Chambers & Partners HNW 2019 - Firmwide rankings
Today, 12 July 2019, Chambers & Partners High Net Worth (HNW) has published its rankings for 2019.
We are pleased to announce our excellent results. Also in 2019 Loyens & Loeff maintains its leading position as an integrated legal and tax law firm within the Private Wealth Law category.
In The Netherlands and Luxembourg we have been ranked in Band 1 and in Belgium in Band 2 within the Private Wealth Law category. We are pleased with this overall success and are confident that our newest office (Zurich) will, in the future, also show in these rankings.
What clients and peers say about us
Loyens & Loeff remains a respected provider of private wealth advice in the Netherlands. "That is definitely who we'd go to in the Netherlands," states an international interviewee, adding: "They are market leaders in the Netherlands, with a strong tax pedigree." The team advises individuals, families and family-owned enterprises on succession planning, charitable planning and tax matters, including international tax plans.
Sources praise the quality of the team. "They are engaging and easy to work with and we get the job done. It's pretty seamless stuff," says a commentator, who adds that "they have extremely useful contacts." Another source highlights the team's "competence and experience."
Loyens & Loeff's family-owned business and private wealth team advises high net worth individuals and families, and their family offices, on tax and estate planning and asset holding vehicles, including trusts and foundations. A commentator praises the team's "knowledge of tendencies and changes in tax legislation," as well as their client communication.
Sources praise the quality of the team. One interviewee highlights among its strengths "a very comprehensive understanding of the law" and "an ability to work collaboratively." Commentators also say that "they are very professional" and that "they provide a fast, efficient and reliable service."
Loyens & Loeff is a major Benelux firm, and often works as co-counsel on Luxembourg investment structuring for ultra high net worth individuals. One international lawyer says Loyens is "known for having the broadest scope and speciality in HNWIs," and another notes that "they have a very good team and are very strong in the Benelux market, so it's always safe to use them."
Clients also praise the firm's work on private wealth matters. "It's a very good team," says one; "they have good experience and they are skilled in the field that we are concerned about." Another client adds: "They have done incredible work in terms of advising on the best structures, the documents, and analysing on the tax side. It's fantastic work and we're very, very pleased to work with them; they provide an outstanding service. They work on very difficult matters and provide impeccable service."
Guido Derckx is well renowned for his tax work, with one commentator saying that "he's very high level for tax." A peer enthuses: "He is an all-round type of guy and he advises at a high level. He has in-depth knowledge and has a good overview of what happens in a number of tax situations." Another interviewee adds that Derckx is "outstanding in his field."
Pieter Van Onzenoort is a well-known notary who has an extensive practice advising high net worth clients on estate planning and business planning. "He has a very good reputation in the market from the notarial side, but he can also look at the bigger picture," states a Dutch commentator. Another local source describes Van Onzenoort as "a great notary in the high net worth individual field."
Saskia Lust co-leads the firm's family-owned business and private wealth practice group in Belgium. She advises high net worth clients on a range of domestic and international wealth planning matters, including inheritance planning and migration. "She is well versed in the law, listens attentively and is pragmatic," says an interviewee. Another source notes that "her technical skills are excellent and she is extremely thorough." A peer adds that Lust is "known for her cross-border work with the Netherlands."
Peter Adriaansen divides his time between Loyens' Luxembourg and Amsterdam offices. His practice is predominantly funds and tax-based, but he often works with high net worth families on investment structuring. An interviewee praises Adriaansen's ability to manage tight timescales, and also his open-mindedness and willingness to consider client perspectives.
Thibaut Partsch handles investment management and funds work, with an emphasis on private clients. He is particularly praised for work involving Luxembourg foundations. A client reports that Partsch "helped a lot with other examples where the firm had worked on foundations in the past," adding: "They provided us with very good examples that really helped us do better work." This source also says: "When the first draft came, it came 95% ready; that to me was very good."
Jochem van der Wal often works on cross-border matters involving Spain and Portugal. An international lawyer praises van der Wal's responsiveness and describes him as "very capable technically." A client says: "He's the one we turn to when we want strategy. It's very easy - he's very busy of course, as all partners are, but he finds time to have meetings with us and he is not afraid to give an opinion on what will be the trend in Luxembourg."
For further information about our rankings and the editorial, we refer to the Chambers & Partners' website.