsel on new mandates. "

 

Capital markets : Derivatives

"Expert knowledge and guidance, very responsive and approachable. "

"They guided us through some complex legal issues - and difficult negotiations - smoothly and in the time frame we asked them to work to."

 

Capital markets : High yield

"Responsive. Thoughtful. Commercial. Pragmatic."

"They made me feel comfortable with a financing product we were not familiar with and they ensured our position was well protected."

"Andrew Kelly is extremely knowledgeable in the high-yield area. He and his team were able to address in a very practical way the points most relevant to the client. "

 

Capital markets : Structured finance and securitisation

"CC is proactive, responsive and practical in its advice and work. They are a trusted and market-leading counsel on matters relating to securitisation and structured finance."

"Combine extensive market knowledge and experience with a pragmatic approach to reaching resolutions."

"Deep sector knowledge and experience."

"The quality of the draft documents is extremely high requiring very little mark-up. In-depth knowledge of synthetic securitisation, market precedents and regulatory aspects is highly impressive."

"Think they are probably unmatched in this arena today, innovative, effective and cost-conscious."

"Tim Cleary is effectively the key contact across the market for these transactions, along with Jessica Littlewood, thought leaders as well as crucial to industry discussion in this field. "

"Very proactive. Good awareness of market issues and approaches. Able to give good practical and pragmatic advice. "

"Stand-out leadership on regulatory developments, involvement of senior partners in various industry working groups, strong training programmes."

"Very knowledgeable. Great strength and breadth of team. Very responsive, thorough and helpful. Gives in-house legal a lot of confidence which enables us to trust CC with our deals."

 

Financial services regulatory

"Broad understanding of the financial sector and the markets; strong technical expertise."

 

Investment funds

"Clear, concise advice, tailored to our known concerns. Good overview of market dynamics and competitive landscape. "

"Commercial judgement very sound. Responsive - great access to partners. Genuine - feel like they care about our success."

 

Investment funds: Private equity funds

"Excellent work - highest quality legal advice with a good commercial sense. "

"Familiar with British law and respond to questions efficiently."

"Knowledgeable, experienced and dedicated."

"The firm is very helpful and have a very deep knowledge of the market. "

 

M&A

"Excellent proactive attitude and work ethic. Super-professional and provide solutions to problems. "

"Gareth Camp and his team helped navigate a complex transaction with skill, speed and creativity. Always responsive, timely and a pleasure to work with. A driving force that was central to getting the transaction over the finish line. "

"Responsive, incredible scale/capacity, excellent industry knowledge, very user-friendly, approachable."

"The team I have been working with are Sarah Jones and Robert Crothers, who are the main client contacts. CC is very well connected internally between the different teams working on a transaction; they provide seamless advice across different jurisdictions and time zones. It is a well-oiled machine, highly responsive, very capable and creative and easy to work with. Results are very good across the board and the advice provided is always sound and well thought through; quality is simply terrific and always exceeding expectations. "

 

Private equity

"Quality and experience of lead partners (Simon Tinkler and Jonny Myers) and quality and breadth of senior associates and associates. "

 

Project finance

"In project finance, several law firms dispatch foreign lawyers to provide the legal service, but Clifford Chance dispatches Japanese lawyers, whose expertise is satisfactory to us."

"We are highly satisfied with their work, especially in terms of their expertise in local regulatory frameworks and their support on documentations. Clifford Chance has provided us sufficient and high-level advisory/guidance during our work."

 

Restructuring

"I was extremely impressed at the depth of quality and expertise that the firm has. At short notice, CC was able to introduce ABL experts, shareholder/equity experts and Spanish law experts who got up to speed extremely quickly. It is genuinely full service and has the breadth and scope to staff demanding projects as required. It means you have complete confidence in their team. The work ethic of the team and ability to maintain good humour during difficult times makes it enjoyable to work with them."

Davis Polk & Wardwell

New York firm, Davis Polk & Wardwell has a presence in London. The firm also has offices in Washington D.C., Paris, Madrid, Beijing and Tokyo.

 

Focusses / specialisms  

Davis Polk has a strong debt practice and is also active in capital markets and the corporate space. The firm receives work from the UK and European markets but also benefits from work coming from its home base in the US.

Work various across practice areas, particularly within capital markets where the team moves between debt and equity mandates.

Herbert Smith Freehills

Herbert Smith Freehills is headquartered in London and combines UK based law firm Herbert Smith and Australian law firm Freehills.

 

Focusses / specialisms  

In banking, the firm acts for borrowers, lenders and sponsors. Area of work for the firm include restructuring and insolvency. The firm is also recognised for its activity in the energy, oil and gas sectors.

 

Key clients

Key clients for the firm include Virgin Atlantic, General Mills UK, Bharti Global and TXU Europe Group.

 

Client Feedback: 31st edition (2020/2021)  

Banking

"Their key strengths include approachability, availability, a thorough technical understanding of the issues, and adaptability to meet our specific requirements. Their experts have been eloquent, highly knowledgeable, and generous with their time. Feedback from our members, including senior figures accountable for aspects of Libor transition, has been extremely positive."

 

Financial services regulatory

"Committed to help manage the firm's interests. "

"Highly professional at case management. Incredible attention to detail. Thorough knowledge of the relevant case law. Excellent negotiating skills. Total dedication to the client. Highly responsive to communications. "

"HSF were excellent, against extremely challenging Brexit-related timelines, in particular in the last few weeks of 2020 they provided clear, expert advice on UK financial market regulation encompassing both the FCA and HMT. "

"Knowledge of the law, practical and knowledgeable of our structure, approach and requirements."

"Responsive and timely advice. Gained the trust of senior stakeholders, particularly at board level - Andrew Procter is highly regarded. Collaborative and flexible on fee arrangements, secondments and added-value services."

"True experts - detailed knowledge of the law as well as market/industry practice and insight into trends. This area is nuanced, but they provide practical and business-focused advice. Also always available for informal discussions/sounding board." 

Latham & Watkins

Latham & Watkins is one of the largest US firms in London and is considered one of the market leaders in areas such as leveraged finance and in particular high yield debt.

 

Focusses / specialisms  

Key areas of work for the firm include banking, M&A, private equity, debt capital markets, high-yield capital markets, structured finance and securitisation.

Industry sector strengths are in distressed investments, insurance-related assets, music and publishing royalties, student loans, pharmacy and health care receivables, solar assets, and marketplace receivables.

 

Key clients

Key clients for the firm include Stenn Assets UK, Asda, J.P. Morgan, Goldman Sachs and Public Power Corporation.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Lender side

"Super-competent."

"They are great cross -border and across multiple different products."

"Excellent communication, good industry knowledge and partners have a strong understanding of what bank concerns should be."

 

Bank lending : Sponsor side

"Extremely knowledgeable and technically skilled."

 

Banking and finance

"Huge bench of very capable partners and associates. Market leaders and very well balanced bank-sponsor practice."

 

Capital markets : Debt

"Excellent advice and execution capabilities."

McDermott Will & Emery

McDermott Will & Emery is an international firm founded and headquartered in Chicago. It has offices in 13 locations in the United States, and seven offices across five European countries. 

 

Focusses / specialisms  

Private equity is a focus for the firm.

 

Key clients

Key clients for the firm include H.I.G. Capital, Great Point Partners, Covis Pharma, Eight Roads, Ampersand Capital Partners, Group Winncare, Tana Africa Capital, Five Arrows, Investment Partners, Searchlight Capital Partners and SilverTree Equity.

Peace Crowell

Peace Crowell is a boutique law firm with offices in London and San Diego. The firm works with clients in the Middle East, Hong Kong and the US.

 

Focusses / specialisms

The firm is experienced in project development and project finance. A strength of the firm’s work lies in the nuclear power sector.

