Award Chambers & Partners

A Client’s Guide to the UK Legal Profession 2012: Banking & Finance

On an annual basis, Chambers & Partners conducts extensive research and analysis in compiling its objective list of talent available at the highest level of UK legal practice. Its research methodology has been independently audited and confirmed to be thorough, robust and complete.

In Chambers' 2012 review of legal talent in the area of Banking & Finance, our Firm is listed among the best in the UK.

Chambers' comments:

Banking & Finance: Sponsors

London Ranking: Tier 1

The Firm: Kirkland & Ellis is a leading firm when it comes to advising sponsors on acquisition funding, distressed investments and leveraged finance matters. Despite the challenging financial climate, the team has seen a healthy mix of work, including reorganising existing debt and new money transactions. The firm recently advised Bain Capital and Advent International on their successful £2 billion bid to acquire RBS WorldPay - one of the largest LBOs since the recent financial downturn.

Commercial Awareness: "They are incredibly commercial and their market knowledge is excellent. I consider them to be our 'in-house' law firm."

Key Individuals: John Markland co-heads the firm's European debt finance team. "He gives you the impression that he only ever thinks about your organisation," enthuses one interviewee. Ever prominent on the European finance stage, Markland recently acted on the highly complex restructuring of Jost Gruppe and also counts Mid Europa Partners and Sankaty Advisors among his clients. Stephen Gillespie is senior partner in the European debt finance team. He has substantial experience acting for sponsors and financial institutions on cross-border leveraged transactions and acquisitions, recently leading the team in the WorldPay acquisition. Sources repeatedly praise him for his outstanding commercial acumen. Philip Crump "can look at something quickly and produce advice that is absolutely on the money," say sources. With a loyal sponsor and hedge fund client following, he has developed a fantastic reputation in the area of multi-jurisdictional LBOs. Neel Sachdev's star is on the rise, with sources praising his ability to "anticipate exactly what we as investors need as guidance." He has amassed a broad range of experience advising financial sponsors on complex transactions across Asia, Europe and the USA, and counts Apollo Management and Bain Capital among his clients.

Reprinted with permission from Chambers UK, A Client's Guide to the UK Legal Profession 2012 — www.chambersandpartners.com.