LAWFUEL – The Law Firm Newswire – Allen & Overy has ranked higher than any other international law firm in this year’s American Lawyer magazine Midlevel Associates Survey, dedicated to the U.S. legal market.
The firm jumped nearly 20 places compared to last year in the U.S. National tables, ranking 25 out of 164 firms surveyed, whilst in New York we climbed to an impressive seven out of 88 firms, again the highest ranking of any major international firm.
Associates rate their firms in such areas as their relationships with partners, the work they are given, training and mentoring, advancement opportunities, compensation and benefits, and the likelihood they will stay for two more years. In addition to the U.S. domestic market, the survey also encompasses the views of U.S. lawyers based in London, where Allen & Overy ranked 5th.
The rankings cap a highly successful year for Allen & Overy’s New York office, which grew by 22 percent, to 143 attorneys, with that number expected to rise further in the coming year.
No doubt contributing to associate satisfaction was the number of high-profile, multi-jurisdictional matters. Over the past 12 months the firm advised Tyco on its USD65 billion spin off; GE in connection with the USD3.8 billion sale of its silicones and quartz business; China’s Sinopec in its acquisition of Omimex de Colombia; and Banc of America Securities Limited in the second-ever covered bond issuance by a U.S. bank.
“We provide our associates at all levels with access to sophisticated, multi-jurisdictional work,” said Michael Feldberg , Co-Managing Partner of the New York office. “Couple this with opportunities abroad, and you have a firm very much committed to the individual career goals and workplace satisfaction of talented associates. We are happy that this commitment has been recognized in this year’s ALM survey