Orrick way ahead of pack
Orrick Herrington & Sutcliffe LLP once again found itself far ahead of the rest of the bond counsels, as it increased its par amount but saw its market share slip. Orrick accounted for $30.56 billion and an 11.5% market share in 2019, compared to $30.35 billion or 12.8% market share in 2018.
Hawkins sees increases
Hawkins Delafield & Wood LLP cut into Orrick's lead a bit as its par amount and market saw both saw slight upticks. The firm jumped up to second from fourth as it accounted for $12.90 billion and a 4.9% market share in 2019, compared to $10.91 billion and a 4.6% market share in 2018.
Kutak stays steady
Kutak Rock LLP remained in the third spot with $11.75 billion and 4.4% market share in 2019 versus $11.04 billion and 4.7% share of the market in 2018.
Norton falls two places
Norton Rose Fulbright dropped to fourth from second, with $10.05 billion from $16.11 billion, as its market share fell to 3.8% from 6.8%.
McCall holds down the fifth spot again
McCall Parkhurst & Horton LLP was in the same position it found itself in 2018, with $8.41 billion in par amount in 2019, down from $9.60 billion the prior year.
Rest of the best
Rounding out the top 10 bond counsel firms for 2019 are:

Squire Patton Boggs with $8.16 billion; Stradling Yocca Carlson & Rauth with $6.92 billion; Chapman and Cutler LLP with $6.62 billion; Nixon Peabody LLP with $5.94 billion; and Gilmore & Bell PC with $5.73 billion.