Every Fortune 100 Company Returned Its Survey in US News Effort to Rank Law Firms
U.S. News & World Report is reporting 100 percent participation from the Fortune 100 in the magazine’s effort to rank best law firms.
The response rate was high—but not quite as high—among the Fortune 1000; 587 of the top 1,000 companies returned their surveys, according to the U.S. News blog Morse Code. They are among 9,514 clients who returned surveys asking them to rate law firms in areas such as expertise, cost-effectiveness and responsiveness.
The magazine, in a joint project with Best Lawyers, is ranking best law firms and best law firms to work for. The results will be released on the U.S. News website in mid-September and in the October issue of the magazine.
Because firms were often separated by small differences, they will be grouped by tiers rather than ranked sequentially, according to a press release.
The survey was also sent to lawyers, including every lawyer listed in Best Lawyers; law firm marketing and recruiting officers; law firms without recruiting and marketing officer contacts; and associates and summer associates.
“Client and lawyer surveys collected mostly reputational data,” according to the press release. “Using a scale of 1 (weakest) to 5 (strongest), clients voted on expertise, responsiveness, understanding of a business and its needs, cost-effectiveness, civility, and whether they would refer another client to a firm. Lawyers voted on expertise, responsiveness, integrity, cost-effectiveness, and whether they would refer a matter to a firm and whether they consider a firm a worthy competitor.”