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Clifford Chance

Germany

2026_IFLR1000 Top Tier Firm.svg
2026_IFLR1000 Ranked 10+ Years.svg
Key practice areas
Banking
Project finance
Capital markets : Debt
Capital markets : Equity
Capital markets : Structured finance and securitisation
Financial and corporate
Financial services regulatory
Private equity
Restructuring
M&A
Project development
Banking and finance
Firm overview

Clifford Chance is a powerhouse across the financial and corporate sphere with highly rated partners and a deep bench in almost all areas. One of the world’s pre-eminent law firms, the firm has a significant depth and range of resources across five continents. 

IFLR1000 Sponsored

2027 Edition
Banking and finance
38 firms ranked
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Tier 1

Clifford Chance
12 practice areas
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Freshfields
13 practice areas
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Hengeler Mueller
12 practice areas
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Latham & Watkins
11 practice areas
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Milbank
11 practice areas
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Tier 2

A&O Shearman
14 practice areas
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Linklaters
13 practice areas
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Tier 3

Ashurst Perkins Coie
9 practice areas
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Gleiss Lutz
13 practice areas
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Noerr
10 practice areas
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White & Case
13 practice areas
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Tier 4

Bird & Bird
10 practice areas
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CMS Hasche Sigle
10 practice areas
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Goodwin Procter
4 practice areas
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Gütt Olk Feldhaus
5 practice areas
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Kirkland & Ellis
11 practice areas
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McDermott Will & Schulte
12 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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Willkie Farr & Gallagher
9 practice areas
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Tier 5

Astera Legal
3 practice areas
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Baker McKenzie
10 practice areas
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Hogan Lovells Cadwalader
11 practice areas
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King & Spalding
6 practice areas
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Luther
4 practice areas
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Mayer Brown
10 practice areas
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Norton Rose Fulbright
7 practice areas
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Taylor Wessing
7 practice areas
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Weil Gotshal & Manges
9 practice areas
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Tier 6

Bryan Cave Leighton Paisner
3 practice areas
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Heuking Kühn Lüer Wojtek
9 practice areas
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LARK
18 practice areas
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LSP | Lindemann Schwennicke & Partner
4 practice areas
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Notable

DLA Piper
5 practice areas
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Gibson Dunn & Crutcher
5 practice areas
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Schalast & Partner (Schalast Law | Tax)
5 practice areas
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Sidley Austin
7 practice areas
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Simmons & Simmons
5 practice areas
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Sullivan & Cromwell
6 practice areas
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Capital markets : Debt
22 firms ranked
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Tier 1

Freshfields
13 practice areas
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Hengeler Mueller
12 practice areas
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Linklaters
13 practice areas
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Tier 2

Clifford Chance
12 practice areas
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Latham & Watkins
11 practice areas
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White & Case
13 practice areas
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Tier 3

A&O Shearman
14 practice areas
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Gleiss Lutz
13 practice areas
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Hogan Lovells Cadwalader
11 practice areas
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Noerr
10 practice areas
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Norton Rose Fulbright
7 practice areas
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Sullivan & Cromwell
6 practice areas
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Tier 4

Ashurst Perkins Coie
9 practice areas
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Mayer Brown
10 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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Tier 5

Heuking Kühn Lüer Wojtek
9 practice areas
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Kirkland & Ellis
11 practice areas
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Milbank
11 practice areas
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Notable

Dentons
12 practice areas
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McDermott Will & Schulte
12 practice areas
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Pinsent Masons
5 practice areas
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Willkie Farr & Gallagher
9 practice areas
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Capital markets : Equity
25 firms ranked
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Tier 1

Freshfields
13 practice areas
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Hengeler Mueller
12 practice areas
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Linklaters
13 practice areas
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Sullivan & Cromwell
6 practice areas
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Tier 2

Clifford Chance
12 practice areas
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Latham & Watkins
11 practice areas
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Tier 3

A&O Shearman
14 practice areas
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Gleiss Lutz
13 practice areas
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Hogan Lovells Cadwalader
11 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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White & Case
13 practice areas
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Tier 4

Ashurst Perkins Coie
9 practice areas
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CMS Hasche Sigle
10 practice areas
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Milbank
11 practice areas
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Noerr
10 practice areas
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Tier 5

