Top muni bond counsel of 2018

By Aaron Weitzman

Published January 16, 2019 1:29 PM

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Updated June 1, 2021 1:37 PM

1 Min Read

The top muni bond counsel firms accounted for $318.67 billion in 8,474 transactions in 2018, down from $407.47 billion in 10,519 deals the year before.

Orrick finishes first

Orrick Herrington & Sutcliffe LLP was first place again, as its market share nudged up. The firm accounted for $37.93 billion or 11.9% market share, compared with $47.97 billion and 11.8% market share in 2017.

Norton Rose Fulbright moves up

Norton Rose Fulbright gained a spot from where it finished in 2017, moving up to second from third. The firm was responsible for $18.25 billion in 2018, compared with $20.79 billion the previous year.

Hawkins falls to third

Hawkins Delafield & Wood LLP slipped to third from second, as its volume declined to $17.02 billion from $24.28 billion.

Kutak Rock stays in fourth

Kutak Rock LLP stayed put in fourth place with $16.20 billion in 2018, versus $17.67 billion the prior year.

McCall Parkhurst & Horton LLP round out top five

McCall Parkhurst & Horton LLP was steady in fifth place with $10.36 billion.

Remaining bond counsel

Chapman and Cutler LLP was in sixth place again with $7.49 billion. Gilmore & Bell PC with moved up to seventh from 10th with $6.45 billion. Ballard Spahr LLP climbed to eighth from 11th with $6.27 billion. Squire Patton Boggs stayed in ninth with $6.23 billion, and Nixon Peabody LLP dropped to 10th from seventh with $6.12 billion.

Markets Reporter

Aaron Weitzman currently covers a myriad of municipal topics on the sell side for The Bond Buyer. He is primarily responsible for covering the... Read full bio

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