Herbert Smith Freehills LLP > London, England > Firm Profile

Herbert Smith Freehills LLP > The Legal 500 Rankings

Corporate and commercial > EU and competition: trade, WTO anti-dumping and customs Tier 1

Representing major international companies and governmental bodies, Herbert Smith Freehills LLP enjoys a stellar reputation across the gamut of WTO and trade law areas, encompassing investment treaty arbitration, trade policy and agreements, subsidy control, sanctions and customs issues. Practice head Lode Van Den Hende has over 25 years experience in EU regulatory and international trade matters, regularly advising major public and private sector clients. Consultant Eric White is highly experienced in WTO law and EU rules governing trade with non-EU countries, which he brings to bear as he handles significant UK post-Brexit work. Sanctions specialist Susannah Cogman regularly advises clients on complex sanctions imposed in relation to Iran, Russian, Syria and Libya, while Daniel Hudson boasts extensive experience in bribery, corruption, and money laundering issues. Other names to note include Morris Schonberg, who has built a solid reputation for his experience in relation to anti-dumping and anti-subsidy investigations.

Corporate and commercial > Financial services: contentious Tier 1

Herbert Smith Freehills LLP‘s client roster comprises many of the best known financial institutions across the globe. Operational resilience, consumer duties and market disclosures are just some of the core areas of focus for the firm. Lauded expert Jenny Stainsby heads up the global financial services regulatory offering, with Hywel Jenkins taking the lead in London. The team has ‘seen it all before from both sides‘, and fields numerous practitioners with experience working for major domestic and overseas regulators, including Karen Anderson. Chris Ninan primarily acts on FCA and PRA enforcement actions, while Susannah Cogman operates at the intersection between regulatory obligations and criminal law. Andrew Procter now acts as a consultant for the department. In other team news, Jon Ford made partner in May 2023.

Corporate and commercial > Partnership Tier 1

Operating across the legal, financial and professional services sector, the ‘top flight’ partnership and LLPs department at Herbert Smith Freehills LLP offers a practice encompassing specialists in the disputes, corporate, employment, incentives, regulatory and tax field. The team is co-headed by corporate lawyer Malcolm Lombers, who offers extensive experience in handling large partnership structures, mergers, disposals for major accountancy firms and joint ventures, and Alan Watts, who is frequently instructed on high profile partnership disputes for hedge funds, global law firms, professional service firms and real estate organisations. Complementing their employment practices, the ‘capable and effective litigator’ Tim Leaver and the ‘brilliant’ Nick Wright handle contentious and non-contentious partnership work. Andrew Taggart’s expertise lies in disputes, investigations and appointments and exits of members and employees of LLPs, while Chris Bushell focuses on contentious matters particularly in the asset management space. Members of the firm’s tax group, Josh Lom and Isaac Zailer, specialise in advising on the structuring of taxation on partnerships, both in the UK and internationally.

Crime, fraud and licensing > Fraud: civil Tier 1

Herbert Smith Freehills LLP has ‘a long pedigree as a leader in disputes generally‘, with its civil fraud practice stated to be ‘unrivalled’. The team is particularly adept at handling multi-jurisdictional, high value and complex fraud cases, and specialisms include fraud cases in the cryptocurrency sector, as well as acting for sovereign wealth funds on misappropriated assets in different jurisdictions. Practice head Jeremy Garson is ‘one of the best in the business‘, and has recently been active in complex cross-border cases pertaining to allegations of unlawful and dishonest conduct, including bribery, dissipating assets and sham transactions.  ‘Stand-out partner‘ Natasha Johnson specialises in proceedings related to the financial services industry, including alleged financial misstatements, financial and consumer mis-selling and director misfeasance. ‘Outstanding‘ William Turner, specialist for fraud matters involving offshore trusts, as well as Chris Bushell and associate Heather Rankin are further key members of the team.

Dispute resolution > Banking litigation: investment and retail Tier 1

Herbert Smith Freehills LLP is the ‘leader of the pack in commercial litigation’ with wide ranging experience defending securities class actions and related group claims, advising leading domestic and international banks. Rupert Lewis is ‘strategically aware and client-friendly‘, and sits at the helm of the team, with a practice regularly acting for banks and financial institutions in high-profile, complex disputes. Damien Byrne Hill, global co-head of dispute resolution at the firm, also regularly acts for major financial institutions, alongside ‘excellent litigator’ Chris Bushell and Simon Clarke who has a ‘encyclopedic knowledge of banking law‘. Nic Patmore is another name to note.

Dispute resolution > Commercial litigation: premium Tier 1

The team at Herbert Smith Freehills LLP is the ‘top choice for litigation of significant value, strategic importance or complexity’, covering the whole gamut from general commercial disputes to more specialist areas, including insurance disputes, with a dedicated international arbitration practice. The firm is particularly well placed to see clients through the energy transition, and provides a comprehensive service for its clients through alternative legal services businesses within the firm’s international offices. Paul Lewis, previously the head of the insurance disputes practice at the firm, has recently replaced Damien Byrne Hill as managing partner of the disputes practice, with the latter returning to full-time practice. Alan Watts is another key name at leadership level, acting as the head of both global class actions, and UK commercial litigation. The ‘excellent technical knowledge’ of the team is thanks in part to dual-qualified Julian Copeman, Natasha Johnson, Andrew Cooke, and solicitor advocate Rachel Lidgate. Of counsel Catherine Emanuel is another key figure in the team, with specific expertise in class actions.

Dispute resolution > Competition litigation Tier 1

Stephen Wisking leads the ‘truly stellar‘ team at Herbert Smith Freehills LLP alongside Kim Dietzel. The group is regularly instructed to represent clients in cases concerning unfair terms and pricing allegations leading to collective actions, often appearing before both UK and EU courts. Wisking has an ‘excellent strategic mind‘, and is known for defending collective actions before the CAT, in addition to handling both standalone and follow-on claims; while Dietzel, praised for her ‘great judgement‘, focuses on all aspects of private enforcement, often appearing in the CAT as an advocate. Natalia Rodriguez was promoted to partner in May 2023, and has vast expertise in abuse of dominance matters and antitrust investigations. ‘Standout‘ senior associate Joe Williams acts in a number of regulatory appeals and CPO applications.

Dispute resolution > International arbitration Tier 1

With 'huge strength in depth in international arbitration', Herbert Smith Freehills LLP‘s London-based team has an enviable excellent track record in achieving arbitral awards, particularly in relation to energy disputes and investor-state conflicts. Global arbitration head Paula Hodges KC is 'a leader in the London market' for energy, telecoms and technology disputes; and Craig Tevendale heads the international arbitration group in London. Also integral to the firm's offering, Andrew Cannon leads the India disputes group; Chris Parker KC 'commands the respect and attention of the room'; James Doe is UK construction disputes practice head; and David Nitek specialises in the resolution of infrastructure, construction and engineering claims. Counsel Marco de Sousa and senior associate Louise Barber are also key team members. During 2023, former senior associates Hannah Ambrose and Charlie Morgan were both made partners, while of counsel Anuradha Agnihotri was recruited from Indian firm Trilegal, where she was partner.

Dispute resolution > Tax litigation and investigations Tier 1

Herbert Smith Freehills LLP‘s contentious tax team works within the firm’s full-service offering and has expertise in the full range of tax disputes. The group is active on behalf of prominent domestic and multinational clients and is experienced in key areas such as tax fraud and negligence. Department head Nick Clayton is a solicitor advocate and CEDR-accredited mediator who acts for financial institutions, corporates, and UHNWIs. Clayton is highly experienced in international tax matters, with expertise in both investigations and disputes. Michael Hunt advises on tax disputes across a range of sectors, including banking, energy, real estate and technology, and has experience at the First-Tier Tribunal, Upper Tribunal, and Court of Appeal. Senior associate Dawen Gao is described as ‘exceptional’ by clients.

