Foley Named "Rising Star" in National Legal Market Study

20 May 2008 Media Contact: Jill Chanen News

Ranked a top 10 firm poised for future growth.

Foley announced today that the BTI Consulting Group has named the firm a “rising star” after a multi-year study of the US legal marketplace and ranked the firm as one of ten firms nationally that are well positioned for future growth based on the feedback from over 1700 interviews with corporate counsel. The study asked clients about their awareness and perception of over 400 law firms in areas such as the ability of firms to provide premium, bet-the-company work, innovative approaches to client service and technology, and their active recommendations of various firms to their peers.

“Corporate counsel see Foley & Lardner as a clear innovator, and that reputation has only increased,” says Michael B. Rynowecer, BTI President. "The firm is seen as technologically savvy and client focused."

The findings are based on more than 1,700 individual telephone interviews with corporate counsel at large publicly and privately held organizations with more than $1 billion in revenue. Over 40% of the participants work at Fortune 100 companies, with 17.4% working in-house at the Global 500. A majority of those surveyed (almost 55%) were either a General Counsel or Chief Legal Officer. The interviews were conducted over a 36 month period that ended in October 2007.

“We invest heavily in client service supportive technology and in client service tools which enable us to provide client focused and cost effective legal services and solutions to our clients on time and on budget,” said Ralf Boer, Chairman and CEO of Foley. “We are gratified that our clients recognize that our services and service delivery add value to their business and differentiate Foley.”

The BTI Consulting Group (Wellesley, Mass.) is the leading provider of strategic market research to law firms and professional services firms. BTI conducts the only continuous benchmarking market study in the legal services industry based on more than 1,000 independent interviews with general counsel and key decision makers that hire law firms.

Foley & Lardner LLP continually evolves to meet the changing legal needs of our clients. Our team-based approach, proprietary client service technology, and practice depth enhance client relationships while seeing clients through their most complex legal challenges. The BTI Consulting Group (Wellesley, Massachusetts) recently recognized Foley as one of the top four law firms shaping the U.S. legal market, while CIO magazine has named Foley to its CIO 100 list six times for our client-focused technology. With more than 1,000 attorneys in 22 offices and more than 50 practices, Foley strives to provide high-caliber business and legal insight.

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