Skadden again ranked first among law firms — for the 18th consecutive year (and in 25 of 27 years) — in handling the greatest number of the largest M&A transactions in The American Lawyer's annual "Corporate Scorecard" (April 2010). Additionally, the firm ranked first for total value of equities offerings. Among other highlights, we also received high marks in Corporate Restructuring and are cited for working on CIT (the year's largest bankruptcy emergence) and for advising on huge federal investments in the banking sector.
Our 30 top-10 rankings include M&A (Principals and Investment Advisers), Bankruptcy, Private Equity, IPOs (Issuer's Counsel and Underwriter's Counsel), Equities (Issuer's Counsel), High-Yield Debt (Issuer's Counsel and Underwriter's Counsel), Investment-Grade Debt (Issuer's Counsel and Underwriter's Counsel), Asset-Backed Securities (Underwriter's Counsel), REIT Debt (Issuer's Counsel and Underwriter's Counsel), REIT Equities (Issuer's Counsel and Underwriter's Counsel) and Project Finance — more than any other firm.
Jack Butler, co-head of Skadden's Corporate Restructuring practice, is featured in the lead story naming the Dealmakers of the Year (and appears on the issue's cover) and is recognized for his work on Delphi Corp., which emerged from Chapter 11 bankruptcy in 2009 after a four-year reorganization process. Jack and Corporate Restructuring practice co-head Jay Goffman were named among "The Decade's Most Influential Lawyers" by The National Law Journal on March 29.