Employment > Employee share schemes Tier 1

Praised for its ‘concise, relevant and commercial‘ advice, Herbert Smith Freehills LLP‘s practice is active across the remunerations spectrum, with key areas of focus being share plan and incentives related issues, including on major corporate transactions such as the recent reverse takeover of Shaftesbury plc, and corporate governance advice. Clients include blue chip listed and private companies, with the team advising a number of clients within the financial services sector. 'Stand-out employee' Paul Ellerman and Mark Ife, who is praised for his 'exceptional depth and breadth of knowledge', lead the team. Kiran Khetia is an expert on cash and share-based incentive arrangements, while Niall Crean has a notable focus on financial services remuneration mandates.

Employment > Employers Tier 1

Herbert Smith Freehills LLP advises on the defence of major multi-party claims before employment tribunals, as well as assisting with the non-contentious employment aspects of sales, mergers and insolvencies, including industrial relations and cross-border employee transfers. The team is led by Andrew Taggart, who has 20 years of experience in employment litigation, industrial disputes and corporate transactional matters. He is supported by Tim Leaver, who also has a mixture of transactional and litigious expertise. Further key names in the team include Christine Young, who heads up the firm’s employment-related data protection and data subject rights sub-practice, and the experienced Peter Frost. Senior associate and barrister Siân McKinley and employee outsourcing expert Jennifer Andrews are also integral.

Industry focus > Emerging markets Tier 1

Herbert Smith Freehills LLP is among the most active firms in emerging markets, and in 2022 alone its Africa and India practices alone were involved in more than990 and 331 client matters. 'What sets it apart is its dedication to emerging markets', notes one client, adding that the firm has 'a team of highly skilled attorneys who are well-versed in the legal and regulatory issues involved in these markets and are able to provide creative and effective solutions'. Martin Kavanagh, who is global co-head of the Africa Group, and up-and-coming partner Dhananjaya Chak recently advised Eden Renewable Cite Private Limited, a joint venture between Total-Eren S.A and EDF Renouvelables S.A., and its sponsors in connection with a $165m green term loan to finance a 300MW solar project in Rajasthan, India. William Breeze has extensive expertise in prepayment and pre-export finance transactions, and structured commodity trade finance. He acted for International Finance Corporation (IFC) and ING Bank N.V. in a $275m green loan financing to the Louis Dreyfus Company, for use by its Brazilian subsidiary. Head of global M&A Gavin Davies, global head of arbitration Paula Hodges, UK head of both the arbitration and energy practices Craig Tevendale, and global head of debt capital markets Amy Geddes are all firmly focused on emerging market work.

Industry focus > TMT Tier 1

Herbert Smith Freehills LLP is known for acting on high-profile TMT matters across M&A, joint ventures, IPOs, venture capital and foreign investment work. The practice is also well-versed in outsourcing transactions, IP litigation and data security. Veronica Roberts co-heads the team with extensive experience of working with the CMA, EU Commission and BEIS on competition law matters. Other co-head Nick Pantlin specialises in advising private and public sector clients on outsourcing and IT matters. Hayley Brady advises media and entertainment companies on content licensing, joint ventures and advertising issues. Jeremy Purton works on long-term technology-enabled transformation programmes.

Insurance > Insurance litigation: for policyholders Tier 1

Herbert Smith Freehills LLP‘s insurance and professional risks team ‘works incredibly hard, is extremely knowledgeable and has the bravery to make the tough calls‘. An associate partner for the UK Association of Insurance and Risk Managers, the team works on a wide range of complex issues impacting policyholders, including energy claims, cyber insurance and warranty and indemnity insurance. The last of these is a particular area of expertise for the ‘fantastic‘ Sarah McNally. The team continues to be involved in advising high-profile clients on business interruption issues arising from the COVID-19 crisis, following its success in the 2020 FCA test case concerning such claims. Paul Lewis heads the team, head of the firm’s global contentious insurance and reinsurance practice. Praised for its ‘ability to give sound legal advice at each stage’ of a dispute, the team has expertise in alternative dispute resolution, with Alexander Oddy leading the firm’s practice in this area, as well as advising on policyholder claims in the energy and natural resources sector both in the UK and internationally.  Greig Anderson is particularly experienced working for financial institutions; Fiona Treanor combines energy claim experience with technical reinsurance work.

Insurance > Product liability: defendant Tier 1

Herbert Smith Freehills LLP handles a range of matters  including major product liability disputes, class actions, large scale product recalls, client competitor claims and prosecution of advertising litigation. The firm also advises on regulatory compliance laws, risk management and regulatory insurance challenges. Howard Watson specialises in personal injury-related matters with civil and criminal liabilities arising from dangerous or defective products. He co-heads the team with Philip Pfeffer, who works on product liability regulatory issues. Partner David Bennett has extensive experience of major product liability class actions and product recall cases.

Insurance > Professional negligence Tier 1

Herbert Smith Freehills LLP has is instructed on numerous high-level instructions from leading firms. The firm also has a strong financial sector presence, reflected by a client list which includes numerous major banks, including National Australia Bank and UBS. William Glassey is experienced in defending solicitors, barristers, pensions actuaries, and property professionals in diverse subject matters. Paul Lewis specialises in disputes involving solicitors, insurance brokers, and pensions advisors. Sarah McNally regularly advises clients in construction, infrastructure, energy, and so forth. Antonia Pegden specialises in technical pensions and solicitor’s professional negligence.

Investment fund formation and management > Listed funds Tier 1

Herbert Smith Freehills LLP works with a market-leading roster of UK-listed clients, regularly handling the full complement of transactional and regulatory matters. Practice head Tim West is a specialist in investment fund work whose wide-ranging capabilities span fund launches, secondary raisings, and regulatory compliance reviews. Closed-ended investment funds specialist Nigel Farr is well versed in both public and private fund formation, while Nish Dissanayake is a regular port of call for clients seeking assistance with regulatory concerns. Other key figures include Shantanu Naravane, who regularly handles closed-ended listed fund work with a private equity or healthcare focus.

Projects, energy and natural resources > Infrastructure: Project finance and development Tier 1

Herbert Smith Freehills LLP works with blue chip clients on domestic and international mandates of an ever-growing scale, possessing deep asset knowledge that is balanced between renewables and emerging assets as well as carbon-producing energy. The firm is a key adviser on a number of PPP projects around the world, working closely with sponsors, lenders and governments on the financing, developing and structure of complex projects. Notable work includes project financing the NeuConnect Interconnector between England and Germany, negotiating the debt facility for waste-to-energy and battery storage developments in the UK,  and advising on a Hydropower project in Malawi. Martin Kavanagh is recognised for  his cross-border work, with experience in markets such as Uzebekistan, Nepal, Angola and Lesotho, advising on the development and financing of the full range of asset types. Matthew Job leverages more than 20 years of project finance experience to advise multinational companies and financial institutions on funding both brownfield and greenfield developments, working regularly alongside Silke Goldberg , who is highlighted for her clean energy, climate change and ESG know-how. Helen Beatty is well regarded for her wide-spanning and far-reaching practice , and is seen as a key driver in the group’s renewable energy and battery value chain offering. David Wyles left the firm in December 2022 to join Eversheds Sutherland (International) LLP.

