3 Verulam Buildings has long offered incredible strength and depth when it comes to pure banking litigation. Boasting a formidable array of barristers at both junior and silk level, it "has the capacity to assist solicitors and clients ably at every level." The set's commercial and client-friendly clerks exude "accessibility, responsiveness and pragmatism," making it a firm favourite with City lawyers.
Silks Ali Malek QC, "a suave advocate, who combines tenacity with charm," is a prominent choice for leading domestic and international banking, regulatory and arbitration matters. He is praised for his ability to "steer a careful course with great skill through the maze of international political and legal difficulties" thrown up by major litigation. He "consistently gives clear and pragmatic advice."
Ewan McQuater QC comes in for praise for his commercial, well-presented and incisive advice on banking and insolvency matters, as well as for "engaging with clients and being empathetic to their case." In court he has "an easy manner and pitches his case to the Bench in just the right way."
Richard Salter QC "cuts through the minutiae of a case and hits upon the key issues." He is known for his incredible depth of knowledge of banking products and documents and is sought out for the more complex technical cases. Peers say that his "gentlemanly manner" masks his ferocious determination to win.
Adrian Beltrami QC is an "efficient operator with excellent banking litigation credentials" whose star is very much in the ascendancy. He has recently been involved in a significant amount of the interest rate swap litigation. In addition, he has represented Credit Suisse in two issues relating to negligent advice on derivative purchases.
Sonia Tolaney QC has done "very well in converting a great senior junior practice into a successful junior silk practice." She is a strong presence in derivatives disputes, and has handled various matters for UBS relating to mis-selling claims brought by Italian municipalities. She has impressed a range of lawyers who comment that she is "equally as good on her feet as she is on paper."
John Odgers QC is, like Tolaney, "thoroughly deserving of silk," according to observers. Noted for his "sheer analytical rigour" as well as his concise and commercial advice, he continues to act on various issues relating to swaps mis-selling.
Another highly regarded silk is Andrew Onslow QC, who has a "brilliant banking mind," and is commended for his user-friendly and client-focused approach. He has recently represented a defendant international bank in a EUR50 million claim for mismanagement of investments.
Solicitors trust Stephen Phillips QC's judgement on issues, saying that he "has a great brain and excellent industry knowledge." One of his key cases was the massive Al-Gosaibi v Saad litigation.
Andrew Sutcliffe QC is frequently chosen to handle derivative swaps mis-selling cases. Solicitors say he is "bright as a button," and note that he is "one of the calmest advocates at the Bar."
Finally among the silks here, Jonathan Nash QC continues to earn plaudits for his work in banking work. He is "an impressive and polished adviser, with an easy and effective manner."
Jonathan Davies-Jones "fully deserves his stellar reputation," and is "one of the best juniors at the Banking Bar," according to solicitors. His appeal to those that instruct him lies in the fact that "he reduces issues to their simplest possible form and conveys matters straightforwardly." Meticulous in his approach, he invariably "covers all the issues" in a case.
Equally well regarded is David Quest, who is a first port of call for trade finance issues, and is also popular with solicitors for his swaps expertise. Quest is "phenomenally bright," "has a very inquisitive mind," and is "fantastic with figures." He continues to act on the AHAB case, handling various claims brought by a range of banks.
Richard Brent is considered another rising star from the set, who is admired for being "the engine room of a case." Applauded for his creative approach to cases, he frequently advises on issues with a regulatory bent, and is widely regarded as an excellent advocate.
Catherine Gibaud is "thorough and provides great logical analysis" which she parlays into "solid, punchy advice." She is known for her regulatory work, and is a popular choice for mis-selling claims and structured product disputes.
In common with Gibaud, Matthew Hardwick has handled a range of mis-selling claims. He earns respect from solicitors for his excellent court manner and high-quality written work.
Solicitors see Laura John as a "wonderfully responsive and bright" junior, and enthuse about her commercial knowledge and user-friendliness.
Michael Lazarus is "a brilliant lawyer, who dissects the most complex problems with ease."
Stablemate Matthew Parker has recently advised on a range of domestic and international banking issues. One example of his work was acting for the Central Bank of Ecuador in a USD150 million fraud claim arising out of the collapse of an Ecuadorian bank.
Another junior with plenty of admirers is Ian Wilson, who impresses instructing firms as an "intelligent and effective advocate." Wilson brings "a deeply analytical approach" to his cases and is known for his extensive knowledge of payment protection insurance (PPI) and swaps claims.
James MacDonald's drafting is "a joy to read," and he is widely seen as a promising up-and-comer in the banking sphere. He has already established a strong reputation for himself on the back of his PPI work.
