Strong Client Relationships Put McGuireWoods on BTI Consulting’s Power Elite List

Firm Among Top 10 Most Recommended By Corporate Counsel

August 7, 2019

McGuireWoods is in an exclusive group of law firms named to BTI Consulting Group’s Power Elite, a distinction reserved for 26 firms with the strongest client relationships that corporate legal decision makers most highly recommend to their peers.

McGuireWoods was among 10 firms most recommended by corporate counsel in BTI’s 2019 Power Rankings report and placed 15th overall in the survey. BTI interviewed 650 top legal decision-makers at large companies to calculate the client relationship strength of the law firms they use most. Client relationship strength is a measure of how well positioned a law firm is for growth compared to competitors in the market, according to BTI.

In its research, BTI asked clients to name their core firms — those they rely on to help manage their legal work — grouped by industry sector. McGuireWoods was identified as a core firm in 11 industries and was rated a “powerhouse” in utilities, a “standout” in the food industry and a “leader” in the chemicals industry. Clients also named McGuireWoods a core firm for banking, consumer goods, energy, financial services, insurance, manufacturing, professional services and retail trade.

“Clients depend on us to offer business-focused solutions, and we have dedicated ourselves to building cross-practice industry teams to help them achieve their goals,” said J. Tracy Walker IV, McGuireWoods’ managing partner. “It is gratifying to know our clients value these strong relationships.”

BTI recently named McGuireWoods to its prestigious Brand Elite list of firms “making bold moves in the legal market to achieve long-term growth and market leadership.” In its seventh straight appearance on the annual list, McGuireWoods earned “Best of the Best” status for its innovative client service strategies and as a firm corporate counsel most often recommend to peers and colleagues. The firm also has been recognized 13 times on BTI Consulting’s “Client Service A-Team” list of elite firms clients and major companies singled out for service excellence.