 

Key clients

The firm primarily serves clients in the energy and nuclear power industries.

 

Research period review: 31st edition (2020/2021)

During the research period, the firm was busy with project development and project finance work.

In project development, the firm advised a client in the nuclear power industry in connection with upsizing a loan facility. Other work included advising on joint venture arrangements.

 

Deal highlights: 31st edition (2020/2021)

Barakah nuclear energy plant

 

Client feedback: 31st edition (2020/2021)

M&A

"Stunning resilience."

 

Project development

"Flawless work and perfect knowledge of the regulation."

"High-quality firm which fields excellent practitioners, focused on efficient deal execution."

"Excellent service-oriented firm which proactively manages the deal and advocates well for its clients."

 

Project finance

"Peace Crowell have excellent project finance capabilities and are able to address financing issues that arise in a pragmatic and sensible manner."

"They are excellent at what they do. I have unwavering trust in their work and ethics. Their prompt response to a client's needs is second to none. "

"Flawless work and amazing knowledge of the applicable regulations."

Skadden Arps Slate Meagher & Flom

Skadden has 22 offices across the globe and has an office in London.

 

Focusses / specialisms  

Skadden has strengths in banking, capital markets and M&A. In the banking space the firm acts primarily for borrowers on acquisition and leveraged finance.

 

Key clients

Key clients for the firm include Silver Lake, Castik Capital, Montagu, Colony Capital, JAB Holdings, I Squared Capital, LetterOne and Blackstone.

Winston & Strawn

Winston & Strawn has a London office and operates across Europe, Asia and North America.

 

Focusses / specialisms  

Key areas of work for London practice includes private equity, finance, and M&A. The firm represent financial sponsors and advise on finance transactions, restructurings and public to private transactions.

 

Client Feedback: 31st edition (2020/2021)  

Financial services regulatory

"1. 'Ownership' of the client's problem and its solution. 2. Accessible partners who are easy to work with. 3. Genuine 'trusted advisers' to our company."

 

M&A

"Great client service and delivery leading to excellent value for money for the client. They are experienced at complex cross-border transactions for large international clients and are able to offer commercial advice underpinned by excellent technical skills."

"Winston & Strawn's innovation in deal structuring is at the forefront of the market. As well as implementing 'live' transactions, their partners, in particular Paul Amiss, are constantly considering better ways to do deals. They work collaboratively and have a strong team ethic."

"Deep cross-border transactional experience (both M&A/corporate reorganisations and structuring/joint ventures and also financing). Responsive. Client-focused/solutions-orientated/commercial approach. Nice to work with. "

"They are technically very capable in M&A and capital markets. And furthermore very organised and diligent in their approach. Extremely efficient which makes for a nice feeling on the client side once settling payments."

Alston & Bird

Global firm Alston & Bird has over 800 lawyers in 13 countries, with a presence in London, Brussels and Europe.

 

Focusses / specialisms  

The firm is involved in financial services work, banking and derivates capital markets. The firm advise on M&A matter involving joint ventures, divestitures, and bank investments. Debt and high yield capital markets work are areas of specialism for the firm.

 

Key clients

Key clients for the firm include the Federal Reserve and the Consumer Financial Protection Bureau.

Arnold & Porter

Arnold & Porter established its London office in 1997.

 

Focusses / specialisms  

The firm is best known for its investment funds practice in the UK with a strong focus on hedge fund matters. The firm is active in financial services matters and regularly serves clients in the renewable energy sector.

 

Key clients

Key clients of the firm include Curzon Funds, IPM Informed Portfolio Management, K2Q Capital, Cardean Bell, Credicorp Capital, Haven Cove SICAV, MFW - Multi Family Wealth, PrimeXtend, ShadowFall Capital & Research, Temporis Capital, York Capital Management and MacKay Shields /MacKay Shields UK.

Ashurst

Headquartered in London, Ashurst employs over 1,600 lawyers across the globe. The firm has 27 offices across 15 countries and is present in the UK, Europe, Asia, Australia, the Middle East and North America.

 

Focusses / specialisms  

Ashurst has a large financial and corporate team and covers work in all the key practice areas. The firm is particularly strong in banking and projects work, with specialities in energy and infrastructure.

 

Client Feedback: 31st edition (2020/2021)

Bank lending : Lender side

"Clear and concise. No waffling. Cost aware."

"Excellent transaction management and communication. Where technical advice and guidance is required, it is communicated in a concise and digestible manner with appropriate solutions to any problems. "

"Outstanding partner-led advice, highly commercial and clearly in the deal-flow so current on most up-to-date market terms. Very responsive when asked to provide a proposal and fee quote, which is key in high-speed M&A processes."

"The advice and work product we get from the partner in question is always technically astute, considered and commercial. "

"Understand the situation well. Technical legal proficiency. Advocacy during calls with stakeholders. Speed of response."

 

Banking

"Always available, committed, highly competent, skilled and supportive in a sometimes hostile environment."

"Responsive, efficient, good value, knowledgeable."

 

Banking and finance

"Safe pair of hands, especially from my experience on the loan side. Even during Covid when there was a lot happening and we found many law firms to be less responsive than usual, Ashurst were proactive, reliable and up to their usual high standards. User-friendly and commercial."

 

Capital markets : Derivatives

"Client-focused and able to gather a big team on a short notice."

"Expertise and knowledge of the area. "

"Market and structure knowledge. Clear and precise advice."

"Partner contact is good. They work at developing/maintaining a relationship with key clients."

"The Ashurst team and partners give me the same service in derivatives as I would expect from the largest and best known law firms. The technical quality of partner advice is as expected, we can get closer attention by associates that we come to build a relationship with than is sometimes possible with the largest firms. "

 

Capital markets : Structured finance and securitisation

"Exceptionally helpful, good value, have industry expertise and well regarded. Very user-friendly law firm."

"Great knowledge, Solution-oriented."

 

Financial restructuring

"Professional. Commercial and practical. Balanced - articulated pros and cons."

"Well respected, experienced and extensive team means they can get involved in very large matters - international reach also really helpful for increasing levels of cross-border restructuring."

 

Financial services regulatory

"Clear advice, very good understanding of our requirements, commercial and practical."

"Highly responsive. The advice is timely, correct and the attitude of the lawyers is solutions-oriented. They appear to have strength through the ranks."

"Positive attributes include: flexible and friendly - knowledgeable and experienced - global coverage - breakfast briefings on current key regulatory topics."

 

Insolvency

"Great knowledge of my requirements, expert opinion and commercial advice."

 

Investment funds

"All advice was clear, constructive and always aimed at concluding the agreements. Solutions were presented for any item accompanied with the pros/cons of each approach."

"Tremendously supportive across all business lines, deep-rooted relationship enabling good insights and service."

"Ashurst provided excellent, commercially savvy advice targeted at our business, not just generic advice than one sometimes sees."

Investment funds: Real estate funds           

"Expert managed project, first-class advice and negotiation with international investors."

 

M&A   

"All staff are knowledgeable about the sector as well as being very technically proficient legally. The turnaround of work is always timely. The firm is attentive to the client's particular needs."   

"Experts in oil and gas law and energy transactions. Strong technical skills and commercial acumen. Very responsive and provide high-quality work on time and within agreed budgets."

"Manage expectations well, work to tight deadlines, seek active feedback."

 

Project development

"Insightful, detailed and analytical."

 

Project development : Energy

"All legal aspects of the transaction, in particular expert knowledge within fuel, lease, ash, etc."

"High level of industry knowledge combined with legal excellence. Quick turnaround."

"Highly experienced and in-depth expertise in relation to the unique issues relating to the development and construction of a new-build nuclear generation capacity."

 

Project finance          

"Well-coordinated team, accessible and pragmatic."

