International Firm of the Year
Submissions are invited from leading independent non-UK or US law firms – operating onshore or offshore – in mainland Europe, Latin America and the Caribbean, 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.
Strong performance from a mature firm in a mature market, William Fry leads the latest Irish Mergermarket M&A table by volume and lists a healthy catalogue of cross-border deals, including the largest M&A deal in Europe 2017 – Linde on its proposed $70bn merger with Praxair.
Miranda - HIGHLY COMMENDED
Diogo Xavier da Cunha
Despite a third of its partners defecting to a rival in 2015, Miranda has thrived. Revenues grew by 11% in 2017 thanks to its alliance member firms - to which a Cote D’Ivoire member was added last year. This takes the total to 18 in sub-Saharan Africa: often difficult markets in which Miranda continues to carve out a unique position.
Bär & Karrer
One of Switzerland’s dominant corporate firms, Bär & Karrer has managed to stay ahead through adaptability. For the firm, which added an arbitration team in Geneva at the beginning of 2017, the flow of deals was strong, with 29 completed transactions, valued at $13.4bn.
Already a market leader, Chiomenti has done well to adjust in a challenging legal market with the Italian economy largely stagnant for more than a decade. Revised governance, a multidisciplinary approach and practice diversification – including a new business units dedicated to white-collar crime and business integrity – have made sound commercial sense.
At 1,408 lawyers, continental Europe’s biggest law firm is getting bigger. The firm’s 3.1% growth overall includes a remarkable 81% expansion in its Latin America operations, while the firm has excelled in across the key metrics of strategy, financial performance, added value for clients, innovation, recruitment and diversity.
Matheson’s growth in Ireland, including across its strong M&A practice, has been surpassed by that derived from its international offices. The firm’s business strategy is best evidenced by the addition of its third US office in San Francisco to supplement its existing Palo Alto and New York offices.
José María Segovia
In the latest published figures (for 2016), Uría had a record year: firm-wide revenues grew by 5.8%, a rate nearly double its bigger Spanish rivals. The firm’s growing international client base (now 50% of the total), cross-border deal list and expanding Latin American operation confirm its market dominance.