Bond Buyer: McGuireWoods No. 1 Bond Counsel in Southeast for 2014
McGuireWoods was the No. 1 bond issuer legal counsel in the Southeastern United States last year with a total sales volume of $2.5 billion, according to a story published Wednesday in The Bond Buyer, the daily newspaper of public finance.
The firm’s work representing bond issuers in the 11-state area in calendar 2014 vaulted it from its seventh-place regional finish the year before, the newspaper reported.
“This is exciting news for McGuireWoods and shows that our firm’s reputation as go-to bond counsel is very well deserved. We have a public finance team that is trusted throughout the region and the nation,” said partner Alan Cason, who chairs the firm’s Public Finance Department.
The story is based on the newspaper’s analysis of Thomson Reuters’ Southeast league table of bond counsel firms in the region comprised of Virginia, West Virginia, North Carolina, South Carolina, Tennessee, Kentucky, Florida, Georgia, Mississippi and Louisiana.
The story noted that bond sales increased in Virginia by 3.4 percent last year, and issuers turned to McGuireWoods with much of the work.
As Cason noted in the Bond Buyer story, the firm also served as bond counsel on transactions in most of the Southeastern states as well as nationally.
“Last year was good from a volume standpoint,” the newspaper quotes Cason as saying, but “this year, we’re off to a really fast start.”
Cason noted to Bond Buyer that McGuireWoods last year added new public finance lawyers to its offices in Houston and Chicago. He added that the firm has about 35 lawyers operating in 10 offices and continues to look for expansion opportunities.
The 2015 edition of U.S. News-Best Lawyers’ “Best Law Firms” named McGuireWoods “Law Firm of the Year” in Banking and Finance Law, placing it among the 20 U.S. firms with the most top-tier rankings. In Best Lawyers in America’s 2015 rankings, 18 of the firm’s lawyers were listed in the practice area of Banking and Finance Law, the most of any firm in the nation.
The full story is available at secure.bondbuyer.com (site requires a subscription or registration for a free trial).