Lastly, Adam Kramer's "sharp intellect," "eye for detail," and excellent academic background see him enter the rankings for the first time. He has recently handled various mis-selling claims.
Return to top
Financial Services
This pre-eminent commercial set is known for its incredible depth of expertise in the banking and financial services area. It is constantly involved in "absolutely ground-breaking work," and is a strong presence on regulatory and jurisdictional issues relating to the banking sector.
Michael Blair QC is a "doyen" of the area and a former general counsel at the FSA. "Getting advice from him is the next best thing to getting an opinion from the FSA itself," according to solicitors.
Stablemate Ali Malek QC "excels at guiding clients through difficult regulatory problems, especially where there is a twin-track civil claim." He recently advised on a dispute concerning application of money laundering legislation in Guernsey. Malek is recommended along with the "excellent and client-friendly" John Odgers QC, who is highly regarded on both the banking and regulatory sides. His expertise lies in work involving complex financial products and derivatives.
Richard Brent is "a first-rate junior for any financial services regulatory matter." He has a fantastic practice that encompasses issues such as loan notes, derivatives, the FSA's powers and the impact of EU and UK sanction regimes.
Sophie Mallinckrodt's spread of work includes both advisory and contentious matters. She is instructed both by the FSA and against it, especially on matters relating to disciplinary offences and breaches of the Financial Services & Markets Act 2000. Commentators admire her tenacity and her willing personality. They also give backing to Charlotte Eborall, who has been in practice less than ten years but has already established herself as a favourite of the FSA. She acted on its behalf in both In the Matter of Sompo and Transfercom Limited, and In the Matter of Direct Line Insurance Limited. Commentators say that she "focuses on the important things in a case and makes it clear that everything is under control, so keeps everyone calm."
Robert Purves has an impressive standing in the regulatory area, and is also particularly noted for his "great knowledge of esoteric insurance issues." Commentators note that he is "very able technically and has good commercial sense," as well as "an incisive grasp of perimeter guidance issues."
Commercial Dispute Resolution
3 Verulam Buildings sustains its strong reputation in all forms of commercial litigation through providing heavy hitters at its top end and a host of rising stars lower down. In the past few years it has "regularly produced a stream of very strong QCs" and attracted many of the major cases in the market. Commentators attribute much of its success to the "consistently high quality of its barristers, all of whom are bright and leading in their fields." The set is widely praised for its "efficient and businesslike" handling of litigation, as well as its team of intelligent clerks who are "easy to communicate with and trustworthy." Sources say: "The set is a leader and few can offer the same all-round power and user-friendliness."
Head of chambers Ali Malek QC is an "extremely experienced" leader with a "very diverse practice." Described as "a silk at the top of his game," he is "a superb advocate" who "gets the judge's ear." Sources say they benefit from his "remarkable overview of a case" as much as his "street-fighting qualities." They also comment on the extent to which Malek's work involves multi-jurisdictional matters, saying that "like a good wine, he travels well."
Adrian Beltrami QC is "a tenacious advocate," who combines intelligence with charm. "Adept at getting down to the issues of a case," he involves himself in big-money litigation such as Masri v CCIC, and Benedetti v Sawiris.
One instructing solicitor described Andrew Onslow QC as a "a stellar QC, who is a god in my opinion." Such effusive praise stems from the fact that Onslow has a fine track record in heavy litigation and is "a very good analyst with a nice advocacy manner." He further impresses due to the fact that he is excellent with clients and highly user-friendly.
Instructing solicitors also favour the "clear drafting style" and "highly convincing" arguments of Ewan McQuater QC. They say he "understands what we are trying to do and figures out a way to get there." "Highly client-focused, commercial, pragmatic and strategic," he is "a hard-hitting advocate to be up against."
Market sources comment that Jonathan Nash QC "is making a huge success of silk." "A good team player," he is "a smooth advocate who argues a difficult point well." He is further praised for his "very fast turnaround" of papers, his user-friendliness and his rapid grasp of complex issues. He has recently been engaged in a long-running oligarch dispute concerning the Russian energy industry.
Sonia Tolaney QC has impressed sources since taking silk in 2011. Sources say she "has all the abilities to go right to the top." "Highly intuitive, tenacious and charming," she is "incredibly user-friendly, extremely commercial and sensible in her approach." Pundits tip her for a yet brighter future.
Fellow silk Stephen Phillips QC acts on an array of major financial disputes, and has recently appeared in the Court of Appeal for the claimant in Gesner Investments' aviation dispute with Bombardier.
