Contact Information: Contact: Kimberly Brooks King & Spalding 212-827-4378
King & Spalding Is Nation's Top Corporate Governance Law Firm According to New Survey by Directors & Boards Magazine
| Source: King & Spalding
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 www.kslaw.com.