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FT Law 50 2009

Rankings at a glance
2009 Rank38
2008 Rank10
2009 total score for ALL entries submitted55
2009 score band for ALL entries submitted (/10)2
Number of standout entries in FT REPORT1
Number of highly commended entries in FT REPORT0
Number of commended entries in FT REPORT0
2009: total weighted score for ranked entries in FT REPORT4
2009 Score band for ranked entries in FT REPORT (/10)2
2008: total weighted score for ranked entries in FT REPORT8
2008 score band for ranked entries in FT REPORT (/5)1
2009 Profits per Equity Partner (PEP) (£k)585
2009 Score band for PEP (/5)2
Assessment of management commitment and innovation value to firm (/20)12
Total Innovation Score in the FTLAW50 (/50)19

Financial Crisis and the downturn 2009

Rankings at a glance
Award levelStandout
InnovationCheyne Finance receivership
Originality7
Rationale6
Impact8
Total21
DescriptionWhen this $7bn (€4.8bn) structured investment vehicle went under, Lovells helped Deloitte & Touche develop a blueprint for subsequent SIV restructurings, including an auction process to price the SIV’s assets where a market did not exist

FT Law 50 2008

Rankings at a glance
2008 Rank10
2007 Rank21 (+11)
2008: Total score for ALL entries submitted221
2008: score band for ALL entries submitted (/10)5
Number of standout entries in FT REPORT0
Number of highly commended entries in FT REPORT3
Number of commended entries in FT REPORT2
2008: total weighted score for ranked entries in FT REPORT8
2008: score band for ranked entries in FT REPORT (/10)2
2007: total weighted score for ranked entries in FT REPORT8
2007: score band for ranked entries in FT REPORT (/5)1
2007: Profits per Equity Partner (PEP)661
2007: score band for PEP (/5)2
Assessment of management commitment and innovation value to firm (/20)14
Total Innovation Score in the FTLAW50 (/50)24

Management 2008

Rankings at a glance
Award LevelHighly commended
InnovationSino-Global Legal Alliance.
Originality7
Rationale6
Impact5
Total18
DescriptionThe first Western law firm to conclude an extensive alliance with local law firms across China. Firm conducted extensive due diligence and now has training programmes and cross-exchanges to solidfy the alliance.

Technology & Know-How 2008

Rankings at a glance
Award LevelHighly Commended
InnovationInterLovells: one of the most comprehensive firm intranets.
Originality6
Rationale6
Impact7
Total19
DescriptionThe firm has swept away its disparate systems in favour of this knowledge portal. It facilitates collaboration and boosts consistency across jurisdictions.

Client Service 2008

Rankings at a glance
Award LevelCommended
InnovationDawn raid defence training: rich e-learning resource and theatre-based seminars for clients.
Originality6
Rationale6
Impact6
Total18
DescriptionAlthough this type of training is not new, the combination of imaginative and creative approaches to the subject is commendable. Tailored to different clients. Succeeded in making non-lawyers in business pay attention.

Human Resources 2008

Rankings at a glance
Award LevelHighly commended
InnovationSenior Associate Development: interactive, well structured associate conference.
Originality7
Rationale6
Impact6
Total19
DescriptionSenior associates have Myers Briggs profiling before the event, mentoring by a partner, and 'virtual' action learning groups. Firm's partners staff an interactive exhibition space. 'Elective' sessions give all round commercial training.

Human Resources 2008 (2)

Rankings at a glance
Award LevelCommended
InnovationStructured training programme for business support staff, PAs, associates and trainees.
Originality5
Rationale6
Impact6
Total17
DescriptionTeaches commercial awareness to all employee groups in the firm that is tailored to their functions and requirements. Each group is trained to understand their clients be they internal or external.