He wins praise as does Richard Salter QC, whose "legal analysis is quite brilliant," according to sources. Solicitors further favour him as he is "very happy to get in the detail and work as part of a team." Recently, he successfully appeared in the Supreme Court in Belmont Park Investments v BNY Corporate Trustee Services Ltd and Lehman Brothers Special Financing Inc.
The "delightful" and "very bright" Andrew Sutcliffe QC "gives hard advice when it needs to be given." "Excellent technically and incredibly easy to work with," he is an "incredibly client-friendly" silk. He has recently been acting for 116 Irish investors on a £30m dispute with Morgan Stanley.
Christopher Symons QC's recent work has included litigation surrounding a major fire in a shipyard. Sources say: "His analysis of a case, advice, drafting and cross-examination skills are all excellent."
"I didn't know what fastidious meant before I worked with Paul Lowenstein QC," a source describes. "Extraordinary in his attention to detail" and "absolutely relentless in his focus on a case," Lowenstein has a thriving practice at the Commercial Bar. Instructing solicitors salute him for being "thorough, tenacious and incisive."
John Odgers QC is a "calm and assured" practitioner. He recently acted for AstraZeneca on its Commercial Court conflict with Albemarle. He was also instructed by JPMorgan in its dispute with Merrill Lynch over a mistaken delivery of securities.
Praised for his responsiveness and technical ability, the highly personable Cyril Kinsky QC is "a humorous advocate with evident charm." He recently defended Usarel Investments in relation to BTA Bank's multibillion-dollar fraud claim against Mukhtar Ablyazov.
Sources say that Andrew Fletcher QC is "always stunningly well prepared." He is praised for his "very thorough and painstaking" counsel, and is also noted for being excellent with clients.
The "commercially oriented" John Jarvis QC recently appeared in relation to client money claims arising out of the collapse of Lehman Brothers. His wide commercial practice takes in fraud, banking, professional indemnity and insurance disputes.
"Masterful advocate" Gregory Mitchell QC has "all-round commercial capability." This "highly practical" barrister is admired by instructing solicitors for his confidence and unflappability.
Sources say Jonathan Davies-Jones "is a star - there is no other way to put it." "Adept at the most complicated of cases," "he displays real skill in distilling complicated points of fact or law and weaving them into an intelligible and compelling argument." One further selling point of his is that he has a fine grasp of the intricacies of complex financial instruments.
When instructing David Quest, solicitors say they rely on his "great judgement" and superb drafting skills. His mathematical background lends him proficiency in cases involving exotic derivatives with complex formulae. His many high-profile cases include acting for Ahmad Hamad Al Gosaibi & Brothers on its USD9 billion fraud claim against the Saad Group.
Michael Lazarus is a "technically gifted" barrister who is "extraordinarily bright and easy to get on with." He recently enforced a USD24 million judgment in the Ukrainian courts arising out of Merchant International's earlier claims against oil and gas company Naftogaz.
Instructing solicitors were effusive in their praise of James MacDonald. A junior with a "rapier-like" intellect, "he is incredibly easy to deal with" and "adds value at every stage." A variety of sources commented upon MacDonald's way with words, with one interviewee saying: "His drafting is a joy to behold: you will be wrestling with something for hours and he will distil it into one sentence."
David Head is "focused, client-friendly and gets right to the nub of a dispute." Solicitors trust him to take on cases unled and say he is "excellent on technical matters and always willing to go the extra mile to get a result."
Adam Kramer recently acted on a multimillion-pound claim brought by Royal Liver Assurance against its former head of investment. He is noted for his powerful academic mind, which he puts to use in commercial disputes arising out of a range of professional indemnity, energy, fraud, banking and insurance matters.
Sources confidently say that "in ten years' time" Matthew Parker "will be a star." Parker recently acted for Porton Capital on a claim against 3M arising from the sale of an MRSA screening device.
"Promising junior" Peter Ratcliffe joins the rankings this year. "Responsive and a pleasure to deal with," he attracts work to him due to the "upbeat, responsive and open-minded" approach he takes to his cases.
James Evans is an experienced commercial litigator, who is frequently led by John Jarvis QC. He acted with Jarvis on Dominion of Virginia's claim concerning client assets arising from the collapse of MF Global. He is also an arbitrator.
Instructing solicitors say that Nicholas Craig is "highly authoritative" and can be called upon to provide "quick, responsive, good advice" when needed. "He gets hold of things very quickly," sources say.
The "absolutely superb" Peter de Verneuil Smith is "responsive, thorough and ready to commit to a view." "On his feet he is just extraordinary; he takes people apart in court. He has a phenomenal, charismatic style that judges like, and his analysis is absolutely spot-on."
