London – Mayer Brown has been ranked as the 23rd 'Most Innovative Law Firm' in Europe by the Financial Times in its 2024 'Innovative Lawyers: Europe Report'. The firm was also singled out for recognition in the following categories:
Highly Commended: Innovative Lawyers in Deals and Financing: for advising UK green jet-fuel developer Velocys on its takeover by a consortium of private investors despite one of its Russian shareholders being sanctioned by a UK asset freeze.
Highly Commended: Innovative Lawyers in Unlocking Financing: for advising mining company Cornish Lithium on securing $67 million of financing last year, including $24 million from the state-backed UK Infrastructure Bank, which was its first direct equity investment.
Highly Commended: Innovative Lawyers in Sustainability & ESG: Mayer Brown and several other firms entered a partnership with the in-house legal team of financial news provider Bloomberg to give pro bono support to start-ups at Imperial College, London, that are committed to addressing climate change.
Commended: Innovation in Regulatory Solutions: for creating a regulation tracker for trustees of UK occupational pension schemes where clients that subscribe receive updates on the staggered implementation of new standards released in March by the UK's pensions regulator.
Profiled: Innovative Practitioner: Jason Hungerford for heading Mayer Brown's international trade team in London and advising a wide range of clients on US, UK and EU sanctions, export controls and anti-corruption and anti-money laundering requirements.
The FT Innovative Lawyers Europe 2024 is a ranking, report and awards scheme produced by the FT and its research partner, RSGI, based on a unique methodology. RSGI researchers check and assess submissions through interviews with clients, senior lawyers, executives and experts, and submissions featured in the report are those that ranked highest in each category.