In GAR's annual ranking of the leading international arbitration practices, HSF Kramer has placed 7th in the world, unveiled last night at the GAR Awards ceremony in Paris
Global Arbitration Review (GAR) has released its annual ranking of the leading international arbitration practices, placing Herbert Smith Freehills Kramer at 7th in the world, maintaining the firm's top 10 ranking for the 13th consecutive year.
The firm's GAR 30 ranking is featured in the 19th Edition of the GAR 100, which was unveiled last night at the GAR Awards ceremony held at the Pavillon Gabriel in Paris.
The ranking reveals that the firm's portfolio as counsel amassed $141.25 billion, an increase of $40 billion from last year. This includes 4 cases with claims exceeding $5 billion, 14 cases valued between $1–5 billion, and 26 cases in the $250 million–$1 billion range.
In the firm's GAR 100 profile, GAR describes the commercial arbitration group as "formidable," also praising its public international law and investment treaty arbitration expertise, particularly in advising governments in state-to-state negotiations and boundary disputes.
Client feedback in the GAR survey praises the firm for its "speedy grasp of some difficult technical and financial issues," "very good team management," and "willingness to be reasonable on costs," stating, "we could not have asked for anything more."
The prestigious GAR 30 ranking is based on a thorough quantitative analysis, evaluating factors such as the number of arbitral hearings conducted by a firm over a two-year period. The research takes into account merits and jurisdictional hearings, the amount in dispute in those cases (with "bet-the company" and "large" hearings given greatest weight), and the number of hours billed to arbitration over that period. High-value matters settled and the portfolio value of a firm's active arbitration caseload also influence the final rankings.
Rankings also consider the number of arbitrator appointments a firm's members have received and the number of individuals appearing in Lexology Index (formerly Who's Who Legal) – a guide to the leading practitioners in the field as selected by their peers.
This year's GAR Awards also saw the firm nominated as the Asia practice that impressed.
The firm's write-up GAR 30 can be found here.
Andrew Cannon, Global Co-Head of the firm's International Arbitration Practice and its Public International Law Practice commented: "Our ranking in the GAR 30 is a testament to the exceptional work of our arbitration teams worldwide and the trust our clients place in us to handle their most significant disputes."
Simon Chapman KC, Global Co‑Head of International Arbitration, added: "The GAR 30 continues to recognise the scale and strength of our arbitration practice, and we are proud of the work our teams deliver for clients across the world."