Sources also complimented Matthew Hardwick, an "incredibly busy" junior and a "creative thinker." Instructing solicitors say he is "highly pragmatic" and "doesn't shirk from difficult cases." He "works really hard for the client, will roll his sleeves up and make the best of a tricky situation," report those that instruct him.
Impressed solicitors say Christopher Harris is "brilliant" and applaud him for his "ability to out-think" his opponent "at every point." They particularly highlight his strength on jurisdictional points.
Laura John has recently acted on a multimillion-pound dispute between international telecoms giants Tilton and Lycatel. She also defended Dena from a high-value claim brought by ABEI arising out of a failed thermal nanotechnology joint venture.
John's stock is rising in the market as is that of "class act" Rajesh Pillai. A "vigorous and persuasive advocate," Pillai is called upon for his expert advice in overseas jurisdictions. By way of example, he recently advised investors Honua Securities on a Virginia Distict Court fraud claim.
Sandy Phipps "is a superstar," who is "approachable, intelligent and happy to work as part of a team." Phipps recently appeared in the Supreme Court on behalf of NML Capital looking at whether the Argentine Republic could legitimately claim sovereign immunity in respect of English proceedings to enforce foreign judgments. He wins strong market approval as does up-and-coming junior Anne Jeavons, who is hailed as a "highly clever, very good technical lawyer."
Return to top
Civil Fraud
3 Verulam Buildings has strength at all levels, from experienced silks to fledgling juniors, and is particularly fêted by sources for its work in banking fraud, which is hardly surprising given the firm's traditional strength in the banking sector. Its members attract instructions on high-profile civil fraud cases, and have recently appeared in disputes relating to the Madoff Ponzi scheme and litigious Russian oligarchs, as well as in other important matters in the UK and offshore jurisdictions. Informed sources approve of the firm's "excellent" clerking and the overall service they provide, all of which is ably marshalled by senior practice manager Paul Cooklin.
Head of chambers Ali Malek QC is one of the most respected silks practising in civil fraud. "One of the leading names at the Commercial Bar," he is "smooth and measured," "extremely good with clients," and "loves being in court," according to solicitors. His recent highlights include appearing in the Court of Appeal in the dispute between Linsen International and Humpuss Sea Transport. Ewan McQuater QC has been acting in some very high-profile disputes, including representing the Algosaibi family in their USD10 billion claim against a number of very high net worth individuals. He is "a very effective opponent," who is praised for his "very energetic and assertive" style of advocacy.
Andrew Onslow QC has almost a decade as a silk to his name, and was notably involved in part of the Berezovsky litigation. Recent highlights saw him act for an insurance company in a case involving claims of unjust enrichment and fraud. Stephen Phillips QC brings many years of experience to bear, and handles high-value fraud work often involving international disputes between international clients. A lawyer who frequently appears in offshore jurisdictions, he acted in the USD10 billion Algosaibi case in the Cayman Islands Court of Appeal. He has also been acting on behalf of a major Dubai bank in a matter arising out of a large-scale global trade finance fraud.
Informed sources say noted commercial litigator Adrian Beltrami QC is "an able and authoritative lawyer, who is a thorough and persuasive advocate." He is used to appearing in high-value disputes both here and overseas, and is currently acting in the Bermuda Court of Appeal on behalf of the liquidators of feeder funds of Madoff Securities, who are seeking to recover EUR500 million.
Sonia Tolaney QC is a "particularly good" fraud silk, according to sources. She has appeared in some noted disputes, which include acting on behalf of Russian oligarch Vasily Ansimov in the Berezovsky/Abramovich case. She also garners praise for her banking work, which has seen her act on behalf of UBS on the alleged mis-selling of a derivative transaction involving UBS and Lombardy. In other matters she acted for Deutsche Bank in a dispute with internet billionaire Alexander Vik.
Andrew Sutcliffe QC specialises in commercial disputes, and "is one of the best around" when it comes to commercial fraud, according to sources. Recent highlights for him include representing a claimant in a £30 million mortgage fraud. John Odgers QC took silk in 2012, and impresses clients with his "very engaging style" of advocacy. Sources note he is "popular with heavyweight banking clients and judges," and is therefore a natural choice for large-scale fraud cases.
Senior junior David Quest "stands out amongst the juniors at the Fraud Bar" according to sources, who also commended him for the strength of his drafting. He has recently been led by Ewan McQuater QC in the Algosaibi fraud litigation.
