Islamic finance awards 2008: Best legal advisory firm

Clifford Chance

Islamic Finance Awards

Clifford Chance

The landscape of Islamic legal advisers has changed dramatically over the past year. Norton Rose once led the pack in Islamic finance but seems to have fallen by the wayside thanks to a series of important client losses. Having lost Abradat Kamalpour to Dechert in January 2006, Norton Rose then lost Muneer Khan to Simmons & Simmons in September 2006. Dechert, meanwhile, the winner of last year’s Euromoney award, lost one of its top lawyers, and indeed one of the most respected lawyers in Islamic finance, Michael McMillen, in the second half of 2007.

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