Who’s Who Legal brings together three of the leading practitioners in the world to discuss key issues facing specialists today.
Marc Bartholomy and Anna Krutik of Clifford Chance take an in-depth look at the Russian real estate market.
"The Russian real estate market continues to be of great interest to domestic and foreign investors, and, as such, the sector is expected to continue to be busy, but there will likely be more medium-sized deals in commercial real estate than extraordinary headline transactions."
The status of gateway cities such as London, New York and San Francisco as “safe havens” has led to an influx of foreign investment, creating frenzied activity among investors competing for limited real estate opportunities. With this sharp rise in activity, law firms are turning their attention to staffing needs and reassessing their position in the market – resulting in a dynamic legal marketplace over the last year as some firms bolster their real estate practices and others quit the market for good.
In this section we single out the leading firms and practitioners in our research.
This year, we identify 695 lawyers from 347 firms and 35 countries who are considered leading lawyers in the field. “Global giant” DLA Piper leads our research with 25 of its practitioners recognised in this edition from 12 different jurisdictions. Thirteen individuals from Clifford Chance stand out this year, with the Frankfurt office being particularly well represented with four of its partners recognised. “Leading” global firm Linklaters boasts the inclusion of 11 lawyers, 10 of whom are based in Europe, and US firm Ballard Spahr achieves 10 listings. A further five top firms are also recognised.
We also singled out the most highly regarded individuals in the world in this field.
Our research this year indicates that the international real estate market is very much a mixed bag. We received extremely varied reports on levels of activity, availability of capital, types of investors and lenders and the state of the legal market. Though the global picture is fractured and there is great variation between and within jurisdictions, the majority of those we spoke to were keeping busy and remained hopeful that the year ahead could bring further improvements.
With the benefit of over 14 years of research and tens of thousands of votes from clients and private practitioners, Who’s Who Legal takes a closer look at developing trends in the real estate legal marketplace worldwide.
In this section we anlayse the findings of our research in greater depth to identify the firms and practitioners who stand out worldwide.
This edition lists 629 real estate law experts in 40 different jurisdictions, all of whom can be considered leaders in their field. Our international real estate law firm of the year DLA Piper LLP places more lawyers in this edition than any other firm, with a total of 26 listings from 14 offices across Europe, Asia, the Middle East and the USA.
The last time Who’s Who Legal examined the real estate markets in June 2009 we signed off our analysis by noting the decline of the real estate department as a major fee earner in full-service law firms.
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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.