Over 100 firms rated so far in Legal Survey

Over 100 firms rated so far in Legal Survey

Reactions’ 2011 survey of law firms catering to the re/insurance market has been live for two weeks and already over 100 law firms have been rated by the insurance industry.

The survey, which is set to close on 25 March with the results appearing in the May issue of Reactions as well as online, will highlight the best firms in a range of categories and jurisdictions. New territories for 2011 include Brazil and China, while the categories include insurance-linked securities, regulation and litigation.
 
This is the only survey of its type and is highly valued by the international re/insurance industry as well as the international legal community. It is vital, therefore, that as many firms are included as possible.

Law firms themselves are not allowed to vote for or rate themselves – they need to get their clients to do so on their behalf. The link to the survey can be found here. Without participation, law firms will not be recognised for their work in the re/insurance industry.

Respondents to Reactions’ 2010 legal survey consisted of in-house counsel at insurers, reinsurers and brokers. Just over 100 replies came from across the globe, including Bermuda, the US, Asia, the Middle East, Europe and Latin America.

In the US market, the overall favourite in the 2010 survey was Dewey & LeBoeuf. The Bermuda poll favoured Attride-Stirling & Woloniecki as overall winner, while in Europe the winning firm overall was Clyde & Co.

Sidley Austin won the global category for insurance-linked securities in 2010 and was mentioned in every category in the US, coming out top for insolvency, highly commended for reinsurance, corporate contracts and litigation/dispute management.

Participants in the 2010 survey, published in May last year, concluded that the effects from the financial crisis were still being felt. Fears about regulation and increased incidents of litigation emerged as the main legal worries.
 
Click here for the link to this year's survey

Click here to see last year’s winners
 

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