Firm Profile > Norton Rose Fulbright > London, England

Aviation Tier 1

The team at Norton Rose Fulbright has 'unparalleled expertise in aviation' and handles a variety of instructions in the sector including matters that arise in the commercial, corporate, competition, antitrust, regulatory spaces, with particular expertise in aviation disputes. Airline business and operations expert Simon Chamberlain covers advice on matters including engineering and maintenance agreements, slot exchange arrangements, route rights and airline distribution arrangements. Elsewhere, Patrick Farrell spearheads the contentious aviation practice, which includes 'tough litigator' Robin Springthorpe, who is acting for Jet2.com in a judicial review claim against the UK Civil Aviation Authority. Charlotte Winter deals primarily with High Court actions and international arbitration proceedings as well as advising airlines, lessors and financiers on a range of contractual issues. Another name to note is senior associate Annabelle Wheeler, who is a dispute resolution specialist. Duncan Batchelor is global head of the firm's aviation practice. The team's 'international reach in the industry' also allows it to advise on Brexit, cyber-risk management, data protection and passenger claims.

Commercial property: corporate occupiers Tier 1

The team at Norton Rose Fulbright is praised for its ‘outstanding reactivity, expertise and client orientation’, and is particularly highly rated for inward investment, financing and long-term development and infrastructure projects. Its core real estate expertise is enhanced by close integration with the conveyancing, planning, corporate and fund structuring, construction, tax and financing departments, drawing on the firm’s expansive global footprint. David Hawkins, recommended for his ‘excellent teamwork’, represents numerous international investors whereas David Sinclair thrives in relation to office, hotel and shopping centre projects. Practice head Wasim Khan has a focus on representing tenants moving office; his team supports landlords and tenants at each stage of the letting process including occupational requirements, pre-letting negotiations and refurbishment contracts. Counsel Louisa Roe is particularly active in the letting space.

Emerging markets Tier 1

Norton Rose Fulbright works in tandem with a global network of offices to assist major corporates, borrowers, sponsors, investment banks, government bodies, ECAs, and multi-laterals and off-takers in major projects in emerging markets. Working on transactions across Africa, Central and South East Asia, Eastern Europe and Latin America, the firm leverages its in-depth expertise in key sectors such as agriculture, mining, oil and gas, power and infrastructure. The practice is led by global head of business Martin McCann. It has a deep bench of talent in London, including EMEA energy practice head Charles Whitney, who handles project financings involving ECAs and multi-lateral financial institutions; corporate partner Raj Karia, who focuses on the mining and minerals sector; finance partner Daniel Metcalfe, who acts for lenders and borrowers in the energy, infrastructure and natural resources sectors; construction and projects specialist Mark Berry; Andrew Buisson, who deals with non-contentious matters in the infrastructure, construction and engineering sectors; and newly promoted partner Daniel Giemajner, who leads the EMEA mining group.

Energy and infrastructure Tier 1

Norton Rose Fulbright is a highly reputable name in the energy and infrastructure space, with 'excellent industry know-how' and 'ability to quickly adjust and adapt to new countries and markets'. Andrew Buisson's practice specialises in PFI/PPP concession arrangements, project-financed and conventionally-funded construction contracts, and is currently active in first on the market PPP transportation transformation projects in Africa. Other key figures include head of energy, Charles Whitney and project finance specialists Martin McCann and Daniel Metcalfe. The department is headed by Robert Marsh, who is a well respected figure for alternative energy and development and the financing of renewable energy projects.

Equity capital markets - low-mid cap Tier 1

Norton Rose Fulbright's practice features prominently in the financial and professional services, technology, real estate, energy, commodities and resources sectors. Raj Karia leads the team, which is sought out by corporate issuers, bulge-bracket investment banks, nominated advisers and investors on the largest and most complex transactions. It covers the full spectrum of UK (AIM and Main Market) and cross-border transactions. Listed funds and special purpose acquisition vehicles (SPACS) are a notable strength of the practice. Clementine Hogarth  and Fiona Millington are among a number of highly regarded individuals in the group, which includes US securities law expert Thomas Vita. Kit McCarthy made partner in early 2020, and Richard Sheen is also recommended.

Fintech Tier 1

Norton Rose Fulbright's 'extremely knowledgeable' practice group is instructed by clearing banks and other financial institutions, start-ups, cryptocurrency platforms, payment institutions and investors. The range of work the firm that the team takes on is equally as diverse as the client roster, spanning consortia projects, corporate transactions, regulatory compliance and product development in key areas such as blockchain, insurtech and AI. Sean Murphy advises clients on investments, acquisitions, joint ventures and the development and deployment of fintech products. Imogen Garner advises a diverse range of clients on the regulatory challenges and authorisations related to their fintech products. Hannah Meakin specialises in the regulation of cryptocurrencies and ICOs, and the use of DLT in relation to market infrastructure and commodity derivatives. Nicholas Berry leads the firm's insurtech practice, which focuses on advising insurance clients, start-ups and regulators involved in cutting edge developments in the sector. Associate Charlotte Rowlandson has a strong track record advising fintech clients on M&A and other corporate transactions. In a recent highlight, the firm advised longstanding client Starling Bank on its £75m fundraising round and a follow-on £30m fundraising.

