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Index of tables

  1. Banking and finance (including consumer credit) – Leading Sets
  2. Banking and finance – Leading Silks
  3. Banking and finance – New Silks
  4. Banking and finance – Leading Juniors

Banking and finance – Leading Silks

Banking and finance – Leading Juniors

Brick Court Chambers is ‘one of the very top sets, with excellent, approachable clerks who always seem available and flexible’. The ‘first-rateMark Hapgood QC is ‘the person to go to for weighty finance matters’. The ‘exceptionalMark Howard QC is ‘quick to understand even the most complex of issues’ and ‘without a doubt one of the best in this field’. The ‘extremely client-friendlyTim Lord QC is ‘a first-rate silk’. Richard Slade QC is ‘a great choice for difficult cases, where he will do his utmost to fight for the client’. Simon Salzedo QCwas an exceptional junior who deservedly took silk this year. A very deep and subtle tactician and an excellent lawyer’. Daniel Jowell QC is ‘particularly good at understanding and rationalising European legislation’. Jasbir Dhillon is ‘a careful, cautious and meticulous lawyer, with a good eye for detail’. Andrew Henshaw has ‘excellent attention to detail and is a first-rate draftsman’.

One Essex Court is ‘right at the top of the tree; the in-depth quality it has is probably unmatched’. The ‘absolutely phenomenalLaurence Rabinowitz QC is ‘a formidable legal talent who continues to be at the top of his game’. Lord Grabiner QC is ‘an obvious heavyweight’ and ‘a first-rate advocate’. Rhodri Davies QCis incredibly commercial and has a gift for anticipating how judges will think and how they will react’. Stephen Auld QC is ‘a confidence-inspiring leader who is a fantastic trial advocate’. Anthony de Garr Robinson QC is ‘an energetic leader with acute commercial and tactical awareness’. Alain Choo Choy QC is ‘excellent on complicated financial instrument and derivative cases’. David Wolfson QChas a profound knowledge of banking and finance law’. Hannah Brown is ‘excellent on the banking side of commercial company disputes’. Sa’ad Hossain is ‘an excellent junior, bright, hardworking and very personable’. Ben Strong is praised for his ‘excellent written work and ability to think around complex problems’.

Fountain Court Chambers has ‘some of the best names at the Bar in the banking and finance area’. Anthony Boswood QC is ‘hugely experienced and full of common sense’. Michael Brindle QC, who is representing the US trustee on the Lehman Brothers bankruptcy, ‘brings his vast experience and strong strategic input to large litigation in a down-to-earth and accessible manner’. The ‘extremely impressiveDavid Railton QC recently acted for the defendant in Haugesund Kommune v Depfa Bank. Raymond Cox QCcombines a fierce intellect with solid advocacy skills’ and quickly gets to grips with ‘technical banking issues’. Bankim Thanki QC is ‘top choice’ for complex financial markets issues. Richard Handyside QC is ‘extremely clever, very hardworking, very personable’, and Guy Philipps QCprepares terrific documents and is a first-rate advocate’. Andrew Mitchell QC is ‘technically outstanding and combines this with a high level of client focus’. Patrick Goodallkeenly appreciates the commercial pressures on clients’. Rosalind Phelps is ‘both impressive in conference and good on her feet’. Adam Zellick is ‘for his level of experience, an outstanding advocate’.