Projects, energy and natural resources > Mining and minerals Tier 1

The ‘team of experts’ that comprises the mining practice group at Herbert Smith Freehills LLP is frequently instructed by high-end international mining clients across a full suite of matters, including transformative M&A transactions, project finance, and mine development, alongside dispute resolution and crisis management issues in the space. The team continues to devote much of its time to advising natural resources clients on critical ESG-related matters. Practice head Greg Mulley is vastly experienced in the space, excelling on public and private mining M&A in addition to business-critical issues including shareholder activism, financial distress and crisis management. Helen Beatty comes highly recommended for her ‘long expertise in the mining & minerals sector’ and excels on major project finance matters across the mining and energy transition sectors. Laura Hulett is a key name for cross border M&A, project finance and development, joint ventures and restructurings.

Projects, energy and natural resources > Oil and gas Tier 1

Herbert Smith Freehills LLP remains among the leaders in the space, well-recognised in the marketplace for its full-service capabilities in the oil and gas sector. In particular, the team excels on energy M&A work, alongside an emphasis on oil and gas financings – with particular strength acting for lenders, borrowers and project sponsors in upstream financings and complex upstream and midstream project finance work. Specialisms in HSSE, ethics & compliance, sanctions, construction, cyber, tech, tax and insurance bolster the group’s offering in the space. Practice head Lewis McDonald has significant experience throughout the energy value chain, particularly upstream oil & gas, LNG, power and renewables. Seasoned litigator James Baily is the go-to name on the team for contentious matters, with his experience including cross-border disputes related to major energy projects. Head of global arbitration Paula Hodges has over 30 years experience advising on international disputes in the space, whilst Reza Dadbakhsh focuses his practice on the oil and gas, LNG and power sub-sectors.

Projects, energy and natural resources > Power (including electricity, nuclear and renewables) Tier 1

Herbert Smith Freehills LLP is well-known for its abilities handling key financing and M&A in relation to renewable, conventional and nuclear energy both domestically and in emerging markets. Power and renewables is the focus of experienced team member Sarah Pollock, who focuses on these areas in relation to significant acquisitions and project developments. Silke Goldberg also has expertise in these sectors with a focus on climate change liability and litigation, whilst Matthew Job is finance-focused. In addition, the team is well-equipped to handle new tech in the sector, involving carbon storage and power generation, hydrogen, batteries and energy storage matters. The global co-lead of energy Lewis McDonald also leads the firm’s London-based power practice. Notably, Dhananjaya Chak, who has experience handling energy acquisitions in international contexts, was promoted to partner in May 2022. David Wyles departed to Eversheds Sutherland (International) LLP in April 2023.

Projects, energy and natural resources > Water Tier 1

Herbert Smith Freehills LLP‘s water team takes instructions on the full spectrum of issues, advising water companies on commercial matters, major projects, financings and regulatory concerns, while also acting for construction companies and investors involved in the water industry. Additionally, the practice also acts for water companies in disputes. Leading the practice are competition and regulatory specialist Tim Briggs, who also advises on procurement and state aid, and Malcolm Lombers, who handles water-related M&A. Kristen Roberts focuses on financing work, with a particular niche in debt finance, while Tom Marshall handles infrastructure transactions in regulated sectors.

Public sector > Administrative and public law Tier 1

An extension of the firm’s renowned disputes offering, the offering at Herbert Smith Freehills LLP spans all contentious and non-contentious aspects of public and administrative law, including judicial review, tribunal proceedings, government inquiries, and statutory appeal work. Jointly leading the practice are the vastly experienced Andrew Lidbetter and Nusrat Zar, whose combined experience covers an extremely broad range of key sectors including media, telecoms, energy, transport, utilities and financial services. Jasveer Randhawa is another key contact and trusted advisor to major commercial organisations and public bodies and regulators, while senior associate James Wood has developed a solid reputation for expertise regarding professional disciplinary investigations and freedom of information issues.

Real estate > Commercial property: corporate occupiers Tier 1

Praised for its ‘deep expertise across the real estate spectrum’, Herbert Smith Freehills LLP is particularly well-versed in big-ticket real estate transactions. With know-how of asset management, development, financing and leasing, practice head Jeremy Walden advises overseas clients with first time UK investments. Donald Rowlands is well-placed to assist clients with the corporate, property and taxation aspects of acquiring and disposing property, while Nick Turner leads the corporate occupiers space and caters to joint venture transactions, mixed-use developments and pre-letting transactions. Simon Elliot is often engaged in financing as well as landlord and tenant matters and Julian Pollock is sought out by inbound investors. Richard Forsdyke and Will Turnbull are geared for significant multi-phased development projects and head of the corporate real estate team Paul Chases is well-informed on development joint ventures. Shona Grey and Alex Wright are noted for their prowess in private equity transactions and Sebastian Taylor, as well as Kathyrn Coveney, were both promoted to partner in May 2022.

Real estate > Commercial property: development Tier 1

Praised for its ‘deep expertise across the real estate spectrum’, Herbert Smith Freehills LLP is particularly well-versed in big-ticket real estate transactions. With know-how of asset management, development, financing and leasing, practice head Jeremy Walden advises overseas clients with first time UK investments. Donald Rowlands is well-placed to assist clients with the corporate, property and taxation aspects of acquiring and disposing property, while Nick Turner leads the corporate occupiers space and caters to joint venture transactions, mixed-use developments and pre-letting transactions. Simon Elliot is often engaged in financing as well as landlord and tenant matters and Julian Pollock is sought out by inbound investors. Richard Forsdyke and Will Turnbull are geared for significant multi-phased development projects and head of the corporate real estate team Paul Chases is well-informed on development joint ventures. Shona Grey and Alex Wright are noted for their prowess in private equity transactions and Sebastian Taylor, as well as Kathyrn Coveney, were both promoted to partner in May 2022.

Real estate > Commercial property: investment Tier 1

Praised for its ‘deep expertise across the real estate spectrum’, Herbert Smith Freehills LLP is particularly well-versed in big-ticket real estate transactions. With know-how of asset management, development, financing and leasing, practice head Jeremy Walden advises overseas clients with first time UK investments. Donald Rowlands is well-placed to assist clients with the corporate, property and taxation aspects of acquiring and disposing property, while Nick Turner leads the corporate occupiers space and caters to joint venture transactions, mixed-use developments and pre-letting transactions. Simon Elliot is often engaged in financing as well as landlord and tenant matters and Julian Pollock is sought out by inbound investors. Richard Forsdyke and Will Turnbull are geared for significant multi-phased development projects and head of the corporate real estate team Paul Chases is well-informed on development joint ventures. Shona Grey and Alex Wright are noted for their prowess in private equity transactions and Sebastian Taylor, as well as Kathyrn Coveney, were both promoted to partner in May 2022.

Real estate > Construction: non-contentious Tier 1

Herbert Smith Freehills LLP, a developer-led practice, provides front-end project implementation advice across multiple sectors. Renowned for its expertise in the real estate sector, the firm delivers expert counsel on significant UK development projects. In the energy and infrastructure spheres, the firm’s insights extend to interconnector projects, renewable energy initiatives, and pioneering decarbonisation projects. Tim Healey, head of the team, offers strategic procurement advice and leads negotiations for high-profile development projects, particularly in sustainable construction and decarbonisation. Nicholas Downing offers vast experience on major domestic and international projects across the commercial real estate development, energy, transport and infrastructure sectors. Matthew Bool, who joined the group in April 2023 from Ashurst, where he was head of the non-contentious construction team, contributes his expertise in UK real estate development. Iain Suttie, of counsel, is highly regarded for his specialisation in major urban regeneration and infrastructure programmes within the transport and energy sectors.

