For the second consecutive year national law firm TLT has been ranked in the top tier for mid-market Banking and Finance work in India by Chambers in its independent guide to the Asia-Pacific legal market. The only other UK law firms recognised for their Banking and Finance expertise in the Indian market are global and magic circle firms including Allen & Overy, Baker & McKenzie and Clifford Chance.
Chambers Asia-Pacific 2013 comments that TLT is "[continuing] to expand its India operations with the recruitment of new [banking and] finance partner Simon Coles (formerly at Simmons & Simmons)" and that the firm "represents a wide range of lenders".
Banking and finance partner Richard McBride is ranked as a key individual in this area, recognising his work with TLT's Indian banking clients including Bank of India, State Bank of India, Bank of Baroda, ICICI Bank and Punjab National Bank (International) Ltd.
Richard has previously been described as "the main driver behind the team's success", and this year's directory states that "his ability to 'give crystallised opinions' and to 'stick to the priority of a project' were particularly singled out for praise."
Richard McBride says, "TLT's strong links and over 25 years' experience of the Indian market mean that TLT has the legal know-how, cultural knowledge and commercial expertise to support our clients in India. I'm delighted that TLT has been independently ranked as a top tier firm and that I have been recognised as a leader in my field."
TLT's Banking and Finance practice serving the Indian market supports the firm's focus on the Financial Services sector. TLT advises leading Indian banks on a wide range of banking matters including structuring of transactions, guarantees, security, priority and subordination issues and cross-border issues, including asset-specific finance.
Clients have recently voted TLT first of all UK law firms in Legal Week's Client Satisfaction Report 2012. TLT has also been named National Firm of the Year at the Legal Business Awards 2013 acknowledging the firm's strategy and growth and was named Best Managed Firm and won Best Community Engagement at this year's Managing Partners' Forum Awards.