O'Melveny Climbs Law Firm Survey By Corporate Board MemberMay 20, 2009
For Immediate Release
O'Melveny & Myers LLP
O'Melveny & Myers LLP
LOS ANGELES, CA - O’Melveny & Myers LLP was rated one of the best corporate law firms in the country for 2009 by Corporate Board Member Magazine, climbing seven places from last year to twelve. Corporate Board Member, a leading publication for senior officers and directors of publicly traded corporations, large private companies, and Global 1000 firms, recently completed its ninth annual Legal Industry Research Study, surveying more than 6,400 directors and general counsel of publicly traded companies listed with the NASDAQ Stock Market, New York Stock Exchange, and American Stock Exchange.
“It is gratifying to be recognized by corporate board members as one of the leading law firms in the country,” said Arthur B. Culvahouse Jr., Chair of O’Melveny & Myers LLP. “While this has been a challenging year for most law firms, this recognition is a further testament to the breadth and depth of talented lawyers we have at the Firm and serves as an example of how our core values of uncompromising excellence, distinctive leadership, and superior citizenship resonate in the service we provide to our clients.”
On May 21, Corporate Board Member and FTI Consulting will host the second annual Legal Recognition Dinner at the NASDAQ MarketSite in New York, honoring five distinguished general counsel and the top 20 national corporate law firms as identified by board members and general counsel in the 2009 survey.
“We’ve seen respected legal firms close their doors and layoffs of seasoned lawyers in what seems like unprecedented times for corporate law firms,” says TK Kerstetter, president and CEO of Corporate Board Member. “At the same time, those firms that have adapted to handle down-cycle issues and company restructurings are flourishing, while traditional corporate areas remain somewhat stagnant. Obviously, the strong and smart will survive and, I predict, do rather well in 2010.”
About O’Melveny & Myers LLP
With more than 1,000 lawyers in 14 offices worldwide, O’Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com.
About the Survey
In early 2009, Corporate Board Member surveyed over 6,300 general counsel and directors serving on boards of publicly traded companies listed with the NASDAQ and NYSE Amex. The study consisted of 27 different questionnaires created for directors and general counsel, 25 of which were individually tailored for general counsel residing within one of the 25 largest U.S. metropolitan statistical areas (MSAs). Another survey was created for general counsel who do not live within the 25 largest US MSAs. A final survey was created for directors only and focused specifically on national law firms. To be included in the MSA list, each firm had to practice business, corporate, or commercial law and had to be one of the 10 largest firms in its area by number of attorneys practicing at that location. Corporate Board Member compiled the lists of local firms using Martindale-Hubbell’s Law Directory. The top law firm in each MSA is listed in the magazine based on the number of votes received.
About Corporate Board Member
Corporate Board Member is the leading information resource for senior officers and directors of publicly traded corporations, large private companies, and Global 1000 firms. The quarterly publication provides readers with decision-making tools to deal with the corporate governance challenges confronting their boards. Corporate Board Member further extends its governance leadership through an online resource center, conferences, director training programs, roundtables, and timely research. The magazine maintains the most comprehensive, up-to-date database of directors and officers serving on boards of publicly traded companies listed with the NYSE Euronext, The NASDAQ OMX Group, and NYSE Amex stock exchanges. Headquartered in Nashville, Tennessee with editorial offices in New York, Corporate Board Member is published by Board Member Inc. and is the sister publication of Bank Director magazine, the leading information resource for officers and directors of financial institutions. For more information, visit www.boardmember.com.