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- FT Law 50 2009
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FT Law 50 2009
| Rankings at a glance | |
|---|---|
| 2009 Rank | 10 |
| 2008 Rank | 11 |
| 2009 total score for ALL entries submitted | 131 |
| 2009 score band for ALL entries submitted (/10) | 4 |
| Number of standout entries in FT REPORT | 2 |
| Number of highly commended entries in FT REPORT | 0 |
| Number of commended entries in FT REPORT | 1 |
| 2009: total weighted score for ranked entries in FT REPORT | 9 |
| 2009 Score band for ranked entries in FT REPORT (/10) | 3 |
| 2008: total weighted score for ranked entries in FT REPORT | 9 |
| 2008 score band for ranked entries in FT REPORT (/5) | 2 |
| 2009 Profits per Equity Partner (PEP) (£k) | 405 |
| 2009 Score band for PEP (/5) | 2 |
| Assessment of management commitment and innovation value to firm (/20) | 16 |
| Total Innovation Score in the FTLAW50 (/50) | 27 |
Billing and Fees 2009
| Rankings at a glance | |
|---|---|
| Award level | Standout |
| Innovation | Loyalty card scheme |
| Originality | 7 |
| Rationale | 6 |
| Impact | 7 |
| Total | 20 |
| Description | Clients can accrue notional points in the firm’s value account scheme. Points can be spent on secondments or free access to information systems |
Financial Crisis and the downturn 2009
| Rankings at a glance | |
|---|---|
| Award level | Commended |
| Innovation | Managing special purpose vehicles |
| Originality | 5 |
| Rationale | 6 |
| Impact | 5 |
| Total | 16 |
| Description | BLP managed the obligations of around 40 special purpose vehicles previously represented by their credit arranger, Lehman Brothers. The lawyers negotiated full commercial agreements to ensure the SPV bond holders suffered no loss |
Financial Services 2009
| Rankings at a glance | |
|---|---|
| Award level | Standout |
| Innovation | New regulatory guidance on market abuse |
| Originality | 6 |
| Rationale | 8 |
| Impact | 7 |
| Total | 21 |
| Description | The Financial Services Auhtority has introduced strict new rules but without concrete advice on implementation. BLP developed practical industry-wide advice via the Futures and Options Association |
FT Law 50 2008
| Rankings at a glance | |
|---|---|
| 2008 Rank | 11 |
| 2007 Rank | 21 (+10) |
| 2008: Total score for ALL entries submitted | 104 |
| 2008: score band for ALL entries submitted (/10) | 2 |
| Number of standout entries in FT REPORT | 2 |
| Number of highly commended entries in FT REPORT | 0 |
| Number of commended entries in FT REPORT | 1 |
| 2008: total weighted score for ranked entries in FT REPORT | 9 |
| 2008: score band for ranked entries in FT REPORT (/10) | 3 |
| 2007: total weighted score for ranked entries in FT REPORT | 3 |
| 2007: score band for ranked entries in FT REPORT (/5) | 1 |
| 2007: Profits per Equity Partner (PEP) | 620 |
| 2007: score band for PEP (/5) | 2 |
| Assessment of management commitment and innovation value to firm (/20) | 15 |
| Total Innovation Score in the FTLAW50 (/50) | 23 |
Management 2008
| Rankings at a glance | |
|---|---|
| Award Level | Commended |
| Innovation | Marketing the firm's international capability. |
| Originality | 5 |
| Rationale | 7 |
| Impact | 5 |
| Total | 17 |
| Description | An effective approach to managing its preferred relationships with foreign law firms through a thorough communications programme internally, between firms and to clients. Has increased the international client base during the past two years. |
Client Service 2008
| Rankings at a glance | |
|---|---|
| Award Level | Standout |
| Innovation | Lawyers on Demand: acting as an employment agency for clients. |
| Originality | 9 |
| Rationale | 7 |
| Impact | 7 |
| Total | 23 |
| Description | A pilot scheme to help clients access qualified lawyers when needed. BLP is developing a pool of well qualified lawyers who are pursuing non-legal interests but who still need to earn a salary. The firm, in effect, 'seconds' these lawyers to clients and h |
Human Resources 2008
| Rankings at a glance | |
|---|---|
| Award Level | Standout |
| Innovation | In-house Headhunter: top recruiter employed by the firm to find high calibre associates. |
| Originality | 8 |
| Rationale | 6 |
| Impact | 7 |
| Total | 21 |
| Description | Focused, resourceful recruitment initiative. Uses internal lawyers to source potential candidates in return for bonuses. Firm saves £500,000 in recruitment fees. 44 associates and partners recruited in 24 months. |
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