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I don’t have much to add to Ram’s great response, but just a quick note to be mindful of how rankings are interpreted. A firm might be placed in Band 3 for a broader practice area but still hold a Band 1 position in a specific niche within that area - whether that’s regionally, globally, or based on sector expertise.For instance, Clyde & Co is highly regarded for its global insurance practice, even if its ranking in broader corporate categories might differ. Similarly, Travers Smith is exceptionally strong in private equity M&A within the UK, even if it appears in a different band in more general corporate rankings.The point I’m trying to make is that while band rankings are definitely useful and worth considering, they aren’t everything. It’s always helpful to look a bit deeper into what the rankings actually reflect.
I don’t have much to add to Ram’s great response, but just a quick note to be mindful of how rankings are interpreted. A firm might be placed in Band 3 for a broader practice area but still hold a Band 1 position in a specific niche within that area - whether that’s regionally, globally, or based on sector expertise.
For instance, Clyde & Co is highly regarded for its global insurance practice, even if its ranking in broader corporate categories might differ. Similarly, Travers Smith is exceptionally strong in private equity M&A within the UK, even if it appears in a different band in more general corporate rankings.
The point I’m trying to make is that while band rankings are definitely useful and worth considering, they aren’t everything. It’s always helpful to look a bit deeper into what the rankings actually reflect.