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Most Highly Regarded Firms: Illinois 2006 - Commercial Litigation

Chicago enjoys a reputation for the robustness and professional excellence of its commercial litigation fraternity. Typically, the city’s mid- to large-sized firms have used commercial litigation practices as the bedrock of their operations, with healthy competition from numerous specialist boutiques.

Most Highly Regarded Firms: Illinois 2006 - Arbitration

Commercial arbitration is now established as a popular mechanism for dispute resolution in the United States. It is one of the first ports of call for a range of industries, and arbitration clauses are often written into contracts. This chapter identifies 25 practitioners in the state who are leaders in this field, without distinguishing between those who act as counsel or arbitrator, or those whose experience lies in domestic as opposed to international disputes. The list includes former judges and litigators, as well as lawyers that include commercial arbitration as part of their dispute resolution services.

Most Highly Regarded Firms: Illinois 2006 - Business Crime Defence

White-collar crime has a strong historical link with the state of Illinois. Edwin Sutherland, who earned his doctorate and worked as a research professor at the University of Chicago, coined the term; and from its roots in criminology, whitecollar criminal defence has become a thriving legal practice area. The Federal Bureau of Investigation has noted that with significant growth in the securities and commodities markets comes a marked rise in intentional corporate fraud and misconduct. In an appearance before the Senate Judiciary Committee in June 2006 an official from the Department of Justice’s criminal division confirmed that despite statistical drops in the level of business crime prosecutions, white-collar crime remains a priority for the Department of Justice and owing to the numerous high-profile cases of recent years, the market for legal advice in this area shows no signs of slowing down. It is therefore a dynamic area in which to work in Illinois.

Most Highly Regarded Firms: Illinois 2006 – Competition

Our research has uncovered a wealth of competition expertise within Illinois – 26 individuals from 14 firms.

Most Highly Regarded Firms: Illinois 2006 - Private Funds

From its inception a little over 40 years ago, the private funds industry has proved to be dynamic, characterised by rapid evolution and increasing sophistication. Convergent investment products are being developed to maximise profitability and offset risk in even the toughest economic climates.

Most Highly Regarded Firms: Illinois 2006 - Insolvency & Restructuring

Even in times of relative economic prosperity, companies will often need to call upon the expertise of their outside counsel in restructuring matters, and in some cases in bankruptcy proceedings. The following pages point out 19 outstanding lawyers, all leaders in their particular field, whether they are representing creditors, debtors or other related parties.

Most Highly Regarded Firms: Illinois 2006 - Banking

Illinois is home to a significant pool of regional and local banking institutions, supplying the city’s mid-sized and large law firms with the full range of regional and international transactions. In 2004, JPMorgan Chase acquired Bank One, the largest financial institution headquartered in Chicago and the sixth largest in the US, leading to fears that the newly formed mega-bank would relocate to New York, creating a vacuum in the local market for investment and small business lending. Yet Bank One Chase remained faithful to its Chicago roots, to some extent allaying concerns about overconsolidation in the industry.

Most Highly Regarded Firms: Illinois 2006 - Insurance & Reinsurance

Over the years, the insurance industry has played a significant role in shaping Chicago’s physical and economic landscape.

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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.

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