There has been a marked increase in the use of arbitration and mediation as mechanisms of resolving disputes in Turkey over the last few years. With plans to establish an international arbitration centre in Istanbul, this is likely to remain a dynamic area within the Turkish legal marketplace. We identify 20 leaders in this field.
This year we recognise 301 of the leading commercial mediators, selected for their outstanding skills and experience in the area. Our research reveals that mediation remains firmly in the hands of individuals, small boutiques and, increasingly, barristers’ chambers. The only truly international mediation provider in our research is JAMS, which this year boasts 18 inclusions across Italy, Canada and the US. We also select the 10 most highly regarded commercial mediators in the world, three of whom hail from Brick Court Chambers in London.
In our 2013 edition we feature 46 more practitioners than last year, hailing from 49 countries. This growth is due to the spread of mediation around the world and the increasing sophistication of practitioners. Although mediation has become much more accepted in many areas of the world, mediators still face an uphill struggle to protect the key tenets of the process and mediations are becoming much more complex, international and specialised.
Our listings reflect the ever-increasing importance of competition law in the marketplace. With experts featured from 56 countries, our international research process demonstrates the breadth of competition expertise worldwide.
In our second edition of The International Who's Who of Asset Recovery Lawyers we pick out the seven top firms and 10 most highly regarded practitioners in the world. Appleby demonstrates its “market-leading capabilities” with seven lawyers selected for inclusion, followed closely by Walkers, which has six individuals recognised. Six leading lawyers also represent Herbert Smith Freehills, Hogan Lovells and London-based firm Peters & Peters. The UK bar is also strongly represented, with 26 "first class" barristers listed in this edition. 3 Verulam Buildings, Matrix Chambers and the Chambers of Andrew Mitchell QC all field a notable number of eminent practitioners.
In this section we select the seven firms who field the most lawyers to this edition and single out the 10 most highly regarded practitioners in the world. “Environment law giant” Hunton & Williams leads the research with 13 nominees included, six of whom are based in the firm's Washington, DC office. Followng closely behind are Sidley Austin and Latham & Watkins, who each have 11 leading practitioners selected for inclusion this year. Baker Botts makes its presence felt with eight listings in this year’s edition, all based in the US, and "prominent" international firm K&L Gates also fields eight lawyers, seven of whom hail from the US and one of whom is based in Hong Kong.
The international environment law marketplace has been up and down in the years since the global financial crisis of 2008, which is not surprising given that activity in the sector is heavily influenced by political and economic considerations. Whilst governments worldwide have been less motivated to pursue environmental initiatives as they prioritise the re-establishment of economic stability, there has been been a steady amount of regulatory work keeping top practitioners around the world busy.
Risk is inherent in doing business. In today’s difficult economic climate, the pressure on businesses and governments to deliver strong financial performance is undeniable. Within this environment, fraud, bribery and corruption often flourish. While views are divided on whether more fraud occurs in a downturn or whether it is simply more likely to be detected, work in this field has certainly increased. With this in mind, lawyers and law firms have expanded their practices and are beginning to market themselves as “asset recovery specialists” to compete for a share of the work.
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.