Infrastructure (PFI and PPP) Tier 1

Norton Rose Fulbright offers clients a full-service  global infrastructure practice acting for major corporates, borrowers, sponsors, investment banks, and government bodies. Key clients include The Asian Development Bank, Balfour Beatty, Equitix, and National Grid. The practice has in-depth industry expertise as well as experience in PPP work around the world. Particular sectors of strength include the transport, waste to energy, and renewable energy sectors. The practice is led by Martin McCann , with other key individuals including senior finance lawyer Madhavi Gosavi and Charles Whitney.

Insurance: corporate and regulatory Tier 1

Norton Rose Fulbright handles a broad range of insurance matters, including M&A, restructurings and regulatory issues as well as those related to insurtech. The team also advises on Lloyds’ market matters including transactions and start-up issues. The practice is led by James Bateson, who has over 30 years’ experience in this area. David Whear has expertise in handling M&A and restructurings, while Nicholas Berry leads the London insurtech team, and Bob Haken advises on the implementation of the Solvency II directive. Matthew Foster, Maria Ross and Noleen John are the other key partners in the team.

Islamic finance Tier 1

Led by European Islamic finance head Farmida Bi, who is English and New York qualified, Norton Rose Fulbright's team caters to all the requirements of Middle Eastern financial institutions, global investment banks and corporates among other clients. The group's expertise spans a wide range of areas, including investment funds, project finance work and real estate finance matters. Bi is particularly experienced in international sukuk transactions. Illustrative of her excellent reputation, she has previously joined Department of International Trade missions to Pakistan to promote the UK Islamic finance industry.

Mining and minerals Tier 1

Norton Rose Fulbright has broad ranging industry knowledge and provides clients with particular expertise in Latin American and African mining jurisdictions. The practice advises on M&A, private equity deals, disputes and regulatory matters; it has also seen notable growth in battery storage metals and gold-related mandates. In a recent highlight, the team advised on the $18.3bn merger between Randgold Resources Limited and Barrick Gold Corporation. Martin McCann heads up the practice and has a wealth of knowledge in the financing and restructuring of mining projects. Raj Karia and Holly Stebbing are also key points of contact, and clients praise senior associate Felicity Brown's 'attention to detail'. Daniel Giemajner was recently promoted to the partnership.

Power (including electricity, nuclear and renewables) Tier 1

Rob Marsh chairs the energy, infrastructure and natural resources team at Norton Rose Fulbright and has a substantial reputation in renewable energy financing transactions, particularly those involving offshore wind assets. Marsh is regularly sought out by lenders, sponsors and investors to advise on their participation in global alternative energy projects including wind, solar, biomass, tidal, bio-fuel, energy storage, energy efficiency and EV charging projects. Project financing specialist Christopher Down has recently handled the first developments in several countries including the first utility scale renewable energy project in Lebanon with the financing of two wind farms. Other key practitioners include Charles Whitney, Madhavi Gosavi and Charez Golvala.

Rail Tier 1

Norton Rose Fulbright is 'well-versed in all the various aspects of the rail industry', providing the full spectrum of advice for both domestic and international clients in the sector. The London team, which draws on support from the wider firm's vast network of international lawyers, is known for advising on matters including rolling stock procurement, construction and finance, for both high speed and light rail. The team also has strong credentials on contentious matters, and is a member of the Crown Commercial Service's rail panel. Practice leader Tom Johnson specialises in rail financing transactions, while Simon Gwynne is known for his work on rolling stock and depot transactions. Susanna Rogers advises on competition and regulatory matters, and of counsel Louise Auty focuses on asset finance, including rail procurement and leasing, franchising and cross-border financing transactions.

TMT Tier 1

The multidisciplinary practice at Norton Rose Fulbright has broad experience in TMT industry work. The firm has particular expertise in disruptive tech and innovation, including Fintech and Insurtech, as well as regulatory advice in the area.  Sean Murphy, who is head of the technology practice in EMEA and head of the global Fintech practice, leads the group,  alongside  Oliver Stacey, who specialises in corporate and commercial transactions; and James Russell, who focuses on outsourcing, information technology and intellectual property law. Also notable are competition law expert Caroline Thomas; gaming and IP specialist Paul Joseph, who joined from RPC in 2020; and Zayed Al Jamil, who was promoted to counsel in 2019 and advises on outsourcing and technology projects.

Trade finance Tier 1

Norton Rose Fulbright is praised for its 'deep and broad market knowledge'.  The firm is a recognised leader in trade and commodity finance, bringing together extensive expertise in international trade, trade finance, commodity physical supply contracts, shipping, commodity futures, regulation, fintech and dispute resolution. Its work covers pre-export and pre-payment financings, committed and uncommitted transactional trade finance facilities, borrowing base facilities, warehouse, stock and consignment financing, commodity repos and a host of other structures. Global head of trade finance Nicholas (Nick) Grandage is one of the market's grandees and, along with key partner Andrew Wood, is part of one of the market's most experienced senior teams in London. They are backed up by a strong team of senior associates, among them Tudor Plapcianu (who is 'very thorough with strong commercial sense') and Richard Wilkes who advises banks, DFIs, traders, producers, exporters and alternative financiers on complex and innovative cross-border structured financings.

