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- FT Law 50 2009
- Billing and fees - litigation financing 2009
- Billing and Fees 2009
- Changing the rules 2009
- Client Service 2009
- Client Service 2009 (2)
- Client Service 2009 (3)
- Dispute Resolution - credit crisis 2009
- Dispute Resolution - non credit crisis 2009
- Energy 2009
- Financial Services 2009
- Resourcing 2009
- FT Law 50 2008
- Management 2008
- Marketing & PR 2008
- Billing and Fees 2008
- Billing and Fees 2008 (2)
- Client Service 2008
- Client Service 2008 (2)
- Dispute Resolution 2008
- Human Resources 2008
- Public-Private Partnership 2008
All rankings
- FT Law 50 2009
- Billing and fees - litigation financing 2009
- Billing and Fees 2009
- Changing the rules 2009
- Client Service 2009
- Continental European Firms 2009
- Dispute Resolution - credit crisis 2009
- Dispute Resolution - non credit crisis 2009
- Energy 2009
- Financial Crisis and the downturn 2009
- Financial Services - Islamic finance 2009
- Financial Services - Longevity risk and mortgages 2009
- Financial Services 2009
- Fraud 2009
- Government 2009
- In-House Lawyers 2009
- Law firm management 2009
- Resourcing 2009
- US Financial Crisis and the downturn 2009
- FT Law 50 2008
- Finance 2008
- Fraud 2008
- Management 2008
- Marketing & PR 2008
- Publishing 2008
- Real Estate 2008
- Responsible Business 2008
- Technology & Know-How 2008
- Top 10 US Law Firms In Europe For Innovation In Expansion 2008
- Billing and Fees 2008
- Client Service 2008
- Commercial 2008
- Continental European Firms 2008
- Corporate 2008
- Corporate- Europe 2008
- Dispute Resolution 2008
- Diversity 2008
- Human Resources 2008
- In-House Lawyers 2008
- Public-Private Partnership 2008
EvershedsFT Law 50 2009
| Rankings at a glance | |
|---|---|
| 2009 Rank | 4 |
| 2008 Rank | 6 |
| 2009 total score for ALL entries submitted | 356 |
| 2009 score band for ALL entries submitted (/10) | 9 |
| Number of standout entries in FT REPORT | 2 |
| Number of highly commended entries in FT REPORT | 3 |
| Number of commended entries in FT REPORT | 6 |
| 2009: total weighted score for ranked entries in FT REPORT | 20 |
| 2009 Score band for ranked entries in FT REPORT (/10) | 7 |
| 2008: total weighted score for ranked entries in FT REPORT | 16 |
| 2008 score band for ranked entries in FT REPORT (/5) | 2 |
| 2009 Profits per Equity Partner (PEP) (£k) | 404 |
| 2009 Score band for PEP (/5) | 2 |
| Assessment of management commitment and innovation value to firm (/20) | 18 |
| Total Innovation Score in the FTLAW50 (/50) | 38 |
Billing and fees - litigation financing 2009
| Rankings at a glance | |
|---|---|
| Award level | Commended |
| Innovation | Professional negligence conditional fee arrangement |
| Originality | 5 |
| Rationale | 5 |
| Impact | 5 |
| Total | 15 |
| Description | Designed for mortgage lenders, many of whom are pursuing claims of negligence against valuers and solicitors following the collapse of the residential housing market. After the event insurance has been used to allow the client to make recoveries at zero net cost |
Billing and Fees 2009
| Rankings at a glance | |
|---|---|
| Award level | Commended |
| Innovation | Enabling HSBC to pursue large numbers of debtors |
| Originality | 5 |
| Rationale | 6 |
| Impact | 6 |
| Total | 17 |
| Description | Using a contingency fee structure, the firm works with HSBC’s distressed debt team in Calcutta, India, to assess claims for viability and then pursues those claims for little or no cost until point of recovery |
Changing the rules 2009
| Rankings at a glance | |
|---|---|
| Award level | Commended |
| Innovation | Using legal brinksmanship to avert strikes in the higher education sector |
| Originality | 6 |
| Rationale | 7 |
| Impact | 5 |
| Total | 18 |
| Description | Eversheds masterminded a rapid, sustained and fully co-ordinated response to an aggressive threat of strike action in the higher education sector |
Client Service 2009
| Rankings at a glance | |
|---|---|
| Award level | Standout |
| Innovation | Help to clients in the downturn |
