Comparing two such excellent law firms as Linklaters and Freshfields Bruckhaus Deringer is not easy (See News Analysis section). Is one really
significantly better than the other? And how do you define better?
In turnover terms, Freshfields leads the way, yet Linklaters is the more profitable. Linklaters is well ahead in equity capital markets; Freshfields has the better securitisation practice. In the key field of cross-border M&A they are neck and neck – the latest Mergermarket figures show both Freshfields and Linklaters in the number one spot for Europe depending on which way you measure the data. In value terms Freshfields is on top; in volume terms it is Linklaters that leads the way.