Transport finance and leasing Tier 1

Transport is a core industry focus for Norton Rose Fulbright and accounts for a significant proportion of finance work handled from its London office. Consequently, the 'client-oriented' team, which is overseen by Harry Theochari and Duncan Batchelor, is well positioned to provide 'high-quality' advice to myriad stakeholders across the shipping, aviation and rail sectors. The 'solution-driven, pragmatic and smart' Simon Hartley is able to 'manage particularly complex transactions' for both borrowers and lenders in the shipping sector, and has been active of late in the cruise market.  Eleanor Martin is also a key figure for shipping finance. She advises on the deployment of capital to fund offshore equipment, including floating production storage and offloading units and drilling rigs. Rail remains a key area of strength for the team and the arrival of the 'fantastic' Simon Gwynne from Hogan Lovells International LLP in mid-2019, underscored the firm's commitment to the sector and bolsters an already strong offering that includes the 'very knowledgeable' Tom Johnson. On the aviation front, the firm assists significant banks, and a growing roster of airline clients that includes easyJet and LATAM Airways. Counsel Will Alete recently completed a six-month secondment at an airline and is developing a practice which is equally well suited to operator and lender representations.

Asset based lending Tier 2

Led by the ‘personable and effective’ Michael Black, the 'knowledgeable and commercially pragmatic’ team at Norton Rose Fulbright has a strong track record in the market for lenders engaged in new money mandates and refinancings. Although the team does handle some more commoditised domestic mandates (including as it relates to bilateral domestic working capital facilities), it is best-known for its work on behalf of North American lenders on large complex cross-border transactions, where it is able to tap into expertise across the firm’s extensive international footprint, as well as the broader banking and capital markets teams.

Banking litigation: investment and retail Tier 2

Norton Rose Fulbright's dispute resolution team is 'excellent' for domestic and cross-border banking litigation and contentious regulatory matters. It has experience handling disputes arising from complex financial products, including derivatives and Islamic finance structures, and counts banking litigation involving fraud and asset tracing, competition and antitrust issues, fintech and cybersecurity among its areas of growth. Practice head Michael Godden handles a range of wholesale, commercial and retail banking disputes, while Matthew Waudby specialises in derivatives, structured finance and debt capital markets litigation, and Radford Goodman has expertise in default, enforcement, insolvency and fraud issues. Other names to note include 'superstar' Harriet Jones-Fenleigh ,  David Harris for transnational regulatory investigations and enforcement proceedings and counsel Dominic Hennessy.

Commercial property: development Tier 2

The team at Norton Rose Fulbright is praised for its ‘outstanding reactivity, expertise and client orientation’, and is particularly highly rated for inward investment, financing and long-term development and infrastructure projects. Its core real estate expertise is enhanced by close integration with the conveyancing, planning, corporate and fund structuring, construction, tax and financing departments, drawing on the firm’s expansive global footprint. David Hawkins, recommended for his ‘excellent teamwork’, represents numerous international investors whereas David Sinclair thrives in relation to office, hotel and shopping centre projects. Practice head Wasim Khan has a focus on representing tenants moving office; his team supports landlords and tenants at each stage of the letting process including occupational requirements, pre-letting negotiations and refurbishment contracts. Counsel Louisa Roe is particularly active in the letting space.

Commercial property: investment Tier 2

The team at Norton Rose Fulbright is praised for its ‘outstanding reactivity, expertise and client orientation’, and is particularly highly rated for inward investment, financing and long-term development and infrastructure projects. Its core real estate expertise is enhanced by close integration with the conveyancing, planning, corporate and fund structuring, construction, tax and financing departments, drawing on the firm’s expansive global footprint. David Hawkins, recommended for his ‘excellent teamwork’, represents numerous international investors whereas David Sinclair thrives in relation to office, hotel and shopping centre projects. Practice head Wasim Khan has a focus on representing tenants moving office; his team supports landlords and tenants at each stage of the letting process including occupational requirements, pre-letting negotiations and refurbishment contracts. Counsel Louisa Roe is particularly active in the letting space.

Commodities disputes Tier 2

Norton Rose Fulbright is 'a top-end disputes firm with the capability to handle a difficult case', according to one client. It is a key adviser to clients across the commodities supply chain, among which are financial institutions, commodity trading houses, and both national and international mining and energy companies. The firm advises on the production, shipping, transportation and warehousing of commodities, alongside physical supply contracts, collateral management and insurance, trade and commodity financing, hedging, derivatives and futures documentation. Peter Scott leads the EMEA litigation group, Michael Godden is head of banking and finance disputes and Neil Miller leads the energy, infrastructure, trade and transport disputes team. Miller, who has 30 years' experience in disputes in the energy sector, and Holly Stebbing, who frequently handles energy and natural resources disputes in Africa, are recommended.

Construction: contentious Tier 2

Norton Rose Fulbright's contentious construction practice is active across sectors including real estate, rail, roads, ports and airport infrastructure, waste and water. The London team is led by Donald Warnock , whose expertise lies in energy and infrastructure disputes. Simon Ramsden is known for a two-fold disputes practice, first in relation to major infrastructure projects and second in relation to PFI/PPP work. James Rogers is an international arbitration practitioner with a specialist knowledge of infrastructure matters. He has advised in regard to gas power projects and offshore facilities. The practice supports a wide client base of utility companies, developers, contractors and sub-contractors, financiers, consultants, and suppliers.

