Legal eagles

Clifford Chance has been ranked number one in the first annual OpRisk & Compliance survey of law firms engaged in risk and compliance activities for financial services firms. But as the results attest, risk and compliance is a hot area for global law firms, and demand appears to be outstripping supply as Mifid draws inexorably closer, reports Victoria Pennington

The top three law firms ranked in our first annual survey – Clifford Chance, Linklaters and Freshfields – should come as no real surprise. They are historically premier league players, with a wealth of experience in the compliance and risk management arena. Norton Rose and Herbert Smith are the younger kids on the block that have also forged a solid place in the compliance sector, and both are well-known for their strategic regulatory advice, and for their work in enforcement, and in fraud and

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