Herbert Smith Freehills has been ranked as the law firm with the highest average value claim in commercial disputes in the High Court, according to new research from litigation analytics platform Solomonic.
The rankings, which cover the first six months of 2023, estimate the firm's average claim value as £157m, over £45m higher than the second-placed firm.
The new figures continue the trend of the past few years. In its Year in Review covering 2022, Solomonic ranked Herbert Smith Freehills as top by the same metric, with an average claim value of £424m.
Paul Lewis, Joint Managing Partner of the Global Disputes Practice at Herbert Smith Freehills, comments: "We are delighted to see this new data, which underline that clients continue to entrust us with providing legal representation in their most high value and complex commercial disputes."
Solomonic is a litigation intelligence and analytics platform dedicated to bringing structured data to the world of high-value legal disputes. Built in collaboration with litigation lawyers and funders, Solomonic aims to empower legal professionals by providing the necessary data to see trends, identify risk and improve the quality of litigation decisions and predictions.
Read the full Solomonic analysis here.