Construction: non-contentious Tier 2

The team at Norton Rose Fulbright is praised for being 'proactive and always looking to give sensible solutions to problems.' Mark Berry, who heads up the practice group, demonstrates an expert knowledge of EPC and EPCM contracts in relation to infrastructure, energy and mining sectors. He also has a track record of work on PPP projects. Peter Hall has decades of experience in construction law and has recently played a key role in the firm's Sustainable Cities initiative. Andrew Buisson is also recommended and is active in the accommodation, telecoms, mining and nuclear sectors.

Corporate governance Tier 2

Norton Rose Fulbright advises a variety of global and multinational corporates on the full range of corporate governance issues, including listing and annual reporting obligations, regulatory compliance, shareholder issues, and management accountability. Alongside advisory work, the team has a strong contentious element, working with clients on complex regulatory investigations, white-collar crime proceedings, and litigation. Jon Perry heads up the practice, advising on governance issues arising from transactions, with particular expertise in the mining, commodities, and financial services industries in Africa and South America, Christopher Pearson is recognised in the market for his role in complex multijurisdictional takeover and regulatory matters, while Jonathan Herbst heads up the firm's global financial services regulatory practice. Neil O’May is a specialist criminal law practitioner who represents and defends a number of major corporate clients in investigations and prosecutions.

Debt capital markets Tier 2

Norton Rose Fulbright continues to broaden the scope of its debt capital markets work, maintaining its strong presence in bond issuances in emerging markets whilst also increasing its volume of investment grade work. It is recognised for its strong track record in sovereign debt transactions, having recently acted for the Republic of Angola and the government of Pakistan. For investment grade deals, its work for large corporate issuers is increasingly balanced with underwriter work for the likes of Deutsche Bank. The practice is led by Peter Young, who has extensive experience of US federal securities laws. The firm has cornered the market acting for Canadian financial institutions on European DCM deals, thanks to the 'exceptional, responsive and thorough' Peter Noble. Farmida Bi handles corporate trustee advice, sovereign debt, project bonds and restructurings. She is also the head of Islamic finance. Versatile partner Jacqueline Heng has a particular focus on green bonds. Another key individual is emerging talent Kirstin Russell, who acts for corporate trustees and agents in the UK, US and Asia. Counsel Vishal Mawkin is also recommended.

Derivatives and structured products Tier 2

'The firm is very pragmatic and technically capable with a high degree of commerciality and common sense', say clients of Norton Rose Fulbright. Heavily focused on transactional derivatives work, though also adept in the structured products space, the firm frequently handles new products and new markets, with work on new securities lending pledge documents just one example. It is also involved in highly innovative areas such as fintech, having advised banks on a new securities lending platform based on distributed lending technology (DLT). Peter Young leads the banking and capital markets group though the lead structured finance partners are Daniel Franks and Nigel Dickinson. Franks advises investment banks on derivatives, repos, stocklending, collateral, set-off, netting, structured products and regulatory capital and funding transactions. Dickinson is an OTC derivatives and structured products specialist known for swap bifurcations, TRS and repo financings, and repackaging transactions. Also recommended are Jonathan Herbst and Hannah Meakin for derivatives, as well as Sandrine Sauvel, David Shearer, Farmida Bi, Nicholas (Nick) Grandage and Peter Noble for structured finance.

Financial services: contentious Tier 2

The multidisciplinary team at Norton Rose Fulbright has broad experience covering regulatory investigations, the senior managers and certification regime (SMCR), financial crime and market abuse matters. The practice is also known for its cross border expertise. The ‘outstanding’ Katie Stephen is ‘superb with clients and a first-rate tactician’, acting for regulated firms and individuals on a range of contentious matters. She co-leads the team with David Harris, who represents financial institutions, corporates and senior executives in cross-border internal investigations, regulatory investigations and enforcement proceedings. Also notable is counsel Sonya Zywko, who specialises in financial services investigations, regulatory enforcement and related litigation.

Financial services: non-contentious/regulatory Tier 2

Specialising in cross-border work and innovation, Norton Rose Fulbright’s broad experience covers payments, Fintech, Brexit, sustainable finance, market infrastructure and post-trading matters. The firm also has expertise in conduct, culture and accountability issues, as well as the retail sector. The team is co-led by Jonathan Herbst, who is known for regulatory advice relating to bank structuring, markets, commodity derivatives, custody and clearing; Imogen Garner, who advises a range of domestic and international clients on the UK and EU financial services regimes; Hannah Meakin, who focuses on market infrastructure, commodities derivatives and Fintech; contentious regulatory expert Katie Stephen; and Simon Lovegrove, who has experience in knowledge management, financial services and market regulation. Also notable is senior associate Matthew Gregory, who has multi-jurisdictional banking expertise.

Fraud: civil Tier 2

Norton Rose Fulbright's team of 'highly motivated and experienced litigators' acts for sovereign entities, corporates and financial institutions. Its work covers cross-border and domestic fraud disputes and asset tracing matters, including those involving cyber-fraud, bribery and corruption. Solicitor-advocate Ruth Cowley, who is dual-qualified in the UK and Hong Kong, focuses on fraud and corruption investigations and litigation, often involving parties in Africa. Michael Godden and Matthew Waudby specialise in civil fraud, asset tracing and banking and finance disputes. Harriet Jones-Fenleigh handles cross-border fraud disputes and arbitration proceedings.

