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I have a good level of confidence in the IFLR1000’s ratings. I use it for outsourcing and as to whether I should accept a legal opinion issued from a law firm in a country I am not familiar with.
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Legal counsel
Middle East-headquartered bank
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I refer to the IFLR1000 especially with respect to jurisdictions I have no knowledge about. The main reasons: to find a good firm or confirm standing of a firm recommended by someone else.
I usually use the IFLR1000 in connection with a need to engage a local counsel on an M&A deal.
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Corporate M&A lawyer
Listed international pharmaceutical company