| Originality | 7 |
| Rationale | 9 |
| Impact | 7 |
| Total | 23 |
| Description | Rather than offer discounts on rates, Eversheds developed a series of offers to help clients to reduce their legal spend, while ensuring a flow of new work to the firm |
Client Service 2009 (2)
| Rankings at a glance | |
|---|---|
| Award level | Highly commended |
| Innovation | Global account management system |
| Originality | 5 |
| Rationale | 7 |
| Impact | 6 |
| Total | 18 |
| Description | The firm can now measure and report its success against key performance indicators. The GAMS II system improves an earlier version |
Client Service 2009 (3)
| Rankings at a glance | |
|---|---|
| Award level | Commended |
| Innovation | International company secretarial team |
| Originality | 5 |
| Rationale | 6 |
| Impact | 6 |
| Total | 17 |
| Description | Eversheds provides a dedicated company secretarial service on a global level. Interfacing with other practices means high-end work for these clients is more efficient |
Dispute Resolution - credit crisis 2009
| Rankings at a glance | |
|---|---|
| Innovation | Highly commended |
| Originality | 7 |
| Rationale | 7 |
| Impact | 5 |
| Total | 19 |
| Description | Acting for a €1.6bn life assurance company in dispute with a fund manager, Eversheds are defining the nature and limits of collateralised debt obligations in the courts for the first time |
Dispute Resolution - non credit crisis 2009
| Rankings at a glance | |
|---|---|
| Award level | Standout |
| Innovation | Saving Amway |
| Originality | 6 |
| Rationale | 8 |
| Impact | 6 |
| Total | 20 |
| Description | In a “bet the company” situation, the firm immersed itself in all aspects of Amway’s UK business to conduct a radical review and business remodelling, averting enforced wind-up proceedings |
Energy 2009
| Rankings at a glance | |
|---|---|
| Award level | Standout |
| Innovation | Saving the rainforest of Guyana with fees in kind |
| Originality | 7 |
| Rationale | 7 |
| Impact | 7 |
| Total | 21 |
| Description | Agreeing to provide legal services to the president of Guyana up to the value of the firm’s outstanding carbon footprint. These services work on projects to assure a more sustainable future |
Financial Services 2009
| Rankings at a glance | |
|---|---|
| Award level | Commended |
| Innovation | JPMorgan Chase obtaining Northern Rock’s highest quality mortgages |
| Originality | 4 |
| Rationale | 7 |
| Impact | 6 |
| Total | 17 |
| Description | More than 10,000 individual mortgage packets were reviewed by Eversheds’ legal services group in an effective balance of process driven work and high-end advice |
Resourcing 2009
| Rankings at a glance | |
|---|---|
| Award level | Commended |
| Innovation | Outsourcing for clients |
| Originality | 6 |
| Rationale | 6 |
| Impact | 5 |
| Total | 17 |
| Description | A proactive offer to offshore low value components of a client’s work to an outsourcing company in Chennai. A more efficient service allowed the firm to pass on a 10 per cent cost saving to the client |
FT Law 50 2008
| Rankings at a glance | |
|---|---|
| 2008 Rank | 6 |
| 2007 Rank | 4 (-2) |
| 2008: Total score for ALL entries submitted | 342 |
| 2008: score band for ALL entries submitted (/10) | 7 |
| Number of standout entries in FT REPORT | 1 |
| Number of highly commended entries in FT REPORT | 4 |
| Number of commended entries in FT REPORT | 4 |
| 2008: total weighted score for ranked entries in FT REPORT | 16 |
| 2008: score band for ranked entries in FT REPORT (/10) | 4 |
| 2007: total weighted score for ranked entries in FT REPORT | 25 |
| 2007: score band for ranked entries in FT REPORT (/5) | 4 |
| 2007: Profits per Equity Partner (PEP) | 552 |
| 2007: score band for PEP (/5) | 2 |
| Assessment of management commitment and innovation value to firm (/20) | 18 |
| Total Innovation Score in the FTLAW50 (/50) | 35 |
Management 2008
| Rankings at a glance | |
|---|---|
| Award Level | Commended |
| Innovation | A new approach to determining Eversheds' future strategy by consulting a huge body of staff. |
| Originality | 7 |