Real estate > Planning Tier 1

The planning team at Herbert Smith Freehills LLP demonstrates ‘exceptional experience and expertise’ across commercial development and energy and infrastructure projects. Practice head Matthew White has a wealth of experience advising developers on the promotion of commercial regeneration schemes and mixed-use developments, working on projects across the UK and internationally. Senior associate Martyn Jarvis also advises on significant mixed-use commercial development projects. Catherine Howard has ‘capably led’ the growth of the energy and infrastructure practice, and the team is acting on an increasing number of solar DCOs. The group has a strong judicial review practice; Ben Hazenberg has experience in all aspects of contentious planning law and Charlotte Dyer has led on advising EDF Energy on the judicial review regarding the DCO for the Sizewell C nuclear power station. The firm is also advising on other developing areas within the planning space, including life sciences projects, data centres, and logistics; senior associate Ian Mack is taking a lead role advising Gatwick and Luton Airports on their DCO expansion plans.

Risk advisory > Corporate governance Tier 1

The corporate governance advisory team at Herbert Smith Freehills LLP is led by Gareth Sykes, who was promoted to partner in May 2023, and offers clients ‘exceptional depth and breadth of knowledge, with practical as well as technical understanding’. It acts for a broad range of FTSE 100, FTSE 250 and AIM-listed clients on AGMs, regulatory matters, board-level issues, compliance and ESG matters. Sykes advises listed and private companies on corporate law and governance issues, including reporting matters, continuing obligations under the Listing Rules, and shareholder meetings and directors’ duties. James Palmer and Ben Ward are also key practitioners, while Paul Ellerman handles employment-related matters, such as remuneration and incentives and associate Caroline Hagg deals with annual and climate reports.

Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 1

Demonstrating strong cross-border capabilities, the Herbert Smith Freehills LLP practice is ‘superb’ at advising on all aspects of corporate crime, including fraud, money laundering and bribery, for financial institutions and global companies. The team shows significant strength in the advisory sphere- particularly regarding sanctions and AML issues- and has significant experience defending clients in high-profile SFO, HMRC, and FCA investigations. Susannah Cogman is ‘one of the best in the area’, leading the group with her extensive expertise in anti-money laundering and financial crime matters, while the ‘world class’ Brian Spiro routinely acts for corporates on tax and corruption cases. Robert Hunt is an expert on compliance issues, and Kate Meakin handles fraud and sanctions affairs. Elizabeth Head and Jessica Chappatte  are also recommended. Daniel Hudson left the firm in April 2023 for Seladore Legal .

TMT (technology, media and telecoms) > IT and telecoms Tier 1

Herbert Smith Freehills LLP assists clients on all aspects of technology and outsourcing, from systems implementation and technology procurement to communications, data protection and cybersecurity. The practice is well-versed in handling disputes in addition to M&A transactions for disruptors and start-ups. The practice is co-led by Nick Pantlin, who specialises in multi-jurisdictional technology procurement, and David Coulling, who advises on joint ventures in the telecoms arena. Stephen Wisking is well-versed in competition, regulation and trade, with involvement in competition and regulatory cases, while James Farrell has experience in IT-related disputes. Jeremy Purton, who handles transactional and sourcing work, is another key contact in the group.

Transport > Rail Tier 1

Spearheaded by Gavin Williams, the versatile team at Herbert Smith Freehills LLP covers every aspect of the rail sector. It is skilled at handing the full spectrum of contentious and non-contentious matters, from advising on the development of new railway infrastructure and rolling stock procurement and leasing, through to advising on various regulatory matters. The group is also adept at advising on infrastructure management and operational issues. Tim Briggs frequently advises on the rail regulatory regime as well as on competition, procurement and subsidy control matters. David Nitek is a key partner in the construction and infrastructure disputes practice. Of Counsel, John Williams, has a vast array of experience in the rail sector. Williams is well-placed to advise on the procurement of rolling stock in addition to access/operational issues, and is also recommended for his advice on railway systems and franchise issues.

Corporate and commercial > Equity capital markets – mid-large cap Tier 2

Herbert Smith Freehills LLP is regarded as a ‘safe set of hands for any complex ECM transaction’. The ‘pragmatic and forward thinking team’ is well-known for its broad service offering that encompasses IPOs and secondary offerings across major stock exchanges, as well as its capabilities in SPAC and de-SPAC transactions and the emerging PIPE market. Head of US securities Tom O’Neill, who co-chairs the team, is a go-to name for corporate finance and securities offerings. Fellow co-head Michael Jacobs specialises in ECM, growth capital and M&A, with a focus on private equity, financial institutions and fintech-driven work. Dinesh Banani advises on IPOs, rights issues and secondary share placings, as well as debt capital markets transactions including bond offerings and structured financings. Other names to note include Sarah Ries-Coward, who is lauded as ‘consistently excellent in all respects’, and Thomas Vaughan - noted for his capabilities across the energy, oil & gas, real estate, and financial services sectors.

Corporate and commercial > EU and competition Tier 2

Herbert Smith Freehills LLP is lauded as the premier choice for some of the world’s leading global corporations, assisting clients on the full scope of competition and antitrust matters. Esteemed as trusted advisors to industry giants such as Google, Virgin Atlantic and Meta, the team showcases a specialisation in merger control work, investigations and state aid matters. Practice head Stephen Wisking has been involved in a significant number of competition and regulatory cases at EU and UK level. Susan Black is an accomplished antitrust practitioner and offers expertise across a spectrum of industries including pharmaceuticals, consumer products and financial services. Specialising in litigation and cartel cases, Kim Dietzel is a standout figure in the team, as is Suzy Campbell, who has been involved in some of the firm’s key work this year.

Corporate and commercial > M&A: Upper Mid-Market And Premium Deals, £750m+ Tier 2

Advising more than 130 LSE listed clients, the corporate and M&A lawyers at Herbert Smith Freehills LLP advise multinational corporations and private capital firms and are well known in the public M&A space, regularly working on high value UK public takeovers, auctions and bilateral deals. Recent highlights include advising National Grid on its £7.8 billion acquisition of Western Power Distribution. Spearheading the team’s M&A offering is Gavin Davies, who is ‘at the very top of the field,’ particularly in relation to cross border M&A and investments in technology, telecoms, financial services and industrial sectors. The ‘straight talking’ Caroline Rae helps clients ‘steady the boat through difficult areas’ including acquisitions, disposals, joint ventures and public takeovers, while Stephen Wilkinson focuses on high-value corporate transactions and governance matters. Mark Bardell is a ‘stellar professional’ and specialises in significant M&A and public company situations for blue chip corporates, offering experience as previous Secretary at the UK Takeover Panel. Heading the financial institutions transactions team is Alex Kay, who also offers expertise in the consumer and listed real estate sectors. Also of note is high profile M&A partner  James Palmer, who has returned to full-time client work after serving as firmwide chair.   Harriet Forrest, who advises on M&A involving both public and private targets and Heidi Gallagher are also recommended.

Corporate and commercial > VAT and indirect tax Tier 2

Herbert Smith Freehills LLP has a strong focus on the real estate, investment funds, and financial sectors, and it advises clients on the tax elements of UK and cross-border M&A and energy transactions, private equity mandates, and restructurings, as well as providing representation in tax disputes. William Arrenberg sits at the helm of the firm’s global tax practice and is especially skilled in VAT and SDLT matters regarding real estate transactions. Other key members of the team include corporate tax specialist Howard Murray, Casey Dalton, who has expertise in VAT work in the charity and not-for-profit sector, and Isaac Zailer, who has experience in both UK and international tax mandates regarding asset management.

