DEPARTMENT PROFILE

GPW

Political Risk

2 ranked individualsBand 1Global-wideCrisis & Risk Management 2021 View ranking table

Chambers Review

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What the team is known for

GPW has a longstanding and respected presence in the business intelligence and investigations market. The firm specialises in providing bespoke political risk reports and is recognised in the industry for its stakeholder mapping of emerging markets, particularly in Russia, Kazakhstan, Turkey and Iran. In addition, GPW provides advice to clients on the risks posed by US and European sanctions, primarily against Russia and Iran.

"They give good insight into why things are transpiring and what is behind the headlines," says one source, while another adds: "The consultative work done by GPW has a lot of interaction with their investigations business, which is what you need for a good political risk practice," continuing: "They are very strong in Russia, the former Soviet Union and EMEA." A client reports: "Their intelligence gathering helps us understand risks that we can price in or form a view on whether or not we want to proceed with a transaction."

Notable practitioners

Livia Paggi manages GPW's political risk practice and is a co-owner of the firm. Paggi has garnered wide recognition for her intimate understanding of the Russian, Central Asian and Turkish markets. She is regularly consulted by multinational corporate clients that are looking to develop market entry strategies.

"She is extremely impressive," enthuses a source, who adds that "she has built the political risk business into what it is today." A client observes: "She is very strong on political risk, particularly Eastern Europe and Russia.""Livia is very happy to jump on a call with several hours' notice and gets the work done on time and on budget," says another impressed client, adding: "She goes above and beyond."

Philip Worman manages and co-owns GPW. He has a great degree of experience in the industry, having led political risk practices at numerous competitors. Worman is able to assist in sanctions advisory, market entry analysis, stakeholder management and evaluating potential partners' political exposure.

"Philip is a real stalwart of the industry; he has a great following in it as well," observes a market commentator. "He never fails to deliver an outstanding presentation on political risk matters across geographies," says a source. A third commentator comments: "He demands very high standards, both of his written work and due diligence, but also of business probity. He is an honest and trustworthy person."

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Ranked Individuals

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Global-wide

Political Risk


Livia Paggi
Band 1
Philip Worman
Band 1