 

Restructuring

"Responsive, commercial and well equipped to respond to complex technical legal issues. Great at shepherding different stakeholder groups. Do not shy away from difficult conversations and a great team to work with."

"Very knowledgeable and comfortable with subject. "

 

Restructuring and insolvency          

"Friendly team and easy to engage with."

"Very diligent, impressively responsive and a pleasure to deal with."

"Very experienced sector and structure experts. "

"Very responsive and very clear in their advice. Clear expertise across the team. Able to field sector experts. "

"Worked seamlessly with company's legal adviser. Assessed the issues, are providing focused input and avoided further complicating the issues."

Bracewell

Bracewell has offices in London, Dubai and the United States.

 

Focusses / specialisms  

The firm has a focus on work in the energy sector and actively serves clients on project development matters in energy, infrastructure and power. The firm is also active in bank lending on the sponsor side.

 

Key clients

The firm’s key clients include Africa Oil Corporation, Amandi Energy, Beacon Offshore Energy, Black Gold Consulting, Fieldwood Energy, Independent Oil and Gas, International Petroleum, Sequa Petroleum, SierraCol Energy, Storegga Geotechnologies, Tailwind Energy and Yemen LNG Company.

Burges Salmon

Bristol based firm Burges Salmon is an independent law firm in the West of England.

 

Focusses / specialisms  

The firm is active in private equity work, capital markets, investment funds and M&A. The firm’s sector strengths include transport, energy, hotels and food and beverage.

 

Key clients

Key clients of the firm include Hermes GPE, Syntegra Capital Investors (ex Soc Gen team), Ipex Capital, Braavos Capital GP, DeaconCapital, Pygmalion Capital Advisers, QSix, Praesidium SGR, SQ Invest and Hamilton Hotel Investors.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Borrower side

"Proactive attitude."

 

Bank lending : Lender side

"Proactive, commercial, flexible, quick to respond. Explain legal speak in an accessible way."

 

 

Insolvency

"Great technical knowledge and accessible team that will go out of their way to give you the best possible advice. "

 

"Personable, approachable and very knowledgeable. "

 

"Very pragmatic and commercial in approach and advice, and very responsive to requests."

 

Restructuring

"Provided pragmatic and expert advice on the issues and the areas where focus was required."

 

Restructuring and insolvency

"Good senior involvement on cases. Commercial advice and approachable."

 

"Proactive and technically strong - form strong working teams to deliver excellent results."

Cadwalader Wickersham & Taft

Cadwalader Wickersham & Taft is one of New York’s oldest law firms and has a presence in London.

 

Focusses / specialisms  

Cadwalader has a focus on financial restructuring work and is also active in the structured finance and securitisation space.

 

Client Feedback: 31st edition (2020/2021)  

Asset finance

"Very high level of attention to detail. Fully responsive, engaging and helpful in negotiating positions with counterparts."

 

Bank lending : Borrower side

"Always clear and insightful advice, fully considering all aspects of a UK investor borrowing local to the UK or into European jurisdictions."

 

Bank lending : Lender side

"The whole team is extremely knowledgeable and very pragmatic. They rapidly build good working relationships with borrowers and their counsel to achieve results that work for all parties."

"Commercial, client-focused solution-oriented approach to all aspects."

"Highly professional, very quick in response."

"Strong team with deep knowledge of the fund finance market."

 

Capital markets : Structured finance and securitization

"Extremely commercial, large bench, referent in CLO-related regulatory items."

"Trusted adviser and high level of experience - have worked with the individual for 11 years and moved with him when he joined Cadwalader."

All-round excellent, superior technical knowledge, great client service and very good turnaround times."

"CWT has a very deep knowledge of the European CLO market. They provide innovative and intuitive solutions to complex concepts requested by the collateral managers. They are readily available and are great at facilitating communication across parties in the transaction."

"Firm has a wealth of experience in the space and provides quality service and advice. They know the process of the CLOs well and hence can make the process quite seamless."

"I find CWT truly exceptional when it comes to structured finance work. They are in a league of their own in this field - or one of the top firms without doubt (I'd also rank Mayer Brown in the US as well). CWT provide considered advice throughout the life cycle of a deal, from structuring - origination through to close. Exceptionally helpful. Have good working relationships with the parties on the other side of a deal (which is really important as often lawyers can forget that the other side is our client as well). I can phone with any query and they are the most willing to help. Incredibly good value. Great strength across the whole team. The definition of a 'trusted adviser'. In many ways we consider CWT an extension of our own firm, which says it all really and sums up their value to us."

"They demonstrated a strong level of expertise and helped us throughout the structure of the terms. The firm also was instrumental at redrafting the structure throughout the process to achieve best possible outcome for company and the investor."

 

Investment funds

"It is well aware of market practices. It is very pragmatic and solution-making."

"Excellent at understanding the relevant market from a legal standpoint and applying this to their client's needs."

 

Investment funds: Real estate funds

"Advice is second to none on all fund structures and jurisdictions we've ever sought advice on."

"Good understanding of the suite of legal structures available for real estate and advice of which is more appropriate for different investors type."

"Recruited Mike Newell and his team from Norton Rose Fulbright."

"They recruited the Norton Rose Fulbright real estate funds team led by Mike Newell, and Matthew Duncan from Morgan Lewis."

"We engaged CWT for real estate funds because they hired Mike Newell and his team from Norton Rose Fulbright. We will engage CWT for capital markets because they hired Mathew Duncan from Morgan Lewis."

Cahill Gordon & Reindel

Founded in 1919, New York based law firm Cahill Gordon & Reindel has an office in London and Washington D.C.

 

Focusses / specialisms  

The firm has a focus on restructuring and insolvency work, and capital markets. The firm assist clients on high yield market work and represent clients in leveraged finance matters.

 

Key clients

The firm has working relationships with Citigroup Global Markets, Deutsche, Bank of America, iHeart Media, Credit Suisse, Morgan Stanley, Orleans Homebuilders and Falcon Investment Advisors.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Lender side

"Cahills have impressed by making an immediate impact in the market where others have tried and not been successful. They have supplemented a strong high yield franchise and bring a welcome new option in bank-bond deals."

 

Capital markets : Debt

"Very good. Forward leaning, insightful and result-oriented."

 

 

Capital markets : High yield

"Very insightful and experienced, analytical, solution-oriented."

Cooley

American international law firm Cooley set up a London office in 2015.  

 

Focusses / specialisms   

Key areas of work for the firm include equity capital markets. 

 

Key clients 

Key clients for the firm include Autolus Therapeutics, Bavarian Nordic, Bicycle Therapeutics, Immunocore, Endava, Pharming, RenalytixAIScancell, Silence TherapeuticsWizz Air Holdings, Zealand Pharma, Berenberg, Cowen & Company, Jefferies Group and J.P. Morgan. 

 

Client Feedback: 31st edition (2020/2021)   

Capital markets : Equity 

"Cooley were very helpful throughout the transaction and had a pragmatic and can-do attituded." 

"Fantastic ECM law firm for US securities law, represented by partner David Boles, covering all aspects, also including corporate governance. " 

Cravath Swaine & Moore

Cravath Swine & Moore is one of the premier New York firms operating in London and in-line with that its strengths lie primarily in New York governed capital markets issues, both debt and equity.

 

Focusses / specialisms

The firm’s strength undoubtedly lies in capital markets and high yield, unsurprising given the firm’s NY law bench strength. Other areas of focus for the firm lie in the technology and fintech sector.

 

Research period review: 31st edition (2020/2021)

During the research period, the firm was active in capital markets.

In capital markets, the firm advised debt, equity and high yield transactions. On the high yield side, the firm advised on bond issues. On the debt side, the firm worked for issuers in the finance sector. It also advised clients on registered note offerings in the tobacco sector.