Kirkland & Ellis
11 practice areas
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Norton Rose Fulbright
7 practice areas
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Willkie Farr & Gallagher
9 practice areas
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Notable

Baker McKenzie
10 practice areas
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DLA Piper
5 practice areas
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Glade Michel Wirtz
4 practice areas
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Heuking Kühn Lüer Wojtek
9 practice areas
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Paul Hastings
10 practice areas
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Pinsent Masons
5 practice areas
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Taylor Wessing
7 practice areas
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Capital markets : High yield
11 firms ranked
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Tier 1

Latham & Watkins
11 practice areas
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White & Case
13 practice areas
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Tier 2

Clifford Chance
12 practice areas
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Linklaters
13 practice areas
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Tier 3

A&O Shearman
14 practice areas
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Freshfields
13 practice areas
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Gleiss Lutz
13 practice areas
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Hengeler Mueller
12 practice areas
View profile
Milbank
11 practice areas
View profile
Paul Hastings
10 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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Capital markets : Structured finance and securitisation
16 firms ranked
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Tier 1

Clifford Chance
12 practice areas
View full profile
Hengeler Mueller
12 practice areas
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Linklaters
13 practice areas
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Tier 2

Dentons
12 practice areas
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Hogan Lovells Cadwalader
11 practice areas
View profile
White & Case
13 practice areas
View full profile

Tier 3

A&O Shearman
14 practice areas
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Ashurst Perkins Coie
9 practice areas
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Baker McKenzie
10 practice areas
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Freshfields
13 practice areas
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Tier 4

Latham & Watkins
11 practice areas
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Mayer Brown
10 practice areas
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Notable

Gleiss Lutz
13 practice areas
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Jones Day
5 practice areas
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Noerr
10 practice areas
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Squire Patton Boggs
1 practice area
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Financial services regulatory
26 firms ranked
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Tier 1

Freshfields
13 practice areas
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Hengeler Mueller
12 practice areas
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Linklaters
13 practice areas
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Tier 2

Clifford Chance
12 practice areas
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Gleiss Lutz
13 practice areas
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Hogan Lovells Cadwalader
11 practice areas
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Latham & Watkins
11 practice areas
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PwC Legal
1 practice area
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White & Case
13 practice areas
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Tier 3

A&O Shearman
14 practice areas
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CMS Hasche Sigle
10 practice areas
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LSP | Lindemann Schwennicke & Partner
4 practice areas
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Tier 4

Annerton
1 practice area
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Bird & Bird
10 practice areas
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Noerr
10 practice areas
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Schalast & Partner (Schalast Law | Tax)
5 practice areas
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Willkie Farr & Gallagher
9 practice areas
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Notable

Deloitte Legal
1 practice area
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GSK Stockmann
3 practice areas
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Gunnercooke
1 practice area
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Görg
6 practice areas
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Jones Day
5 practice areas
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Mayer Brown
10 practice areas
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McDermott Will & Schulte
12 practice areas
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POELLATH
4 practice areas
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YPOG
3 practice areas
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M&A : Large-cap
24 firms ranked
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Tier 1

Freshfields
13 practice areas
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Hengeler Mueller
12 practice areas
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Linklaters
13 practice areas
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Tier 2

Clifford Chance
12 practice areas
View full profile
Gleiss Lutz
13 practice areas
View profile
Latham & Watkins
11 practice areas
View profile
Sullivan & Cromwell
6 practice areas
View profile

Tier 3

A&O Shearman
14 practice areas
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Milbank
11 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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White & Case
13 practice areas
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Tier 4

Baker McKenzie
10 practice areas
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CMS Hasche Sigle
10 practice areas
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Kirkland & Ellis
11 practice areas
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Noerr
10 practice areas
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Tier 5

Gibson Dunn & Crutcher
5 practice areas
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Hogan Lovells Cadwalader
11 practice areas
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Jones Day
5 practice areas
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SZA Schilling Zutt & Anschütz
4 practice areas
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Weil Gotshal & Manges
9 practice areas
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Willkie Farr & Gallagher
9 practice areas
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Notable

Cleary Gottlieb Steen & Hamilton
10 practice areas
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King & Spalding
6 practice areas
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Paul Hastings
10 practice areas
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M&A : Mid-cap
52 firms ranked
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Tier 1

