Three US firms have been rated among the best vacation scheme providers in the UK market, with Legal Week research also seeing Allen & Overy (A&O) identified by students as the most prestigious global law firm for the second year running.

The Legal Week Intelligence 2011 Law Student Report saw Latham & Watkins and Baker & McKenzie take the top two spots for UK vacation schemes, with Cleary Gottlieb Steen & Hamilton coming in fourth place behind Ashurst.