Linklaters elected Gideon Moore as the firm-wide managing partner in 2016 for a four-year term. His appointment marks the next phase of the firm’s development following previous managing partner Simon Davies’ move to Lloyds Banking Group. On his appointment, Moore said, “My job will focus on creating the best conditions for this firm to excel.”
PEOPLE AND PRACTICES
Linklaters is a “dominant player” in the global capital markets, using its global network of offices to assist clients worldwide. The broad practice encompasses debt, equity, structured finance and securitisation transactions and derivatives. Key highlights of the practice in 2015 include advising Bank of China on the listing of the first bond on the CEINEX and advising on US$1.5 billion sukuk issued by the government of Malaysia.
In London, Julian Davies leads the global project bond practice and founded the firm’s structured finance group and global securitisation practice. He is a “superb adviser” with “strong technical abilities combined with commercial acumen”. Andrew Malcolm heads the Asian capital markets practice specialising in equity and equity-linked securities issues in the Asian and European capital markets. Richard O’Callaghan is “thoroughly recommended” for his work on equity and equity-linked securities issues, while Herbert Harrer in Frankfurt specialises in IPOs, share capital increases and other capital markets work.
The finance practice at Linklaters is “stellar” with the team advising banks and other financial institutions, companies and governments on domestic and international bank financing transactions. Recent deals include advising Biffa Group on their £1.1 billion debt restructuring, Rio Tinto on its US$6 billion revolving credit facility and the lenders on the €655 million senior facility for the acquisition of Capio Sanidad by CVC Capital Partners.
The “incredibly talented” Philip Spittal has a broad banking practice encompassing syndicated lending, event, acquisition and leveraged finance, and property and development finance. Brian Gray co-heads the leveraged finance practice and his recent work includes advising the arrangers on the financing of Rhone Capital’s acquisition of Evonik Carbon Black. Nick Syson is a “top name” in the market and is recommended for his experience in leveraged finance transactions advising the arranger banks.
On the project finance front, utilises its global network to advise on cross-border transactions. Global head of project finance Stuart Salt has an “impeccable reputation” in the field. He has particular experience in the energy and infrastructure sectors. Jeremy Gewirtz is another key contact at the firm who has over 15 years’ experience in the field. He is co-leader of the firm’s energy and utilities group and heads the power and energy trading teams.
The firm has a “sensational” competition practice led by Sir Christopher Bellamy QC, chairman of the firm’s global competition practice, and Jonas Koponen, global practice head. Bellamy is a “standout figure” in the international competition bar, while Koponen in Brussels is recommended for his “deep insight into the market” and “ability to handle the most challenging of matters”. Michael Cutting is an “eminent lawyer” who provides “practical and solutions-oriented advice”. In Brussels, the “sensational” Gerwin Van Gerven focuses on merger control, anti-cartel enforcement and conduct investigations. Carsten Grave regularly advises on associated issues arising from mergers and acquisitions and distribution systems. He is a “leading name” in Germany. Jeffrey Schmidt specialises in merger issues, civil litigation and cartel enforcement proceedings, and brings to bear considerable experience from his previous role as director of the Bureau of Competition of the US Federal Trade Commission.
Each year Linklaters spends over 25,000 hours on pro bono matters for over 160 pro bono clients. The key themes of the practice are growing the capabilities of not-for-profit organisations and supporting local access to justice initiatives. The Paris office recently launched a foundation led by Anne Wachsmann-Guigon, partner responsible for cultural patronage policies, and Pierre Tourres, partner responsible for community education, in a move to further its commitment to public interest projects.
Linklaters sees creating a diverse and inclusive culture as a key business challenge and its goal is to foster an environment where individual differences are respected and valued, and everyone has the opportunity to excel. The firm is one of the founding signatories to the Law Society’s Diversity and Inclusion Charter in the UK, it is also a member of the Diversity and Inclusion in Asia Network.