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Rankings published in 2026
Capital markets - Foreign
Tier 3
25 firms ranked
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Tier 1

Clifford Chance
16 practice areas
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Davis Polk & Wardwell
8 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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Tier 2

A&O Shearman
16 practice areas
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Freshfields
12 practice areas
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Kirkland & Ellis
8 practice areas
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Latham & Watkins
15 practice areas
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Linklaters
15 practice areas
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Simpson Thacher & Bartlett
9 practice areas
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Tier 3

Baker McKenzie
14 practice areas
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Cooley
5 practice areas
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DLA Piper
14 practice areas
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Herbert Smith Freehills Kramer
13 practice areas
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O'Melveny & Myers
8 practice areas
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Paul Hastings
16 practice areas
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Sidley Austin
11 practice areas
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Slaughter and May
6 practice areas
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Sullivan & Cromwell
8 practice areas
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Wilson Sonsini Goodrich & Rosati
5 practice areas
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Tier 4

Cleary Gottlieb Steen & Hamilton
10 practice areas
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Milbank
12 practice areas
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Morgan Lewis & Bockius
5 practice areas
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Reed Smith
7 practice areas
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Notable

Dorsey & Whitney
6 practice areas
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Ropes & Gray
8 practice areas
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M&A - Foreign
Tier 3
45 firms ranked
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Tier 1

Clifford Chance
16 practice areas
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Freshfields
12 practice areas
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Kirkland & Ellis
8 practice areas
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Linklaters
15 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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Tier 2

A&O Shearman
16 practice areas
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Baker McKenzie
14 practice areas
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Cleary Gottlieb Steen & Hamilton
10 practice areas
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Davis Polk & Wardwell
8 practice areas
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Latham & Watkins
15 practice areas
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Paul Weiss Rifkind Wharton & Garrison
6 practice areas
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Simpson Thacher & Bartlett
9 practice areas
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Weil Gotshal & Manges
7 practice areas
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Tier 3

DLA Piper
14 practice areas
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Gibson Dunn & Crutcher
8 practice areas
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Herbert Smith Freehills Kramer
13 practice areas
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Hogan Lovells Cadwalader
15 practice areas
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Morgan Lewis & Bockius
5 practice areas
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Morrison & Foerster
11 practice areas
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Norton Rose Fulbright
13 practice areas
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O'Melveny & Myers
8 practice areas
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Paul Hastings
16 practice areas
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Sidley Austin
11 practice areas
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Slaughter and May
6 practice areas
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White & Case
12 practice areas
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Tier 4

Ashurst Perkins Coie
8 practice areas
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CMS
4 practice areas
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Cooley
5 practice areas
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Jones Day
11 practice areas
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Milbank
12 practice areas
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MinterEllison
6 practice areas
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Pinsent Masons
9 practice areas
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Reed Smith
7 practice areas
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Ropes & Gray
8 practice areas
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Wilson Sonsini Goodrich & Rosati
5 practice areas
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Notable

Cuatrecasas
4 practice areas
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Dorsey & Whitney
6 practice areas
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GRATA International
6 practice areas
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Garrigues
6 practice areas
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Gide Loyrette Nouel
9 practice areas
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Goodwin Procter
5 practice areas
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LPA Law
3 practice areas
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Nishimura & Asahi
3 practice areas
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Pillsbury Winthrop Shaw Pittman
3 practice areas
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Taylor Wessing
7 practice areas
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Project development - Foreign
Tier 1
20 firms ranked
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Tier 1

A&O Shearman
16 practice areas
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Clifford Chance
16 practice areas
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Herbert Smith Freehills Kramer
13 practice areas
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Linklaters
15 practice areas
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Tier 2

Baker McKenzie
14 practice areas
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King & Wood
14 practice areas
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Milbank
12 practice areas
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Norton Rose Fulbright
13 practice areas
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Tier 3

Ashurst Perkins Coie
8 practice areas
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DLA Piper
14 practice areas
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Gide Loyrette Nouel
9 practice areas
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Hogan Lovells Cadwalader
15 practice areas
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Jones Day
11 practice areas
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Pinsent Masons
9 practice areas
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White & Case
12 practice areas
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Tier 4

MinterEllison
6 practice areas
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Simmons & Simmons
14 practice areas
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Skadden Arps Slate Meagher & Flom
13 practice areas
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Notable

GRATA International
6 practice areas
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Gibson Dunn & Crutcher
8 practice areas
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Project finance - Foreign
Tier 3
13 firms ranked
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Tier 1

