Clifford Chance Badea, the Bucharest office of Clifford Chance international law firm, has been chosen as Romania's National Law Firm of the Year at the IFLR European Awards 2017, held in London last week (April 20).
This is the third such international recognition, after the ones received in 2014 and 2015. The international legal directory awards innovation in legal services and has been recognizing the best private and in-house practices for over 13 years.
"Innovation is an essential pillar in Clifford Chance's strategy, at all levels, our objective being to constantly improve services and encourage initiative among lawyers," Managing Partner Daniel Badea said. "IFLR's recognition confirms the tradition we have been building for over ten year in one of the most interesting markets in the region."
While 2016 proved to be quite unpredictable and uncertain, lawyers' agenda was always full.
"Last year we have been involved in almost all major deals for the Romanian and the regional market," Daniel Badea continues. "We have provided legal assistance to some of the most active investment funds, as well as new players in landmark M&A deals. I want to mention the NEPI – Rockcastle merger, which will create the largest real estate company in Central and Eastern Europe, and one of the largest in Continental Europe.
Also, we have consolidated our Capital Markets reputation. Traditionally, ever since the beginning we have been involved in some of the most interesting local deals, at a time when the Romanian Capital Market was in its early days (2002 – 2007). We continue to be part of local first-time deals, the latest one being the Digi Communications NV IPO, expected this May.
Separately, the Banking and Finance team remains top choice in the region, advising on complex projects such as the refinancing of RCS & RDS, the sovereign Eurobonds issues or the financing of Netcity's acquisition.
We have also consolidated our Litigation practice, which has significantly matured over the past two years to become the third pillar of growth for our office. This evolution reflects our strategic, proactive and multidisciplinary approach to risk, to the benefit of our clients. We work in strategic litigation cases, complex insolvency and restructuring matters, competition-related investigations, as well as fraud and white collar crime investigations."
The medium term objective is sustainable growth of both the team, and the firm's activity.
„Uncertainty remains a key factor for the business environment, at a global level, but there are signs for a dynamic year, with major projects. We are seeing a reactivation of interest among investors and large investment funds, as well as several opportunities in traditional sectors (Real Estate, Financial Services and Capital Markets, Healthcare, Consumer Business, Energy, Technology Media and Telecommunications, Retail, and Agribusiness)."
Clifford Chance has been present in Romania since 2006 and operates now as Clifford Chance Badea. The Bucharest office is fully integrated in the global network and is frequently involved in complex transactions such as syndicated loans, project finance, restructurings, Eurobonds and shares issues on international capital markets, derivatives, companies' acquisitions by strategic investors or private equity funds, infrastructure and motorway projects, real estate investments etc., as well as domestic and international litigation and arbitration.
In the most recent editions of Legal500 and Chambers Global, Clifford Chance Badea ranks first (Tier 1) among law firms in Romania under the section of Banking & Finance and Capital Markets. It also has strong a Corporate and M&A practice (ranked Tier 2 by Legal 500 and Chambers Global), and Litigation and Dispute Resolution practice (Tier 2 in Chambers Global).
Notes to Editors:
1. Clifford Chance is one of the world's pre-eminent law firms with significant depth and range of resources across five continents. As a single, fully integrated, global partnership, we pride ourselves on our approachable, collegiate and team based way of working. We always strive to exceed the expectations of our clients, which include corporates from all the commercial and industrial sectors, governments, regulators, trade bodies and not for profit organisations. We provide them with the highest quality advice and legal insight, which combines the Firm's global standards with in-depth local expertise.
2. Clifford Chance was ranked 'tier one' in more cross-border tables than any other firm in the Chambers Global 2016 Directory. This independent analysis focuses on firms' legal ability, professional conduct, client service, and commercial awareness, and these rankings provide outstanding recognition for the Firm's breadth of expertise and consistency of quality across global markets.
For further details about Clifford Chance, please access www.cliffordchance.com.
For further information related to this press release, please contact:
Ana-Maria Gavrilă, Head of Communications
tel: +40 21 6666 143; mobile: +40 756 012 264