Fraud: white-collar crime (advice to individuals) Tier 2

Norton Rose Fulbright advises individuals on financial and white collar crime issues. It often deals with domestic and international enforcement agencies, including the SFO, FCA, NCA, HMRC and CPS. Areas of focus include internal investigations, regulatory investigations and enforcement proceedings, criminal investigations, prosecutions and related civil litigation. The team handles all stages of the criminal process from the outset of investigations, to interviews by prosecuting authorities, through to trial and beyond. Head of practice Neil O’May is experienced in defending prosecutions alleging bribery and corruption, international fraud and market abuse. Pamela Reddy handles cross-border internal investigations and financial services investigations.

IT and telecoms Tier 2

The multi-disciplinary team at Norton Rose Fulbright has experience in fintech, insurtech and payments, as well as expertise in data privacy, outsourcing and regulatory mandates. The firm also provides NRF Transform, a change and innovation program for the delivery of legal services through the use of technology. The group is co-led by Sean Murphy, who focuses on international corporate matters in the technology sector; Oliver Stacey, who specialises in corporate and commercial transactions; and James Russell, who is an expert in outsourcing, information technology and IP law. Other key names include Zayed Al Jamil, who was promoted to counsel in 2019 an advises on outsourcing and technology projects, particularly related to emerging technologies; and Paul Joseph, who arrived from RPC in 2020 and brings expertise in technology, data and IP disputes.

Listed funds Tier 2

Norton Rose Fulbright advises institutional investors and a growing portfolio of fund and asset managers on the full spectrum of issues relating to closed-ended listed funds encompassing fund formations, IPOs, secondary raisings and regulatory compliance issues. The team has particular expertise in working with infrastructure and renewable energy-related funds, and is led by Richard Sheen - a highly experienced practitioner who advises JP Morgan Elect and Starwood on fund launches, structurings and fund raising matters. Ian Fox is highly active in launch, structuring, and management work for a number of asset managers and investors, while Mark Lloyd-Williams has a notable focus on fund acquisitions and transactions. Senior associate Margaret Simcock advises on a variety of structuring, establishment and restructuring matters for asset managers, investors and funds.

Oil and gas Tier 2

Norton Rose Fulbright is well regarded for its 'extensive experience in various jurisdictions' and 'commercial acumen' in the oil and gas sector. The team demonstrates particular depth in the LNG arena, and is regularly involved in the construction and operation of LPG infrastructure, LNG terminals and LNG-to-power plants. Nick Prowse focuses on upstream and downstream matters, while group head Rob Marsh and Madhavi Gosavi are project finance specialists.

Private equity: transactions - mid-market deals (up to £250m) Tier 2

Norton Rose Fulbright advises PE houses and portfolio companies across the lifecycle of investments, including buyouts, portfolio company M&A and restructuring, and exits. As well as traditional private equity, the practice also advises alternative private capital providers such as banks, family offices, and asset managers. The team advises on a number of cross-border transactions, thanks to a global platform across Europe, Asia, and the US. Sector specialisms include technology and innovation, including fintech and non-tech investments in technology companies. David Marshall leads the team, advising on domestic and cross-border buyouts, joint ventures, and bolt-on transactions. Bayo Odubeko focuses on private equity and venture capital investments in emerging markets, particularly Africa. Sophie O’Connor made partner in 2019, and specialises in technology and financial services transactions.

Regulatory investigations and corporate crime (advice to corporates) Tier 2

Norton Rose Fulbright’s extensive international presence makes it well suited to handle multi-jurisdictional investigations and financial crime matters. The firm has corporate crime and regulatory investigations teams in the UK and US handling  litigation, data privacy, cyber, employment and e-disclosure matters. It regularly receives instructions on significant cybercrime issues and provides advice in relation to crisis management, investigations and reporting to authorities such as the NCA, FCA and ICO. Other areas of focus include sanctions, anti-bribery compliance, export controls and financial crime advice in relation to legalised cannabis companies. Head of team Neil O’May specialises in advising prominent organisations and individuals on high profile investigations and prosecutions. Katie Stephen, who co-heads the team, is noted for her expertise in market abuse and anti-money laundering matters. David Harris also co-heads the team and is well regarded for transnational regulatory investigations and enforcement proceedings and litigation.

Securitisation Tier 2

Norton Rose Fulbright 'goes beyond doing the standard review of documentation and makes sure it provides real advice throughout the transaction journey'. The firm is active in both public and private securitisations across a range of asset classes, including small business lending, trade receivables deals and equity release mortgages. It is also a key adviser on the new regulatory regime and shari'ah-compliant transactions. Transport and infrastructure are key areas of expertise for the firm, leading it to handle transactions in those sectors, though it is also active in larger markets such as UK and international RMBS for issuers, cash managers and trustees. The firm has a growing originator client base for funding programmes and highly complex transactions. David Shearer (who 'provides the trust, confidence and subject matter expertise that a first-time issuer needs') leads the practice and specialises in securitisation, structured finance and covered bond transactions in asset classes including residential mortgages, commercial real estate, small business and consumer receivables. Sandrine Sauvel frequently advises arrangers, originators, trustees, rating agencies and monoline guarantors. Farmida Bi is recommended for her corporate trustee and service provider expertise, notably in restructuring and ABS transactions.

