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Rankings published in 2026
Banking - Foreign
Tier 2
24 firms ranked
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Tier 1

A&O Shearman
17 practice areas
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Clifford Chance
17 practice areas
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Linklaters
17 practice areas
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Tier 2

Baker McKenzie Wong & Leow
17 practice areas
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Latham & Watkins
17 practice areas
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Milbank
17 practice areas
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Morrison & Foerster
7 practice areas
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Norton Rose Fulbright
17 practice areas
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White & Case
17 practice areas
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Tier 3

Ashurst Perkins Coie
16 practice areas
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Dentons Rodyk & Davidson
21 practice areas
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Herbert Smith Freehills Kramer
16 practice areas
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Hogan Lovells Cadwalader Lee & Lee
17 practice areas
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King & Spalding
7 practice areas
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Tier 4

CMS Cameron McKenna Nabarro Olswang (Singapore)
3 practice areas
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Duane Morris & Selvam
19 practice areas
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Gibson Dunn & Crutcher
7 practice areas
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Mallesons
5 practice areas
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Mayer Brown
11 practice areas
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Reed Smith
10 practice areas
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Sidley Austin
17 practice areas
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Simmons & Simmons
10 practice areas
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Stephenson Harwood
9 practice areas
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Watson Farley & Williams
10 practice areas
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Capital markets : Debt - Foreign
Tier 1
16 firms ranked
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Tier 1

A&O Shearman
17 practice areas
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Clifford Chance
17 practice areas
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Latham & Watkins
17 practice areas
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Linklaters
17 practice areas
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Tier 2

Baker McKenzie Wong & Leow
17 practice areas
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Milbank
17 practice areas
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Skadden Arps Slate Meagher & Flom
11 practice areas
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White & Case
17 practice areas
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Tier 3

DLA Piper
16 practice areas
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Dentons Rodyk & Davidson
21 practice areas
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Duane Morris & Selvam
19 practice areas
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Freshfields
12 practice areas
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Herbert Smith Freehills Kramer
16 practice areas
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Hogan Lovells Cadwalader Lee & Lee
17 practice areas
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Reed Smith
10 practice areas
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Sidley Austin
17 practice areas
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Capital markets : Equity - Foreign
Tier 1
18 firms ranked
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Tier 1

A&O Shearman
17 practice areas
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Latham & Watkins
17 practice areas
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Linklaters
17 practice areas
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Tier 2

Baker McKenzie Wong & Leow
17 practice areas
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Clifford Chance
17 practice areas
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Milbank
17 practice areas
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White & Case
17 practice areas
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Tier 3

Ashurst Perkins Coie
16 practice areas
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Bird & Bird ATMD
14 practice areas
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DLA Piper
16 practice areas
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Dentons Rodyk & Davidson
21 practice areas
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Duane Morris & Selvam
19 practice areas
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Freshfields
12 practice areas
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Herbert Smith Freehills Kramer
16 practice areas
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Hogan Lovells Cadwalader Lee & Lee
17 practice areas
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Reed Smith
10 practice areas
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Sidley Austin
17 practice areas
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Skadden Arps Slate Meagher & Flom
11 practice areas
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M&A - Foreign
Tier 2
34 firms ranked
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Tier 1

A&O Shearman
17 practice areas
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Clifford Chance
17 practice areas
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Linklaters
17 practice areas
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Milbank
17 practice areas
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Tier 2

Baker McKenzie Wong & Leow
17 practice areas
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Freshfields
12 practice areas
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Herbert Smith Freehills Kramer
16 practice areas
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Latham & Watkins
17 practice areas
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Sidley Austin
17 practice areas
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White & Case
17 practice areas
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Tier 3

Ashurst Perkins Coie
16 practice areas
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Dentons Rodyk & Davidson
21 practice areas
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Gibson Dunn & Crutcher
7 practice areas
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Hogan Lovells Cadwalader Lee & Lee
17 practice areas
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Jones Day
11 practice areas
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King & Spalding
7 practice areas
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Mallesons
5 practice areas
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Mayer Brown
11 practice areas
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Morrison & Foerster
7 practice areas
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Norton Rose Fulbright
17 practice areas
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Skadden Arps Slate Meagher & Flom
11 practice areas
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Tier 4

DLA Piper
16 practice areas
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Duane Morris & Selvam
19 practice areas
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Nishimura & Asahi-Bayfront Law Alliance
4 practice areas
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Reed Smith
10 practice areas
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Stephenson Harwood
9 practice areas
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Notable

Bird & Bird ATMD
14 practice areas
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Bryan Cave Leighton Paisner
12 practice areas
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CMS Cameron McKenna Nabarro Olswang (Singapore)
3 practice areas
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Charles Russell Speechlys
3 practice areas
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Cooley
2 practice areas
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Goodwin Procter
2 practice areas
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Greenberg Traurig
7 practice areas
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LPA
4 practice areas
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Project development - Foreign
Tier 1
31 firms ranked
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Tier 1

A&O Shearman
17 practice areas
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King & Spalding
7 practice areas
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Latham & Watkins
17 practice areas
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Tier 2

