| CORPORATE COUNSEL RELEASES 2010 “WHO REPRESENTS AMERICA’S BIGGEST COMPANIES” RANKINGS
Latest Outside Counsel Survey Reveals That The Recession Has Led To Closer Client/ Law Firm Relationships, As Well As Cutbacks
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NEW YORK (August 19th, 2010) –Corporate Counsel, the nation’s leading publication for general counsel and in-house attorneys, today released the results of its 2010 “Who Represents America’s Biggest Companies” survey of outside counsel. Cleary Gottlieb topped this year’s Corporate rankings, while Bryan Cave led the list for Torts Litigation. In its cover story, Corporate Counsel reports that the recession has not just led to cutbacks in outside legal services and a push for alternative fee arrangements; company GCs and their law firms say it’s also spurred them to develop closer relationships. Complete survey results are available in the September issue of Corporate Counsel and on the Web at www.corpcounsel.com.
Other category leaders in the survey included Alston & Bird (IP Litigation), Baker Botts (Patent Prosecution), Greenberg Traurig (Contracts Litigation) and Morgan Lewis (Labor Litigation.)
In the cover story, “Getting To Know You,” Teri McClure, general counsel for United Parcel Service, Inc., says, “We invest a lot of time and energy into the relationship [with our outside counsel], and very much view it as a partnership. There’s a much more collaborative approach now, and it has required more communication, more dialogue, and much more openness.”
“This survey gave us an opportunity to delve into the most important relationship for our readers,” added Anthony Paonita, editor in chief of Corporate Counsel. “We found that the economic crisis, while altering the balance between outside and in-house counsel, has actually drawn them closer. Call it looking at a glass half-full, but it will probably outlast today’s business difficulties.”
As part of its outside counsel coverage, Corporate Counsel also profiles two of the boutiques that have earned a coveted spot on Microsoft’s roster of regular outside counsel: San Francisco–based Vierra Magen Marcus & Deniro, which has taken on a growing slice of
Microsoft’s cutting-edge patent work; and Washington, D.C.–based Wiltshire & Grannis, the company’s go-to firm for telecom-related regulatory matters.
To determine which law firms represent America’s largest corporations, Corporate Counsel searched public records to find outside counsel used by the Fortune 100 for corporate, contracts litigation, labor litigation, torts litigation, and intellectual property. Sources include ALM Legal Intelligence, Thomson Reuters, PACER and the Patent and Trademark Office Web site. The time period from January 1, 2009, to December 31, 2009, was used for all research.
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