A&O Shearman
16 practice areas
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Clifford Chance
16 practice areas
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Tier 2

Baker McKenzie
14 practice areas
View profile
Linklaters
15 practice areas
View profile
Norton Rose Fulbright
13 practice areas
View profile
White & Case
12 practice areas
View profile

Tier 3

Ashurst Perkins Coie
8 practice areas
View profile
DLA Piper
14 practice areas
View profile
Herbert Smith Freehills Kramer
13 practice areas
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Hogan Lovells Cadwalader
15 practice areas
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Jones Day
11 practice areas
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Milbank
12 practice areas
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Simmons & Simmons
14 practice areas
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2 results2 results
Deal Highlights
13 results13 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Shandong Hi-speed Group Co Ltd - Bond Issue
2021-05-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Shandong Hi-speed Group Co Ltd
Issuer
Shandong Finance Investment Group Co Ltd - Bond Issue
2021-06-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Industrial Bank Co Ltd, Bank of China, Agricultural Bank of China, Bank of Communications, Bank of East Asia, China International Capital Corp, China Minsheng Banking, CCB International (Holdings) Ltd, Hua Xia Bank Co Ltd, ICBC, Huatai Securities Co Ltd, China Everbright Bank, Shanghai Pudong Innotek Capital Co Ltd, CSFG International Securities Ltd, Luso International Banking Ltd
Underwriter
Yancheng High-tech Zone Investment Group Corp Ltd - Bond Issue
2021-09-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Dongxing Securities Co Ltd, Luso International Banking Ltd, Fosun Hani Securities Ltd, AMC Wanhai Securities Limited, Shanghai Pudong Development (Group) Co Ltd, Wilson Securities Ltd
Underwriter
China National Bluestar (Group) Co Ltd - Bond Issue
2021-07-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
China National Bluestar (Group) Co Ltd
Issuer
Longchuang Group Limited - Bond Issue
2021-01-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Longchuang Group Limited
Issuer
Taizhou Haiminghui Trading Co Ltd - Bond Issue
2021-02-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Taizhou Haiminghui Trading Co Ltd
Issuer
Kunming Public Rental Housing Development Construction & Management Co Ltd - Bond Issue
2021-07-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Kunming Public Rental Housing Development Construction & Management Co Ltd
Issuer
Taizhou Urban Construction and Invest Dev Group Co Ltd - Bond Issue
2021-09-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Taizhou Urban Construction and Invest Dev Group Co Ltd
Issuer
Yankuang Group Co Ltd - Bond Issue
2021-11-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Yankuang Group Co Ltd
Issuer
Taizhou Huangyan Economic Development Group Co Ltd - Bond Issue
2022-03-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Bank of China, China Credit International Securities Co Ltd, Haitong Securities Co Ltd, Industrial Bank Co Ltd, Luso International Banking Ltd, Shenwan Hongyuan Group
Underwriter
Zhoukou Urban Construction Investment Development Co - Bond Issue
2022-03-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Zhoukou Urban Construction Investment Development Co
Issuer
Chengdu Dongfangguangyi Investment Co Ltd - Bond Issue
2022-03-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Chengdu Dongfangguangyi Investment Co Ltd
Issuer
Xiangtan Zhenxiang State-Owned Assets Mgt Invest Co Ltd - Bond Issue
2022-03-01
Herbert Smith Freehills Kramer
China (National)
Bond issue
Xiangtan Zhenxiang State-Owned Assets Mgt Invest Co Ltd
Issuer
New hires made in regulatory, corporate, M&A and finance practices at leading firms across the US and the UK, while German Hengeler Mueller elected two new managing partners
M&A
HSF Kramer appoints M&A trio in New York, while Vinson & Elkins opens its Brussels office and Morgan Lewis elects new chair
AI is reshaping financial services, but regulators still expect human oversight, accountability and robust governance
M&A
Lawyers at firms IFLR spoke to note transactional work across the region is largely on track but it may slow down
Capital markets and finance partner Laurent Massinon joins the firm’s finance practice, a year after the launch of its Luxembourg office
M&A
Government opens consultation on UK merger control measures, with a March 31 deadline, aiming for faster, clearer, and more predictable competition regulation
M&A
New hires were made across the corporate, PE, regulatory and finance practices in Abu Dhabi, Brussels, Sydney, Rome, London and the Cayman Islands
New hires and promotions were made across finance, PE and M&A practices in London, Singapore, New York and Santiago
Sponsored