 

Deal highlights: 31st edition (2020/2021)

Goldstory LuxSE IPO

INEOS LuxSE IPO

 

Client feedback: 31st edition (2020/2021)

Capital markets : Debt

"Professional outfit. "

 

Capital markets : Equity

"Cravath are the highest quality US securities law advisers available in London. They have a bespoke offering which is not seeking to provide volume, cookie-cutter advice - they are the perfect adviser for the sophisticated client."

Crefovi

Boutique law firm Crefovi operates in London and Paris.

 

Focusses / specialisms  

The firm is active on a mix of corporate, private equity and restructuring work.

Debevoise & Plimpton

Global firm Debevoise & Plimpton has offices across three continents and is present in London.

 

Focusses / specialisms  

The firm has a focus on financial and corporate work and the firm has a strong investment management practice that includes investment work and private equity acquisitions and financings. Other areas of work include banking, investment funds and private equity work.

 

Key clients

Key clients for the firm include Albacore Capital, Allianz, All Seas Capital, Blue Water Energy, Boyu Capital, Development Partners International, ICG, Oaktree, Novum Capital, Pantheon, 17Capital, Deutsche Bank, Goldman Sachs, ING, Investec and SMBC.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Sponsor side

"Good market knowledge - responsive."

 

Capital markets

"Deep knowledge of the industry."

 

Financial services regulatory

"Their knowledge of the PE market is unparalleled. Their regulatory advice is always commercially interpreted and applied because they are close to the industry groups (eg BVCA, Invest Europe etc)."

"Very strong European private funds regulatory team. Excellent knowledge of changes to legislation and market norms. "

 

Investment funds: Private equity funds

"Excellent depth across multiple jurisdictions and all areas of fund formation."

"Excellent pan-African legal knowledge and relationships; extensive restructuring expertise; high degree of familiarity with our firm's idiosyncrasies and way of doing business; extremely responsive."

"Responsiveness/commerciality/good market knowledge/provision of targeted combined UK/US advice."

 

Leveraged finance

"Efficient, effective, thoughtful, analytical."

 

Private equity

"Value-adding advice, very sharp and responsive, pleasant to work with."

 

Restructuring : Corporate

"Professional, deep knowledge and experience. Highly ethical."

Dechert

International firm Dechert, has more than 900 lawyers across the globe. The firm opened its London office in 1972 and now has over 160 lawyers in the London office.

 

Focusses / specialisms  

The firm advise clients on a broad spectrum of structured finance, derivatives and securitisation transactions. It is perhaps best known in the UK for its debt capital markets and funds work, particularly work relating to sovereign debt issues. The London team is best known for its work on debt capital markets, private equity and investment funds work.

 

Key clients

Key clients for the firm include Fondazione Enasarco, Athene and Cheyne Capital Management (UK).

Fieldfisher

Fieldfisher has 24 offices across 11 countries. The firm has a network of offices in France, Germany, Ireland, Italy, Luxembourg, Netherlands, Spain and the UK.

 

Focusses / specialisms  

The firm focuses on derivatives capital markets work and has industry knowledge on securities lending, asset management and structured derivates work.

 

Key clients

Key clients for the firm include Baillie Gifford, Bank of America, Cantor Fitzgerald Europe, Citigroup, Commerzbank, Danske Bank, Deutsche Bank, Goldman Sachs International, ICBC Standard Bank, Intesa Sanpaolo, Jefferies International, JP Morgan, Landesbank Baden-Württemberg, Nomura International, Rokos Capital Management and Société Générale.

 

Client Feedback: 31st edition (2020/2021)

Bank lending : Borrower side

"Committed to getting the job done within the timetable. Flexible in light of late changes. Explained issues well. Able to discuss in the big picture as well as at the minute detail. Cost-effective and sticks to the fee quotes."

"Competent, advising, helpful, follow-up, keeping track."

 

Bank lending : Lender side

"We have always found that turnaround time is excellent and if there is a target date to work towards this is always met. The advice they provide is always balanced and detailed. As well as being efficient, the approachable nature of our main contact ensures things run smoothly. "

 

Banking and finance

"Typically our main contact is Toby Price. Toby has the required level of expertise to assist in most areas and, if appropriate, will always find other skilled employees where necessary. Working with Toby is always positive and he is always available."

"Pragmatic and commercial approach with a deep understanding of our business. Good communication and prompt response times."

"They respond quickly and have extensive knowledge on each subject at hand. They are also very easy to work with even though English and English law is foreign to us. Our initial meeting with the firm was great and we felt welcomed and prioritised even though we are a minor financial institute in another country. When seeking advice on questions regarding AML it is necessary to receive practical feedback in order to formulate policies, establish routines etc. External counsel usually give very sweeping advice but the firm supplied us with the necessary information to meet the requirements of the FCA. Regarding questions on capital requirements, the regulations are usually very difficult to interpret and apply on our day-to-day business. Fieldfisher provided specific and practical advice on a tight deadline."

 

Capital markets

"Expert common-sense advice you can rely on, sound judgement, very personable and easy to work with, responsive and excellent value for money."

"Pleasant to work with, detailed, prompt and exemplary work product."

 

Capital markets : Derivatives

"Driving settlement process, connecting settlement parties; developing substantiated and convincing offer calculation models in a very fragmented and factual context, eventually enabling far apart parties to find common settlement ground"

 

 Capital markets : Structured finance and securitisation

"Responsive, market awareness and good at sharing know-how and developments."

"Well-thought-out plan with a whole solution rather than 'we can do these bits and you will need someone else to look at those bits'."

"This is a full-service firm which makes life easier for us as clients as they can draw on their extensive resources in all aspects of structured finance. Alex Campbell, partner is not only technically strong, but very well-positioned with all top industry players. "

 

Financial services regulatory

"Focused, direct, responsive - good advice and timely."

"Good global network of their own branches supplemented by local practices where required. Ability to coordinate and navigate through these networks. Prioritisation and ability to work to deadlines."

"Good mix of people and skills from different backgrounds. The practice does not merely rely on the ability of the partners but has several associates with excellent technical knowledge and abilities. "

"Impressively fast turnaround times to requests for assistance; quickly putting together the right team to advise us as directors in a complex emergency situation; hands-on practical and reassuring guidance to legal laypeople. "

"Quality of knowledge, advice and client communication. "

"The advice was considered, commercial and quick. It was well thought through and went beyond the obvious points at issue. It was also delivered in a low-key, reassuring manner which at a stressful time was much appreciated!"

"The advice we received was well researched, provided in a very clear way for non-specialists to understand. Every action that we requested was completed in a timely manner with a great deal of sensitivity and understanding of the complexity of our situation."

"Their ability to construct a compelling and thorough legal defence based on verbal interviews with staff was impressive. The partner leading the work was a pleasure to work with."

"Their personal approach is positive and they are specialists in areas of dispute resolution and fraud financial crime."

"They have an excellent network of their own offices supplemented by partners in various countries. This effort was coordinated centrally and undertaken swiftly. They took the time to understand and shape the brief, saving time and money in the process. Where challenges arose, there was considerable creative thinking to resolve them."

"Efficient and effective service, with quick access to partners and sound administration back -up. Legal opinions are well written and in plain language. "

"Very effective and efficient service, responses are tailored to provide a client solution in a clear and concise manner based on a knowledge of our business. "

"Excellent expertise in this legal area, very responsive and client-focused, very well-structured advice with all essential points covered."

 

Investment funds

"The lawyer that we used, Kirstene Baillie, is very knowledgeable in the field and provided us with helpful guidance."

"Good, sound advice."

 

Investment funds: Private equity funds

"Understanding our requirements and what matters to us, then implementing in a speedy and efficient manner."

"Strong collaborative approach, outstanding commercial attitude, willingness to deal with the numbers as well as the words, strong tax support. They had a drive to get things done but never lost sight of the needs of the company founders."

