Q3 League Tables: A Somewhat Milder Restructuring Picture

Q3 out-of-court activity, including downgrades, forbearances and restructurings, showed some improvement, but ‘demand destruction’ may be the new normal.

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Out-of-Court Law Firms for Creditors Power Rankings

Final Rankings- Ranked advisors to distressed companies experiencing financial restructuring ongoing or completed in the last rolling 12 months. In the event of at tie, the final ranking is determined by alphabetical order.

Gibson, Dunn & Crutcher LLP

Milbank LLP

Davis Polk & Wardwell LLP

Orrick, Herrington & Sutcliffe LLP

Akin, Gump, Strauss, Hauer & Feld LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP

White & Case LLP

Latham & Watkins LLP

Simpson Thacher & Bartlett LLP

Kirkland & Ellis LLP

Sullivan & Cromwell LLP

Linklaters LLP

Morgan, Lewis & Bockius LLP

Sidley Austin LLP

Vinson & Elkins LLP

Bracewell LLP

Kramer Levin Naftalis & Frankel LLP

Morrison & Foerster LLP

Schulte Roth & Zabel LLP

Wachtell, Lipton, Rosen & Katz

Weil, Gotshal & Manges LLP

Willkie Farr & Gallagher LLP

Arthur Cox

Barack Ferrazzano Kirschbaum & Nagelberg LLP

Bennett Jones LLP

Brown Rudnick LLP

Bruchou, Fernandez Madero & Lombardi

Burnet, Duckworth & Palmer LLP

Cadwalader, Wickersham & Taft LLP

Cleary Gottlieb Steen & Hamilton LLP

Cole Schotz PC

De Pardieu Brocas Maffei

Goodmans LLP

Greenberg Traurig LLP

Haynes and Boone LLP

Holland & Knight LLP

Hughes Hubbard & Reed LLP

Hunton Andrews Kurth LLP

Jones Day

King & Spalding LLP

Molinari e Associati

O’Melveny & Myers LLP

Osler, Hoskin & Harcourt LLP

Pachulski Stang Ziehl & Jones LLP

Ropes & Gray LLP

Shearman & Sterling LLP

Shipman & Goodwin LLP

Skadden, Arps, Slate, Meagher & Flom LLP

Stikeman Elliott LLP

Stroock & Stroock & Lavan LLP

Watson Farley & Williams LLP