Dispute resolution > Professional discipline Tier 2

Focused on high-profile and sensitive matters, the majority of Herbert Smith Freehills LLP‘s professional disciplinary instructions concern the financial, accountancy (particularly large-scale cases) and legal sectors. Clients additionally benefit from the practice's ability to leverage the firm's enviable public law credentials. Heading up the practice, Andrew Lidbetter's wide-ranging expertise incorporates accountancy, vets, and nursing and midwifery; fellow-solicitor advocate Nusrat Zar‘s experience includes acting for several accountancy regulators; and Will Glassey  specialises in representing professional firms and individual professionals in professional negligence claims, regulatory investigations and disciplinary actions. The next line of key practitioners features of counsel Jasveer Randhawa, whose public and administrative law disputes practice incorporates disciplinary proceedings; and associate Henry Saunders, who regularly works alongside Glassey on solicitor-related disciplinary matters.

Dispute resolution > Public international law Tier 2

'Very experienced in PIL work', Herbert Smith Freehills LLP‘s sizeable London practice is widely respected for its investor-state arbitration practice. The team is also highly active in relation to Russia's invasion of Ukraine; COVID-19 pandemic-related international law issues; climate change; and sanctions. It additionally advises multinational energy companies on the implications of political instability. 'A proper PIL expert', Andrew Cannon has extensive experience in acting for states, state-owned entities and companies on substantial PIL issues; and elevated to partner in May 2023, Hannah Ambrose's experience covers investment treaty claims, state immunity, and international organisations' immunity. Within the firm's senior associate ranks, Louise Barber focuses on energy and natural resources-related international arbitrations; and Marco de Sousa has particular experience in disputes involving Europe, the Middle East, Asia and Africa.

Employment > Health and safety Tier 2

'Calm and assured' health and safety defence specialist Howard Watson leads the ‘thoughtful’ team at Herbert Smith Freehills LLP, which is well-equipped to handle regulatory and contentious work. The team regularly acts for well-known corporations in sensitive matters brought against them by the HSE. A key example of the work the team is involved in, is its representing ITV in the inquest of a person who committed suicide following his appearance on The Jeremy Kyle Show. Other noteworthy clients include BAE Systems and Chevron. David Bennett, promoted to partner in May 2023, has strong regulatory capabilities and advises clients through crisis management and internal investigations processes.

Employment > Pensions: dispute resolution Tier 2

The pensions disputes practice at Herbert Smith Freehills LLP's workload includes matters ranging from advising clients in their responses to the gilt crisis, assisting in professional negligence cases, and advising on claims for investment losses incurred by trustees. Samantha Brown and William Glassey dually lead the ‘fantastic team of really classy litigators'; Brown is well-equipped to handle declaratory proceedings and Glassey is particularly experienced in professional negligence cases against solicitors, barristers, and pensions actuaries. Senior associate Dan Saunders, described as ‘responsive and a pleasure to deal with', is a key contact for work wherein sponsoring employers are navigating issues in scheme documentation. Antonia Pegden and Philip Lis are also recommended for their ‘fantastic' work.

Employment > Pensions (non-contentious) Tier 2

Herbert Smith Freehills LLP‘s advisory pensions practice assists regulatory bodies, trustees, sponsors, insurers, reinsurers, and insolvency practitioners on the full gamut of non-contentious pensions work. Led by the ‘top-class’ and ‘technically brilliant’ Samantha Brown, the team is highly experienced in de-risking matters, GMP equalisation, and pensions arrangements in major transactions. For de-risking issues within the insurance industry, ‘superb pensions lawyer’ Rachel Pinto is a key contact, whilst Michael Aherne is the name to note for pensions cases within the energy sector, as well as for work with pension investment funds; he is well-regarded for his provision of ‘commercial and pragmatic advice’. Alison Brown is also a key name within the team.

Finance > Bank lending: investment grade debt and syndicated loans Tier 2

Herbert Smith Freehills LLP's broad-based finance offering is well-placed to advise the firm's debtor-centric client base, which includes FTSE 100/250 clients and large international corporates, across a broad spectrum of their ongoing financing needs. The scope of this work runs the gamut from relatively commoditised working capital facilities and refinancing requirements, through to more bespoke structured mandates involving often complex inter-creditor arrangements. As well as regularly advising on corporate debt and the financing arrangements pursuant to corporate-led M&A (include public bid financings), team head Kristen Roberts also maintains excellent ties with the treasury teams across many FTSE companies, which are appreciative not only of his transactional expertise but also his guidance on general trends in the market. As well as her work on leveraged/acquisition finance mandates, US-qualified partner Gabrielle Wong is also frequently a valuable source to corporates (including within the music sector) tapping into the US TLB and New York-law governed high yield debt for general debt finance purposes. The firm is also skilled at handling emerging markets financings for borrowers and lenders, with both Martin Kavanagh and William Breeze particularly adept at handling multi-source financings.

Finance > Debt capital markets Tier 2

Herbert Smith Freehills LLP has 'a team of highly skilled attorneys who are well-versed in all aspects of debt capital markets, including structuring and negotiating complex debt transactions'. One client remarks that the firm stands out for 'its commitment to client service, taking the time to listen to clients' needs and concerns'. It has a strong base of issuer and manager clients, among them Airbus, Severn Trent and National Grid Electricity Distribution. The firm is also one of the leading players in the African debt capital markets. Global head of debt capital markets Amy Geddes is 'always available to give strategic advice and guidance'. She advised insurer Great-West Lifeco Inc. on its offering of €500m in standalone bonds. Head of US securities Tom O’Neill and US securities partner Dinesh Banani frequently handle Rule 144A securities offerings. Jake Jackaman, who handles EMTN programmes, ESG-related bond issues and trustee matters, acted for Northern Powergrid (Northeast) PLC in a £350m bond issue. Gabrielle Wong is also recommended for US law transactions. Omar Shafi joined Sidley Austin LLP.

Finance > Securitisation Tier 2

Herbert Smith Freehills LLP is 'extremely responsive, supportive, and knowledgeable', and clients remark that the partners 'master the transactions until last detail and give consistent assistance not only from legal perspective but also from market practice'. The firm is known for handling innovative securitisation structures rather than focusing on volume, and it continued that trend in 2022. Joy Amis, who is 'a partner you can rely whether you need to bring pragmatic results or you need to find unlikely solutions to non-standard problems', acted for Morgan Stanley as arranger and sole lead manager in a €493m RMBS transaction backed by a portfolio of Spanish mortgage transfer certificates, which represent represent economic rights in respect of residential mortgage loans granted to individuals domiciled in Spain. Michael Poulton provides 'sensible and pragmatic advice' and is a key adviser to Pepper Money, a leading non-bank mortgage lender in the UK, for which he handles the full lifecycle of securitisation from warehouse transactions to public RMBS transactions, through to the call and refinancing of previously issued public securitisations. The other key partner is Jake Jackaman, who assisted Allianz Global Investors with a €46m financial lease securitisation. Senior associates Victoria Salisbury, who has 'excellent technical and market knowledge', and Charlene Kong also play key roles in the practice.

Industry focus > Life sciences and healthcare Tier 2

Herbert Smith Freehills LLP houses a ‘highly talented and dedicated‘ team which handles a broad range of issues including seed financings, patent protection, and merger control work. Alan Montgomery leads the team, often advising clients which occupy the biotech, generics and medtech spaces on commercial agreements and cross-border M&A issues. ‘Very thoughtful and high calibre‘ patent litigator Sebastian Moore is particularly adept at acting in SPC-related matters, having appeared before the CJEU, while IP specialist Sophie Rich regularly acts for pharmaceutical companies in both contentious and non-contentious matters. The ‘superb‘ Emily Bottle regularly appears before the European Patent Office, and is particularly knowledgeable in gene and cell therapies.

