According to the results of the study of the TOP-25 UK law firms, it was established the companies were engaged in the following practices (areas): M&A, Tax law, Banking and financial law, Capital markets, Wealth management, Real Estate, Labor, pension, insurance law, IP (intellectual property) and Technology, Infrastructure, Litigation, GR, Pro Bono, Antitrust, Restructuring, bankruptcy, International Arbitration, Compliance.
The most common practices were the following:
A study of the activities of UK law firms showed that the share of legal services rendered by the TOP-25 companies in the Banking and financial law area accounted for 14% of all legal services.
In this area, the following law firms provided the greatest number of services:
|Banking and financial law|
|1||White & Case||16%|
|3||Simpson Thacher & Bartlett||11%|
|4||Slaughter and May||8%|
|6||Cravath Swaine & Moore||5%|
The first place in the area of banking and financial law by services provided goes to the company White & Case (16%).
The company advised the following banking institutions and large companies on banking and financial law: Japan Bank for International Cooperation (JBIC), Goldman Sachs, four systemic Greek banks - Alpha Bank, Eurobank, Gamanet, Concordia, Siberian Bank Anthracite, IFC, UniCredit Bank, Kiko, Amplifon, Banco BPM, Seadrill, CVC Capital Partners-Led Investment Consortium, Amigo Holdings, Arion Bank and Kaupthing, Deutsche Bank, JP Morgan, Crédit Agricole CIB, Corsair Capital, WernerCo.
The second place is taken by Ashurst (12%). The company advised the following agencies: Siccar Point Energy, Ophir, Oxford Properties Group, SKG Financial Holdings, Digital Colony, EmergeVest, Renewi, Värde Partners, OMV, ICG, EnQuest, BlackRock, Arla Foods, Evercore Partners, JP Morgan and Nomura, Peel Hunt , HSBC, Rabobank and RBS, Agilitas, GFG Alliance, NatWest Markets plc, Lloyds Bank plc and Ulster Bank Ireland DAC, Ares Management, Commerzbank, Landesbank Baden-Württemberg, Bayerische Landesbank Oberösterreich, Interfax.
The third place was shared by two companies - Simpson Thacher & Bartlett and Milbank (11% each).
Simpson Thacher & Bartlett advised: Blackstone, KKR and BlackRock, Stonegate, PHC Holdings Corporation (formerly known as Panasonic Healthcare Holdings Co., Ltd.), Testa, JPMorgan, Río Energy SA, UGEN SA and UENSA SA, Barclays, Intertrust NV, Telereal Trillium, Schenck Process, ChemChina, Cognita, Openlink Financial LLC and Hellman & Friedman, JP Morgan Chase Bank, NA, Melrose Industries PLC, Stonepeak, KKR.
Milbank advised: Apleona, Attica Bank SA, JPMorgan Chase Bank, NA, Goldman Sachs International, BNP Paribas, Citigroup Global Markets Limited, Mortgages, Radisson Hotel Holdings AB, Designer Brands, Eldorado Resorts, Inc. KKR and Pemberton, KAEFER, K-sure, ROSCO Porterbrook, CELSE, Goshawk Aviation Group, etc.
The fourth place in the direction of banking and financial law belongs to the company Slaughter and May (8%).
Clients of the company that were accompanied and/or advised on Banking and financial law include the following: Global Infrastructure Partners (GIP), Draper Gain Investments Limited, Nordea Bank AB along with Citibank, NA, London Branch and Skandinaviska Enskilda Banken AB, Premier Oil plc, GKN plc, Redrow plc, Rolls-Royce plc, UK Asset Resolution Limited and Bradford & Bingley plc, BBA Aviation Plc, Premier Foods plc, Standard Chartered, NewDay Cards, Kuwait Foreign Petroleum Exploration Company, CEVA Logistics AG, AngloGold Ashanti, NewDay Cards, Derwent London plc.
In the fifth position goes the company Dentons (7%).
Company's clients include the following : DBS Bank Ltd, Scottish Widows, Atom Bank PLC, Metro Bank, HSBC, Citigroup Global Markets Limited, Goldman Sachs International, The Toronto-Dominion Bank, mBank SA, Lloyds Bank plc, C & C Group plc, Tenaga Nasional Berhad, Lloyds Bank plc, Lee Kim Tah-Metro Jersey Limited, Vitol, Virgin Atlantic Airways Ltd, HSBC Bank plc, Societe Generale.
The sixth position in this direction is occupied by three companies - Cravath Swaine & Moore, DLA Piper, Linklaters (5% each).
Cravath Swaine & Moore's customers include: European Investment Bank, Credit Suisse, HDFC Bank Limited, Citigroup and NatWest Markets, BBVA, Citigroup, J.P. Morgan, Morgan Stanley, Santander and Scotiabank, AXA and others.
DLA Piper's customers include Global Digital Finance, Proparco FMO and Société Générale, James Hardie Industries, Autohellas SA, Cellulant Corporation, Goldman Sachs, FMO.
Clients of Linklaters include the following companies: Triton Knoll Offshore Wind Farm Limited, Green Investment Group (GIG), Cerberus Capital Management, LP, Asset Resolution, Santander and Nord LB, Credit Suisse AG, London Branch, Credit Suisse Securities (USA) LLC, Jefferies Finance LLC, Morgan Stanley Bank International Limited, BMO Capital Markets Corp. and Deutsche Bank AG, London Branch.
The seventh position in the rating belongs to the companies Clifford Chance and Sidley Austin (4% each).
Clifford Chance advised and/or accompanied such companies as: Permira, KfW IPEX-Bank, ING Group, SCOR, BNP Paribas, HSBC Bank plc, The Bank of Tokyo-Mitsubishi UFJ, Ltd., 3i, Equistone, Motor Fuel Group, Provident Financial plc.
Sidley Austin's customers include: Famar, Country Garden, China State Shipbuilding Corporation Limited (CSSC), Gilde Buy Out Partners, Five Arrows, TransUnion, Mid Europa Partners, United Energy Group, Tower Brook Capital.
Other law firms (Travers Smith, Hogan Lovells, Macfarlanes, Freshfields Bruckhaus Deringer, Kirkland & Ellis, Weil Gotshal & Manges, etc.), which were included in the research sample, together account for 12% share of activity in the sphere of Banking and financial law among the TOP-25 UK law firms.
The Top Pacers team presents the activity rating in the direction of Banking and Financial among the UK law firms that according to the results of our independent research are included in the TOP-25 UK law firms. The most active of the Top 25 UK companies in the practice of consulting and supporting banking and financial operations were included in the sample for the study.
The analysis was carried out based on the results of monitoring open sources, as well as calculating the amount of public information about support and consultations carried out by the UK law firms that participated in the study.