Jonathan Davies-Jones is "adept at the most complex of cases" according to sources, who view him as "an extremely safe pair of hands." He "has a real skill at distilling complicated points of fact or law into an intelligible and compelling argument." Recently, he acted on behalf of the respondents in an LCIA arbitration on claims of duress, breach of contact and conspiracy valued in the billions, all relating to the construction of a development in Moscow. The "seriously bright" Matthew Parker is "very thorough" and "a great pleasure to work with," according to sources. He has recently been acting on behalf of the Central Bank of Ecuador in a claim being heard by the Bahamas Supreme Court.
Adam Kramer is "one of the brightest people I've come across," according to one solicitor, who applauded his ability to practically apply superior intelligence. He has recently acted in a dispute that centres around a floating Ecuadorian power station. Noted junior Rajesh Pillai is an "extremely good" fraud barrister who "takes everything in his stride." He recently acted in an arbitration for an investment fund in a USD50 million dispute over interests in an energy infrastructure plant in South Asia.
David Head is "very measured and not afraid to get his hands dirty." according to interviewees, who go on to add that he "consistently holds his own against a silks." He has recently been led by Ewan McQuater QC in a EUR200 million injunction application relating to an investment structure, and has also acted in a dispute involving a Kyrgyz mobile telecoms operator which is being heard in the Isle of Man High Court. Laura John is an experienced junior who has recently been acting on behalf of a large Japanese department store alleging fraudulent misrepresentation against an IT support service company. She also acted for the defendants in a multimillion-pound claim, which originated from a joint venture intending to exploit thermal nanotechnology in Jordan.
Return to top
Information Technology
3 Verulam Buildings has lawyers who are regularly instructed across the full gamut of IT issues, including in cases concerning software licences, royalties and delivery. They are backed up by clerks who are "very efficient, and always succeed in finding suitable counsel for a case."
Paul Lowenstein QC is a "thorough, tenacious and incisive" lawyer who is many people's "first choice for complicated or technical disputes." He is at his finest when on his feet in court, where he shows himself to be both "extremely commercial and a good strategist." Indeed, such is his ability to keep the big picture in view while debating smaller issues, that clients believe "he keeps a mental route map." Recently, he recently acted for Cable & Wireless against European Technology Group in a claim relating to operation and maintenance fees connected to a point-to-point fibre cable use agreement.
Michael Lazarus is "such an excellent senior junior that he's already at QC standard." He is "clearly very adroit in the IT arena," impressing sources with his "ability to really grasp heavily technical information, digest it and make sense of it quickly." He scores highly with solicitors, who applaud his "excellent client rapport" and believe that "his speed and efficient turnaround of matters is exceptional." He recently represented AstraZeneca in a dispute with IBM concerning the termination of a substantial IT infrastructure outsourcing contract.
Return to top
Restructuring/Insolvency
3 Verulam buildings is "an outstanding chambers" that has members who act for and against officeholders and directors on a range of jurisdictions and proceedings. The matters it undertakes are complex and of high value, and often involve issues of fraud or misconduct. Recent cases handled include the Icelandic bank Glitnir's insolvency and an instruction from HMRC in relation to proceedings against Portsmouth Football Club.
Ewan McQuater QC advises corporates and financial institutions looking to restructure. By common consent, he has "an extremely strong reputation" and a vast experience in this field.
"Clients love Sonia Tolaney QC as she's extremely successful." A lawyer who "can hold her own in any forum," she is sought out for her specialist fraud and insolvency crossover knowledge.
Adrian Beltrami QC "is technically excellent and is also very strategically astute." He has been heavily involved in the Madoff litigation, acting for the liquidators of a group of feeder funds attempting to recover EUR500 million of investor funds.
Angharad Start has recently been active in the higher courts. She is "terrifyingly bright, just so clever and really razor sharp," say solicitors.
Commentators remark that Sophie Mallinckrodt, who has an active insolvency practice, is "sharp and pragmatic" and "always available and a delight to work with."
Return to top
Insurance
3 Verulam Buildings offers superior client service combined with a highly commercial approach to the cases it handles. It has a growing insurance and reinsurance practice, and tackles a variety of issues from coverage disputes to business interruption claims. The set is involved in many high-level matters, and offers noteworthy expertise in the banking and finance sector. Christopher Symons QC is "still at the top of his game after over 30 years in the insurance and reinsurance arena. His analysis, drafting and cross-examination skills are second to none," states one client. He acts as both counsel and as arbitrator on a number of high-profile cases. Tom Weitzman QC attracts praise for his "prompt and decisive advice," and his "quick wit and in-depth knowledge of insurance law." In recent times, he has acted on a reinsurance dispute regarding energy losses resulting from Hurricane Rita. Rory Phillips QC acts for both insurers and insured on a variety of complex cases. Interviewees regard him as an "impressively deep thinker." Peter Ratcliffe receives warm praise as a "bright and effective junior." He acted as counsel in Brogan Group v HSB Engineering Insurance, a case relating to potential claims under contractors' All Risks insurance. Adam Kramer focuses particularly on brokers' disputes and "demonstrates reliable strategic judgement." "He is approachable, clear and has superb attention to detail," enthuses one client. David Quest is notably active in fraud claims and coverage disputes. "He is always available and turns things around quickly," sources say. Nicholas Craig advises on a broad range of insurance matters including material non-disclosure and policy construction. Clients agree he is "a greatly experienced junior, who is responsive and pragmatic."