Baker McKenzie
10 practice areas
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CMS Hasche Sigle
10 practice areas
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Tier 2

Clifford Chance
12 practice areas
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DLA Piper
5 practice areas
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Freshfields
13 practice areas
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Gleiss Lutz
13 practice areas
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Hengeler Mueller
12 practice areas
View profile
Linklaters
13 practice areas
View profile

Tier 3

A&O Shearman
14 practice areas
View full profile
Glade Michel Wirtz
4 practice areas
View profile
Heuking Kühn Lüer Wojtek
9 practice areas
View profile
Hogan Lovells Cadwalader
11 practice areas
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Latham & Watkins
11 practice areas
View profile
McDermott Will & Schulte
12 practice areas
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Morrison & Foerster
2 practice areas
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Noerr
10 practice areas
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Tier 4

Ashurst Perkins Coie
9 practice areas
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Berner Fleck Wettich
2 practice areas
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Bird & Bird
10 practice areas
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Dechert
3 practice areas
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Dentons
12 practice areas
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Greenberg Traurig
3 practice areas
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Gütt Olk Feldhaus
5 practice areas
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Herbert Smith Freehills Kramer
3 practice areas
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Mayer Brown
10 practice areas
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Milbank
11 practice areas
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Morgan Lewis & Bockius
1 practice area
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Norton Rose Fulbright
7 practice areas
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Oppenhoff & Partner
6 practice areas
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Orrick Herrington & Sutcliffe
1 practice area
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POELLATH
4 practice areas
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SZA Schilling Zutt & Anschütz
4 practice areas
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Taylor Wessing
7 practice areas
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Willkie Farr & Gallagher
9 practice areas
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Tier 5

Arqis
3 practice areas
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Eversheds Sutherland
1 practice area
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Gibson Dunn & Crutcher
5 practice areas
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Jones Day
5 practice areas
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King & Spalding
6 practice areas
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Kirkland & Ellis
11 practice areas
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LARK
18 practice areas
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Renzenbrink & Partner
2 practice areas
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Schalast & Partner (Schalast Law | Tax)
5 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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Tier 6

GLNS
5 practice areas
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K&L Gates
2 practice areas
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Kallan
2 practice areas
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Leo Schmidt-Hollburg Witte & Frank
2 practice areas
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Notable

ADVANT Beiten
1 practice area
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Pinsent Masons
5 practice areas
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Walberg & Cie. View full profile
YPOG
3 practice areas
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Private equity
38 firms ranked
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Tier 1

Clifford Chance
12 practice areas
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Freshfields
13 practice areas
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Hengeler Mueller
12 practice areas
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Kirkland & Ellis
11 practice areas
View profile
Latham & Watkins
11 practice areas
View profile
Milbank
11 practice areas
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Tier 2

Gleiss Lutz
13 practice areas
View profile
Linklaters
13 practice areas
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POELLATH
4 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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White & Case
13 practice areas
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Willkie Farr & Gallagher
9 practice areas
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Tier 3

A&O Shearman
14 practice areas
View full profile
CMS Hasche Sigle
10 practice areas
View profile
Gibson Dunn & Crutcher
5 practice areas
View profile
Hogan Lovells Cadwalader
11 practice areas
View profile
Weil Gotshal & Manges
9 practice areas
View profile

Tier 4

Ashurst Perkins Coie
9 practice areas
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Baker McKenzie
10 practice areas
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Goodwin Procter
4 practice areas
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Gütt Olk Feldhaus
5 practice areas
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LUPP + PARTNER
1 practice area
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McDermott Will & Schulte
12 practice areas
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Noerr
10 practice areas
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Paul Hastings
10 practice areas
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Renzenbrink & Partner
2 practice areas
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Sidley Austin
7 practice areas
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YPOG
3 practice areas
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Tier 5

GLNS
5 practice areas
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Herbert Smith Freehills Kramer
3 practice areas
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Notable

Astera Legal
3 practice areas
View profile
Bird & Bird
10 practice areas
View profile
Cleary Gottlieb Steen & Hamilton
10 practice areas
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DLA Piper
5 practice areas
View profile
Greenberg Traurig
3 practice areas
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King & Spalding
6 practice areas
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LARK
18 practice areas
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Mayer Brown
10 practice areas
View profile
Project development
21 firms ranked
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Tier 1

