Clifford Chance

Clifford Chance Prague's M&A practice breaks into the top tier of the 2012 edition of IFLR1000

In the recently released 2012 edition of the IFLR1000 guide the Mergers and Acquisitions practice of Clifford Chance's Prague office moved into the top tier of rated firms in the Czech Republic for the first time since the directory's initial release.

The path of the practice to tier 1 has been one of steady improvement over a number of years rather than a meteoric rise. Back in 2005 the M&A practice in Prague took its place amongst those firms in the lowest band ranked by the publication with scant market recognition. But, thanks to the firm's development strategy and hiring practices, the foundations of today's successful team were already being built. Its current leading position on the market is due to the breadth of expertise of the office's corporate lawyers, the strength of Clifford Chance's global network, and the quality of the mandates on which the practice has had the good fortune to be involved on.

Alex Cook, head of Prague's corporate practice commented, "the Prague office had a particularly strong showing across the board this year, but our elevation to the top tier for the first time for M&A is an outstanding achievement. It reflects the strength of our practice and dedication of our team, and recognition of our progress by the market and our peers".

The firm was also ranked as a top tier firm in the areas of Banking and Project Finance, Restructuring and Insolvency, and Real Estate in the Czech Republic.