Fried Frank Harris Shriver & Jacobson

Headquartered in New York City, Fried Frank established its London office in 1970. The firm now has over 500 lawyers globally.

 

Focusses / specialisms  

In the London market, the firm is best known for its work in banking, investment funds and private equity with evident strengths in finance work along with private equity and investment funds work.

 

Key clients

The firm has built client working relationships with AEA Investors, American Securities, Blackstone, Citadel Investments, Goldman Sachs, Accel Partners, Balderton Capital, Cambridge Innovation Capital, Copenhagen Infrastructure Partners, Crescent Capital Partners, Greencoat Capital, Kennet Partners, Mid Europa Partners and OpCapita.

Gibson Dunn & Crutcher

Founded in Los Angeles in 1890, Gibson Dunn & Crutcher has over 1,300 lawyers in 20 offices across the United States, the Middle East, Asia and South America. The firm’s London office has been in the market for over 30 years.

 

Focusses / specialisms  

The firm has a focus on private equity, M&A and capital markets. The firm has US and UK capabilities in these areas, focusing on mid-market work. The firm also work on the buy and sell side of leading private equity funds for financial sponsors.

In the banking space, the firm’s focus is on advising borrowers and sponsors on acquisition financings.

 

Key clients

The firm regularly work with Apollo Global Management, Blackstone, Brookfield, Centerbridge, Investcorp, CITIC Capital, Lone Star and Platinum Equity.

Gowling WLG

Gowling WLG operates in the UK, the Middle East and Africa. 

 

Focusses / specialisms   

The firm has a key focus on project development and project finance work, and is busy across the energy, natural resources and digital infrastructure sectors. 

 

Key clients 

The firm’s clients include BacanoraBushveld MineralsBrockwell EnergyAMEA PowerGas and Electricity Markets AuthorityStatkraft MarketsGuarantCoKansai Electric Power CorporationCo-operative EnergyHighview PowerSumitomo CorporationDepartment for Business, Energy and Industrial StrategyEnergy Storage AfricaAlmar WaterOctopus Renewables Infrastructure TrustAllied Irish BankTriple Point Energy Infrastructure CompanyGravis CapitalBioenergy Infrastructure Group and Investec Bank. 

 

Client Feedback: 31st edition (2020/2021)   

Banking and finance 

"Concise and clear communication. User-friendly to access. Background knowledge of partner." 

 

Investment funds 

"Clear advice, commercial, cost-effective, supportive and patient." 

 

M&A 

"Excellent quality, punching above its weight and good value." 

"Sector-specific knowledge. Responsive. " 

 

Private equity 

"Commercial grasp of the key issues and problem-solving."

Greenberg Traurig

Greenberg Traurig was founded in 1967 and established its London office in 2009. The firm has over 80 lawyers working in the UK and globally.

 

Focusses / specialisms  

The firm has a focus on banking, capital markets, M&A and restructuring work.

 

Key clients

The firm’s clients include The Bank of New York Mellon, Deutsche Bank, Global Loan Asset Services, US Bank, Invesco, TMF and Fabrix Capital.

 

Client Feedback: 31st edition (2020/2021)  

Capital markets

"Knowledge and experience."

 

Insolvency     

"Very fast response time, quick comprehension of the task with helpful supplementary suggestions on how to proceed, technically/legally top-notch."

 

M&A

"Detailed, high energy, legally/technically very strong, commercial, strong attention to detail."

"Extremely professional, high-quality, detailed advice, commercially insightful in respect of local market issues and international interpretations and implications. Very flexible in absorbing peaks in work and always exceeding clients' expectations."

"Business-like/commercial, responsive."

"Creative, proactive, commercial and fast. "

"Highly commercial and engaged, strong technical expertise and awareness of market practice in US and UK in particular. Very strong US network and links to firms in Latin America."

"The lawyers we worked with were available at all times and steered us through the entire process. I appreciated their attention to detail, responsiveness, and 'just right' explanations of issues and choices available to us in negotiating the deal."

 

Restructuring and insolvency

"Clear, commercial advice backed by strong technical analysis - restructuring team very good communications skills and a pleasure to work with on a project which had demanding deadlines."

King & Spalding

King & Spalding has over 1,100 lawyers across 23 offices globally. The firm is headquartered in Atlanta, but has a presence in Europe, the UK and Asia.

 

Focusses / specialisms  

The firm has a focus on financial service regulatory work and is well known for its work in the energy, oil and gas sectors. Banking and finance, projects and M&A are also areas of activity in the London office.

Kirkland & Ellis

Kirkland & Ellis is an American law firm, founded in Chicago. The firm has across North America, Europe, the UK and Asia.

 

Focusses / specialisms

The firm is active in high yield capital markets, bank lending on the sponsor side and real estate funds.

 

Key clients

Key clients for the firm include Advent International, Alteri, Altor Private Equity, Apollo, Ardian, Bain Capital, BC Partners, Carlyle, Centerbridge Cinven, EQT, GoldenTree, Hg, KKR, Lion Capital, Lone Star, Madison Dearborn Reuters, PAI Partners, Partners Group, PSP, Sun Capital, SK Capital, Strategic Value Partners, TDR Capital and Triton.

 

Client Feedback: 31st edition (2020/2021)  

Investment funds

"The law firm is extremely professional, has an immense wealth of experience, unmatched client servicing, an impressive network, extremely sharp and hard-working lawyers, high integrity, as well as a unique ability to structure and manage complexities practically, and align stakeholders whilst being first-class in representing and defending its clients' interests."

 

Restructuring

"Very knowledgeable and reliable. Always on top of the deal."

Macfarlanes

Macfarlanes is a London based law firm with lawyers working solely across the UK.

 

Focusses / specialisms  

The firm is active in financial and corporate work, where private equity is a key area of work for the firm.

 

Key clients

Key clients for the firm include Aberdeen Standard Investments, Alchemy Private Equity, August Equity, Caledonia, Charme Capital, Epiris, Exponent, GHO Capital, Graphite Capital, Hayfin, JC Flowers, Keyhaven Group, OpCapita, Origin Equity Group, Silverfleet Group and Waterland Private Equity.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Borrower side

"Extremely helpful. Technically excellent. Good sector knowledge. Communication/updates are excellent. Fair pricing."

"Highly responsive to requests, work well under pressure to tight deadlines, pragmatic and commercial in their advice and approach to handling other parties' legal representatives."

"Positive attitude, progressive approach to legal solutions, always contactable, exceptional legal and commercial advice."

"Strong leadership and engagement from relationship partner. Efficient and effective handling of the project to completion by wider team."

 

Bank lending : Lender side

"Extremely commercial, pragmatic and detail-oriented. Also able to move at speed to get deals over the line without compromising on quality or attention to detail. "

"Offer clear, formal advice as to the best way to act."

"The firm's client care is excellent - not just on the legal work itself, although that is excellent, but also in thinking about how they can assist more widely. "

 

Insolvency

"Excellent, technically good, communications skill, very good availability, easy to work with, commercial re fees."

"Very easy to work with, technically excellent, commercial re fees, work seamlessly across disciplines, communicate well."

 

Investment funds: Private equity funds

"Very commercial approach coupled with a deep technical understanding of all relevant matters. Solution-oriented approach and very good management of cross-border and similar issues. "

 

Leveraged finance

"High reactivity and ability to expand bandwidth to deliver under tight timeframes."

 

Private equity

"Hardworking, responsive and creative with regard to suggestions on how to solve problems."

 

Restructuring

"Provided pragmatic and commercial advice which is critical in restructuring situations, advising the board. They were very responsive and had consistent quality across their team."

