Submissions are invited from leading independent law firms operating either onshore of offshore in mainland Europe, Latin America, Asia, Australasia, the Middle East and Africa. Key factors taken into account by our judges include a clear demonstration of growing market share, a well-conceived business strategy, stellar financial performance, strong management, a successful recruitment and retention strategy and a significant client development programme.
2016 WINNER: Al Tamimi & Company
Essam Al Tamimi
At a time when many of the largest international players are reviewing their options in the region, Al Tamimi has consolidated its position as one of the most dynamic law firms in the Middle East. Over the past year, the firm’s assets grew by 18% and it has seen its revenue increase by over 25%.
In 2015 Arthur Cox demonstrated its dominance of the Irish corporate arena with roles advising Allergan on its $160bn merger with Pfizer,
the largest announced deal in Irish corporate history, and CRH on its acquisition of assets of Lafarge and Holcim for €6.5bn, the largest-ever acquisition by an indigenous Irish company.
Last year’s winner in this category continues to go from strength to strength. Garrigues continues to lead the Iberian market, with billings of €335.6m, up 2% on last year, and notable increases in revenue per lawyer (6.4%) and profit per lawyer (8%).
Sanctions, capital flight, a significant drop in investment activity and the overall economic slowdown have all affected the Russian market but, thanks to strong management, this firm achieved impressive results in 2014/15 in terms of financials, reaching its strategic goals, retaining talent and gaining strength in its priority areas.
2015 was an unprecedented year of international expansion for Caribbean-headquartered Harneys, firstly opening a representative office in Tokyo in July, followed by a combination with Bermudian firm Hurrion & Associates. On a roll, the firm launched a representative office in Shanghai in November.
Magnusson has continued to leverage off cross-referral work in the Nordic region to ensure strong financial performance and, with the firm launching its latest foreign office in Hong Kong in early 2015, the firm is now targeting developing trade routes between China/Asia and the Baltic Sea region.
Tobias Bürgers; Alexander Ritvay
As one of the strongest year-on-year performers in the German market over the last five years, with a compound annual growth rate of 11% between 2009 and 2014, Noerr continues to impress. As confirmation of the successful strategy pursued, Bürgers and Ritvay were re-elected for a further three-year term.