Ashurst Perkins Coie
16 practice areas
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Clifford Chance
17 practice areas
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Gibson Dunn & Crutcher
7 practice areas
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Herbert Smith Freehills Kramer
16 practice areas
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Milbank
17 practice areas
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Norton Rose Fulbright
17 practice areas
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Tier 3

Baker McKenzie Wong & Leow
17 practice areas
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Freshfields
12 practice areas
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Hogan Lovells Cadwalader Lee & Lee
17 practice areas
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Jones Day
11 practice areas
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K&L Gates Straits Law
7 practice areas
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Linklaters
17 practice areas
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Mayer Brown
11 practice areas
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Morrison & Foerster
7 practice areas
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Pinsent Masons MPillay
3 practice areas
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Reed Smith
10 practice areas
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White & Case
17 practice areas
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Tier 4

Accura
2 practice areas
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Bird & Bird ATMD
14 practice areas
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Clyde & Co Clasis
3 practice areas
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DLA Piper
16 practice areas
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Dentons Rodyk & Davidson
21 practice areas
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Duane Morris & Selvam
19 practice areas
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Greenberg Traurig
7 practice areas
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Mallesons
5 practice areas
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Squire Patton Boggs
3 practice areas
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Stephenson Harwood
9 practice areas
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Watson Farley & Williams
10 practice areas
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Project finance - Foreign
Tier 1
21 firms ranked
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Tier 1

A&O Shearman
17 practice areas
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Clifford Chance
17 practice areas
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Latham & Watkins
17 practice areas
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Milbank
17 practice areas
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Tier 2

Ashurst Perkins Coie
16 practice areas
View profile
Baker McKenzie Wong & Leow
17 practice areas
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King & Spalding
7 practice areas
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Mayer Brown
11 practice areas
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Norton Rose Fulbright
17 practice areas
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Watson Farley & Williams
10 practice areas
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White & Case
17 practice areas
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Tier 3

Dentons Rodyk & Davidson
21 practice areas
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Freshfields
12 practice areas
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Gibson Dunn & Crutcher
7 practice areas
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Greenberg Traurig
7 practice areas
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Herbert Smith Freehills Kramer
16 practice areas
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Hogan Lovells Cadwalader Lee & Lee
17 practice areas
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Linklaters
17 practice areas
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Morrison & Foerster
7 practice areas
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Sidley Austin
17 practice areas
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Stephenson Harwood
9 practice areas
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Restructuring and insolvency - Foreign
Tier 3
21 firms ranked
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Tier 1

Clifford Chance
17 practice areas
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Milbank
17 practice areas
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Tier 2

A&O Shearman
17 practice areas
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DLA Piper
16 practice areas
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Gibson Dunn & Crutcher
7 practice areas
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Linklaters
17 practice areas
View profile

Tier 3

Ashurst Perkins Coie
16 practice areas
View profile
Dentons Rodyk & Davidson
21 practice areas
View full profile
Herbert Smith Freehills Kramer
16 practice areas
View profile
Hogan Lovells Cadwalader Lee & Lee
17 practice areas
View profile
King & Spalding
7 practice areas
View profile
Latham & Watkins
17 practice areas
View profile
Mayer Brown
11 practice areas
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Reed Smith
10 practice areas
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Sidley Austin
17 practice areas
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Stephenson Harwood
9 practice areas
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Watson Farley & Williams
10 practice areas
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White & Case
17 practice areas
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Notable

Duane Morris & Selvam
19 practice areas
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Mishcon de Reya
4 practice areas
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RevLaw
3 practice areas
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Linked Reviews
Financial and corporate

Global law firm Latham & Watkins was founded in 1934 and established its Singapore office in 1997. It boasts more than 3000 lawyers spread across its global offices. The firm’s Asia practice is led by Michael Sturrock, who serves as Asia managing partner. 

 

Focusses / specialisms

The firm is ranked among the market leaders for its capital markets, project finance, project development and corporate and M&A work.

The banking team is known for its project finance expertise and has experience representing banks, financial advisors, private equity firms, hedge funds, borrowers, sponsors, syndicates and government institutions. 

The capital markets team advises on the full spectrum of debt and equity mandates, acting for clients such as issuers, underwriters, and initial purchasers. The firm is well known for advising on cross border IPOs, particularly in India, Singapore and the US.

The corporate team is widely recognised for its strength in advising on cross border mandates in jurisdictions including India, Indonesia, Malaysia, Singapore and Vietnam. 

Key sectors of focus include energy, telecommunications, mining, manufacturing, oil and gas, and banking.

 

Key clients

Key recent clients include Asian Development Bank, Japan Bank for International Cooperation, Mizuho Bank, Tokyo Gas, Pertamina, San Miguel Corporation, Warburg Pincus, Fullerton Healthcare Corporation and Asset World Corp.

 

Research period review: 30th edition (2019/2020)

The banking team was recently active for both borrowers and lenders across several financing transactions. One noteworthy project financing deal saw the firm advise the sponsors on the financing of one of the largest upstream oil and gas projects to reach financial close in Indonesia in the past decade.

