Vault.com, the source of ratings, rankings and insight for law students and lawyers, has released its Practice Area Rankings for 2012, examining how law firms rank in 25 practice areas ranging from Antitrust to Tax.
The 2012 Vault Law Rankings are based on the results of the annual Vault Law Firm Associate Survey, in which 16,000 associates participated this year. In order to determine the Vault Practice Area Rankings, associates were able to vote for up to three firms they consider strongest in their own practice area, but were not permitted to vote for their own firm. Vault's rankings indicate the top firms in each area, as well the total percentage of votes, offering associates a tool to aid in their career search.
"The law industry is not a one-size-fits-all industry, and for law students and laterals looking for the best match, Vault's practice area rankings provide another way to assess potential employers by understanding which firms excel in specific practice areas based on the perspectives of associates at peer law firms," said Mary Kate Sheridan, Vault.com Law Editor.
Top Ranked Firms in Corporate Categories and Representative "Buzz" From Associates at Peer Firms:
General Corporate Practice: Wachtell ("Brilliant; hard-working; would hire them if I ran a company")
M&A: Wachtell ("Still the king of M&A")
Private Equity: Simpson Thacher ("PE powerhouse")
Securities: Sullivan & Cromwell ("Hire very smart people")
Top Ranked Firms in Litigation Categories and Representative "Buzz" From Associates at Peer Firms:
General Commercial Litigation: Kirkland & Ellis ("Quietly great")
Antitrust Litigation: Skadden Arps ("The leader in all things")
Appellate Litigation: Gibson Dunn ("Top litigators")
Class Actions: Skadden Arps ("Powerhouse")
IP Litigation: Fish & Richardson ("IP warriors")
Labor & Employment Disputes: Morgan Lewis ("Strong labor & employment practice")
Products Liability: Skadden Arps ("Most impressed I have been with any firm")
Securities Litigation: Skadden Arps ("They were smart and professional at all times")
White Collar Defense/Internal Investigations: Williams & Connolly ("The best litigators in the country")
Top Ranked Firms in Other Categories and Representative "Buzz" From Associates at Peer Firms:
Antitrust (Tie): Arnold & Porter ("Outstanding, top-notch firm") / Cleary Gottlieb Steen & Hamilton ("Brilliant Associates")
Bankruptcy: Weil Gotshal ("Unmatched bankruptcy expertise")
Clean Tech: Baker Botts ("Smart attorneys")
Energy, Oil & Gas: Baker Botts ("Extremely strong energy practice")
Intellectual Property: Fish & Richardson ("Top-notch IP")
International: Freshfields Bruckhaus Deringer ("The cream of the 'Magic Circle' firms that operate in the US")
Labor & Employment: Morgan Lewis ("Top Mid-Atlantic firm")
Real Estate: Fried Frank ("Great real estate")
Tax: Skadden Arps ("Very prestigious")
Technology: Wilson Sonsini Goodrich & Rosati ("Still the king")
View the Complete Practice Area Rankings
Vault.com is the source of employer and education ratings, rankings and insight for highly credentialed, in-demand candidates. Vault's editorial mission is to empower candidates with unbiased research needed to evaluate the professions, industries and companies they aspire to join.
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