CMS Hasche Sigle
10 practice areas
View profile
Clifford Chance
12 practice areas
View full profile
Hogan Lovells Cadwalader
11 practice areas
View profile
White & Case
13 practice areas
View full profile

Tier 2

Gleiss Lutz
13 practice areas
View profile
Norton Rose Fulbright
7 practice areas
View profile

Tier 3

A&O Shearman
14 practice areas
View full profile
Bird & Bird
10 practice areas
View profile
DLA Piper
5 practice areas
View profile
Freshfields
13 practice areas
View profile
Hengeler Mueller
12 practice areas
View profile
Heuking Kühn Lüer Wojtek
9 practice areas
View profile
Linklaters
13 practice areas
View profile
Watson Farley & Williams
5 practice areas
View profile

Tier 4

Dentons
12 practice areas
View profile
Noerr
10 practice areas
View profile
Pinsent Masons
5 practice areas
View profile
Taylor Wessing
7 practice areas
View profile

Notable

Ashurst Perkins Coie
9 practice areas
View profile
GvW Graf von Westphalen
1 practice area
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Latham & Watkins
11 practice areas
View profile
Project finance
15 firms ranked
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Tier 1

Clifford Chance
12 practice areas
View full profile
White & Case
13 practice areas
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Tier 2

Freshfields
13 practice areas
View profile
Hogan Lovells Cadwalader
11 practice areas
View profile
Norton Rose Fulbright
7 practice areas
View profile

Tier 3

A&O Shearman
14 practice areas
View full profile
CMS Hasche Sigle
10 practice areas
View profile
Linklaters
13 practice areas
View profile
Watson Farley & Williams
5 practice areas
View profile

Tier 4

Bird & Bird
10 practice areas
View profile
Gleiss Lutz
13 practice areas
View profile

Notable

Dentons
12 practice areas
View profile
Heuking Kühn Lüer Wojtek
9 practice areas
View profile
Latham & Watkins
11 practice areas
View profile
Noerr
10 practice areas
View profile
Restructuring
30 firms ranked
View full list

Tier 1

Freshfields
13 practice areas
View profile
Kirkland & Ellis
11 practice areas
View profile

Tier 2

A&O Shearman
14 practice areas
View full profile
Clifford Chance
12 practice areas
View full profile
Dentons
12 practice areas
View profile
Gleiss Lutz
13 practice areas
View profile
Hengeler Mueller
12 practice areas
View profile
Latham & Watkins
11 practice areas
View profile
Linklaters
13 practice areas
View profile
Willkie Farr & Gallagher
9 practice areas
View profile

Tier 3

CMS Hasche Sigle
10 practice areas
View profile
Görg
6 practice areas
View profile
Hogan Lovells Cadwalader
11 practice areas
View profile
McDermott Will & Schulte
12 practice areas
View profile
Milbank
11 practice areas
View profile
Noerr
10 practice areas
View profile
White & Case
13 practice areas
View full profile

Tier 4

Heuking Kühn Lüer Wojtek
9 practice areas
View profile
Sidley Austin
7 practice areas
View profile
Taylor Wessing
7 practice areas
View profile
Weil Gotshal & Manges
9 practice areas
View profile
Wellensiek
3 practice areas
View profile

Notable

Ashurst Perkins Coie
9 practice areas
View profile
Astera Legal
3 practice areas
View profile
Baker McKenzie
10 practice areas
View full profile
Finkenhoff
1 practice area
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Glade Michel Wirtz
4 practice areas
View profile
Jones Day
5 practice areas
View profile
Mayer Brown
10 practice areas
View profile
Schultze & Braun
3 practice areas
View profile
Linked Reviews
Financial and corporate
Magic Circle firm Clifford Chance is among the largest law firms in the world, with global operations in 23 countries. It has offices in Frankfurt, Düsseldorf and Munich. The firm has a formidable practice across all sectors. Its standout capital markets practice includes Simon Reitz and Axel Wittmann. In a recent highlight the team advised GD Towers on its EUR 7.7 billion refinancing comprising the establishment of a new common terms financing platform and a record EUR 2.5 billion private placement. The project finance team includes highly regarded practitioner Florian Mahler, who advised Nofar Energy on the project financing of its first battery energy storage system in Germany, a deal that was shortlisted for Deal of the Year at the 2026 IFLR Europe Awards. The corporate team, led by Thomas Krecek, advised Helvetia Holding on its planned merger of equals with Baloise Holding, ultimately forming Helvetia Baloise Holding.