 

Restructuring and insolvency

"Extremely professional, available and attentive. Turnaround times are second to none, often providing advice within hours, where required, and that advice was always clear and robust. "

"Macfarlanes demonstrated technical brilliance and commercial acumen, finding out-of-the-box solutions and avant-garde solutions in solving unusual issues, made more complex by the pandemic and the new world order."

"Strong commercial focus. Reactive to client requirements and quick grasp of the dynamics at play in any situation. "

"1. Active partner involvement and leadership throughout the engagement. 2. Very commercial. 3. Focused on their client's risks and priorities. 4. They try and find a solution through negotiations."

"The team was very responsive and paid great attention to detail."

Mayer Brown

International firm Mayer Brown has a presence in the US, Europe and Asia.

 

Focusses / specialisms  

Banking is a key area of work for the firm, specifically on the lender, borrower and sponsor side. The firm advise US and European banks, and key work includes lending work in the private equity sector and in asset-based lending. The banking team also handles cross-border financing transactions.

In capital markets, the firm is focused on high yield work where the firm highlights its capabilities advising on US, English and German law.

 

Key clients

In capital markets, the firm has working relationships with Klesch Group, Raffinerie Heide, Progroup, Wepa Hygieneprodukte, Deutsche Bank and Westbourne Credit Management.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Borrower side

"Technically very skilled lawyers, super-responsive, good industry know-how, highly client-focused."

Milbank

Milbank Tweed Hadley & McCloy has been active serving clients in London for over 40 years. The firm has over 140 lawyers across Europe, Asia and Europe.

 

Focusses / specialisms  

The firm is focused on M&A work.

 

Key clients

Key clients for the firm include National Bank of Greece, United Group, Otto Group, OneWeb, Park Square Partners, Badin Hill and Piraeus Bank.

 

Client Feedback: 31st edition (2020/2021)  

Investment funds

"Milbank brings a lot of experience in the cooperation and has a very structured way of approaching the matter. The number of resources assigned to the project is more than enough. Turnaround times are very quick and the quality of work impeccable. Milbank was able to guide us when necessary and shield us from pitfalls introduced into the documents by the other side. "

 

M&A

"Provides the full suite of services to the client (which is a tier #1 listed player), assisting them from A to Z in every request as part of this complex privatisation. They are extremely reliable and provide top-notch services. Always meet every deadline. Client asks for their inputs/contributions/thoughts every time they can because it knows they bring value-add in what they do."

 

Private equity

"Just perfect."

Morgan Lewis & Bockius

Morgan Lewis & Bockius operates in London and has offices across Europe and Asia.

 

Focusses / specialisms  

The firm has a focus on debt and equity capital markets, banking, financial services, M&A and project finance work.

In banking, the firm advise lenders, borrowers and debt investors on financing and restructuring matters, including syndicated lending, leveraged and investment-grade financings.

 

Key clients

Key clients for the firm include Pantheon, GSR Go Scale Capital, Abrams Capital, Ameriprise, Ares Capital, Argyle Street, Auramet, KKR, Colony, EH Global, Fidelity, Freeman Sprogli, GAM, Gores, Greenlight, GSO, Harbert, La Salle, Topaz, Metlife, OM Asset Management, PCP Far Point, Silver Pepper, SK Partners, Sound Point, TIAA-CREF, Triarii Capital and Weiss.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Lender side

"Speed, professionalism, high quality."

"Quick turnaround, proactive approach and high professionalism."

 

Bank lending : Sponsor side

"Innovative with counter-proposals. High level of responsiveness and strong negotiation talents area plus."

 

Capital markets : Debt

"They are very knowledgeable about and focused on the legal structure and most efficient approach."

 

Capital markets : Structured finance and securitisation

"Partner focus. Attention to detail."

"Very competent in the required role."

"Very competent in their area."

Financial restructuring

"Senior partner focus and ownership. Advocacy. Documentation control."

"We are mainly working with Ayesha Waheed. In pre-contractual stages, she had superb assistance/guidance in creating a legal SWOT analysis. She defines the game by catching all options and every possibility."

"Available on quick notice to help; able to immediately 'jump in' on a client matter; extremely knowledgeable, experienced and professional attitude towards documentation, quick turnaround times for drafts; able to understand the necessary balance between 'lawyering' a document and getting it to the form most fitting for client; very concise in identifying risks and communicating same to client."

 

Investment funds

"Oliver Rochman is an amazing lawyer and a superb human being. "

"Very knowledgeable, experienced, responsive, flexible, strong practice in UK and US."

"I appreciate the quality of the work, the refinement of the advice, and the encyclopaedic knowledge of Simon Currie."

 

Investment funds: Hedge funds

"Morgan, Lewis & Bockius provides thoughtful advice on the fast-evolving UK/EU regulatory regime. The counsel is always actionable and cost-effective. MLB's global reach is especially important for investment management, and we rely on the firm for coordinated counsel relating to China & Hong Kong, Japan, Singapore, UK, EU, US and the Gulf states."

 

Investment funds: Private equity funds

"Experienced fund formation lawyers."

"Knowledgeable and responsive."

"Oli Rochman is proactive and helpful. "

"Very proactive and helpful; insightful partner, Simon Currie."

"Extremely proactive, commercial, knowledgeable, personable and trustworthy partners for launching a new fund. This includes key terms, jurisdiction choices, new investor management and negotiation, as well as ongoing matters. "

"Overall, excellent commercially focused advice. Very responsive. Good experience at negotiating with large cornerstone investors. "

"They are extremely knowledgeable around market norms and a great sounding board to discuss both legal and economic terms with."

"The fund formation team is responsive and creative in their advisory approach."

 

Investment funds: Real estate funds

"There are extremely competent and strong technically speaking - really great teams to work with."

 

M&A

"They are responsive, pragmatic and supportive in the way in which they support clients. They generate great perspectives and are thoughtful about the relevance of these to client situations."

"Very commercial and responsive. Practical advice. "

"Tim Corbett is extremely smart, commercial, pragmatic, proactive."

 

Private equity

"Advice is highly commercial."

"Broad knowledge of the market practices with a focus on the investors' protection; ability to find pragmatic business-oriented solutions to solve legal issues; reliable staff."

"Friendly, accessible, good knowledge of the law, sophisticated solutions and strong brand. "

"ML team is extremely competent, has very good business knowledge. "

"I've been a client of Morgan Lewis consistently over the past 20 years, but had never used their London office before - I found the London lawyers to be professional and commercial in all respects - their ability to interface with and effortlessly use their partners in the US (where MSP and most of our investors are based) was extremely helpful and provided a business advantage in the transaction and for our consortium."

"Knowledge of the market, responsiveness, access to market-leading knowledge and experience. "

 

PPP/PFI

"Extremely knowledgeable about topics and very commercial."

 

Restructuring

"MLB is very quick to respond and provides very detailed feedback. They are good at finding solutions to problems rather than just saying NO. "

 

Restructuring and insolvency

"They do a great job of taking a lot of divergent opinions within the investor group and proposing a path forward. Great expertise in the subject matter and ability to protect our interests while finding a business solution. Clear, helpful communication and practical, thoughtful guidance. Very responsive."

Morrison & Foerster

Morrison & Foerster is an international law firm with offices across the globe including London.

 

Focusses / specialisms  

Strengths for the firm primarily lie in finance and capital markets and the firm has a particular specialism in advising on derivatives. The firm also advises creditors, debtors and other finance parties including banks and non-banks trustees. Other areas of work include advising distressed investors on hedge funds and private equity funds.

 

Key clients

Key clients of the firm include ING Bank and PwC.

 

Client Feedback: 31st edition (2020/2021)  

Project finance

"They are really professional in Infrastructure project finance. They provided us with much useful and detailed advice for loan agreement documentation. Their response was very quick and accurate."

Reed Smith

Reed Smith has offices across the US, Europe, Middle East and Asia.

