Awards and rankings

Our firm has been consistently recommended in the Legal 500 rankings in recent years for its investment fund practice. In 2022, Chevalier & Sciales was cited among the top Luxembourg law firms for investment funds for the 15th consecutive year.

The latest Legal 500 citation described our investment fund team as follows:

'The investment management sector is the principal driver of boutique business law firm Chevalier & Sciales and accounts for the majority of work it handles in an advisory, transaction and litigation setting. As well as helping establish and operate funds administering traditional asset classes, the team has also successfully developed a strong offering in emerging classes, including as it relates to digital assets. Founding partner Olivier Sciales has ‘the ability to translate “law-speak” into clear common language’ and regularly advises Luxembourg and foreign sponsors on the structuring of alternative investment funds. Cécile Rechstein co-heads the team alongside Sciales.'

Testimonials

‘Direct engagement with the partners. Specialised in setting up investment funds in Luxembourg.’
‘The team provides impressive responsiveness and an outstanding expertise in relation to investment fund matters.’
‘The team is friendly, (not arrogant at all) and very open to work for new business opportunity, especially in the world of crypto/blockchain.’
‘It is a human scale firm where you are not considered as a small client.’
‘Olivier Sciales has the ability to translate “law-speak” into clear common language.’

In the annual Ranking of the Top Law Firms in Luxembourg compiled by French business publisher and rating agency Leaders League, Chevalier & Sciales has been recommended in the following areas:

Excellent

• 2024 Private Equity
• 2024 Private Equity - Fund structuring

Highly recommended

• 2024 Mergers & Acquisitions - Corporate / M&A
• 2024 Restructuring & Insolvency
• 2024 Tax law - Corporate tax
• 2024 Tax law - Tax litigation
• 2023 Dispute resolution - Commercial litigation
• 2023 Dispute resolution - International arbitration

Recommended

• 2024 Banking & finance

Olivier Sciales has been recommended in the WWL’s Private Funds - Formation 2023 edition.

WWL Private Funds provides an in-depth focus on the international private funds legal market, and identifies the foremost practitioners around the world including fund formation specialists and regulatory experts who advise and assist clients in relation to alternative asset classes such as private equity, venture capital and hedge funds.

Chevalier & Sciales has been ranked in the top quintile for client retention among Luxembourg fund service providers. The latest affinity rankings from Monterey Insights and Paperjam shows that our firm has been recognized in the 1st quintile for client retention among Luxembourg fund service providers between 31 December 2019 and 31 December 2023.

Monterey Insight’s comprehensive analysis evaluated Luxembourg’s fund service providers, including legal advisors, administrators, custodians, management companies (mancos), and transfer agents, focusing on “affinity” or client retention rates. The research specifically examined how frequently investment fund firms change service providers (e.g., legal advisors, custodians).

According to the article of Paperjam, ‘There are many factors which impact affinity, but this quantitative analysis attempts to provide some insight into which service providers perform the best—defined as retaining more funds—and those that fare less well.’

We are grateful for our clients’ trust, which has helped us achieve recognition in the legal advisory category.