Insurance > Insurance and reinsurance litigation Tier 2

Herbert Smith Freehills LLP has an extensive client roster comprised of leading global insurers, reinsurers, brokers and corporate policyholders. Practice head Paul Lewis has particular expertise in professional indemnity. public liability, directors and officers, Bermuda form and crime. Other recommended individuals include Greig Anderson , an advisor on cyber, D&O, professional indemnity and crime claims; Alexander Oddy and Fiona Treanor, best known for driving forward large energy claims; and David Reston, who continues to work with the team as a consultant. The firm continues to be active in matters relating to the crisis in Ukraine and on claims arising out of Covid-19.

Insurance > Insurance: corporate and regulatory Tier 2

Herbert Smith Freehills LLP is able to provide expert advice across the full gamut of insurance matters, working in major M&A for life, non-life, and broker clients, having a particular strength in portfolio transfers, advising a number of new market entrants in the development of their new insurance offerings, and providing an expert regulatory offering. These regulatory strengths have been bolstered by the promotion of Grant Murtagh to partner in May 2o23, who also brings his particular expertise in complex longevity reinsurance transactions. The promotion of Shaun Lee is similarly a boon for the team’s work in relation to brokers and private capital. Geoffrey Maddock heads the practice with his excellent market reputation straddling transactional and regulatory mandates, working alongside the notable Barnaby Hinnigan who similarly acts for both insurers and intermediaries in their regulatory and corporate concerns. Alison Matthews is a leading authority in Solvency II and acts across a range of regulatory issues, including recent Brexit-related restructures and FCA reforms.

Private client > Contentious trusts and probate Tier 2

Headed by Richard Norridge, Herbert Smith Freehills LLP has a dedicated private wealth practice that comprises senior disputes, advisory and transactional lawyers. Clients include institutional clients, trustees, their insurers, beneficiaries, family offices and wealthy individuals. Norridge’s practice and client base is international and spans the leading onshore and offshore jurisdictions. Nick Clayton is another name to note from the specialist tax disputes and investigations unit. The group typically advises on complex actions pursuing or defending trustees, and on third-party claims by or against trustees. It has also acted in the arbitration of trust disputes. William Turner was recently promoted to ‘of counsel’ and is a solicitor advocate. He specialises in both contentious and non-contentious private client work.

Projects, energy and natural resources > Infrastructure: M&A and acquisition financing Tier 2

Trusted by  investment houses, multinational manufacturing conglomerates, and power companies, Herbert Smith Freehills LLP cements its position at the cutting edge of infrastructure M&A through a stellar book of work across assets including satellite and telecommunications, energy storage and gas, and renewable energy. The firm is also a leading player in transport infrastructure, counting Stagecoach among its clients. Global co-head of infrastructure Gavin Williams leads the London practice and counts pension and sovereign wealth funds among his clients.  Sarah Pollock is sought out for her considerable knowledge in the power and renewable energy sector, working on deals including wind and solar photovoltaic parks in Europe. Tim Briggs leverages his  regulatory background to advise on transport and water mandates, regularly working alongside Tom Marshall who is noted for his work with public sector bodies. Emma Stones is recognised for her support on a number of the firm’s key matters. David Wyles joined Eversheds Sutherland (International) LLP in 2022.

Real estate > Construction: contentious Tier 2

Herbert Smith Freehills LLP provides clients with advice on disputes arising from substantial construction projects, both in the UK and internationally. With James Doe and David Nitek co-heading the team, the firm leverages an array of dispute resolution tools such as litigation, arbitration, adjudication, and mediation. Doe brings to the table a global practice focused on major infrastructure, construction, and engineering projects, with a specialism in complex civil and process engineering projects such as power plants and oil and gas ventures. Nitek is known for his extensive experience in various forms of dispute resolution, serving high-profile employers and contractors, especially those involved in major infrastructure projects across the UK and the Middle East. The team is further strengthened by senior associates Xavier Milne and Mathew Shelley, as well as associate Lucinda King, all showcasing proficiency across diverse issues on construction projects and sectors including infrastructure, energy, water treatment, and major building upgrades.

Real estate > Property finance Tier 2

Herbert Smith Freehills LLP maintains an active real estate finance practice, with a steady stream of instructions in NPL financings, investment grade financings, restructurings and insolvencies. Practice head Simon Chadney continues to act for borrowers, lenders and other creditors on mainstream finance transactions, while fellow senior partner Gary Hommel specialises in complex development and investment financings. Chris Mann leads on senior and mezzanine transactions and development financings, as well as pan-European deals for both lenders and sponsors.

Real estate > Property litigation Tier 2

Herbert Smith Freehills LLP is experienced in handling contentious landlord and tenant work alongside big ticket litigation concerning development, as well as rights of light, lease renewals, telecoms and trespassers. The team is led by 'legend in his field' Matthew Bonye, who handles all manner of commercial real estate disputes such as those relating to land purchases, ratings appeals and contractual issues. He is supported by Frances Edwards, who namely handles complex contractual disputes and professional negligence matters.

TMT (technology, media and telecoms) > Fintech Tier 2

From major banks and insurers to start-ups and challenger businesses, Herbert Smith Freehills LLP advises at all levels of the fintech ecosytem. The broad practice is known for its strengths in regulatory matters, data protection and blockchain and digital assets. Practice co-head Nick Pantlin has specialist expertise in the application and adoption of emerging technologies in the financial services and fintech sector, while fellow co-head Caroline Rae is noted for the depth of her transactional acumen. David Coulling has a focus on transformational tech-driven deals, while Marina Reason‘s broad practice extends to strategic structuring and licensing perimeter advice. Chris Bushell frequently handles contentious matters related to digital assets. Alex Cravero has an in-depth understanding of mandates concerning blockchain, artificial intelligence and machine learning.

TMT (technology, media and telecoms) > Intellectual property: patents (contentious and non-contentious) Tier 2

The ‘smart’ and ‘knowledgeable’ Herbert Smith Freehills LLP practice is experienced in high-tech patent disputes alongside transactional matters such as licensing, R&D development and various projects. The team is known for its expertise in the telecoms and technology sectors. ‘Superb’ practice head Sebastian Moore, who splits his time between London and Milan, fields a strong practice in pan-European pharmaceuticals litigation. Andrew Moir is well-versed in complex, tech-dependent matters, and ‘strategic’ Jonathan Turnbull is noted for his work in litigation on behalf of R&D-based companies. ‘Impressive’ Andrew Wells’s life sciences expertise means he is sought out by clients in this remit, counting global pharma companies in his roster and consultant Sophie Rich remains a key contact in the team. Emily Bottle, Emma Sherratt and Julie Chiu are also recommended. Peter Dalton departed in February 2023 to join Stephenson Harwood.

TMT (technology, media and telecoms) > Intellectual property: trade marks, copyright and design Tier 2

Helmed by Sebastian Moore, the team at Herbert Smith Freehills LLP advises clients on a full spectrum of IP issues, from tech litigation and anti-counterfeiting to copyright ownership and misuse of data. One particular area of growth for the team is large-scale software audit disputes. Andrew Moir is noted for his expertise in tech-dependent matters, while Jonathan Turnbull has a wealth of experience advising on the exploitation of their IP rights. Andrew Wells‘s strengths lie in the realm of technology and of counsel Heather Newton strengthens the practice with her considerable expertise in litigation, particularly in relation to trade marks, copyright and technology disputes. Senior associate Victoria Horsey‘s diverse practice encompasses brand protection and licensing issues, to name a few. Senior associate Emma Sherratt handles IP matters involving a multijurisdictional element.

