NEW YORK, NY--(Marketwire - September 24, 2007) - King & Spalding, a leading international law firm, is the nation's best law firm in dealing with general corporate governance issues according to a new survey released by Directors & Boards magazine. The results of the first annual Top Corporate Governance Law Firms Survey were based on the responses of 420 directors/board members to a reader questionnaire issued this past July.

Three primary categories of director-level legal concerns were polled: Best in dealing with general corporate governance issues; best in dealing with director liability issues; and best in dealing with board-level M&A issues. In addition to its first-place position in corporate governance, King & Spalding earned top rankings in the two other categories. The firm placed No. 2 in director liability and No. 3 in board-level M&A.

"King & Spalding is proud that corporate board members and advisers, chairmen, CEOs, and other senior management identified us as a firm they trust for a wide range of corporate governance matters," said C. William Baxley, a partner and co-head of mergers and acquisitions in King & Spalding's corporate practice. "The ranking acknowledges the firm's breadth and depth of experience, along with our reputation for superb client service."

Boards & Directors publishing director, David Shaw, said: "We did not provide a list of firms from which to choose, but rather asked survey respondents to fill in up to three law firms in each category." This unaided response is more valuable and more real, in our opinion. Additionally, we masked out responses from non-directors or company executives to ensure that only board members and senior management opinions were included out of the total 420 respondents to the survey."

Since the enactment of the Sarbanes-Oxley Act in July 2002, King & Spalding has been deeply involved in helping its clients to evaluate and implement the new legislation and complex regulations adopted by the SEC, stock exchanges and accounting profession. Through a specially created "task force" of partners from a wide range of practice areas, including corporate, securities, tax, compensation and benefits, employment law, and litigation, King & Spalding advises public companies, directors, board committees and management on a broad array of governance issues.

Full details of the survey results, including complete demographic profiles of the respondents (average company revenues, board size, respondents' age, etc.) and director preferences related to general and outside counsel, personal liability, and desired law firm attributes, will be published next week in Directors & Boards Boardroom Briefing: The Legal Issue.

About King & Spalding

King & Spalding is an international law firm with more than 800 lawyers in Atlanta, Charlotte, Dubai, Frankfurt, Houston, London, New York, Riyadh (affiliated office) and Washington, D.C. The firm represents half of the Fortune 100 and in a Corporate Counsel survey in September 2007 was among the top firms representing Fortune 250 companies. For additional information, visit

Contact Information: Contact: Kimberly Brooks King & Spalding 212-827-4378