The capital markets team at this firm continues to be involved in complex, bespoke transactions, attracting new clients as well as maintaining excellent relationships with the likes of Barclays and JPMorgan. The London team has become increasingly involved in the winding-up of the Lehman estate, and it is regularly at the forefront of cutting-edge developments in the securitisation market. It has also been advising a number of hedge fund clients on credit default swap issues. Client Service "I like their approach - they are unstuffy and direct." KEY INDIVIDUALS Jacky Kelly is regarded as one of the leading capital markets lawyers in the City. "She is able to cut through what appears to be insurmountable problems with direct and incisive advice," comments one source.