Given the volatility that can occur during an election year,
coupled with the current concerns on global economies and an
ever-evolving regulatory climate, trusted outside legal counsel is
of utmost importance to today’s CEOs, boards and general counsel.
From industry-shaking technology advancements to the continued
presence of activist investors, the need for expert legal advice
and consulting has never been greater.
Within this political, regulatory and economic environment, NYSE
Governance Services and FTI Consulting Inc. (NYSE:FCN) today
announced the rankings of their 16th annual America’s Best
Corporate Law Firms. The study, a comprehensive ranking by U.S.
corporate directors and general counsel across the country, is
conducted by NYSE Governance Services, a leading provider of
corporate governance, risk, ethics, and compliance services for
public and privately held companies, and FTI Consulting, the global
business advisory firm dedicated to helping organizations protect
and enhance their enterprise value.
New York’s Skadden, Arps, Slate, Meagher & Flom LLP and
affiliates received the top ranking among corporate directors, a
position it has held since the first survey in 2001. Wachtell,
Lipton, Rosen & Katz also maintained its top ranking among
general counsel, a position it has held since 2013. Simpson Thacher
& Bartlett LLP (general counsel ranking: 4; director ranking:
5) jumped considerably from prior years’ rankings and several
previously unranked firms made new appearances on this year’s
lists.
America’s Best Corporate Law Firms reflects the views of nearly
700 participating directors and general counsel of publicly traded
companies. Conducted from December 2015 to April 2016, the survey
was part of NYSE Governance Services’ annual Law in the Boardroom
study, which asks directors and general counsel of U.S. publicly
traded companies to weigh in on current governance and legal
matters.
“We at FTI Consulting join the corporate directors and general
counsel who selected this year’s honorees in applauding each and
every one of the law firms recognized for the industry-leading
service they provide,” said Neal Hochberg, Global Leader of the
Forensic & Litigation Consulting segment of FTI Consulting.
“These firms have set an example with their dedication, commitment
and hard work in delivering the very best to their clients, and
they deserve our congratulations.”
“The advisory role and expertise provided by a company’s trusted
outside counsel is invaluable,” says Adam Sodowick, President of
NYSE Governance Services. “Each year, public company directors and
general counsel participate in our rankings because they feel
strongly about which firms have the highest caliber of legal advice
and consulting. We certainly offer our congratulations to all the
firms who appear on this year’s ranking.”
2016 National Law Firm Directors’
Rankings (with 2015 rankings
in parentheses)
1. Skadden, Arps, Slate, Meagher & Flom LLP and
affiliates (1) 2. Wachtell, Lipton, Rosen & Katz (3) 3.
Sullivan & Cromwell LLP (4) 4. Jones Day (2) 5. Simpson Thacher
& Bartlett LLP (18) 6. Gibson, Dunn & Crutcher LLP (8) 7.
Latham & Watkins LLP (6) 8. Sidley Austin LLP (14) 9. Shearman
& Sterling LLP (20) 10. Weil, Gotshal & Manges LLP (13) 11.
Baker & McKenzie (9) 12. Cravath, Swaine & Moore LLP (5)
13. Baker Botts L.L.P. (15) 14. Morgan, Lewis & Bockius LLP (-)
15. Ropes & Gray LLP (-) 16. Wilson Sonsini Goodrich &
Rosati (11) 17. Norton Rose Fulbright (-) 18. Cooley LLP (-) 19.
Goodwin Procter LLP (-)
TIE
20. McDermott Will & Emery (-) Reed Smith LLP (-) 22. Wilmer
Cutler Pickering Hale and Dorr LLP (-) 23. Vinson & Elkins LLP
(21) 24. Morrison & Foerster LLP (-) 25. Kirkland & Ellis
LLP (12)
Source: NYSE Governance Services/FTI Consulting, America’s Best
Corporate Law Firms, 2016
2016 National Law Firms General Counsel
Rankings (with 2015 rankings in parentheses)
1. Wachtell, Lipton, Rosen & Katz (1) 2. Skadden,
Arps, Slate, Meagher & Flom LLP and affiliates (5) 3. Latham
& Watkins LLP (2) 4. Simpson Thacher & Bartlett LLP (15) 5.