Return to top
Media & Entertainment
In recent years 3 Verulam Buildings has successfully broadened its work beyond its traditional banking base. It has vastly increased its general commercial dispute work and as part of this has become an increasingly frequent choice for solicitors with media-related disputes. Key areas it has recently advised on include media licensing contract work, and publishing and royalty disputes. Observers are watching keenly to see how the loss of senior clerk Nick Hill to Three New Square will impact on the wider administration and front line service levels here. They remain confident, however, that the set is safe in the very capable hands of the seasoned and highly venerated Paul Cooklin, who is now senior practice manager.
Andrew Sutcliffe QC has tackled a number of media-related disputes as part of a wider general commercial practice. Following on from his work for Bloomsbury concerning a JK Rowling-related matter, he led for the defence on a high-profile royalties dispute concerning the hit song 'A Whiter Shade of Pale'. Solicitors agree that he is "incredibly user-friendly as he fully understands the dynamics between ourselves and the client." He is also very approachable and is trusted by judges as he has "a complete grasp of the law."
Paul Lowenstein QC recently advised a complainant on contractual aspects of the months-long suspension of the PlayStation Network. Sources speak of him as a well-trained team player with a sound commercial ethos.
Peter Ratcliffe has established himself as a junior of choice for thorny issues in the media and entertainment arena. His recent highlights include advising ITV on a claim for alleged breach of contract by a chat show guest. He has also represented film production company Independent Films.
International Arbitration
This highly respected commercial set is rapidly becoming a regular feature on the international arbitration scene. Its expertise encompasses investment treaty work and the full spectrum of commercial disputes, and its members "work extremely hard" as counsel and arbitrators. Instructing solicitors are impressed with the ability of the set to "understand how best, in a modern context, the International Arbitration Bar and firms can come together to handle disputes." Those who have worked with the respected barristers and clerks at 3 Verulam Buildings are also happy to report that "client service is the utmost priority" at the set.
The "tremendous" Ali Malek QC is renowned for his "high-end commercial practice" and is considered to be "pre-eminent in his field." He is experienced as both advocate and arbitrator, and his recent work includes acting for Kazakhstan in a multibillion-dollar ICSID arbitration brought by KT Asia.
Leading junior Christopher Harris is an arbitration specialist who has a deep footprint in investment disputes. He is highlighted for his "razor-sharp mind and great oral advocacy," and is acting with Ali Malek QC in the Kazakhstan matter. He is also acting for the claimant in an ICC arbitration linked to an African gold mining undertaking.
Rajesh Pillai is a new entry in the table this year, having received considerable praise from instructing solicitors. One source noted that "his ability to easily grasp a heavy and complex matter amazed me."
Professional Negligence
This well-known commercial set has respected silks and juniors who combine to form a notable professional negligence offering. Members have specialised knowledge of the complexities surrounding a whole host of professional negligence matters, but prove particularly strong on claims that relate to the financial services and banking sector. They are fortunate in being able to call upon the services of personable clerks who are "good at getting to know solicitors and understanding the needs of clients."
The "incredibly good" Andrew Onslow QC maintains a busy practice. The past year has seen him defending barristers, solicitors and banks against negligence claims.
Another well-known performer at the Bar is Christopher Symons QC, whose "superb judgement" garners him widespread recognition. One solicitor that used him said: "He is very, very focused. Thanks to him we got through a complicated case in two weeks when it could easily have taken four."
Tom Weitzman QC is another highly rated advocate. Recently, he has been retained on complex reinsurance disputes and serious financial matters. Interviewees say that he is "top of the tree" when it comes to brokers negligence cases.
Rory Phillips QC similarly acts for brokers, and solicitors and accountants amongst others. He has recently been instructed by Hogan Lovells in claims arising out of the HLB Kidsons litigation brought by accountants against solicitors, brokers and others.
Also recommended is Cyril Kinsky QC, recognised for his focus on high value claims and a highly sought-after silk. His significant instructions include acting for a group of investors alleging negligence of The Creative Paradox, a tax-driven film finance scheme.
