The Legal 500 view: Consolidation and risk define UK legal market

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Coming off the back of a 2015 that saw a more robust deal market and greater levels of activity in the real estate sector, the 2016 edition of The Legal 500 UK reflects a legal market which has not experienced this level of growth since 2008. Our coverage of the UK regions illustrates the divergent approaches firms have taken to achieve that growth. Firms with a broad national reach sit hand-in-hand with advisers that have chosen to focus on a single-site approach in many areas.

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The Legal 500 view on EMEA – more ways than ever to skin a cat

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The shifting interests of international business are echoed in recent law firm moves across Europe, the Middle East and Africa (EMEA) and reflected in the recently published 2016 The Legal 500 EMEA, which added 15 countries to its coverage over the past two years to address growing interest in Africa, as well as the return of international work to jurisdictions such as Iran and Iraq.

Looking at EMEA results, two core themes emerge: a realignment of priorities among international practices and an emergence of firms positioned as the go-to contender for regional work.

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The Legal 500 view: more choice and competition defines market

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The UK legal market now offers more choice than ever, and this is reflected in the 2015 edition of The Legal 500, which has never seen more movement.

Specialist outfits with non-traditional business models are a credible alternative to classic full-service rivals. In dispute resolution, Quinn Emanuel Urquhart & Sullivan, Stewarts Law and Enyo Law have all moved up the rankings. Employment boutique Brahams Dutt Badrick French moves into tier one for senior executive work; tech and media-focused Cooley enters the rankings after its dramatic launch this year – while arbitration boutique Three Crowns ranks strongly again.

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Latham, Sidley and Skadden lead the US pack in Legal 500 research

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Often hailed as one of the greatest US success stories of the last 25 years, new research underlines the elevated position Latham & Watkins has attained in the world’s largest legal market.

The Legal 500 United States 2013 edition shows Latham as the highest ranked law firm judged by the total number of recommendations, putting the Los Angeles-bred giant ahead of a string of top Wall Street firms.

The 600-partner firm received recommendations in 55 practice areas. Recommendations are calculated by the research team of The Legal 500 based on client and peer feedback and the submissions of the firms themselves, and take into account multiple factors including track record in winning cases, the complexity of deals and innovation. Latham received 20 top-tier recommendations, including listings in areas such as capital markets (equity offerings and high-yield debt offerings), project finance (lenders and sponsors), energy (renewable and transactions) and telecoms and broadcast (regulatory and transactional).

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