For the seventh consecutive year, the Financial Times has ranked Mayer Brown as one of the most innovative North American law firms in the publication’s annual special report, “North America Innovative Lawyers.” Mayer Brown was listed among the top 10 law firms this year and has been recognized in the report each year that it has been published.
The report ranked Mayer Brown’s innovation in several categories.
- Innovation in Social Responsibility – Projects: Mayer Brown was awarded “Standout” for leading a “multi-stakeholders consultation process to produce a report on police accountability in Chicago after the fatal shooting of Laquan McDonald.” Mayer Brown Chicago Litigation & Dispute Resolution partner Lori Lightfoot was “Commended” for the report, which has had “national resonance and is broadly seen as a template for reform and to restore trust.”
- Integrated solutions: Mayer Brown was awarded “Standout” for The Mobility-Based Global People Solution that “combines legal advice and a global risk consulting service to help businesses manage risk and compliance when moving staff between countries.” The program was spearheaded by Washington DC Employment & Benefits partner Elizabeth (Liz) Espín Stern.
- New products and techniques: Mayer Brown was “Highly Commended” for advising a major US bank on the “creation of a new, triple-A rated asset class backed by monthly wireless device payments.”
- Innovation in unlocking and delivering value: Mayer Brown was “Commended” for helping Yum! Brands do “three concurrent deals including an unprecedented whole securitization of one of its subsidiary businesses, Taco Bell.” The Mayer Brown team was led by New York Banking & Finance partner Barbara Goodstein.
Additionally, Ms. Lightfoot was recognized in the report as one of the top 10 innovative lawyers in North America for her work to restore trust between police and citizens of Chicago. Appointed chair of the Police Accountability Task Force, “Ms. Lightfoot broadened the engagement and consultation process to include community groups, lawyers and experts working together to produce recommendations for reform.”
For the 2016 report, the Financial Times received over 300 submissions from nearly 70 law firms, which were researched by RSG Consulting via follow-up interviews with clients, lawyers and experts.