Increasing SEC enforcement, activist investors and increased institutional scrutiny provide the impetus for a steady stream of Securities and Finance Litigation. However, the stream of new work is offset by earlier settlements which result in less legal fees being paid. The net effect is client spending on Securities Litigation dropped to $1.44B in 2016 from $1.66B in 2015.
Ensuring deep and continuing knowledge of a client’s risk tolerance and culture will keep your firm well-placed to win this work when an issue rockets to the forefront.
We congratulate the following firms named by corporate counsel and legal decision makers for Securities and Finance Litigation in the just-released BTI Litigation Outlook 2017.
Powerhouse Law Firms:
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Dentons
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Jones Day
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Kirkland & Ellis
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Latham & Watkins
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Skadden
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Sullivan & Cromwell
Standout Law Firms:
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Baker & McKenzie
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BakerHostetler
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Cadwalader, Wickersham & Taft
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Cravath, Swaine & Moore
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Davis Polk & Wardwell
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Fried, Frank, Harris, Shriver & Jacobson
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K&L Gates
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Morgan Lewis
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Norton Rose Fulbright
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Pillsbury Winthrop Shaw Pittman
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Wachtell, Lipton, Rosen & Katz
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Weil, Gotshal & Manges