VAT and indirect tax Tier 2

At Norton Rose Fulbright, the team assists with indirect tax issues arising from corporate and finance transactions, in addition to handling standalone work such as VAT recovery, and contentious issues. Drawing on the firm's wider specialisms, the group is particularly well-versed in insurance premium tax issues, as well as real estate matters. Dominic Stuttaford is the overall head of the tax practice, with Chris Bates leading the European VAT group. Matthew Hodkin is noted for his niche expertise in VAT relating to the energy generation, supply and transport sectors. In April 2019, Michael Alliston joined from Herbert Smith Freehills LLP.

Bank lending: investment grade debt and syndicated loans Tier 3

Headed by Chris Brown, the 'very strong' team at Norton Rose Fulbright has an excellent reputation for handling multi-jurisdictional financings for banks and borrowers in core firm-wide sector specialisms, including infrastructure, technology and mining commodities. Recent work has included several large syndicated borrowing base facilities within the energy/commodities sector, mandates which required significant co-ordination across the firm's international network of offices. As well as the firm's work for commercial banks, it also has experience advising on ECA-backed financings and on behalf of development finance institutions, particularly on deals with an African nexus. The firm also benefits from access to ancillary areas of expertise, including asset-based lending (ABL) and Islamic finance, ensuring that it is able to handle the more bespoke transactions in the market.

Commercial litigation: premium Tier 3

Norton Rose Fulbright is praised for its 'increasing presence in a number of market-leading cases'. It has particular experience in the energy, financial services, infrastructure, transport, technology and life sciences sectors and counts cybersecurity and regulatory-related litigation and competition class action among its areas of growth. Managing partner Peter Scott and Patrick Bourke jointly lead the practice and focus on competition and corporate disputes respectively. Ruth Cowley is 'experienced at managing heavyweight litigation' particularly in the financial institutions and energy sectors, Antony Corsi has an impressive breadth of expertise and 'the uncanny ability to demystify very complex issues' while Ffion Flockhart and Neil Miller are noted for cybersecurity and energy sector disputes respectively. Jane Park-Weir joined Osborne Clarke LLP.

Competition litigation Tier 3

Norton Rose Fulbright's competition litigation department, which is a key part of the wider antitrust group, consists of ‘hardworking and dedicated’ lawyers trained in both commercial litigation and competition law. Regularly instructed by both claimants and defendants, the group is adept at handling follow-on damages claims, regulatory appeals and litigation strategy issues. It has considerable experience of the energy and financial services sectors. Peter Scott and Mark Simpson jointly lead the practice. Counsel Helen Fairhead is also recommended.

Corporate tax Tier 3

Norton Rose Fulbright's tax team is a powerhouse for corporate and financial transactions. It works closely with the firm's international office network, advising on cross-border M&A, refinancings and restructurings. Dominic Stuttaford, who leads the EMEA and Brazil tax group, specialises in M&A and corporate reorganisations. Matthew Hodkin stands out for his expertise in transport and renewable energy taxation. Property, funds and retail tax are particular areas of focus for Julia Lloyd and Michael Alliston (an arrival from Herbert Smith Freehills LLP in April 2019). Counsel Judy Harrison is also recommended.

Data protection, privacy and cybersecurity Tier 3

Norton Rose Fulbright fields a broad practice, which handles data breaches, data subject requests, export solutions and data storage mandates. Marcus Evans heads up the team and displays expertise in cross-border data matters including compliance and regulatory issues. In addition, he advises on software licensing and e-commerce work. Evans is supported in the practice by Lara White, who acts on media and retail-related data protection and privacy matters. The team gained data protection specialist Janine Regan from Bristows LLP in late 2019 .

Employee share schemes Tier 3

The employee benefits and executive compensation team at Norton Rose Fulbright has a focus on advising listed multinationals, but also has expertise in designing and implementing bespoke incentive plans for unlisted companies, particularly fintech businesses and those with private equity backing. The team is headed by Matthew Findley, who has particular experience in both executive plans and all-employee arrangements as well as dealing with employee benefits in the context of mergers and acquisitions, IPOs and demergers. He also sits on the corporate and regulatory committee of the Share Plan Lawyers Group.

Environment Tier 3

Caroline May leads the 'technically good' team at Norton Rose Fulbright, which frequently advises on the environmental aspects of some of the largest development, infrastructure and waste-to-energy projects in the UK. May has particular expertise in urban regeneration and brownfield site projects, and has been involved in two of the largest pieces of toxic tort litigation in the UK. The emergence of ESG reporting obligations issues in the financial sector is a new area of focus for the team, where it advises banks and institutions on environmental and social governance impacts, reporting and compliance obligations. Counsel Lucy Bruce Jones is also highly regarded.

Equity capital markets - mid-high cap Tier 3

Norton Rose Fulbright's practice features prominently in the financial and professional services, technology, real estate, energy, commodities and resources sectors. Raj Karia leads the team, which is sought out by corporate issuers, bulge-bracket investment banks, nominated advisers and investors on large and complex transactions; it covers the full spectrum of UK (AIM and Main Market) and cross-border transactions. Listed funds and special purpose acquisition vehicles (SPACS) are a notable strength of the practice. Clementine Hogarth  and Fiona Millington are among a number of highly regarded individuals in the group, which includes US securities law expert Thomas Vita. Kit McCarthy made partner in early 2020, and Richard Sheen is also recommended.

