Posted Sep 28, 2007 06:52 pm CDT
In the corporate arena, one law firm clearly is the top of the list, a survey says: Skadden, Arps, Slate, Meagher & Flom.
There isn’t a category where Skadden isn’t a lead player,” Michael Rynowecer, president of BTI Consulting Group, tells Legal Times, in a story reprinted by New York Lawyer (reg. req.). “They are the only firm where they stand out in every part of the survey.”
But there are eight other power players in corporate transactional practice, according to the Wellesley, Mass.-based consultant. They are: Baker & McKenzie; Jones Day; Mayer Brown; McDermott Will & Emery; Sidley Austin; Simpson Thacher & Bartlett; Vinson & Elkins; and Wachtell, Lipton, Rosen & Katz.
None of them, the article notes, are based in the nation’s capital. “Washington firms aren’t a player yet in this market,” says Rynowecer. “Covington [& Burling] and WilmerHale are getting to the table. But they’re not getting the deals yet.”