The award recognises Hausfeld’s work in pioneering a unique and market-changing litigation funding structure, enabling corporates that have suffered losses as a result of competition law infringements to pursue legal actions with little or no risk. In doing so, Hausfeld has been at the forefront of the development of private enforcement both in the UK and across Europe, enabling victims of cartel conduct to obtain redress which was previously not accessible. Over the past 18 months, Hausfeld has recovered in excess of one hundred million euros for its clients.
In a market dominated by major international and full-service law firms, this recognition of Hausfeld’s vision, innovation, and success is striking. Other shortlisted entrants in the dispute resolution category included Hogan Lovells, Allen & Overy, Freshfields Bruckhaus Deringer, Herbert Smith Freehills, Skadden, Arps, Slate, Meagher & Flom, Weil, Gotshal & Manges, Baker & Mackenzie and Ashurst.
The FT Innovative Lawyers awards, and report, now in their eighth year, are considered the best-in-class legal rankings in Europe because of the quality of research that is undertaken during the judging process. They seek to recognise and reward leaders in the European legal industry for their excellence and innovation.
Anthony Maton, Managing Partner at Hausfeld, said:
“We welcome and are pleased by this recognition, both from our peers and our clients. This accolade confirms Hausfeld’s position as the leading law firm in the area of private enforcement, where we have been responsible for bringing some of the largest and most high-profile claims in Europe over the past five years. As we look to build upon our successes to date, we are confident that there is much more we can do to assist corporates in obtaining the redress to which they are entitled in this and other areas of litigation.”
Hausfeld is a leading litigation practice, based in the City of London. The firm has a broad range of commercial litigation expertise, with particular expertise in Competition and Antitrust (particularly follow-on damages claims), Financial Services, Consumer and Human Rights law, often with an international dimension. Hausfeld aims to achieve the best possible results for clients through its practical and commercial approach, avoiding litigation where feasible, yet litigating robustly when necessary. Its extensive experience of alternative litigation funding structures allows clients maximum flexibility in terms of managing their exposure to costs risks.