The Bond Buyer
April.14.2013
This article, which recognizes Orrick for retaining its position as the top ranked bond counsel, quotes public finance partner Roger Davis.
According to the article, no firm came close to Orrick, which worked on 79 issues worth $9.7 billion this year. About $8.8 billion of that total were negotiated deals, the largest amount in the category.
"We're very proud that so many public entities, and so many of them repeatedly, choose us as their bond counsel," said Davis, chair of the public finance group. "We think that reflects the quality and responsiveness of our legal services."
Orrick had a 12% market share for the quarter -- nearly twice the amount of the 6.2% market share of runner-up Squire Sanders.
"We work across every type of bond issue and across a broad geographic span as well, so there's quite a lot of diversity, and that contributes to the consistency of our ranking," Davis said.