TMT (technology, media and telecoms) > Media: Advertising & marketing Tier 2

Herbert Smith Freehills LLP's team provies 'deep experience' and 'great' advice on a broad array of matters, including joint ventures between advertising companies, media buying agreements, and festival and events related marketing issues. Hayley Brady heads the media and digital practice, advising major corporates and advertising agencies on marketing arrangements; while senior associate James Balfour primarily focuses on advertising campaigns and the advertisement sales of third party bodies. Senior associate Rachel Kane has a great deal of regulatory expertise, often handling advertising sales agreements, partnership deals, and influencer marketing campaigns.

TMT (technology, media and telecoms) > Media: Digital content & social Tier 2

Hayley Brady heads up Herbert Smith Freehills LLP‘s media and digital practice in the UK, and as co-head of the firm’s global media group, is well-placed to assist major players across various industries on matters pertaining to content licensing and distribution, strategic partnerships, gaming and gambling, as well as advertising and sponsorships. Stephen Wilkinson is also recommended in the digital media and interactive content space.

TMT (technology, media and telecoms) > Media: Film & TV Tier 2

Much of Herbert Smith Freehills LLP's workload in the film and television space stems from co-head of the firm’s global media sector group Hayley Brady's expertise; she recently led the advice to Sky on its commercial distribution deals. The team is also adept in commercial and production incentive arrangements, and corporate transactions.

Transport > Aviation Tier 2

Herbert Smith Freehills LLP assists its clients with commercial and contentious matters, advising on M&A, and financing matters and increasingly ESG topics, including supporting airlines with the introduction of sustainable aviation fuel to airports. The firm is also advising lessors on aircraft and engine claims following the seizure of key assets in Russia. Leading the team are UK and EU competition specialist Kim Dietzel, who also assists with Civil Aviation Authority (CAA) licensing matters, and Robert Moore, who specialises in M&A, including hostile public takeovers, joint ventures and shareholder disputes. Gregg Rowan represents clients in cross-border disputes, while also assisting with regulatory investigations and public enquiries. Of counsel Suzy Campbell and senior associate Clémence Barraud handle competition and regulatory matters.

Corporate and commercial > Commercial contracts Tier 3

Herbert Smith Freehills LLP ‘demonstrates a very strong knowledge of commercial contracts in the IT service and central government spheres’, and is well regarded for its deep bench of collaborative practitioners. Recent work highlights include drafting new partnership agreements for Uber, structuring e-commerce template agreements and models for major British multinationals, and acting as an extension of the in-house legal teams for clients such as FTI Consulting and PZ Cussons. Tech and digital expert Nick Pantlin heads the team, with strong proficiencies in outsourcing and logistic arrangements, in addition to possessing a strong regulatory offering. Co-head Stephen Rayfield has been active in the transport sector, working closely with his infrastructure colleagues on PFI Project agreements and long term services subcontractor appointments, while third co-head Hayley Brady has an impressive international practice which has seen her advise clients in the Middle East and Asia, most notably on large global template agreements. Senior associate James Balfour is also noted, especially for mandates linked to ESG endeavours.

Corporate and commercial > Corporate tax Tier 3

Herbert Smith Freehills LLP fields a team with expertise in commercial transactions, tax disputes, and tax strategic and advisory work. Team lead and global tax practice head William Arrenberg specialises in real estate taxation, and advises on the full range of transactions across all real estate asset classes. Howard Murray‘s practice includes non-contentious insurance, structured finance, and M&A, while experienced practitioner Isaac Zailer handles a range of transactional, advisory, and contentious work. Investment funds specialist Aurell Taussig, real estate and funds expert Casey Dalton, and Josh Lom, who made partner in 2022, are key names.

Corporate and commercial > Financial services: non-contentious/regulatory Tier 3

Herbert Smith Freehills LLP has demonstrable expertise in the digital assets arena, acting for crypto exchanges and fintech entities on navigating regulatory boundaries and changes, with additional capability advising investment banks and wholescale markets businesses, asset managers and insurers. Practice head Clive Cunningham is noted for his experience in banking, securities and asset management mandates. Marina Reason maintains a broad practice, covering investment banking, retail banking and asset management, in addition to handling Brexit, MiFID II and ESG-related matters, among others. Reason and Kelesi Blundell, who joined the practice from A&O Shearman in November 2022, are both praised for their ‘tremendous expertise’.

Finance > Derivatives and structured products Tier 3

Herbert Smith Freehills LLP focuses on complex year derivatives transactions for high-profile clients, among them Deutsche Bank. The team led by standout partner Nick May also acts for corporates, funds and insurance companies in matters concerning a wide variety of underlying products and jurisdictions, including emerging markets. Its work includes strategy equity transactions involving derivatives technology, as well as margin loans, credit-based pre-payment triggers and collateralisation terms. May and of counsel Nick Rutter recently advised Deutsche Bank on a landmark €1bn financing to Turkish energy company Botas, which involved complex complex financing techniques such as credit-based LTV margin pre-payment triggers. May also advised Phoenix Group on a major collateral optimisation project, which involved repapering ISDA/CSA arrangements across 15 or more counterparties.

Finance > Trade finance Tier 3

The finance practice at Herbert Smith Freehills LLP is 'very strong and has an excellent level of knowledge of the market and recent developments'. The trade finance team is part of the broader energy and natural resources practice, and it acts for both lenders and borrowers in commodity-related financings, particularly in the energy sector. It has notable expertise in reserve-based lending transactions. Oil and gas finance expert Thomas Bethel , who has 'a wealth of knowledge', and energy and project finance specialist William Breeze are the lead partners. Bethel advised senior lenders on the $500m refinancing of a secured loan and letter of credit borrowing base facility to EnQuest.

Insurance > Personal injury: defendant Tier 3

Herbert Smith Freehills LLP‘s personal injury team is led by Howard Watson, who has particular experience defending large and sensitive stress at work claims. The expertise of the team lies in large, complex group litigation claims, and it continues to act in regards to long-term thalidomide claims across multiple jurisdictions, with David Bennett taking the lead on such work. Acting for major self-insuring corporates is another notable specialism of the team.

Private client > Charities and not-for-profit Tier 3

The charities practice at Herbert Smith Freehills LLP frequently acts for charities, NGOs, foundations, social enterprises and multinational corporate clients. The team is led by Richard Norridge and regularly works on matters that have an international dimension. Rebecca Perlman is another important member of the department who advises on a broad range of issues from the formation and regulation of charities, to fundraising and investment work; she also has a particular specialism in advising on social investments. At senior associate level, Matteo Yoon is also well regarded.

Real estate > Environment Tier 3

Catherine Howard, who is experienced advising on work ranging from the environmental aspects of significant infrastructure and development projects, to advising on the climate issues surrounding the aviation industry, leads Herbert Smith Freehills LLP‘s practice. Its non-contentious work includes the range of regulatory, transactional and project issues, which are areas of focus of energy specialist Silke Goldberg, who also has expertise in ESG. The team collaborates with its international offices to provide advice in cross-jurisdictional contexts, a key example being the firm’s multidisciplinary global ESG offering. Specialist counsel Julie Vaughan departed to Reed Smith LLP in April 2023.