Paul Lowenstein QC is praised for his command of the courtroom. Solicitors hold him in high regard, and instruct him on a multitude of negligence cases. Of late he has tackled a series of mortgage lenders' claims.
Matthew Parker impresses with his extensive knowledge and approachable manner. He is singled out for the work he does on financial services-related claims. Commentators note that "he is thorough, prepared to get stuck into the detail, tenacious and a very good advocate."
The "brilliant" Jonathan Davies-Jones is much lauded for his "encyclopaedic knowledge." He is noted for his ease of manner with clients and his quick thinking in court. Sources view him as a star of the future.
Great things are also predicted for David Head, who adopts "a calm and measured approach" to his work. Interviewees say of Head that "the comfort of knowing that you are going to someone who knows not only the law, but how it is applied in court," is of great value to them.
Described as "brilliant" and "very commercially astute and practical", Sophie Mallinckrodt is noted for her experience of professional negligence disputes.
Shipping
Nicholas Craig (Band 3)
Energy & Natural Resources
Adam Kramer (Band U)
Offshore
Ali Malek (Band 3)
David Quest (Band 2)
Ewan McQuater (Band 2)
Matthew Parker (Band 2)
Stephen Phillips (Band 3)
3 Verulam Buildings' core appeal lies in the fact that it has a richly deserved reputation for producing powerful advocates who can hold their own in commercial disputes of any nature. Clients and solicitors looking to defend or challenge the terms of agreements and contracts within the technology and communications sector will find some of the best and most seasoned counsel in the market here.
Paul Lowenstein QC is much sought after for his advocacy in critical and complex contract and licence disputes involving TMT companies. He is also well known for the quality of his advice on matters such as the retention of mobile phone records by government departments. Recent matters he has handled include Cable & Wireless v European Technology Group.
Michael Lazarus is renowned for his "ability to take a complex set of facts and technical issues and to translate them into straightforward advice." He is valued for the "good commercial edge" he brings to a case, and for the excellent client service he offers.
Banking and Finance
3 Verulam Buildings is ‘probably the best chambers for general banking work'. The ‘extremely experienced' Ali Malek QC is ‘a superb advocate and statesman, and gives really top-notch and invaluable advice'. Richard Salter QC is ‘first choice for complicated derivatives and structured finance products', and the ‘excellent' Jonathan Nash QC ‘combines an in-depth knowledge and understanding of complex finance transactions with a sharp mind'. The ‘bright, intuitive, tenacious' Sonia Tolaney QC is ‘a delight to watch on her feet and equally good on paper', and John Odgers QC is ‘absolutely first class in the field of banking and derivatives litigation'. Jonathan Davies-Jones is ‘by some distance the best banking junior at the Bar. He is super bright, incredibly easy to deal with, and tenacious'. Richard Brent is ‘first choice for contentious regulatory matters' and ‘understands the best way to formulate arguments in banking litigation'. William Edwards is ‘an excellent junior with advocacy skills well beyond his years'. James MacDonald's ‘pleadings and skeleton arguments are creations of rare beauty'.
At 3 Verulam Buildings, the ‘extremely experienced' Ali Malek QC ‘cuts straight to the issue' and provides ‘very wise counsel'. Adrian Beltrami QC is ‘on his way to being one of the leading QCs at the commercial Bar', and Stephen Phillips QC is ‘one of the cleverest men at the Bar, with a tremendous killer instinct'. Paul Lowenstein QC's ‘commitment to his cases is matched by his wonderful sense of humour and team-playing perspective'. The ‘super-clever and incredibly user-friendly' Sonia Tolaney QC and ‘utterly charming' David Head are also recommended. Matthew Parker's ‘written work and advocacy are both at a very high level indeed', and Michael Lazarus is ‘top drawer, always sharp and insightful, but with his feet on the ground'.
Civil Fraud
3 Verulam Buildings acts for victims of fraud in the UK and abroad, with Ali Malek QC, Adrian Beltrami QC, John Jarvis QC and Andrew Onslow QC among its leading silks. Also recommended are Ewan McQuater QC, who is ‘a compelling advocate and a good team player'; Stephen Phillips QC, also ‘very strong in this area'; and Andrew Sutcliffe QC, who is ‘one of the nicest people in the legal profession'. Sonia Tolaney QC has ‘really hit the ground running' since taking silk in 2011. Recommended juniors include the ‘fearless, ferociously bright and relentlessly forensic' David Quest, Jonathan Davies-Jones, Peter de Verneuil Smith, David Head and Matthew Parker.
Commodities
Nicholas Craig is recommended.