 

Focusses / specialisms  

Reed Smith has a focus on banking work and capital markets. The practice also has steady workstreams across a variety of other areas including M&A, funds and restructuring. Energy, mining, media and transport are particular industry strengths.

 

Key clients

Key clients for the firm include Alpha Associates, Partners Group, Astorg, Helios Investment Partners, Chenavari, Cardinal Group, Crescent Credit, Kasada and Nova Capital. 

Ropes & Gray

Ropes & Gray is a US-based law firm and set up the London in 2010 which has now become one of the largest offices in the firm’s EMEA network.

 

Focusses / specialisms  

The firm’s strengths lie in debt capital markets, private equity and funds. The firm’s private funds team provide clients with advice on fund formation and fund transactions, including fund raising, joint ventures, co-investments, restructurings and structured secondaries.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Lender side

"Carol Van der Vorst is a credit to the firm, she can carry a transaction and cover a complicated structure with a clear understanding of what the banks will be concerned about."

"Carol Van der Vorst is a true asset to the firm. She provides sound advice and is a trusted adviser."

 

Banking and finance

"The banking and finance partners (Alex Robb and Jane Rogers) are excellent; they are technically very good and have a wide knowledge of financing structures as well as general market terms. They are also able to field a team of high-quality associates and can cope with multiple financings at the same time and sequentially. They really understand our business and our external financing terms - which is critical for us."

"Very high quality and client-focused firm. They bent over to accommodate our demands and worked tirelessly to achieve our objectives."

 

Capital markets : Derivatives

"Experts on buy-side capital markets issues."

 

Capital markets : High yield

"The partners at Ropes (Rob Haak on bonds) are experts in bond issuances. They work on multiple issuances as an institution and are familiar with trends and terms. The technical knowledge of the partners is invaluable, and they are able to work on straightforward refinancings as well as complex and structured notes issuances including for acquisitions/recaps and vendor financing notes (long-term capital to fund payment of short-term payables). They are able to field a large, high-quality team and can cope with multiple notes issuances, often being launched sequentially and/or with other senior secured debt, in a short space of time. The partners are incredibly responsive and are trusted legal advisers on bond issuances."

 

Financial services regulatory

"When they act for you they become an extension of your team and represent your best interests at all times."

Investment funds

"Subject-matter experts in AIFMD and marketing of non-EU funds."

 

Investment funds: Private equity funds

"Very client-oriented - pragmatic approach - ask the right questions."

 

M&A

"I found RG to be very thorough, experienced and diplomatic. The deal was far more nuanced than its size would lead one to believe. RG has the breadth and depth to help navigate a highly successful outcome. "

 

Private equity

"The Ropes team we work with is extremely responsive. Having worked with Ensono in the past, they have historic knowledge about our positions and preferences on matters and bring this to the table. They offer solution-oriented practical advice. While not turning away work if there is an option to partner with a lower cost structure firm on a matter, they are not shy to suggest it, which is helpful."

"The team is cohesive, collaborative and really understands the private funds market globally, so is able to provide state of the art advice in our sector. They are also very nice people. I also like that they facilitate various focused round-table working groups that I have found very useful."

Shearman & Sterling

Shearman & Sterling is one of the more established US firms in London and has an impressive bench strength in both English and US law qualified lawyers.

 

Focusses / specialisms  

Shearman & Sterling has a broad practice with strengths in banking and finance, debt capital markets, regulatory and M&A work.  The firm has strengths across most areas of financial and corporate work and in several practice areas a well-developed bench of talent.

 

Key clients

Key clients of the firm include CVC Capital Partners, EQT Partners, Cinven, BC Partners, DBAG, CapVest, Actic, Trill, Coller Capital, Oakley Capital, EMH Partners, Mid Europa Partners and Bridgepoint.

Simpson Thacher & Bartlett

New York based Simpson Thacher & Bartlett has over 10 offices globally and has a presence in London.

 

Focusses / specialisms  

The firm is active in banking where key work includes representing lenders and borrowers, the team advice under both English and U.S. law. The team also advice on transactions and products, including senior secured loans, second lien, mezzanine and other junior debt, bridge loans and high yield bonds.

 

Key clients

The firm’s key clients include Bank of America Merrill Lynch, The Blackstone Group, Blackstone Real Estate Partners, Bruin Sports Capital, Cinven, Cirsa Gaming, Credit Suisse, EQT, Goldman Sachs Merchant Banking Division, Intertrust and J.P. Morgan.

Slaughter and May

“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."

Sullivan & Worcester

Sullivan & Worcester opened its London office in 2013 and has been operating for over 25 years.

 

Focusses / specialisms  

Banking is a key area of specialism for the firm specifically on the lender side. The firm is active in trade and export finance. Primary areas of work include legal advice on trade, export and commodity finance transactions. Other areas of work include M&A work, pre-export financings, and work in the energy sector.

The London office’s primary focus is its market-leading trade and export finance practice and is the premium provider of legal advice in relation to trade, export and commodity finance transactions to major trade finance banks and other financial institutions, funds, corporate borrowers, agents and trustees, and national and international organisations.

 

Key clients

The firm’s key clients include Citibank, Deutsche Bank, Crown Agents Bank, International Trade and Forfaiting Association (“ITFA”), J.P. Morgan, Santander, Rabobank, Wyelands Bank, AMC Trade Finance, Satoshi Systems UK, Scipion Capital, Standard Chartered Bank, Standard Bank, Bankers Association for Finance and Trade (“BAFT”), UK Export Finance (UKEF), Nedbank CIB and Contracta UK.

Travers Smith

Corporate law firm Travers Smith is based in London.

 

Focusses / specialisms  

The firm focuses on work in the financial and corporate space. The firm advises on M&A, equity capital private equity funds and financial services regulatory work.

In capital markets, the firm advise financial institutions on IPOs and on block trades and tender offers. Work comes from the technology, fintech and retail sectors.

 

Key clients

The firm has client relationships with Numis Securities Limited, Investec, Canaccord and Peel Hunt.

 

Client Feedback: 31st edition (2020/2021)  

Capital markets

"Travers Smith is incredibly responsive and practical in their approach, which I appreciate greatly. They really understand our business and are thoughtful about what works best from both a legal perspective and a business perspective."

 

Capital markets : Derivatives

"Positive attitudes, exceptional experience and knowledge."

"The finance group is particularly strong at Travers with a broad cross-disciplinary work and the derivatives and structured products team is a top-tier specialist team within the group. I have found their advice to be conceptually rigorous, highly commercial and practical in its application. There is a particularly strong bench of junior partners and senior associates along with highly accomplished senior partners - I have always felt that work got attention and engagement at the top level of the practice."

"They are quick, always stick to deadlines, true professionals in the field. They provide clear, concise and business-oriented advice. "

 

Financial services regulatory

"Hardworking, reliable, professional, well respected - very knowledgeable, trust their judgements and work - expertise and know-how on private equity and venture capital matters is deep and highly regarded in the market - approachable, friendly and fun to work with."

"Great teamwork - with a senior partner leading a team of more junior (but very capable) lawyers. "

"It has enormous legal and practical expertise in the area, it has outstanding solicitors both at partner and associate level, it provides superb advice to clients, and gets the best possible results. "

"The Travers Smith team is completely seamless to work with. They feel as much in-house as any of my colleagues. They give clear advice, are extremely knowledgeable and understand what to spend time on and not, commercially."

"Very responsive, collaborative and knowledgeable about the EC."

 

Financial services regulatory

"Deep regulatory expertise with the ability to provide advice that is technically detailed and yet pragmatic and actionable."

