01 Clifford Chance
It’s been a strong year for Clifford Chance, which saw global revenue of £1,350 million for the year – its second highest ever – representing an underlying 3 per cent annual growth. Offering clients a world-class service across its network, the firm is home to market-leading lawyers worldwide and is crowned our Global Law Firm of the Year. During 2015, the firm continued to focus on entrenching its strategy to be “the global law firm of choice for the world’s leading businesses of today and tomorrow”. Clifford Chance’s full-service cross-border capabilities are a key attraction to clients; of the firm’s 50 leading clients, 37 worked with at least 20 of its offices globally in 2015, and 46 of the 50 worked across all of the practice areas.
- Firm of the Year 2016
PEOPLE AND PRACTICES
Clifford Chance offers an integrated team of finance lawyers across major financial centres around the world, advising on the full spectrum of financial products. For the ninth time, we recognise Clifford Chance as our Banking Law Firm of the Year, yet the firm also performs strongly in our project finance, aviation finance, structured finance, Islamic finance and real estate research demonstrating its market leading finance capabilities.
Setting the firm apart from its competition in this field is its deep bench of lawyers across its international network. Mark Campbell in London is a particular standout in the banking research. With more than 25 years’ experience working in the loan markets, he acts for banks and borrowers in syndicated, leveraged and structured finance transactions. Nicola Wherity is also highly recommended for her experience in corporate banking. She advises the Loan Market Association on their primary and leveraged loan documentation and as such has a great insight into developments in the syndicated loan market. Singapore-based Andrew Brereton has vast experience working in the Asia Pacific region and is recommended for his banking and project finance work. He also leads the firm’s Indonesia working group.
Managing partner of Clifford Chance’s middle east region Robin Abraham is renowned for his project finance expertise. He is also “highly knowledgeable” on aviation finance matters and is a “highly sought-after adviser” in the region. Russell Wells in London is a project finance “guru” while Jeremy Connick is particularly active in the UK power generation sector advising on project finance and development. Anthony Giustini in Paris is recognised across three areas: energy, mining and project finance. He has “intrinsic knowledge” of Africa-related matters and is co-head of the firm’s Africa practice.
Head of the real estate finance team in London Andrew Carnegie has experience in cross-border real estate transactions and hotel-related work. He is “details-oriented” and “a pleasure to work with”. Klaus Minuth in Frankfurt advises on real estate transactions including large-scale portfolio and sale-and-leaseback transactions. He is an “incredibly gifted” lawyer whose “work is of the highest quality”. Paris-based François Bonteil advises on real estate M&A, private equity, finance and other services including commercial leasing and asset management.
Dispute resolution is a further focus of the firm. Roger Best in London is a specialist in regulatory enforcement proceedings and is greatly respected across our asset recovery, litigation and investigations chapters. Frankfurt-based Heiner Hugger garners recognition in our asset recovery, business crime defence and investigations chapters. He regularly defends companies and their staff members against investigations and advises on compliance and fraud-prevention measures.
The arbitration practice continues to be held in high esteem in the market and is home to some “world-class lawyers” including Audley Sheppard QC who serves as counsel and arbitrator in disputes arising from infrastructure and energy projects, international trade and investment. Global co-head of the international arbitration group Jason Fry in Paris is an “esteemed practitioner” whose experience includes acting in an ICC arbitration with an EPC contractor arising out of the alleged breach of an exclusivity obligation in relation to a power project in North Africa. He is joined in Paris by Simon Greenberg, who has extensive experience across a broad range of sectors including IP, technology, infrastructure, energy, post-acquisition and general commercial disputes.
Clifford Chance reported 59,793 hours of pro bono and volunteering work in its 2015 corporate responsibility report, at a time-cost value of £19.6 million. Additionally, 108 partners sit on not-for-profit boards. As the Official Law Firm of Rugby World Cup 2015, Clifford Chance brought the excitement to its communities in the form of a tag rugby academy and a tournament involving 300 students at which England rugby player Christian Wade presented the winners with their trophies. The firm also continued to work with its global pro bono partner Asylum Access which works to empower refugees in Africa, Asia and Latin America.
At Clifford Chance, people success according to their merits. The firm monitors diversity statistics closely and uses them to drive change. At present, 17 per cent of partners are female, while among other fee earners the figure stands at 47.1 per cent. The firm is committed to improving its gender balance and has recently begun encouraging partners to work from home when possible to increase flexible working at the firm.