London – Paul Hastings LLP, a leading global law firm, announced today that the Financial Times has again named the firm one of the most innovative in Europe, in the Financial Times Innovative Lawyers Europe 2020 report.
Partner Anu Balasubramanian was named as one of 10 ‘Innovative Practitioners’, “selected for their ability to help clients cope in rapidly changing political and economic circumstances” and “constantly examining how they can improve the way they deliver legal advice.” The citation noted her success in increasing the revenue of the private equity practice, and her leading role on Abry Partners’ purchase of Link Mobility and Oakley Capital’s simultaneous acquisitions of Seagull and Videotel.
Paul Hastings was also ‘Highly Commended’ in two categories in the report:
- ‘Responding to Covid-19’: “Created a fund to provide grants to employees and their immediate family struggling financially because of Covid-19. Donations made by Paul Hastings employees to the fund are matched by the firm. Other support measures for all staff during lockdown include free counselling sessions and a $100 bursary to cover resources while working from home.”
- ‘Innovation in the practice of law’: “ The firm's real estate team developed a process incorporating artificial intelligence software for document review to help loan management company Mount Street with the transition from Libor-based interest rates to other so-called risk-free rates. Subsequently, Paul Hastings and Mount Street decided to offer a joint service to their clients, combining the law firm’s legal advice on the Libor transition with Mount Street’s expertise on the operational and commercial requirements of clients in the lending market. Commended: Miles Flynn.”
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognised as one of the world’s most innovative global law firms.