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Skadden, Arps, Slate, Meagher & Flom

Most innovative law firms 2015: Client service

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Award levelStandout
ClientAon
Total24
Originality9
Rationale9
Impact6
DescriptionAfter break-fee protection for failed bidders was removed from the Takeover Code, the firm developed an insurance policy for Aon – which can now offer bidders up to 1 per cent of the price if their bid fails. Commended: Skadden partner Michael Hatchard.