EU and competition Tier 3

Norton Rose Fulbright offers a wide range of services relating to merger control issues, cartel investigations, state aid work and market investigations. The department focuses on multi-jurisdictional work and acts for an enviable roster of global corporations; its efficiency is further enhanced through its access to the firm’s global network comprising over 200 competition lawyers worldwide. Other areas of focus are Brexit- and national security-related mandates. Peter Scott chairs the global antitrust group, while Ian Giles heads up the UK-based department. Mark Tricker is recommended.

Health and safety Tier 3

The team at Norton Rose Fulbright handles major accidents, incidents and occupational health and safety matters. The practice has a strong offering for clients in the energy, utilities, transport and construction sectors. Other key areas of work regulatory compliance advice, crisis response for the energy industry and a growing area of product safety and chemical safety. Caroline May has extensive experience with asbestos cases and industrial accidents.

Insurance and reinsurance litigation Tier 3

Norton Rose Fulbright is active in insurance litigation across traditional policies including financial lines, property and D&O insurance, as well as growing areas including cyber insurance. The team is led by Adrian Mecz, who has broad contentious experience; other key contacts include Ffion Flockhart, Jonathan Ogle and Michelle George.

International arbitration Tier 3

Norton Rose Fulbright's team is part of the firm's global international arbitration practice, and clients regularly benefit from its ability to work in cross-office teams. The practice acts across the firm’s key sectors, namely the financial, energy, infrastructure, mining and commodities, transport, technology and innovation, and life sciences and healthcare industries. Sherina Petit leads the international arbitration practice across Asia, Europe and Middle East, and heads up the firm’s India practice globally; James Rogers is an experienced international arbitration practitioner; and Patrick Bourke is a leading name for dispute resolution across the Middle East. Other recommended advisers are Africa specialist Ruth Cowley and senior associate Matthew Buckle.

Pensions (non-contentious) Tier 3

The team at Norton Rose Fulbright is led by Peter Ford, who has decades of experience of all aspects of pensions law. He works in tandem with the 'stand-out' Lesley Browning , who has spent the last 20 years at the firm after joining with Ford, during which time she has 'skilfully steered some of the biggest industry-wide schemes through all legislative changes.' Recent work highlights have included acting for the Trustee of the Invensys Pension Scheme on the implementation of its GMP reconciliation and rectification programme; the wider team also advises on longevity swaps, fiduciary management arrangements, pooled/insured investment vehicles and custody arrangements. Clients can also benefit from the firm's strong track record on international matters, drawing on its huge global reach.

Professional negligence Tier 3

Norton Rose Fulbright has a ‘first-rate team with a large amount of experience’, and is best known for its work in the financial services and insurance sectors. The group advises on a range of high value claims involving financial institutions, asset managers, solicitors, accountants, actuaries, insolvency practitioners and insurance brokers. Michelle George ‘demonstrates excellence in her field’ in advising on cross-border disputes; in recent years, George has increasingly focused her practice on claims against solicitors. Katie Stephen specialises in contentious regulatory matters and handles professional negligence disputes relating to regulatory matters. Kirsty Hick and Liam O’Connell departed in 2019 to join DAC Beachcroft LLP .

Property finance Tier 3

Norton Rose Fulbright’s global reach has resulted in the team handling a number of cross-border mandates, particularly involving countries in Africa and Asia Pacific. Practice co-head Dan Kennedy has a strong track record in advising on regeneration projects, such as the £1.583bn redevelopment of Battersea Power Station. He is also highly skilled in development finance work. Fellow practice head Sarah Cullen advises on senior and mezzanine financings, with a particular emphasis on residential and hospitality-related projects. Daniel Metcalfe is uniquely focused on properties in the African market, particularly hotels, offices and residential buildings.

Tax litigation and investigations Tier 3

At Norton Rose Fulbright, the group is engaged in a broad range of contentious tax issues, including tax authority investigations and negotiations and litigation before UK courts and tribunals, the European Court of Justice, as well as judicial reviews. Dominic Stuttaford is the head of tax for Europe, Middle East, Asia and Brazil. He leads the litigation group and is a veteran litigator with experience of major SDRT and VAT grouping cases. Michael Alliston, who joined from Herbert Smith Freehills LLP in 2019, is an expert in HMRC enquiries and investigations, and also often works with Stuttaford in cases involving warranty and indemnity insurance. Chris Bates assists with HMRC investigations, risk reviews and tax governance and compliance matters.

Property litigation Tier 4

Norton Rose Fulbright works with various other departments to act for a diverse client roster, including investors, developers, landlords, financial institutions, joint venture partners and corporate occupiers. Its practice has two main areas of focus; portfolio management (including landlord and tenant issues) and development disputes, with particular emphasis on development constraints. Team head and solicitor advocate David Stevens is active in both areas.

