Lester Aldridge emerges as top law firm
Lester Aldridge, a leading law firm based on the South Coast and London, has been recognised as a leader in insolvency law. During 2023, it ranked eighth among the most active law firms for insolvency cases in the High Court, according to a comprehensive report published by Solomonic, a reputable litigation analytics platform.
The report underscores Lester Aldridge's notable position as the eighth most active law firm in handling insolvency cases within The Insolvency and Companies List. This specialist court, formerly known as the Companies Court, is renowned for managing complex cases related to corporate insolvency. Lester Aldridge's Restructuring & Insolvency team has demonstrated exceptional proficiency in advising clients on a spectrum of matters, including transactions, strategic planning, viability reviews, and litigation arising from corporate and personal insolvency issues. In addition, the firm’s Litigation & Recoveries team has extensive experience in the recovery of unpaid debts and assets, consumer credit finance and insolvency.
Solomonic described 2023 as a year “characterised by tough underlying macro-economic conditions; major geopolitical events, including the continuation of the Russo-Ukrainian war; and the next wave of Covid-19-related disputes, including the related complexities of insurance policies”.
The Insolvency and Companies List experienced unprecedented activity throughout 2023, reflecting the profound economic challenges prevalent during the period. It is noteworthy that firms leading in this court are often distinguished specialists or possess exceptionally strong teams dedicated to insolvency matters.
Rebecca Walker, Partner and Head of Lester Aldridge's Restructuring and Insolvency team, said, “The firm's increase in insolvency activity during 2023 underscores our commitment to providing unparalleled legal expertise and support to clients navigating the complexities of insolvency proceedings.”