Ranking tables
Capital Markets: Equity | Global
UK
Rankings overview for Departments
Band 1
Band 2
Band 4
- Baker McKenzie 10 Years Ranked
- Gibson, Dunn & Crutcher LLP 4 Years Ranked
- Simmons & Simmons LLP 15 Years Ranked
- Slaughter and May 19 Years Ranked
- Cleary Gottlieb Steen & Hamilton LLP
Eminent Practitioners
Band 1
Band 2
- Adam Wells A&O Shearman7 Years Ranked
- Christopher Horton Latham & Watkins14 Years Ranked
- Christopher Roe Clifford Chance LLP1 Years Ranked
- Inigo Esteve White & Case LLP6 Years Ranked
- James Roe A&O Shearman8 Years Ranked
- James Wootton Linklaters6 Years Ranked
- Jonathan Parry White & Case LLP6 Years Ranked
- Pam Shores Linklaters10 Years Ranked
- Tom O'Neill Herbert Smith Freehills19 Years Ranked
Band 3
- Ashar Qureshi Fried, Frank, Harris, Shriver & Jacobson LLP14 Years Ranked
- Danny Tricot Skadden, Arps, Slate, Meagher & Flom (UK) LLP12 Years Ranked
- David Dixter Milbank LLP9 Years Ranked
- James Inness Latham & Watkins4 Years Ranked
- Jeff Hendrickson A&O Shearman6 Years Ranked
- Julian Makin Freshfields19 Years Ranked
- Michael Bloch A&O Shearman5 Years Ranked
- Nicholas Holmes Ashurst18 Years Ranked
- Tom Thorne Linklaters4 Years Ranked
- Sebastian R SperberCleary Gottlieb Steen & Hamilton LLP
Band 4
- Andrew Caunt Greenberg Traurig, LLP10 Years Ranked
- Christopher Haynes Gibson, Dunn & Crutcher LLP15 Years Ranked
- Dan Hirschovits Paul Hastings (Europe) LLP1 Years Ranked
- James Mountain Greenberg Traurig, LLP1 Years Ranked
- Jamie Corner Simmons & Simmons LLP2 Years Ranked
- John Satory Fried, Frank, Harris, Shriver & Jacobson LLP4 Years Ranked
- Michael Jacobs Herbert Smith Freehills2 Years Ranked
- Mike Flockhart Herbert Smith Freehills1 Years Ranked
- Reuven Young Davis Polk & Wardwell LLP5 Years Ranked
- Simon Bullock Ashurst1 Years Ranked
- Simon Witty Davis Polk & Wardwell LLP20 Years Ranked
- David GottliebCleary Gottlieb Steen & Hamilton LLP
All Departments profiles
Band 1
1 A&O ShearmanCapital Markets: Equity2025 | Band 1 | 34 Years RankedA&O Shearman has extensive capital markets bench strength, allowing it to provide sophisticated advice on a comprehensive array of debt and equity transactions. The team's focal points range from bank regulatory work to some of the UK's largest IPOs, as well as complex high-yield offerings and leveraged finance deals. A&O has significant expertise advising on medium-term note programmes and debt issuances for major investment banks and issuers. Equally able across DCM and ECM, the department draws on integrated US law capabilities and support from a network of EMEA partners, to act on the most significant cross-border transactions.
1 Clifford Chance LLPCapital Markets: Equity2025 | Band 1 | 20 Years RankedClifford Chance has a strong reputation for sovereign DCM issuances and high-value IPOs. In particular, the team benefits from both US and European capabilities, as well as a far-reaching high-yield practice with support from specialists in Hong Kong and New York. The firm has expertise in US securities laws including Rule 144A offerings, which enables the smooth handling of complex cross-border transactions.
1 LinklatersCapital Markets: Equity2025 | Band 1 | 20 Years RankedLinklaters houses a market-leading capital markets team that is recognised for its skilled handling of both debt and equity transactions as well as offering capabilities in high-yield matters. The team handles matters across the UK, Europe and the USA, demonstrating prowess in areas such as liability management, sovereign bonds and equity-linked products. It benefits from strong ties to the firm's banking and finance team, and has particular expertise in convertible bond issues and green bond DCM transactions.
