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Most innovative law firms in Finance Law 2012 (2)

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Award levelCommended
InnovationHybrid financing for the Nottingham Express Transit
Originality6
Rationale6
Impact6
Total18
DescriptionAdvised Nottingham City Council on the £570m extension to the Nottingham Express Transit scheme, the UK's largest local authority transport deal. Involved terminating the existing private finance deal while enabling the procurement and negotiation of a new concession that transferred revenue risk to the private sector. Clients say the firm's challenging role was pivotal to the deal's success.

Most innovative law firms in Finance Law 2012

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Award levelStand-out
InnovationJoint venture between Tanzania and Sichuan Hongda of China
Originality7
Rationale8
Impact7
Total22
DescriptionThe firm's cross-cultural sensitivity was instrumental in securing a $3bn mining joint venture between Tanzania's state-run National Development Corporation and the Chinese chemicals manufacturer. The lawyers drove negotiations in this biggest ever investment in east Africa, which is a cornerstone in the wider redevelopment plans for the Mtwara Corridor.