Addleshaw Goddard is ‘quick to respond, focuses on the aims of the client and finds positive solutions to obtain that aim, rather than a robotic, generic legal service’. The firm is known for its strength in real estate finance, particularly securitisation, but its structured finance expertise extends to ISDA and EMIR issues, bespoke hedging transactions, netting matters, and securitised derivatives. Lead partner Rachel Kelly is ‘considered in her approach and listens to clients requirements not trying to fit into a box’. Kelly and Carl Posern acted for Virgin Money and other borrowers in the update of loans and derivatives to new post-LIBOR reference rates. Legal directors Paul Denham, who is a buy-side derivatives specialist and is ‘at the top of his game and understands future potential challenges’, and the ‘very diligent and reliable’ Carl Baker also play central roles in the practice.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Friendly approach for non-expert audiences.'
  • ‘Sophisticated legal advisors in complex financial products, extending to market-leading and innovative crypto/blockchain-based structures.’

  • ‘Rachel Kelly is a standout advisor in the structured finance space who has carved out experience in the crypto/blockchain/fintech sectors, advising on market-leading structures.’

  • 'The team is quick to respond, focuses on the aims of the client and finds positive solutions to obtain that aim, rather than a robotic, generic legal service. The team is flexible, uses previous experience and knowledge of our firm to provide context to legal solutions and has become a trusted partner for our business.'

  • 'The firm recently added Paul Denham to their derivatives practice which has been a very welcome addition. Paul has always been at the top of his game, understands future potential challenges and makes sure he is available at all times. We find that the firm sees us a long-term partner and our relationship is that of a true partnership, rather than a pure transactional service relationship.'

  • 'Paul Denham is our key contact and the reason we moved our work to the firm - he is expert in ISDAs and derivatives work and is very user-friendly.'

  • 'Engaging and personable, the team take the time to understand your needs and position their advice accordingly.'

  • ‘Well experienced and well organized.’

  • ‘Carl Baker is a very diligent and reliable lawyer.’

Work highlights

  • Acted as lead counsel to Virgin Money to provide an innovative automated solution, transitioning hundreds of its customers to RFRs.

Lawyers

Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Paul Denham
Addleshaw Goddard

Practice head

The lawyer(s) leading their teams.

Rachel Kelly

Other key lawyers

Carl Baker, Carl Posern, Paul Denham