Akin Gump Ranked Among Top On-Shore Firms in 2014 Alpha Awards
(New York) – As part of its 2014 Top Law Firms recognition, Institutional Investor’s Alpha, which focuses on the hedge fund industry, has ranked Akin Gump in third place overall for On-Shore Law Firms, those that “hedge fund managers say have best guided them through this complex web of post-financial crisis rules and regulations.”
In profiling the firm, Alpha quotes investment management partner Kelli Moll, who heads up the New York office’s hedge fund practice: “We really do span the scope of the industry. And we really have grown with our clients, many of whom are 20- or 30-year relationships.”
The article states that “Hedge fund managers rank Akin Gump highly in the areas of Business Planning & Corporate Finance, Hedge Fund Expertise and Tax Law Expertise. The Alpha article also rated the firm well in Client Service and Regulatory & Compliance.
With respect to helping clients adjust to the rules instituted after the financial crisis, Ms. Moll noted that, “From an industry perspective, I think grappling with all the new regulation has been the hardest thing our clients have had to deal with.”
The 2014 Alpha Awards rankings are based on voting by 500 hedge fund firms, including many in Alpha’s 2013 Hedge Fund 100 ranking of the world’s largest hedge fund firms. The hedge funds were asked to rate the quality of service they received for the 12 months ended August 31, 2013. To be considered for the overall ranking, law firms needed to rank in at least four of the six law firm attributes.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 850 attorneys in offices throughout the United States, Europe, Asia and the Middle East.
# # #