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UK Banking & Finance: Finding the Best Firm for You

Law Firms for Banking & Finance in the UK

When It Comes to Banking and Finance Laws in the UK, You Need a Legal Firm That Specializes in This Area. The First Step Is Finding One! This Post Will Help Guide You Through Your Search for the Best Law Firm for Your Needs!

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banking and finance
In this Article

A UK banking or finance lawyer is a specialist in the law that governs banks and lending institutions. These legal advisers1 can help you with any issue related to your bank account, including fraud, an overdraft, or a bounced check.

Are you having any banking issues? The last thing you want is to not use a finance lawyer and then find yourself left in the dust. In addition, they can assist with resolvig issues involving loans for cars, homes, and other major purchases.

Do you need an attorney for your banking needs? If so, keep reading to find out who the best law firms are for finance in the UK!

Rank #1. Allen & Overy

Allen & Overy is a corporation with a global presence. It’s a member of the UK’s Magic Circle2 of leading law firms. Allen & Overy advised on more transactional deals than any other law firm in the world in 2019, and was 1 of only 2 firms to cross the $1 trillion mark in deal value, with a total of $1.16 trillion.

Allen & Overy is the world’s 10th largest law firm by revenue as of 2019.

allen & overy

Rank #2. Clifford Chance

Clifton Chance is a member of the UK’s Magic Circle of leading law firms and an international law practice based in London, United Kingdom. It’s one of the top 10 legal firms in the world in terms of both lawyer count and income.


In 2020, the International Financial Law Review (IFLR) Europe Awards, which is part of the Euromoney group, honoured it as International Law Firm of the Year.

clifford chance

Rank #3. Latham & Watkins

Across professions and industries, Latham’s London office, which has approximately 500 lawyers, consistently ranks among the city’s best law firms. On landmark transactions, disputes, regulatory problems, provides professional advice, representation to rising and multinational enterprises, financial institutions, and private investors.

latham & watkins

Rank #4. Linklaters

Linklaters is a global law practice with its headquarters in London. It was founded in 1838 and is a member of the UK’s Magic Circle of leading law firms. They have over 2,800 lawyers working in 31 locations in 21 countries.


Linklaters was ranked the world’s 4th strongest brand in the 2021 Global Law Firm Brand Index.

linklaters

Rank #5. Ashurst

Ashurst is a well-known international law practice with its headquarters in London. It employs over 1,600 legal advisers in 27 offices across Asia, Australia, Europe, the Middle East, and North America, excluding from the United Kingdom.

ashurst

Rank #6. Milbank

Milbank has over 140 lawyers in London providing English and New York law advice on a UK, pan-European, Asian, African, and global scale. With first-class client care, it helps with financial justice.

milbank

Rank #7. White & Case

White & Case is a global law company with long-standing offices in today’s most important markets. It has the on-the-ground experience, cross-border integration, and a deep bench of local, US, and English-qualified lawyers to assist its clients. It aids you to work confidently in any market or across many markets.

Its distinctive solutions serve their clients’ most complex domestic and multijurisdictional dealings, through innovative approaches.

white & case

Rank #8. DLA Piper

DLA Piper is a global law practice with locations in over 40 countries across the Americas, Asia Pacific, Europe, Africa, and the Middle East.

It is made up of 2 partnerships – DLA Piper International LLP (UK) and DLA Piper LLP in the United States (US).

dla piper

Rank #9. Freshfields Bruckhaus Deringer

Freshfields Bruckhaus Deringer is a member of the UK’s Magic Circle of leading law firms and is considered the world’s oldest international legal company.

It was formed in 2000 when Freshfields in the United Kingdom joined with Deringer, Tessin, Herrmann & Sedemund in Germany and Bruckhaus, Westrick, Heller, Löber in Germany and Austria.

Freshfields Bruckhaus Deringer

Rank #10. Herbert Smith Freehills

Herbert Smith Freehills is a global law practice having offices in London, the United Kingdom, and Sydney, Australia. It was founded in October 2012, when Herbert Smith, a member of the “Silver Circle” of premier UK legal firms at the time, merged with Freehills, one of Australia’s “Big 6” law firms.

It’s considered one of the world’s most prestigious and selective legal companies, with a focus on dispute resolution.

herbert smith freehills

In Conclusion

It’s important for all law firms to understand the role they play in banking and finance. Whether it’s advising on mergers, acquisitions, or insolvency matters, this niche of law needs a deep understanding of these complex financial transactions.

In order to succeed as an expert within this area, you need specialised knowledge that can only be gained through experience with some of the most sophisticated legal cases involving high-risk investments.

It might be best to speak to your financial adviser if you may require legal assistance for a financial issue.

Reference:

  • www.leadersleague.com/en/rankings/banking-finance-ranking-2021-law-firm-united-kingdom
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