Risk advisory > Data protection, privacy and cybersecurity Tier 3

Herbert Smith Freehills LLP draws on the firm’s wider capabilities across multiple disciplines, including employment, corporate governance, intellectual property, and dispute resolution, to offer a strong full-service data and cybersecurity practice with particular strength in cross-border work. Miriam Everett co-leads the team and has notable strength advising on data protection and privacy issues, and her expertise spans global compliance advice, policy design and implementation, and data retention issues. Co-head Andrew Moir takes point on cybersecurity matters, leading a team that is well-placed to handle cyber breach work, including ransomware attacks, cyber-related litigation, as well as cyber-readiness and resilience. Working alongside them is Christine Young, who handles employment-related data advice.

Corporate and commercial > Private equity: transactions - mid-market deals (up to £250m) Tier 4

Regarded as ‘an exceptional team with strong technical skills and commercial understanding‘, Herbert Smith Freehills LLP‘s cross-disciplinary team works with a number of PE firms on both mid-market and high cap transactions. The PE offering is headed up by John Taylor, whose recent workload covers the financial services and healthcare sectors. Gavin Williams specialises in infrastructure acquisitions and investment deals, while David D’Souza is noted for his experience in the energy and tech sectors, to name a few. Other key figures include Malcolm Lombers, a highly experienced M&A partner, and Joseph Dennis, praised for his ‘strong work ethic and exceptional negotiation skills.’

Crime, fraud and licensing > Fraud: white-collar crime (advice to individuals) Tier 4

Herbert Smith Freehills LLP’s ‘industrious and efficient’ practice covers prosecution and advisory work for high-net-worth individuals, directors, and executives, drawing upon its global network of offices to expertly handle multi-jurisdictional investigations. The team shows particular strength in complex criminal tax proceedings, regularly defending clients in proceedings brought by the FCA and HMRC. 'Top expert' Susannah Cogman leads the group, where she demonstrates her considerable expertise in sanctions issues and anti-money laundering enforcement measures. Brian Spiro is noted for his capabilities in offshore tax fraud investigations and financial crime matters, while Robert Hunt focuses on prosecutions involving fraud, bribery and corruption. Kate Meakin's expertise is concentrated in corporate crime issues. Daniel Hudson left the practice in April 2023.

Finance > Corporate restructuring & insolvency Tier 4

Drawing upon 'excellent insight and rounded knowledge of the industry', Herbert Smith Freehills LLP provides a 'responsive and proactive' service to a debtor-focused client base across a range of restructuring and formal insolvency matters. Unsurprisingly perhaps given the firm's commercial litigation pedigree, the team, which is led by John Whiteoak ('extremely energetic and full of ideas'), is particularly adept at handling contentious insolvency engagements. Appreciated for her 'measured and incisive' advice, Natasha Johnson is also a key practitioner for contentious matters, including as it relates to directors' duties/misfeasance issues. As part of his broad skillset in the space, Kevin Pullen has niche expertise handling    infrastructure and project restructurings including those underpinned by PFI/PPP contractual terms.

Industry focus > Retail and consumer Tier 4

Investment fund formation and management > Real estate funds Tier 4

A number of investment managers, pension funds, and sovereign wealth funds turn to Herbert Smith Freehills LLP for its capbilities in big-ticket real estate-oriented fund matters. Key names to note include asset management specialist Stephen Newby handles private fund structuring and formation work across various asset classes, with recent real estate-focused highlights including the establishment of multi-asset private equity real estate funds.  

Private client > Personal tax, trusts and probate Tier 4

At Herbert Smith Freehills LLP, Richard Norridge is at the helm of the private wealth practice. The department typically acts for prestigious ultra-high net worth individuals as well as institutions, family offices, private banks and trust companies on various complex and high value matters. These matters regularly involve multiple jurisdictions. William Turner was recently promoted to ‘of counsel’. Turner is a Solicitor Advocate with a specialism in both contentious and non-contentious private client work.

TMT (technology, media and telecoms) > Reputation management Tier 4

Finance > Acquisition finance Tier 5

Herbert Smith Freehills LLP‘s primary acquisition finance focus is advising its impressive roster of large investment grade corporates on the debt structuring to facilitate their M&A transactions, although it does handle some lender matters (particularly in relation to real estate mandates and emerging markets matters) . The team, which is co-headed by Kristen Roberts, William Breeze and Gabrielle Wong, also handles targeted funds-side work (for both private equity sponsors and sovereign wealth funds), focusing on transactions within core firmwide sector strengths including energy and infrastructure.

Investment fund formation and management > Private funds Tier 5

Recommended for dispensing ‘technically sound’ advice, Herbert Smith Freehills LLP‘s team is well versed in handling GP-side and LP-side matters for sovereign wealth funds. The firm exhibits deep knowledge in infrastructure funds and energy sector related work. The practice is led by Tim West, and Jonathan Blake and Stephen Newby are also recommended.

Corporate and commercial > Venture capital Tier 6

At Herbert Smith Freehills LLP, Michael Jacobs leads the firm's growth capital sector team, working in tandem with the wider firm's extensive bench of private equity and corporate specialists. Recent work of note has included advising on capital raisings and investments, in particular for venture capital arms of major corporates.

Real estate > Planning and environment

India > Foreign firms Tier 1

North West > Real estate > Planning and environment

Latin America: International firms > Banking and finance

At Herbert Smith Freehills, London-based partner William Breeze’s Latin America banking and finance practice is principally centred on energy, infrastructure and mining financings. Indeed, the firm has a track record in oil-and-gas-sector financings (particularly in Brazil), and has gradually developed a significant presence in Chile’s mining sector. Moreover, it is increasingly recognised for energy-transition transactions, with Argentina, Brazil, Chile and Colombia all among its primary markets. The practice represents a range of lenders and borrowers, has developed particular expertise in advising various Asian lenders on Latin America loans, and has also has cemented a strong connection with the IFC. Edward Dougherty is co-head of the Latin America group and leads the project finance group in New York; he to is particularly well known for his expertise in oil and gas financings.

Latin America: International firms > Projects and energy

Herbert Smith Freehills has a healthy Latin America projects and energy practice, driven primarily by its New York and London offices. The team is noted for its expertise in energy and mining, particularly in Brazil, Colombia, Argentina and Chile. The firm is also building its presence in energy transition and desalination projects, and generally enjoys a growing reputation in the region through its burgeoning relationship with IFC. Edward Dougherty is co-head of the Latin America group and leads the project finance group in New York. Along with team members in New York and London, Melbourne partner Juan-José Zentner has a major focus on Latin America’s mining sector, particularly in Chile, and is a leading figure in project development and engineering, procurement and construction (EPC) agreements. London partner William Breeze is active in Brazil oil and gas, and offshore financings.

South Africa > Mining

Patrick Leyden heads Herbert Smith Freehills LLP’s mining team, which advises on a broad range of transactional and contentious work in the industry. The client base includes government departments, international and local companies and non-profit organisations. Leyden is sought after for his expertise in advising on cross-border M&A in the mining space. Ernst Muller brings experience in assisting multinational mining companies with ESG matters. Peter Leon is now based in the London office, and acts as the firm’s global chair of its Africa group.

Latin America: International firms > Corporate and M&A

Herbert Smith Freehills LLP has a considerable track record of energy, oil and gas, and mining transactions in Latin America. London partner Laura Hulett has advised on a multitude of cross-border hydrocarbons and renewables investments into Brazil, including Mercuria Energy Group’s debt and minority equity investments in international oil investment business Seacrest Petróleo to facilitate the company's acquisitions of the Cricare and Norte Capixaba onshore oil assets in Brazil. Hulett previously advised on a series of deals connected to Petrobras’s divestment programme. In New York, Edward Dougherty is best known for project finance, although he to has worked on a number of oil-and-gas M&A transactions in the region.