A recent capital markets highlight saw the firm advise the issuer on the largest ever corporate IPO in Thailand and the largest real estate company IPO in the world since 2014. The firm also advised the issuer on the second ever, and later on the third, co-issuance of notes by an Indian company. The firm also acted for the issuer on Thailand’s second-largest IPO by market capitalisation in 2019.

On the corporate side, the firm recently advised the acquirer in the largest M&A transaction to date in the Philippine cement industry. One high-value deal saw the firm advise HLT Healthcare on acquiring Columbia Asia Healthcare.

The firm recently added Mark Cooper as a partner from Hogan Lovells to its corporate team.

 

Deal highlights: 30th edition (2019/2020)

Asset World Corp SET IPO

Bangkok Commercial Asset Management SET IPO

Bojonegoro Regency gas processing facility and pipelines

Ctrip.com International $1.4 billion acquisition of a stake in MakeMyTrip

HLT Healthcare Holdings $1 billion acquisition of Columbia Asia Healthcare

Mong Duong 2 thermal power plant

San Miguel Corporation $2.15 billion acquisition of an 85.7% stake in Holcim Philippines  

San Miguel Corporation $2.15 billion financing

11 results11 results
Deal Highlights
17 results17 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Adani Electricity Mumbai Ltd - Bond Issue
2021-07-01
Latham & Watkins
Singapore
Bond issue
AXIS Bank, DBS Bank, Deutsche Bank, JP Morgan Chase, Citigroup, Mizuho Bank, Emirates NBD PJSC, Barclays, Mitsubishi Corp, Standard Chartered Bank
Underwriter
Temasek Holdings - Bond Issue
2021-07-01
Latham & Watkins
Singapore
Bond issue
Temasek Holdings
Issuer
Clifford Capital Pte Ltd - Bond Issue
2021-03-01
Latham & Watkins
Singapore
Bond issue
ANZ Bank, HSBC, DBS Bank, UBS, Standard Chartered Bank
Underwriter
Astrea VI Pte Ltd - Bond Issue
2021-03-01
Latham & Watkins
Singapore
Bond issue
Credit Suisse, DBS Bank, Standard Chartered Bank
Underwriter
Temasek Holdings - Bond Issue
2021-08-01
Latham & Watkins
Singapore
Bond issue
Temasek Holdings
Issuer
Golden Energy & Resources - Bond Issue
2021-05-01
Latham & Watkins
Singapore
Bond issue
Golden Energy & Resources
Issuer
Bayfront Infrastructure Capital Pte - Bond Issue
2021-06-01
Latham & Watkins
Singapore
Bond issue
Bayfront Infrastructure Capital Pte
Issuer
Hopson Capital International Group Co Ltd - Bond Issue
2021-01-01
Latham & Watkins
Singapore
Bond issue
Hopson Capital International Group Co Ltd
Issuer
ARA Asset Management Ltd. - M&A
2021-08-05
Latham & Watkins
Singapore
M&A
ARA Asset Management Ltd.
Target
PropertyGuru Pte. Ltd. - M&A
2021-07-23
Latham & Watkins
Singapore
M&A
Noah Carr, Sharon Lau
PropertyGuru Pte. Ltd.
Seller
Partners Group AG - M&A
2021-08-20
Latham & Watkins
Singapore
M&A
Partners Group AG
Seller
Temasek Holdings - Bond Issue
2021-11-01
Latham & Watkins
Singapore
Bond issue
Temasek Holdings
Issuer
Opensea - M&A
2022-04-25
Latham & Watkins
Singapore
M&A
Benjamin Potter
Opensea
Buyer
Evolution Data Centres - M&A
2022-09-27
Latham & Watkins
Singapore
M&A
James Clayton-Payne
Evolution Data Centres
Target
Ares Management Corp. - M&A
2023-07-17
Latham & Watkins
Singapore
M&A
Ares Management Corp.
Buyer
Quest Global - M&A
2023-08-08
Latham & Watkins
Singapore
M&A
Quest Global
Target
ZeroNorth A/S - M&A
2023-10-30
Latham & Watkins
Singapore
M&A
Farah O'Brien
ZeroNorth A/S
Buyer
M&A
We round up top lateral hires across the PE, antitrust, M&A and corporate practices in London and New York
M&A
New hires were made in the finance, corporate and M&A practices in the UK and the US
New hires were made across corporate, M&A, regulatory, finance and antitrust practices in the UK, US, Italy, Belgium, Germany and Asia-Pacific
M&A
New hires were made across PE, M&A, capital markets and finance practices in key hubs including Milan, New York and London
M&A
New hires and promotions were made across the PE, corporate, M&A, finance and capital markets practices in Frankfurt, Munich, London, New York and São Paulo
M&A
New hires were made across the PE, banking and financial services practices in Milan, London, Frankfurt, Chicago and Boston
New hires were made across the finance, M&A and funds practices in New York, London and Paris
M&A
Two of the firm’s partners in Frankfurt and London talk about sector trends and how the firm continues to bolster its internal capabilities to meet demand
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