Key clients of the firm include GD Towers, Nofar Energy, Deutsche Bank, J.P. Morgan, MTU Aero Engines, Vantage Data Centers, Aeral Bank, Barclays Bank Ireland, Helvetia Holding, Helvetia Holding, and BNP Paribas.

Testimonials
‘We especially appreciate their teamwork approach, availability, and pragmatism.’ (M&A)
36 results36 results
1
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2
Deal Highlights
67 results67 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
DekaBank - Bond Issue
2021-07-01
Clifford Chance
Germany
Bond issue
DekaBank, DZ Bank, Erste Group Bank AG
Underwriter
EEW Energy from Waste GmbH - Bond Issue
2021-06-01
Clifford Chance
Germany
Bond issue
EEW Energy from Waste GmbH
Issuer
3i Infrastructure plc - M&A
2021-04-01
Clifford Chance
Germany
M&A
Alexander Shemyakin, Alicia Busch, Andreas Ruthemeyer, Anna Chiettini, Anne Britta Haas, Anne Filzmoser, Arne Gayk, Christof Hafner, Claudia Milbradt, David Pasewaldt, David Rahmel, Dimitri Slobodenjuk, Felix Feldmann, Frederik Muehl, Gerd Hegele, Iliana Diedrich, Ines Keitel, Katrin Wick, Marc Besen, Marcus Drescher, Mario Maier, Markus Stephanblome, Mathias Elspass, Michael Bates, Michael Kummel, Natalie Hemberger, Nicolas Hohn-Hein, Reinhard Scheer-Hennings, Steffen Amelung, Susanne Werry, Timo Heppner, Yan Ma
3i Infrastructure plc
Buyer
Dedalus Italia SpA - M&A
2021-05-27
Clifford Chance
Germany
M&A
Marc Besen, Ulrich Pfeffer
Dedalus Italia SpA
Buyer
ID Verde SAS - M&A
2021-04-01
Clifford Chance
Germany
M&A
Christopher Fischer, Cord von Mandelsloh, Fabian Bohm, Friedrich von Bulow, Gerd Hegele, Ines Keitel, Ines Marin, Isabel Freudenberg, Olaf Mertgen, Stefan Bruder
ID Verde SAS
Buyer
Software AG - M&A
2021-12-13
Clifford Chance
Germany
M&A
Software AG
Seller
HomeToGo GmbH - M&A
2021-07-14
Clifford Chance
Germany
M&A
HomeToGo GmbH
Seller
Volkswagen AG - M&A
2021-03-26
Clifford Chance
Germany
M&A
Agnieszka Janicka, Aldara Sola, Alex Cook, Anna Chiettini, Anne Britta Haas, Claudia Milbradt, Dominik Engl, Glen Ma, Jakub Vesely, Jorg Rhiel, Krzysztof Hajdamowicz, Michal Jasek, Nadine Fell, Nicolas Hohn-Hein, Nikoletta Koziol, Thomas Reischauer
Volkswagen AG
Seller
Triton Investment Management Ltd. - M&A
2021-02-18
Clifford Chance
Germany
M&A
Anne Filzmoser, Anselm Raddatz, Claudia Milbradt, Cord von Mandelsloh, Daniel Gutmann, David Pasewaldt, Echo Yang, Felix Muhlhauser, Frederik Muhl, Glen Ma, Ines Keitel, Judith Dany, Katrin Wick, Kevin Lehpamer, Liza Laube, Marc Besen, Marie-Christine Schulte, Mario Maier, Michael Kummel, Nicolas Hohn-Hein, Rachel Park, Susanne Werry, Thomas Voland
Triton Investment Management Ltd.
Buyer
Trinseo SA - M&A
2021-05-21
Clifford Chance
Germany
M&A
Amrei Fuder, Anne Filzmoser, Claudia Milbradt, Dimitri Slobodenjuk, Dominik Engl, Jorg Rhiel, Krzysztof Hajdamowicz, Lara Stelmach, Markus Bohn, Michael Kummel, Moritz Petersen, Nicolas Hohn-Hein, Stefan Simon
Trinseo SA
Seller
BorgWarner Inc. - M&A
2021-02-15
Clifford Chance
Germany
M&A
BorgWarner Inc.
Buyer
Leonardo SpA - M&A
2021-04-24
Clifford Chance
Germany