1 White & Case LLPCapital Markets: Equity2025 | Band 1 | 16 Years RankedWhite & Case provides skilled representation across DCM, ECM and high-yield capital markets transactions. Especially recognised for cross-border work, the firm maintains an extremely strong presence in European capital markets as well as the Middle East, Africa and other emerging markets. Areas of particular specialism include sovereign deals, debt restructurings and equity listings for EMEA issuers. The team is routinely sought out for advice on high-value regulatory capital matters and liability management work.
Band 2
2 FreshfieldsCapital Markets: Equity2025 | Band 2 | 20 Years RankedFreshfields tackles a diverse range of DCM and ECM transactions, from IPOs to sovereign bonds and MTN programmes. The team represents issuers, banks, regulators and exchanges and has significant experience in equity-linked deals, liability management and rights issues. In addition, it offers strong capabilities in the high-yield capital markets space.2 Herbert Smith FreehillsCapital Markets: Equity2025 | Band 2 | 20 Years RankedHerbert Smith Freehills is frequently engaged by issuers and deal managers on debt and equity matters in the UK. The team has additional experience in international deals, including those in emerging markets. Specific expertise includes private placements, equity-linked transactions and EMTN programmes. Notably, the firm also has a significant track record in UK IPOs and equity deals undertaken within the context of refinancings or restructurings.2 Latham & WatkinsCapital Markets: Equity2025 | Band 2 | 20 Years RankedLatham & Watkins has a pre-eminent high-yield practice that regularly acts on market-leading transactions. The firm offers the largest team in Europe and is a first port of call for both sponsors and issuers. In addition, it has a standout equity offering that is able to draw upon international resources to advise on transactions throughout Europe, the USA and emerging markets.
Band 3
3 AshurstCapital Markets: Equity2025 | Band 3 | 20 Years RankedAshurst's renowned team of capital markets specialists advise on the full range of debt and equity offerings. The group enjoys strong relationships with leading investment banks and also provides extensive support to issuer clients. It offers expertise in high-value IPOs, secondary capital raises and a wide range of DCM transactions including corporate and sovereign bonds and emerging market bonds. It is also sought after for its experience on block trades and reverse takeovers.
3 Davis Polk & Wardwell LLPCapital Markets: Equity2025 | Band 3 | 19 Years RankedThe team at Davis Polk provides counsel to financial institutions on debt and equity offerings and brings its close relationship with the firm's corporate lawyers to bear on acquisition financings. With extensive experience handling capital markets transactions in both Europe and emerging markets, it has particular strength on deals in the Netherlands, Germany and the Nordics.
Band 4
4 Baker McKenzieCapital Markets: Equity2025 | Band 4 | 10 Years RankedBaker McKenzie fields a team of UK and US-qualified specialists with well-established connections throughout Europe, the Middle East and Africa. The team focuses on sovereigns and emerging markets work across the capital markets. It is proficient in issuer-side advice for DCM transactions with further noteworthy expertise on both ECM and high-yield matters.4 Gibson, Dunn & Crutcher LLPCapital Markets: Equity2025 | Band 4 | 4 Years RankedGibson Dunn & Crutcher fields a well-regarded team that is noted for its expertise in both cross-border and domestic capital market matters. The firm principally advises issuers on IPOs and equity placings, and possesses notable expertise in the technology sector.
4 Simmons & Simmons LLPCapital Markets: Equity2025 | Band 4 | 15 Years RankedSimmons & Simmons advises issuers, banks and investors at every stage of both debt and equity transactions. The team possesses a diverse work portfolio that encompasses IPOs, convertible bonds and private placements with additional capacity for regulatory capital transactions, EMTN programmes and secondary offerings. Notably, the firm can advise on transactions involving complex aspects of US securities law.4 Slaughter and MayCapital Markets: Equity2025 | Band 4 | 19 Years RankedSlaughter and May brings an issuer-side focus to both its DCM and ECM work. Specifically, the team comes highly recommended for its work with UK-based corporate groups on equity listings including high-value IPOs. In addition, the firm is recommended for its debt practice where it advises on standard issuances as well as more complex structures such as equity-linked products.