 

Investment funds

"The team were a joy to work with, providing partner-led service with the support of a number of associates and trainees at crunch time. As a business we felt reassured that the team were experts in their various fields and confident in their advice. They were able to work with a wide variety of internal stakeholders and were quickly able to grasp risk appetites and concerns across the stakeholder groups. It was also refreshing to see such a heavyweight firm encouraging flexible working patterns for team members and recognising team members who had gone above and beyond for us as a client. "

"Knowledgeable, friendly and responsive."

"They are leaders in the investment fund space, offering on-point, calm and organised advice in a friendly and efficient manner."

 

Investment funds: Private equity funds

"High quality of staff."

"Responsive, pragmatic and commercial. Travers Smith have a good view and understanding of the UK PE market providing a clear picture of markets standards and best practice. "

"Travers Smith are extremely responsive and thorough in their advice. They know us well and that is reflected in the advice they give. "

"Sam Kay (partner) has considerable knowledge of the market and different investors. He is able to explain complex matters clearly and succinctly. He's very pleasant to work with, always available and very good at running projects through to completion. Stephanie Biggs is a fountain of knowledge on all things regulatory and has been a massive help over the last year, helping us navigate the complexities of marketing post-Brexit, moving to Luxembourg and handling SFDR disclosures. "

"They are responsive and professional."

Trinity International

Boutique law firm Trinity International was founded in 2006 and is based in London.

 

Focusses / specialisms  

The firm focuses on project finance, project development and banking work. The firm has a niche area of practice and advises clients on infrastructure transactions in emerging markets.

Industry sectors the firm receive work from include oil and gas, transport and infrastructure, mining, telecoms, thermal power and renewable energy.

 

Key clients

The firm has working relationships with Standard Bank of South Africa, Meridiam, Rand Merchant Bank, African Development Bank, DEG, Proparco, FMO, Africa Finance Corporation, Globeleq, Copperbelt Energy Corporation, Azura Power, Endeavor Energy, ENGIE, Voltalia, Scatec Solar and AP Moller Capital.

Watson Farley & Williams

Watson Farley & Williams was founded in London in 1982 and over 500 lawyers in 15 offices.

 

Focusses / specialisms  

Watson Farley & Williams is well known for its work in the aviation, energy and shipping sectors acting on capital markets work.

 

Key clients

Key clients of the firm include 88 Energy, Tower Resources, Coro Energy, Advance Energy, TORM, Aminex and Chesterfield Resources.

Weil Gotshal & Manges

American law firm Weil Gotshal & Manges is headquartered in New York and has on office in London.

 

Focusses / specialisms  

Strengths for the London office include M&A.

 

Key clients

Key clients for the firm include Highland Gold Mining, Sanofi, Eli Lilly, Kantar, Cobham, HM Government, Nissin and InPost.

 

Client Feedback: 31st edition (2020/2021)  

Bank lending : Lender side

"Weil are always responsive and provide exactly what we require. They have an excellent mix of technical skills and commercial outlook. "

 

Capital markets : Structured finance and securitisation

"Fast/responsive - flag current/upcoming legal issues/regulation."

 

Bank lending : Lender side

"Very commercial. Good at getting lenders comfortable on structuring points."

"Very responsive and have a good sense of where the market is at. Good at flagging risk areas whilst balancing this with what is achievable from a lender perspective in the current market."

 

Capital markets : Derivatives

"Responsive, good attention to detail and a common-sense approach."

 

Capital markets : High yield

"Very competent team. Highly available and listening to its clients' needs."

 

Capital markets : Structured finance and securitisation

"Excellent technical ability, good communicators, incredibly hard-working and responsive. "

"Firm has a wealth of experience in the space and provides quality service and advice. They know the process of the CLOs well and hence can make the process quite seamless."

 

Financial restructuring

"Weil have a dynamic and energetic team and Neil is a superstar within the market. They offer market-leading advice which is both commercial and pragmatic and they are one of the few city firms who have the skill set in the team, resource and capability to take on this complex restructuring work and really understand what is required to get these deals done. We worked across the firm to also receive excellent advice from the corporate, banking and competition teams to get the deal done. The corporate advice we received on the equity documents from Simon Lyell really stood out as pragmatic, cutting-edge on some of the issues raised and exceptional. "

"Lateral thought, uncompromising dedication to achieving results for us, restructuring expertise."

 

Investment funds

"Superior market knowledge in the sector - creative solutions/thinking - technical excellence - dedicated and responsive - fun."

"Weil are brilliant to work with. They are commercial, responsive, very pragmatic and exceptionally easy to engage with. The quality of their service never disappoints."

 

Investment funds: Hedge funds

"Very detailed work, strong project management, good negotiations."

Investment funds: Private equity funds

"As well as providing top-level legal advice, they provide high-quality strategic and commercial advice based on their extensive knowledge and experience of the private equity funds sector."

"Highly commercial, responsive, focused on quickly identifying and resolving key issues promptly and pragmatically."

"Professional and knowledgeable. Highly responsive and a strong team."

"They are extremely knowledgeable in private funds space from all aspects (terms, reg, tax), very professional, very quick to respond, their work is always perfect, they also always put the time in to come up with original solutions, not off-the-shelf."

 

Investment funds: Private equity funds

"Technically strong with sound commercial advice, worked extremely hard."

"Very commercial and pragmatic advice. Very available."

"Breadth and depth of service. Legal advice and commercial acumen. Marketing capability very powerful. Nothing too much trouble."

 

Leveraged finance

"Very broad knowledge of the market, great expertise. Good quality drafting and ability to address the major issues independently, thus allowing the client to focus only on major commercial points."

 

M&A

"James Harvey - the lead partner - is highly intelligent, diligent and responsive to our needs. His associate Martin Weatherston-Wilson is extremely detail-oriented and client-friendly. Our company is complex and both James and Martin have looked after our needs exceptionally well to date. We are now working with Jackie Cohen, the US partner, on a transaction in the US. She is also excellent."

 

Private equity

"Clarity, humility, calm and thoughtful advice. Always collaborative with strong communication skills and empathy."

"Weil Gotshal & Manges has delivered high-quality and timely work throughout the last two years of engagement, as you would expect from an elite law firm. I have been impressed with how they have managed the complexities/challenges of both Brexit and the Covid-19 pandemic during that time, and shown an ability to proactively and pragmatically adapt to changing circumstances. They have always demonstrated a strong understanding of our specific needs/corporate complexities when providing advice, rather than generic responses. They have been able to clearly explain legal complexities in laymen's terms to a broad set of stakeholders with varying existing knowledge. "

"Excellent on private equity transactions. Deal advisers not just for execution. "

"Very strong ability in UK/US insolvency issues which were necessary for this acquisition, coupled with corporate capabilities as good as any available in London."

"Outstanding work led by David Avery Gee. Whole team were incredible. "

"Simon Lyell is very hands-on and provides commercial and pragmatic advice that reflects our organisational risk tolerance. The team is strong at all levels of seniority and the support from Chris McLaughlin and the leveraged finance team on the debt side was exceptional and added significant value. Weil managed local counsel efficiently, kept to budget, and maintained a cordial working relationship with the other side's lawyers. "

 

Restructuring

"Capable of managing large groups of stakeholders and distilling complex concepts into concise advice."

"We have seen Weil representing creditors across the table in a first-class way helping work towards sensible restructuring solutions in the context of complex capital structures"

 

Restructuring : Corporate

"They successfully combine real commercial nous with innovative thinking to achieve the desired result, while demonstrating exemplary attention to detail."

 

Restructuring and insolvency

"Excellent worldwide restructuring process advice. Emphasis on UK, US, Germany and the Middle East in this case. Unbeatable intellectual horsepower."

"Firstly Andrew Wilkinson led the transaction, along with Clare Cottle and their teams. They were hugely instrumental in driving the transaction on behalf of all the other advisers. They provided strong leadership, hugely responsive and also creative when necessary."