Allen & Overy achieves highest-ever ranking in GAR 100
07 April 2017
Allen & Overy is ranked as one of the world’s leading international arbitration practices in the GAR 100 2017 survey.
Global Arbitration Review has published the 10th edition of its annual GAR 100 survey of the world’s leading international arbitration firms, which includes the prestigious GAR 30 ranking of the top 30 practices.
In this year’s survey Allen & Overy ranks in 4th place overall, the highest ranking that the firm has achieved in the survey’s 10-year history.
The ranking represents an increase of seven places from last year, with A&O being amongst the firms that posted the highest rise in this year’s survey. In achieving this rank A&O has leapfrogged firms such as Clifford Chance, Shearman & Sterling, WilmerHale, Debevoise & Plimpton, Hogan Lovells, and King & Spalding.
Matthew Gearing QC, Co-Head of Allen & Overy’s International Arbitration practice, commented “This survey, which is an important indicator of the International Arbitration market, reveals an excellent all-round performance from Allen & Overy’s global practice, in what is an extremely competitive market. It represents further confirmation of our position as one of the world’s leading law firms advising on the largest and most complex international arbitrations.”
GAR’s commentary on A&O’s ranking is as follows:
“Allen & Overy is one of the highest risers this year, jumping from 11th to fourth place (the highest it’s ever been). That’s because the firm has continued to improve by almost every metric we use. It had twice as many hearings in the "bet the company" and "large" categories compared to last year, along with more arbitral appointments and a notable rise in billable hours. Ten members of the practice appear in Who’s Who Legal (compared with six in 2015): they include LCIA president Judith Gill QC and the recently anointed head of the HKIAC, Matthew Gearing QC.
The value of A&O’s counsel work has also risen by more than US$6 billion in the past year. Hearings that occupied the firm included two cases by renewable energy investors against Spain; a US$600 million LNG-related claim in which its client Pakistan prevailed; and a US$5 billion oil and gas dispute with the Indian government.”