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Competition 2017: Analysis

WWL: Competition 2017 is our most extensive look at the competition world yet, covering a total of 1,176 lawyers across 62 jurisdictions. The three major centres of competition expertise – the USA, Brussels and London – are home to more than half of our listed lawyers this year, while Germany, Canada, Australia and Brazil all feature more than 30 leading names. This year’s edition includes new listings for State Aid, highlighting highly regarded lawyers whose practice features a significant focus on EU rules surrounding governmental interference with competition. Additionally, we have expanded our Plaintiff listings to include plaintiffs’ lawyers from outside of the USA for the first time. The editorial below features the lawyers who secured the most nominations and votes in our research for Competition this year. It also covers the leading practitioners listed for State Aid.

Competition 2017: Economists Analysis

Who’s Who Legal’s Competition Economists chapter covers 342 of the best consultants, expert witnesses and advisers on economics in the world. They are hired for their work on complex mergers, investigations and disputes. In total, 142 firms have practitioners listed, but three firms stand apart in this area, with more than 20 practitioners listed each: Compass Lexecon, Charles River Associates and RBB Economics. Between them, their practitioners comprise over 25 per cent of those listed in the chapter. The individuals scoring highest in our research are mentioned below.

Competition 2017: Trends & Conclusions

The competition market has remained strong this year, with a number of high-profile deals subject to scrutiny. Meanwhile, the European Commission continues to be vocal on crucial competition matters. In addition, increasing levels of enforcement from authorities, and the recent rise in class action damages litigation, have resulted in a high demand for legal services. However, the market has also experienced significant challenges, most notably with the UK voting to leave the European Union in 2016, causing substantial uncertainty in both the UK and the EU. That said, practitioners we spoke to were wary of suggesting that the competition legal market would be adversely affected by such developments.

Project Finance 2017: Analysis

The latest edition of Who’s Who Legal: Project Finance is a comprehensive guide to the leading lawyers in the field worldwide comprising over 600 practitioners from 282 firms across 83 jurisdictions. Below, we highlight the most highly regarded individuals in our research this year. 

Project Finance 2017: Trends & Conclusions

As oil and commodity prices continued to recover, 2016 witnessed a growing focus on infrastructure work globally. Africa remains a hotbed of project activity, particularly in the power sector. Additionally, alternative sources of financing are becoming more and more sophisticated and are playing an increasingly important role in the market. As substantial political and economic shifts continue to dictate the landscape of project finance activity, the need for lawyers to adapt and diversify their practices is greater than ever. 

Competition - Future Leaders 2017: Partners Analysis

In this chapter, 372 outstanding partners are included from over 200 firms across 45 different countries. Below we highlight the leaders in each jurisdiction. 

Insights into the Indian Legal Market

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India, the world’s second-largest country in terms of population, and the third fastest-growing emerging nation, occupies a significant position in the Asian economy. A demographic explosion in the post-war years (catapulting the country’s population to over 1.3 billion people), a burgeoning middle class and an ambitious government led by Narendra Modi have done much to promote India’s appeal to domestic and international corporations. The country’s legal market remains the preserve of domestic full-service firms, many of which operate on a traditional, family-run model. Protective legislation is also in place to bar entry to foreign law firms. The restricted legal market remains a divisive issue with government officials, clients and lawyers seeking to open up the market to foreign competition. In late 2016, Who’s Who Legal travelled to India to meet some of the country’s leading lawyers and discuss developments in the Indian market.

Indian Law Firms: Overview

May 2015 saw India’s “Big Six” firms become seven leading players. The dissolution of the largest and most prestigious law firm, Amarchand Mangaldas Suresh A Shroff (AMSS), into two constituent elements – Cyril Amarchand Mangaldas and Shardul Amarchand Mangaldas – has had little effect on their fortunes, and both new firms occupy a leading position in the market, although the gap with their traditional competitors has narrowed. As the legal market is still closed to international players, domestic firms with national coverage dominate the landscape. This looks set to continue for some time as they continue to grow in both stature and expertise. Here we explore the leading firms in India.

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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.

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