| Rationale | 6 |
| Impact | 4 |
| Total | 17 |
| Description | A mass consultation exercise that involved every lawyer in the firm as well as business services staff to brainstorm ideas about the firm's future strategy. An exercise in buy-in and collaboration that is unusual in a law firm. |
Marketing & PR 2008
| Rankings at a glance | |
|---|---|
| Award Level | Highly Commended |
| Innovation | A survey about the relationship between private equity firms and management teams. |
| Originality | 5 |
| Rationale | 7 |
| Impact | 6 |
| Total | 18 |
| Description | Using the firm's partners to conduct research in the mid-market private equity space was novel. Enabled the firm to be a useful provider of information to private equity firms and to position itself as a thought leader. Also garnered extensive media coverage. |
Billing and Fees 2008
| Rankings at a glance | |
|---|---|
| Award Level | Standout |
| Innovation | Billing approach for client Tyco. |
| Originality | 8 |
| Rationale | 6 |
| Impact | 7 |
| Total | 21 |
| Description | The firm's performance is measured by comprehensive metrics. Payment is determined by client satisfaction and bonuses are payable if the firm proactively reduces litigation. |
Billing and Fees 2008 (2)
| Rankings at a glance | |
|---|---|
| Award Level | Highly commended |
| Innovation | Gams: Global Account Management System. |
| Originality | 6 |
| Rationale | 7 |
| Impact | 5 |
| Total | 18 |
| Description | A system that marries up client service and billing initiatives, Gams offers budgeting, transparent billing and the ability for clients to access crucial management information. |
Client Service 2008
| Rankings at a glance | |
|---|---|
| Award Level | Highly commended |
| Innovation | Reducing Royal Mail's legal spend with Eversheds by over 25%. |
| Originality | 6 |
| Rationale | 8 |
| Impact | 7 |
| Total | 21 |
| Description | Using its business process re-engineering function, Eversheds successfully re-evaluated the way in which it delivered legal services to Royal Mail to effect significant cost savings. |
Client Service 2008 (2)
| Rankings at a glance | |
|---|---|
| Award Level | Commended |
| Innovation | Consultancy to in-house lawyers from the ex-General Counsel of ASDA, the supermarket chain.. |
| Originality | 6 |
| Rationale | 4 |
| Impact | 6 |
| Total | 16 |
| Description | Denise Jagger gives free advice to in-house legal teams about how they should be run. Generally, these departments do not have the budget to hire management consultants and the function can be quite isolated in major corporates. |
Dispute Resolution 2008
| Rankings at a glance | |
|---|---|
| Award Level | Highly commended |
| Innovation | New application of the Human Rights Act. |
| Originality | 5 |
| Rationale | 6 |
| Impact | 6 |
| Total | 17 |
| Description | Use of privacy laws to protect the reputation of corporate clients by enforcing the employee's right to privacy. |
Human Resources 2008
| Rankings at a glance | |
|---|---|
| Award Level | Commended |
| Innovation | Flexible working empowerment. |
| Originality | 5 |
| Rationale | 6 |
| Impact | 5 |
| Total | 16 |
| Description | Making flexible working requests easy and paperless through the introduction of an informal discussion with the line manager to get flexible working approved. |
Public-Private Partnership 2008
| Rankings at a glance | |
|---|---|
| Project | Greater Manchester Waste Disposal Authority's ground-breaking £4.5bn waste services PFI project, the biggest in Western Europe. |
| Award Level | Commended |
| Originality | 4 |
| Creativity | 6 |
| Impact | 3 |
| Total | 13 |
| The lawyers' innovation | This project that has rewritten standard practice rules for waste projects in the UK. The breadth of the task was challenging but the firm also had to lawyer an innovative structure which involved an energy user in waste PFI for the first time. The contractual frameworks were different to the norm and the firm was responsible for finding the practical solutions. |
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