M&A
Leonardo SpA
Buyer
ZF Finance GmbH - Bond Issue
2021-10-01
Clifford Chance
Germany
Bond issue
Bank of America Merrill Lynch, Bank of China, JP Morgan Chase, Mizuho Bank
Underwriter
ZF Finance GmbH - Bond Issue
2021-11-01
Clifford Chance
Germany
Bond issue
Banco Santander, Bank of America Merrill Lynch, BNP Paribas, Citigroup, Commerzbank, Deutsche Bank, Helaba, ING Bank, JP Morgan Chase, Landesbank Baden-Wuerttemberg - LBBW, Mitsubishi Corp, Mizuho Bank, Sumitomo Mitsui Financial Group, UniCredit
Underwriter
German Lion RMBS - Bond Issue
2021-11-01
Clifford Chance
Germany
Bond issue
German Lion RMBS
Issuer
LEG Immobilien AG - Bond Issue
2021-11-01
Clifford Chance
Germany
Bond issue
Bank of America Merrill Lynch, BNP Paribas, Commerzbank, Deutsche Bank, HSBC, Société Générale, UniCredit
Underwriter
LEG Immobilien AG - Bond Issue
2021-10-01
Clifford Chance
Germany
Bond issue
Bank of America Merrill Lynch, BNP Paribas, Commerzbank, Deutsche Bank, HSBC, Société Générale, UniCredit
Underwriter
Telefonica SA - M&A
2022-05-09
Clifford Chance
Germany
M&A
Belen Irissarry, Christopher Fischer, Claudia Milbradt, Cord von Mandelsloh, Dimitri Slobodenjuk, Jana Landsittel, Julius Schradin, Marc Besen, Miguel Odriozola, Nicolas Hohn-Hein, Olaf Mertgen, Ribana Piontek, Simon Schmid, Stefan Bruder, Stefan Simon
Telefonica SA
Buyer
Redevco BV - M&A
2022-05-03
Clifford Chance
Germany
M&A
Alexander Shemyakin, Alexandra Uhl, Carina Soesanto, Christian Eli, Dominik Engl, Gregor Evenkamp, Ines Keitel, Jordy de Meij, Jorg Rhiel, Leonie Gebauer, Magda Pawela-Hausler, Margret Bootz-Hagen, Mario Opitz, Mark Aschenbrenner, Natalie Hemberger, Nicole Engesser Means, Robert Schmidt, Sebastian Rakob, Tatjana Bougargour, Thomas Reischauer
Redevco BV
Buyer
Deutsche KNM GmbH - M&A
2022-05-30
Clifford Chance
Germany
M&A
Bettina Steinhauer, Christian Cranmore, Cord von Mandelsloh, Dimitri Slobodenjuk, Dominik Engl, Jorg Rhiel, Julius Schradin, Maria-Franziska Rontsch
Deutsche KNM GmbH
Seller
2
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4

INSIGHTS NON SPONSORED

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From Germany to California, we round up key partner moves across private equity, secondaries, finance and venture capital
Corporate partner Aline Cardin and counsel Alexander Tollast discuss winning the instruction, road-testing the EU Pilot Regime and turning a first-of-its-kind transaction into know-how
Gibson Dunn has hired a seven-lawyer investment funds team from Clifford Chance in Paris, led by partner Xavier Comaills, as the firm continues its European expansion
Clifford Chance, Bowmans and Udo Udoma & Belo Osagie were among the top winning firms at the awards dinner held in Cape Town on March 17  
M&A
Corporate M&A and PE lawyer Alexandra Wilde has been appointed as managing partner to ‘lead the next phase of growth across the US region’
New hires were made across the PE, M&A, real estate, antitrust, finance and capital markets practices in the UK and the US
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