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.
Corporate M&A lawyer
Listed international pharmaceutical company
We refer to IFLR1000 because it is an easy and reliable source of information on legal counsel.
We use the IFLR1000 where the Bank intends to transact abroad and requires local legal counsel with expertise on the transaction at hand.
Listed European Bank