Gibson, Dunn & Crutcher LLP (8) 6. Sidley Austin LLP (6) 7.
Cravath, Swaine & Moore LLP (12) 8. Jones Day (3) 9. Sullivan
& Cromwell LLP (4) 10. Davis Polk & Wardwell LLP (7) 11.
Cleary Gottlieb Steen & Hamilton LLP (-) 12. Weil, Gotshal
& Manges LLP (18) 13. Morgan, Lewis & Bockius LLP (16) 14.
Covington & Burling LLP (11) 15. Wilson Sonsini Goodrich &
Rosati (14) 16. Kirkland & Ellis LLP (13) 17. Hogan Lovells US
LLP (-)
TIE
18. Reed Smith LLP (25T) Wilmer Cutler Pickering Hale and Dorr LLP
(-) 20. Baker & McKenzie (9) 21. K&L Gates LLP (-) 22.
Paul, Weiss, Rifkind, Wharton & Garrison LLP (-) 23. DLA Piper
(10) 24. Morrison & Foerster LLP (17) 25. Shearman &
Sterling LLP (-)
Source: NYSE Governance Services/FTI Consulting, America’s Best
Corporate Law Firms, 2016
About NYSE Governance Services
NYSE Governance Services is the leading governance, compliance,
and education solutions provider for companies and their boards of
directors. Through a complete set of technology-enabled and
data-driven solutions designed to address compliance,
accountability, and risk management, NYSE Governance Services helps
companies comprehensively build a culture of integrity from
employee to board level. NYSE Governance Services is a subsidiary
of the New York Stock Exchange Group, an Intercontinental Exchange
company (NYSE:ICE). For more information, connect with us at
nyse.com/governance, @nysegov or LinkedIn.
About NYSE Group
NYSE Group is a subsidiary of Intercontinental Exchange
(NYSE:ICE), a leading operator of global exchanges and clearing
houses, and a provider of data and listings services. NYSE Group
includes exchanges, market data and connectivity services. The
equity exchanges -- the New York Stock Exchange, NYSE MKT and NYSE
Arca -- trade more U.S. equity volume than any other exchange
group. NYSE is the premier global venue for capital raising,
leading worldwide in IPOs, including technology IPOs. NYSE Arca
Options and NYSE Amex Options are leading equity options
exchanges.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading
network of global futures and equity exchanges and provides world
class clearing, data, and listing services across many markets. The
New York Stock Exchange is the world leader in capital raising and
equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange,
Interactive Data, and Trayport. Information regarding additional
trademarks and intellectual property rights of Intercontinental
Exchange Inc. and/or its affiliates is located
at www.intercontinentalexchange.com/terms-of-use
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 – Statements in this press release regarding
ICE's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion
of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see ICE's Securities and Exchange Commission (SEC)
filings, including, but not limited to, the risk factors in ICE's
Annual Report on Form 10-K for the year ended December 31, 2015, as
filed with the SEC on February 4, 2016.
About FTI Consulting
FTI Consulting Inc. is a global business advisory firm
dedicated to helping organizations protect and enhance enterprise
value in an increasingly complex legal, regulatory, and economic
environment. With more than 4,600 employees located in 28
countries, FTI Consulting professionals work closely with
clients to anticipate, illuminate, and overcome complex business
challenges in areas such as investigations, litigation, mergers and
acquisitions, regulatory issues, reputation management, strategic
communications, and restructuring. The company generated $1.78
billion in revenues during fiscal year 2015. For more
information, visit www.fticonsulting.com and connect with us on
Twitter (@FTIConsulting), Facebook and LinkedIn.
SOURCE: Intercontinental Exchange
ICE-EQ
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Media Contacts:Brendan McManus,
NYSEmedia@theice.combrendan.mcmanus@nyse.com+1 212 656 2135orNicole
Madisonnicole.madison@fticonsulting.com+1 212 850 5647
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