Herbert Smith Freehills has been ranked in 17 categories in the United Kingdom in the 2023 edition of IFLR1000, a guide to the world's leading financial and corporate law firms and lawyers. Four of these rankings were Tier 1. 

The rankings are the result of extensive research by IFLR1000 into recent transactional work and feedback from a wide range of corporate and in-house professionals, as well as peers in the legal market. 

Additionally, 59 Herbert Smith Freehills lawyers have been recognised as Market Leaders, Highly Regarded, Women Leaders, Rising Stars or Notable Practitioners.

Tier 1:

Financial services regulatory: Contentious
Project development: Energy
Project development: Infrastructure
Retail funds

Tier 2:

Bank lending: Borrower side
Bank lending: Lender side
Project Finance
Capital markets: Debt
Capital markets: Structured finance and securitisation 
M&A

Tier 3:

Restructuring and insolvency
Capital markets: Equity
Financial services regulatory: Non-contentious
Real estate funds

Tier 4:

Private equity

Notable:

Bank lending: Sponsor side
Derivatives 

More details on the rankings can be found here.