THE LEGAL ELITE
As part of our annual legal survey, Intelligent Insurer asked insurance and reinsurance industry executives which lawyers and law firms they lay their trust in. The results give an interesting insight into which law firms lead the market in different specialties.
R
einsurers face a busy couple of years as they work to comply with various regulatory changes around the globe, along with working through catastrophe claims emanating from a particularly active
first quarter of 2011. They require access to the best legal representation and it is obvious
from the response to this year’s survey and the closeness of the results that there is no shortage of quality law firms operating in the market.
Whilst there are few surprises in terms of which firms are leading
the market, the results suggest that the gap is closing between the main players. A good example of this was the joint result for UK Claims, with Clyde & Co and Edwards Angell Palmer & Dodge UK both claiming the top spot.
There was a similar result for Barlow Lyde & Gilbert and Clyde & Co,
which both received equal acknowledgement as market leaders for UK Reinsurance, and similarly for Appleby and Conyers Dill & Pearman with regards to Bermuda Regulation.
This even spread of votes was not just confined to the market leaders, with
a high number of firms being both highly commended and commended across a range of geographical areas. This stands as a testament to the hard work being put in by legal firms in their service of the reinsurance industry around the world.
While results did reveal some stand out winners—such as Dewey &
LeBoeuf, which came top for both US Regulation & Litigation, along with receiving a number of commendations in a number of other countries around the world—they also demonstrated just how close the legal market is in terms of expertise.
However, the results also show that the efforts being made by a number of law
firms have been thoroughly appreciated by those in the insurance industry— and given the increased need for legal representation in the foreseeable future, those companies should take comfort in the fact that their hard work has not gone unnoticed. Here is a selection of the winners, with the full results being published later in the year.
Summer 2011 | INTELLIGENT INSURER | 23
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