Corporate Board Member magazine and global business advisory firm FTI Consulting, Inc. (NYSE: FCN) today announced the results of the 12 th annual America’s Best Corporate Law Firms study, a comprehensive ranking by U.S. corporate directors and general counsel of the top 25 national corporate law firms.
According to the 2012 study, New York’s Skadden, Arps, Slate, Meagher & Flom receives top ranking among corporate directors, a position it has held since the advent of the survey in 2001. New York-based Cravath, Swaine & Moore and Wachtell, Lipton, Rosen & Katz were next in line, respectively, followed by fourth placed Jones Day of Washington, D.C. The fifth and sixth place rankings are held by Sullivan & Cromwell and Weil, Gotshal & Manges, respectively, both of New York. Each of these top six firms appeared in one of the top six places among last year’s rankings as well.
Further down the list, many of the 2012 firms remain steadfast among the top firms in recent years. Los Angeles-based Latham & Watkins enjoys an elevated status, rising to eighth place from 15th. Additionally, several firms ranked in previous years reappear on the 2012 list: Arnold & Porter of Washington, D.C.; San Francisco-based Morrison & Foerster; and the New York firm White & Case.
“FTI Consulting is pleased to partner again with Corporate Board Member on this reputable industry study, which salutes the impressive achievements of the nation’s top-performing law firms,” said Neal Hochberg, Senior Managing Director and Global Leader of the FTI Consulting Forensic and Litigation Consulting practice. “Each of these distinguished firms, many of which continue to top this list year after year, has been recognized as an industry leader for strong corporate stewardship and commitment to providing outstanding client service. We applaud all of the firms that have been named in this year’s ranking, including Skadden, Arps, Slate, Meagher & Flom, which leads the pack for the 11th year in a row.”In a separate survey of corporate general counsel, Skadden, Arps, Slate, Meagher & Flom once again leads the top 25 rankings, followed by Wachtell, Lipton, Rosen & Katz and Cravath, Swaine & Moore in second and third places, respectively, all based in New York City, mirroring findings from the past two years. In addition, the Washington, D.C., firm of Jones Day leaped to the number five position from 12th place last year. The 2012 list also features several firms not listed last year, including K&L Gates (Pittsburgh); Arnold & Porter (Washington, D.C.); and Mayer Brown (Chicago).