3 Verulam Buildings is ‘undoubtedly the leading banking and finance set’. Ali Malek QC is ‘a true world-class specialist in letters of credit cases’. Richard Salter QC is ‘a master of the detail, every fact is at his finger tips and his cross-examination is first-rate’. Adrian Beltrami QC is ‘extremely approachable, and excellent at seeing the wood for the trees’. Ewan McQuater QC is noted for his ‘excellent client-handling skills, robust legal analysis and outstanding advocacy’. Clients commend the ‘exceptionally brightJonathan Nash QC’s ‘uncompromising cross-examination’. Nicholas Elliott QC is valued for his ‘clear, concise, definitive and commercial advice’. The ‘supremely cleverStephen Phillips QC is ‘excellent in court and a delight to deal with’. Sonia Tolaney QC is ‘very bright, tenacious and formidable on her feet’. Richard Brent has ‘exceptional analytical skills’. Jonathan Davies-Jones is simply ‘the best junior at the banking bar’. Catherine Gibaud is ‘absolutely first class for finance litigation’. The ‘superMatthew Hardwick is especially recommended for Payment Protection Insurance (PPI) claims, where he has been defending numerous brokers and lenders. The ‘technically excellentJohn Odgers is ‘very responsive and a pleasure to work with’. The ‘very brightMatthew Parker is ‘excellent in cross examination’.

Considered one of the leading sets for financial regulation, Blackstone Chambers has ‘a number of members with excellent practices in this area’. Barbara Dohmann QC is ‘excellent to work with, and is a tough and able advocate when clients are in a tight spot’. Thomas Beazley QC is ‘an exceptionally strong performer and absolutely top of his game at the moment’. The ‘urbane and wiseCharles Flint QCis the pre-eminent QC in this area’, particularly for FSA-related matters. Andrew Green QC is ‘a fearless advocate who clearly thrives in the courtroom, but he is also good with clients and an excellent draftsman’. Javan Herberg QC is praised for his ‘excellent drafting’ and is particularly strong on financial regulation matters. Recommended for FSA enforcement issues, Ben Jaffeyprovides very focused and practical advice based on excellent legal knowledge plus good common sense’.

Essex Court Chambers has ‘an excellent reputation’ for banking and finance matters. The highly rated David Foxton QC has been involved in a number of significant banking disputes, including IMC v Barclays Bank and Deutsche Bank v Sebastian Holdings. Vernon Flynn QC is ‘a real favourite’, ‘happy to get his hands dirty and has a fantastic courtroom demeanour’. Clients and barristers praise the ‘intellectually extremely brightJoe Smouha QC. A recent highlight for Jeffrey Gruder QC has been advising the claimant in RZB v RBS over a claim for misrepresentation arising from a syndicated loan to Enron. Paul McGrath QC is ‘an expert courtroom bruiser with a good eye for the winning argument’. Edmund King has been very active, particularly on hedge fund related cases.

You pay for what you get and you get the highest quality of advice’ at Serle Court, which has ‘great strength in depth’. Elizabeth Jones QC is ‘a superb strategist and ferocious in attack’. Philip Marshall QCalways provides incisive and practical advice’, and has recently been very busy in JSC BTA Bank v Ablyazov. Nicholas Lavender QC is ‘a good tactician and advocate and extremely good on quantum issues’; his ‘expertise in banking and finance matters is first-rate’. David Blayney is commended for his ‘clear and unequivocal advice’. Andrew Bruce has a ‘thorough grasp of the law’, and his ‘paperwork is excellent’. Simon Hattanhas an impressive eye for detail’ and an ‘ability to think extremely quickly on his feet’. Geraldine Clark is ‘excellent with clients, and has a great ability to get the salient points with speed and efficiency’.

3-4 South Square has a superb reputation for insolvency work and this extends into major banking and finance matters. Robin Dicker QCcan be relied on to be fantastically well prepared and to identify all the arguments’. Dicker has been involved in numerous disputes arising from the Lehman Brothers collapse, including the ‘RASCALS’ trial. Antony Zacaroli QC is often ‘first choice on difficult financial restructurings’, and ‘an extremely effective advocate’. Barry Isaacs QC is ‘very user friendly’, and his ‘advancement to silk is richly deserved’. Ben Valentin is ‘technically excellent. He is also very client friendly, and well able to deal with a substantial matter without a leader’. The ‘extremely goodJeremy Goldring is ‘very hardworking and very personable’. David Allison has ‘excellent commercial understanding as well as legal knowledge, and his advice is always practical and decisive’.

