The International Who’s Who of Commercial Litigators has brought together Alan Salpeter of Kaye Scholer, Des Williams of Werksmans Attorneys and Elizabeth Barrett of Slaughter and May to discuss the rise in popularity of alternative dispute resolution, levels of litigation, areas of activity and the impact of technological advancements on court processes.
Stefan Rützel, Stephan Wilske and Alexander Fritzsche of Gleiss Lutz look at collective redress mechanisms in Europe.
"Even where national law does not foresee special collective redress mechanisms or where they are not available for the particular case, litigants are exploring ways to bundle their claims."
This year, we identify 681 practitioners from 398 firms who are considered leading lawyers in the field. Six firms stand out in our research for fielding the highest number of lawyers to this edition. Hogan Lovells emerges as the leading firm with 11 lawyers recognised from its international network of offices. It is followed closely by Clifford Chance, Herbert Smith Freehills and Freshfields Bruckhaus Deringer, with 10 inclusions apiece. Completing the list are Davis Polk & Wardwell and Quinn Emanuel Urquhart & Sullivan, fielding seven practitioners each.
We also single out the 10 most highly regarded commercial litigators in the world.
Following the global financial crisis of 2008, the wave of related litigation that many predicted failed to develop. In the last two to three years, however, there has been a sharp increase in contentious work for practitioners, most prevalently in relation to financial, securities and insolvency litigation, according to our research.
European firms and practitioners perform exceptionally well this year, with five of our top ten most highly regarded individuals hailing from European outfits. Selected as the leading firm in the research for the fourth year running, Clifford Chance enjoys 13 listings, followed by Hogan Lovells with 10, the newly formed Herbert Smith Freehills with nine, and European powerhouse Freshfields Bruckhaus Deringer also with nine inclusions.
With the benefit of over 15 years of research and tens of thousands of votes from clients and private practitioners, Who’s Who Legal takes a closer look at developing global trends in the commercial litigation marketplace, exploring the problems faced by cost-conscious clients and the impact on ADR on the market.
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 commercial litigation marketplace worldwide.
In this section we analyse the findings of our research in greater depth to identify the firms and practitioners who stand out worldwide.
Who’s Who Legal reveals the leading firms and commercial litigators from 56 jurisdictions. Once again, Clifford Chance leads the field in terms of numbers with 13 of the firm’s practitioners listed from seven offices around the world.
As the global financial crisis begins to recede, it has become clear that the large-scale up-tick in disputes that traditionally accompanies a downturn has not materialised. There have been elevated levels of activity in some sectors, but “Don’t let anyone tell you that a counter-cyclical deluge has hit the top city firms,” a lawyer from a magic circle firm advises.
Fifty-eight individuals are included from eight jurisdictions in this chapter.
It is widely accepted that in a recession clients are more likely to pursue litigation.
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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.