Shipping Tier 4

Norton Rose Fulbright's London team acts in tandem with the firm's lawyers around the world to effectively handle cross-border mandates including contractual disputes, casualty and admiralty disputes, and shipbuilding and financing. The practice is led by Philip Roche, who has broad experience of marine disputes in the High Court and Court of Appeal, as well as in arbitration. Charlotte Winter specialises in asset finance-related litigation, such as mortgage enforcement and ship financing disputes. Robert Driver joined the London team from the Singapore office as a consultant in August 2019.

Acquisition finance Tier 5

The 'exceptionally responsive' team at Norton Rose Fulbright provides 'pragmatic and commercial advice' to banks, funds and corporates across a range of acquisition finance mandates, often with a multi-jurisdictional complexion. As well as its ability to partner up with practitioners in situ across a range of global jurisdictions (including Africa), the team adds particular value on mandates in core areas of sector focus for the firm as a whole, including energy, transport, financial services and life sciences. Michael Black has a strong reputation in the market, and has niche expertise advising lenders on acquisition finance mandates incorporating ABL techniques. Chris Brown  heads up the overarching banking and finance group.

Employers Tier 5

Norton Rose Fulbright effectively deals with both contentious employment matters and transactional support work, offering strong cross-border capabilities due to its huge global footprint. The labour and employment department regularly advises on severance issues and boardroom disputes, as well as corporate governance matters and more standard disciplinary and grievance issues. Trade union disputes and Employment Tribunal work are other areas of strength. Team head Paul Griffin has notable experience in the tech, financial services and transport sectors.

Intellectual property: trade marks, copyright and design Tier 5

Norton Rose Fulbright’s IP practice is headed up by Mike Knapper, who focuses on transactional, trade mark, copyright and design exploitation, and strategic IP matters for a clients across a diverse range of sectors, most notably financial services. Recent work highlights for Knapper have included large-scale trade mark licensing and ownership projects across various EMEA jurisdictions. In a boost for the firm's contentious offering, Paul Joseph – a recommended litigation and arbitration expert across the full spectrum of IP types – recently joined from RPC.

M&A: upper mid-market and premium deals, £500m+ Tier 5

Norton Rose Fulbright has established corporate capabilities across North America, Europe, Africa and  Asia Pacific. Its strong sector expertise includes energy, infrastructure, mining, commodities, transport, tech, life sciences and healthcare. Raj Karia leads the department and specialises in public and cross-border M&A transactions, with a client list made up of international corporates and investment banks. Elsewhere in the practice, Paul Whitelock advises on public M&A and capital markets transactions focusing on the LSE and AIM.

Planning Tier 5

Corporate restructuring & insolvency Tier 6

Intellectual property: patents (contentious and non-contentious) Tier 6

Norton Rose Fulbright provides commercial IP advice, including in respect of patents, to a client portfolio of multinationals in the pharmaceutical, telecoms, FMCG and manufacturing sectors. Practice head Michael (Mike) Knapper recently assisted with licensing, R&D and rights acquisitions.

Sport Tier 6

Norton Rose Fulbright has a strong corporate and commercial offering in the sports arena, acting for well-known entities such as Southampton FC, Harlequins and the British Racing Drivers Club. The team is led by Stephen Rigby, an expert in M&A and equity capital markets, and is supported by corporate finance specialist Claire O’Donnell.

France > Aviation finance Tier 1

The 'world-class' team at Norton Rose Fulbright, which is led by the 'client-focused' George Paterson, advises prominent banks and financial institutions on matters including high-value aircraft financing and leasing, regulatory elements and financing structures. The team acts for clients including BNP Paribas and Société Générale and its work frequently has a cross-border element. Sébastien Allain is also recommended for his work with banks and airlines on cross-border financing and leasing, aircraft sale, and pre-delivery financing. Marc Hamilton is also noted.

Tunisia > Foreign firms Tier 3

Norton Rose Fulbright's North Africa offering is largely based out of the firm's Paris and Casablanca offices where group head Alain Malek is based. Makek is a key name for M&A and cross-border transactions and is experienced in infrastructure and natural resources projects. Counsels Godefroy Le Mintier, who is experienced in financial services sector work, and Anne-Laure Bernard-Bouissieres, who is a  corporate and banking specialist, are also noted.

India > Foreign firms Tier 3

Norton Rose Fulbright is particularly experienced in advising major banks, finance providers, corporate and sovereign entities. It handles a range of India-related transactions, pertaining to sectors such as energy, infrastructure, transport, technology, life sciences and healthcare. Stephen Begley leads on this work from Singapore. With particular expertise acting for Indian corporates in the oil and gas, power and construction industries, the firm's ‘pragmatic and knowledgeable’ arbitration practice, based in London and Singapore, handles international proceedings in a variety of arbitral forums, such as UNCITRAL and the ICC, relating to unpaid project fees, breach of settlement and share purchase agreements, claims for damages and disputes between companies and investors. From London, qualified arbitrator and practice head Sherina Petit heads the India group and brings considerable expertise to the team through her diverse experience in international arbitrations in sectors including infrastructure, trade, pharmaceuticals and technology.

Japan > Corporate and M&A: International firms and joint ventures Tier 4

Chris Viner splits his time between London and Tokyo and is the main name to note within Norton Rose Fulbright's Japan-based corporate offering. Viner has a strong track record acting for clients in the energy, power, infrastructure, and financial services sectors, and previously advised Mitsui on its acquisition of a participation in the Maersk Tankers fleet of refined oil tankers.