20 Essex Street is ‘extremely impressive’, and according to one Magic Circle partner, ‘there is a greater depth of derivatives knowledge amongst the barristers in this set than any other’. ‘One of the absolute stars at the bar’, Iain Milligan QC, who has been advising the administrators of Lehman Brothers on several related matters, is ‘ferociously hardworking and committed, and is constantly coming up with new ideas and fresh ways to approach difficult problems’. Philip Edey QC has ‘oceans of intellectual fire power’. Thomas Raphael is ‘terrific, a star in the making’.

Henderson Chambers’ position as a leading set for consumer credit work was significantly enhanced by the arrival of William Hibbert and the ‘excellentJulia Smith from Gough Square Chambers. Among the silks, Richard Mawrey QC is a good choice for those seeking a ‘high-quality opinion from a barrister whose views hold some weight’. Dennis Rosenthal, who despite only being called to the Bar in 2009, is also recommended for advisory matters after a long career as a partner and consumer credit specialist at Berwin Leighton Paisner LLP.

The ‘excellentRadcliffe Chambers is highly recommended for consumer credit related issues. Praised for his ‘outstanding expertise and knowledge of building society law and consumer regulation’, Malcolm Waters QChas been at the forefront of the developing law and advising on groundbreaking transactions in the sector’. Mark Fell is also commended for serving clients well on issues relating to consumer products. Elizabeth Ovey is also highly recommended and has a strong niche in pensions work.

At Erskine Chambers, clients are quick to praise the ‘excellent’ Leslie Kosmin QC and Richard Snowden QC, who is considered ‘first class in his field’. Michael Todd QC is also ‘very easy to work with and extremely effective’.

At Gough Square Chambers, ‘the fees are fair and reasonable given the level of expertise, and the chambers as a whole has a deserved reputation for being experts in consumer credit’. Among the barristers, ‘there is rarely anything that Fred Philpott hasn ’t seen before’. As with most of the other barristers in chambers, Philpott is an expert in consumer credit law, and highly recommended for his advisory and advocacy work. Iain MacDonald is commended as ‘a very commercially minded counsel, which is a definite strength in the field of defendant Consumer Credit Act work’. Nevertheless, the set’s strength was reduced by the departures of William Hibbert and Julia Smith to Henderson Chambers.

Littleton Chambers is a ‘helpful and responsive’ set with a strong stable of banking barristers. Clive Freedman QC is praised for his ‘excellent technical ability and attention to detail’, and is ‘effective in cross-examination’. A recent highlight has been advising on Spreadex v Jeremy Barnes, a major spread betting related case. Richard Perkoff is ‘a pleasure to work with, with massive attention to detail and a commercial outlook’. Sam Neaman has also been very active on a number of cases for Lloyds TSB.

Outer Temple Chambers is particularly recommended for its regulatory expertise. Michael Bowes QC is highly recommended for financial services and regulatory issues and was recently instructed by the FSA on its first criminal prosecution for insider dealing, R v McQuoid and Melbourne. Richard Lissack QC is valued for his ‘very practical advice and strong regulatory nous’. Among the juniors, the ‘very user-friendlyNicholas Medcroft has ‘a thorough appreciation of both criminal law and procedure and also how banks work’. Oliver Assersohn has an ‘invaluable knowledge of the FSA disciplinary process’.

4 Stone Buildings is ‘very strong in relation to all restructuring, Chancery and financial services matters’. George Bompas QC is ‘a tremendously intelligent barrister with great analytical skills’. Robert Miles QC, who successfully represented the appellant CRC against Lehman Brothers International in the Court of Appeal, is praised for his ‘excellent intellect and advocacy’. Jonathan Crow QC is ‘one of the top advocates at the commercial Bar’.

At Wilberforce Chambers, Lawrence Cohen QC has a strong reputation and recently advised a number of financial institutions in the Caribbean. James Ayliffe QC recently represented the borrowers in Monte Properties Ltd v Bank of Cyprus, which settled two weeks into trial.

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