Information Technology
At 3 Verulam Buildings, Michael Lazarus stands out for his ‘superior technical ability, excellent turnaround times, approachable manner and client focus'. Clive Freedman is also well regarded.
Insolvency
3 Verulam Buildings displays ‘genuine depth of expertise' in insolvency, with the barristers supported by ‘active and very helpful' clerks. John Jarvis QC is an ‘immensely experienced silk' and an ‘active team player'. ‘Leader in the field' Ewan McQuater QC is ‘very highly regarded in banking and insolvency matters, especially where matters cross into both fields'. Sonia Tolaney QC appeared in Forsta AP-Fonden v Bank of New York Mellon, and is ‘quick to identify issues and provide strong commercial advice'. Sophie Mallinckrodt is ‘always available and delightful to work with', and Matthew Hardwick is ‘courageous, articulate, bright and a clear thinker'.
Insurance and Reinsurance
At 3 Verulam Buildings, Tom Weitzman QC recently led Adam Kramer (‘a highly intelligent and user-friendly barrister with a great grasp of the principles') in Gard v Lloyd Tunnicliffe, a case concerning the proper interpretation of an excess loss clause arising from Hurricane Rita. Christopher Symons QC acted as counsel in an arbitration involving a dispute between reinsurers as to whether the events of 9/11 could be construed as one event or two. Nicholas Craig and Jonathan Davies-Jones are also recommended.
International arbitration
3 Verulam Buildings is an 'excellent set with very helpful clerks' and a very good track record in major commercial and banking disputes. Ali Malek QC is 'one of the most powerful arbitration advocates available' and has 'a great feel for the outcome of a case'. Andrew Onslow QC is 'a pleasure to work with, very user-friendlyand assured on his feet'. Christopher Harris is 'one of the rising stars of the international arbitration Bar' and is 'extremely knowledgeable' on investment treaties.
Media & Entertainment
At 3 Verulam Buildings, Andrew Sutcliffe QC has ‘a dazzling intellect and is a good team player', and acted for Bloomsbury in resisting claims for copyright infringement involving JK Rowling and the Harry Potter brand. Peter Ratcliffe is recommended for his ‘ability to condense complex factual matters into a readily understandable pleading', and successfully represented ITV in a breach of contract claim brought by a chat show guest. The ‘diligent, dependable' Richard Edwards ‘masters the detail and is always helpful'.
3 Verulam Buildings is ‘highly recommended' for professional negligence work. Notable silks include the ‘brilliant' Andrew Sutcliffe QC, the ‘calm and thorough' Andrew Onslow QC, Thomas Weitzman QC, who is ‘very bright and approachable', and Christopher Symons QC, who is ‘rated very highly'. At junior level, Matthew Parker is ‘well liked'; and Sophie Mallinckrodt is defending a leading investment bank in a multimillion-pound claim of alleged professional negligence in relation to portfolio management and investment advice. John Odgers QC, who recently took silk, ‘combines a superb intellect with being extremely approachable'. The ‘extremely intelligent' Jonathan Davies-Jones is also recommended.
...the 'affable and approachable' Nicholas Craig at 3 Verulam Buildings.
Michael Blair QC is a "doyen" of the area and a former general counsel at the FSA. "Getting advice from him is the next best thing to getting an opinion from the FSA itself," according to solicitors. Stablemate Ali Malek QC "excels at guiding clients through difficult regulatory problems, especially where there is a twin-track civil claim." He recently advised on a dispute concerning application of money laundering legislation in Guernsey. Malek is recommended along with the "excellent and client-friendly" John Odgers QC, who is highly regarded on both the banking and regulatory sides. His expertise lies in work involving complex financial products and derivatives.
Richard Brent is "a first-rate junior for any financial services regulatory matter." He has a fantastic practice that encompasses issues such as loan notes, derivatives, the FSA's powers and the impact of EU and UK sanction regimes.
Sophie Mallinckrodt's spread of work includes both advisory and contentious matters. She is instructed both by the FSA and against it, especially on matters relating to disciplinary offences and breaches of the Financial Services & Markets Act 2000. Commentators admire her tenacity and her willing personality. They also give backing to Charlotte Eborall, who has been in practice less than ten years but has already established herself as a favourite of the FSA. She acted on its behalf in both In the Matter of Sompo and Transfercom Limited, and In the Matter of Direct Line Insurance Limited. Commentators say that she "focuses on the important things in a case and makes it clear that everything is under control, so keeps everyone calm."
Robert Purves has an impressive standing in the regulatory area, and is also particularly noted for his "great knowledge of esoteric insurance issues." Commentators note that he is "very able technically and has good commercial sense," as well as "an incisive grasp of perimeter guidance issues."
Commercial Litigation