In this edition Who's Who Legal selects 511 practitioners from 240 firms across 70 different countries who are considered leaders in the field of banking law. Several firms stood out in our research due to the high number of listings they receive, with Clifford Chance garnering more than any other firm this year. The firm has 23 of its lawyers singled out, with its London office being especially well represented with 11 inclusions. Following closely behind is Allen & Overy, which fields 19 practitioners recognised across 10 of its offices, demonstrating the firm's impressive geographical reach. Sullivan & Cromwell and Linklaters both perform extremely well, achieving 10 listings each. We also identify the 10 most highly regarded individuals in the world, with Randall Guynn of Davis Polk & Wardwell achieving more nominations than any other practitioners in this year's research.
As the global economy begins to drag itself out of its slump, the aftershocks are still being felt acutely across the banking industry that played a large part in precipitating it. Financial institutions are squarely in the sights of regulators around the world, and are relying ever more heavily on the expertise of their outside counsel to guide, protect and advise them in the face of aggressive enforcement. The financing work that was so plentiful before the crash is showing signs of reigniting in certain parts of the world, and law firms and lawyers are refining their practices to meet this demand and to position themselves for potential work ahead.
This year, Who’s Who Legal has expanded its remit beyond regulatory lawyers to include those who work in the transactional arena and to better reflect the convergence of the telecoms, media and technology industries. In this section we single out nine firms that field the most practitioners to our research. Bird & Bird leads the way, with nine of its lawyers recognised, including our most highly regarded telecoms and media lawyer in the world, Colin Long. Following closely behind is Baker & McKenzie, which has eight individuals selected for inclusion, three of whom hail from the firm's London office. Seven lawyers from global powerhouse Freshfields Bruckhaus Deringer are singled out, and six other top firms each have five practitioners recognised. We also select the 15 most highly regarded individuals in the world who are based in diverse jurisdictions around the globe.
This year, Who’s Who Legal has expanded its remit beyond regulatory lawyers to include those who work in the transactional arena and to better reflect the convergence of the telecoms, media and technology industries. Having conducted hundreds of hours of interviews with private practitioners and in-house counsel, we whittled the list down to 343 individuals in 54 countries and from 214 firms. Compiling the observations from all the lawyers we spoke to, Who’s Who Legal takes a look at the key developments across the telecoms and media legal market over the past year.
This year, we identify 330 practitioners from 197 firms and 48 countries as the world's leading lawyers in the field of mining law. Norton Rose Fulbright leads our research with 11 practitioners recognised around the globe. Following closely behind is Australia-based firm Clayton Utz which achieves 10 listings. Canada is home to many of the best-represented firms in our research: Fasken Martineau DuMoulin has eight individuals singled out and boasts our mining lawyer of the year, Michael Bourassa. Cassels Brock & Blackwell also fields seven practitioners to this edition, and Stikeman Elliott, Bennett Jones and Blake Cassels & Graydon all achieve five inclusions. The Latin American market also performs very strongly with nearly half of our most highly regarded individuals in the world hailing from this region.
With the benefit of over 16 years of research and tens of thousands of votes from clients and private practitioners, as well as hundreds of hours of interviews with legal professionals worldwide, Who’s Who Legal takes a closer look at developing trends in the global mining market.
This year, we identify 397 practitioners from 152 firms and 43 countries who are considered leading lawyers in the field of private funds. Seven firms stand out in research due to the high volume of practitioners they have recognised in this edition. Maples and Calder is once again the best-performing firm in our research with 14 listings across six different jurisdictions, followed closely behind by Walkers with 13 inclusions. SJ Berwin, newly combined with King & Wood Mallesons, also fields 13 individuals, with its London office being especially well represented with six lawyers garnering recognition. Debevoise & Plimpton and Sidley Austin prove themselves to be key players in the market with 12 listings each. Kirkland & Ellis and Simpson Thacher & Bartlett have 10 of their practitioners recognised, with the latter's contingent including three of our most highly regarded individuals. We also single out the 10 most highly regarded onshore and offshore lawyers in the world.
The private funds sector was undoubtedly a major casualty of the global financial crisis and in the difficult years since it has been unclear if activity would return to the levels seen pre-crisis. The market continues to be “dysfunctional”, as lawyers and general partners adapt their roles to dramatically increased regulation in the sector. Lawyers have found that their advice to clients now requires a higher degree of specialisation, with compliance and regulatory guidance occupying a larger proportion of their practice.
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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.