Following a round of tax reforms by the government, including the cancellation of the previously proposed phased corporate tax cuts, 2014 has proven to be an extremely busy year for legal practitioners. With compliance work a growth area for many, the pace of activity is unlikely to slow for the foreseeable future. In this chapter, 29 lawyers are featured.
Our new Private Funds publication comprises a total of 459 practitioners from 164 firms in 45 countries who are considered leaders in this field of law. In this section, we have highlighted seven onshore firms and three offshore firms as leading global players due to the high number of listings they receive. Dechert stands out for its impressive array of leading lawyers across the firm’s offices in the US, Europe and Asia; Kirkland & Ellis, Simpson Thacher & Bartlett and Proskauer Rose all deliver pre-eminent transatlantic offerings; Sidley Austin is a powerhouse in the US; and King & Wood Mallesons is strongly placed in Europe and Asia. Offshore firms represent a significant market share in our research, with Maples and Calder, Walkers and Mourant Ozannes standing out in particular. We also select the most highly regarded individuals in the world, including the top five lawyers in New York and London, as well as the five leading offshore practitioners.
The private funds sector has undergone radical change over the past few years. The decline in market liquidity during the recession and an increasingly strict regulatory environment has created a significant amount of uncertainty among investors and managers. Despite this, the cautious optimism observed in last year’s edition has turned into growth that promises the return of pre-crash figures in some sectors. In addition, the end of the AIFMD transitional period in July 2014 means that the industry can now get some traction, even if observers are still largely unsure how the market will evolve in this new environment.
With the benefit of over 17 years of research encompassing tens of thousands of votes from clients and private practitioners, as well as hundreds of hours of interviews with legal professionals around the world, Who’s Who Legal offers an overview of the recent trends and developments in the global banking legal market.
In this edition we select 494 leading practitioners across 71 countries who have been recommended by corporate counsel and other private practitioners worldwide.
Our first edition of Who’s Who Legal: Transport addresses aviation law and its three distinct branches, namely contentious, finance and regulatory. Our research also looks at key international trends in shipping law and their effect on the legal marketplace.
This year we have conducted research on the world’s leading shipping lawyers for the first time since 2010 and subsequently combined the findings with our in-depth aviation research, resulting in a book that comprehensively reflects the global scope of the transport legal market and identifies the leading practitioners and firms across the four distinct areas covered. We identify 1,262 practitioners from 533 firms and 76 countries as the leading lawyers in the field, following votes from clients and fellow private practitioners.
In this section we single out 10 leading international firms, four highly regarded national firms and a trio of top-tier specialist firms who are considered the most significant players in the Russian legal market according to our research, which includes feedback from thousands of private practitioners and in-house counsel around the world.
It is not possible to buy entry into any Who's Who Legal publication
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.