Published:
Kirkland, Jones Day, Sidley, Foley & Lardner Top BTI Power Elite 2008
WELLESLEY, Mass., July 23 /PRNewswire/ -- The BTI Consulting Group's
brand-new research with more than 400 corporate counsel at large and Fortune
1000 companies reveals just 13 law firms boast the strongest market position
based on client relationships. Kirkland tops this year's list of The BTI Power
Elite, a select group of law firms outperforming competitors in building
powerful primary relationships, winning client recommendations and positioning
themselves as the go-to firm. Jones Day lands at number 2 in The BTI Power
Elite, followed closely by Sidley Austin (3), Foley & Lardner (4) and Skadden
(5).
BTI's exclusive rankings rely solely on objective, independent, unprompted
client feedback to delineate the market position of more than 350 law firms.
Kirkland exceeds client expectations more than any other firm. Jones Day
boasts the most unprompted recommendations.
"More than 47% of clients have replaced a primary law firm in the past 18
months. These same clients are pressing law firms for more value," explains
Michael B. Rynowecer, BTI's President. Rynowecer also notes that the number of
BTI Power Elite law firms is down by 35% -- suggesting the best are improving
their performance at the expense of other law firms. Rynowecer goes on to
congratulate the 7 law firms that return to The BTI Power Elite for the 4th
year in a row. "These 7 law firms show staying power in a tough new world of
cost pressure and reduced legal spending" he continues.
BTI's unprecedented analysis, featured in its new publication, BTI Power
Rankings: The BTI Client Relationship Scorecard 2008, reveals how clients rate
over 350 law firms on the 6 key dimensions of client relationships. BTI's
report also unveils The BTI Power Elite 2008 -- the 13 law firms with the
strongest market position.
BTI Power Rankings: The BTI Client Relationship Scorecard 2008, including
a complete list of law firms that Fortune 1000 clients rely on as primary and
the firms that are recommended, is available for purchase at BTI's website
www.bticonsulting.com or by calling (617) 439-0333. BTI is the leader in
providing high-impact strategic market research to law firms and the buyers
and sellers of professional services.
SOURCE BTI Consulting Group
Copyright © 2009, PRNewswire
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Copyright © 2009, NewsBlaze,
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