The firm, all of our practice groups and many of our individual lawyers are routinely ranked among the small handful of leaders across the variety of league tables that track the profession. Following is a sample of the recent rankings and honors that we have received:

• Davis Polk was named the most innovative law firm in the United States in the 2011 Financial Times “U.S. Innovative Lawyers” special report.
  
  
• Davis Polk was lead counsel on nine transactions that were named 2010 “Deals of the Year” by International Financing Review.
  
  
• Davis Polk has consistently ranked among the leading U.S. law firms in a Corporate Counsel survey in which Fortune 250 law departments were asked to name the firms they rely on most in corporate transactions.
  
  
• Nearly two-thirds of our partners were listed as “Leaders in Their Field” in either Chambers Global 2011 or Chambers USA 2011.
  
  
• Davis Polk ranked 2^nd for its innovation in post-financial crisis work in the 2010 Financial Times “U.S. Innovative Lawyers” special report.
  
  
• Davis Polk routinely ranks among the top firms in The American Lawyer’s “A-List” rankings of U.S. law firms, which ranks firms based upon their revenue per lawyer, pro bono activities, associate satisfaction and lawyer diversity.

Antitrust			1st tier among New York law firms in antitrust matters (Chambers USA 2011)
Capital Markets			According to Bloomberg's 1Q 2011 league tables, we ranked 1st in 12 Global and U.S. categories (no other firm placed 1st in more than seven categories). Our rankings include: 1st in Global Equity/Equity-Related/Rights Offerings Manager Advisers 1st in U.S. IPO Manager Advisers 1st in U.S. Equity-Linked Manager Advisers 1st in U.S. Corporate Debt Issuer and Manager Advisers 1st in U.S. Investment-Grade Debt Offerings Manager Advisers 1st in U.S. High-Yield Corporate Debt Issuer Advisers   Davis Polk was named "Derivatives Law Firm of the Year" by Risk magazine as part of its 2011 Risk Awards. Named "Securities/Capital Markets Law Firm of the Year" by U.S. News/Best Lawyers in its 2011 Best Law Firms rankings
Credit			"Banking and Finance Law Firm of the Year in New York" (Corporate INTL, January 2011) 1st tier in banking transactions (Chambers USA 2010 and Legal 500 U.S. 2010) 1st tier in project finance, according to the U.S. News and World Report Best Law Firms Rankings for 2010 2nd in overall volume in credit M&A transactions in 1Q 2011 (Reuters LPC Loan Connector) 2nd as lender's counsel in credit M&A transactions in 1Q 2011 (Reuters LPC Loan Connector)
Environmental			1st tier among New York law firms in environmental matters (Chambers USA 2011)
Executive Compensation / Employee Benefits			1st tier among New York law firms in employee benefits and executive compensation matters (Chambers USA 2011)
Financial Institutions			1st tier in Financial Services Regulation: Banking (Compliance) (Chambers USA 2011) 1st tier in Financial Services Regulation: Financial Institutions M&A (Chambers USA 2011) Davis Polk was named "Derivatives Law Firm of the Year" by Risk magazine as part of its 2011 Risk Awards.
Insolvency and Restructuring			Davis Polk ranked in the 1st tier in Insolvency and Restructuring in Chambers USA 2011. Davis Polk was named "Global Insolvency Advisory Firm of the Year" by Corporate INTL 2010.
Investment Management			Davis Polk ranked among the top law firms nationwide in various investment fund and management categories, including private equity funds and hedge funds (Chambers USA 2011, IFLR1000 2011 and Legal 500 U.S. 2010). Davis Polk ranked among the top law firms nationwide in Private Equity: Fund Formation (Chambers USA 2011).
Litigation			1st tier among elite New York law firms in General Commercial Litigation (Chambers USA 2011) 1st tier among law firms in Shareholder Litigation (Legal 500 U.S. 2011) 1st tier among law firms in White Collar Crime and Government Investigations (Legal 500 U.S. 2011) 1st tier among New York law firms in White Collar Crime and Government Investigations (Chambers USA 2011)
M&A			1st in worldwide M&A transactions completed and 2nd in worldwide M&A transactions announced in the first quarter of 2011 (Thomson Reuters) 1st in any U.S. involvement M&A transactions completed and 2nd in any U.S. involvement M&A transactions announced in the first quarter of 2011 (Thomson Reuters) Ranked in the 1st tier among U.S. law firms advising on M&A transactions by Chambers USA 2010, IFLR1000 2011 and Legal 500 U.S. 2010 Named "M&A Team of the Year" at the International FInancial Law Review's 2010 Americas Awards
Private Equity			Davis Polk ranked among the leading law firms in global private equity announced transactions in 2010 (Bloomberg).
Tax			Davis Polk ranked in the 1st tier among law firms in tax matters, according to Chambers USA 2011.  Named "Tax Law Firm of the Year" by U.S. News/Best Lawyers in its 2011 Best Law Firms rankings.
Asia			Davis Polk's rankings in Chambers Asia 2011 include: Asia-Pacific Region 1st tier in Capital Markets: Debt 1st tier in Capital Markets: Equity 1st tier in Capital Markets: High-Yield Products 1st tier in Corporate/M&A China 1st tier in Capital Markets: U.S. Law (International Firms) 1st tier in Capital Markets: U.S. Law: High-Yield (International Firms) Japan 1st tier in Capital Markets: International: U.S. Law Singapore 1st tier in Corporate/M&A: Lawyers Based Abroad    Named 2010 “Private Equity Law Firm of the Year” by Corporate INTL China Business Law Journal. Awarded “Deal of the Year” by Corporate INTL China Business Law Journal 2010 for advising Sunac China Holdings on its HK$2.6 billion IPO. Awarded Asian Legal Business’s 2010 Asia Awards for “Equity Market Deal of the Year” in connection with advising China Merchants Bank on its $3.2 billion global rights offering and “Taiwan Deal of the Year” in connection with advising on the KGI Securities GDS offering and Taishin acquisition. In 2010, Davis Polk won both Asian Legal Business’s China “Equity Market Deal of the Year” and Corporate INTL China Business Law Journal’s “Deal of the Year” in connection with advising Agricultural Bank of China (ABC) on its $22 billion global IPO. Named “International Deal Firm of the Year” at the 2011 Asian Legal Business Japan Law Awards. Awarded Asian Legal Business’s 2011 Japan “M&A Deal of the Year” in connection with our representation of Morgan Stanley in its joint venture with Mitsubishi UFJ Financial Group that integrated their securities operations in Japan. Awarded both Asian Legal Business’s 2011 “Japan Deal of the Year” and “Structured Finance Deal of the Year” in connection with advising Aiful Corporation on its consensual debt restructuring and CDS auction. Awarded Asian Legal Business’s 2011 Westlaw Japan Award for “TMT Deal of the Year” in connection with advising Symantec on its $1.28 billion acquisition of Verisign’s authentication and identity security business.  Awarded IFLR’s 2011 Asia Awards “M&A Deal of the Year” in connection with advising Nippon Mining on its business integration with Nippon Oil. The firm was also awarded “Most Innovative U.S. Law Firm in Asia.” Awarded the 2010 IFLR/Asialaw India “International Private Equity Team of the Year” award. Awarded Asian Legal Business’s 2011 Southeast Asia Awards “Debt Market Deal of the Year” in connection with advising ICICI Bank on its US$1 billion bond offering. Named Capital Markets "International Team of the Year" at the 2011 China Law & Practice Awards Awarded “Equity Deal of the Year” by China Law & Practice 2011 for advising AIA on its US$20.5 billion IPO