Orrick was the top bond counsel in the first quarter of 2026, advising on $18.331 billion in par.
Butler Snow and Stradling Yocca Carlson & Rauth were new entrants to the top 10 year-over-year, knocking Chapman and Cutler and Nixon Peabody to the top 15.
Kutak Rock advised on the most deals in the first quarter with 132.
Chapman Culter, which ranked 13th by total par, had the second-largest number of deals at 94, followed closely by Orrick at 90.
Orrick had the largest market share, followed by Hawkins Delafield & Wood and Kutak Rock.
Orrick has advised on $131.258 billion in par since Q1 2024, outpacing Kutak Rock, which advised $74.159 over the same period. McCall Parkhurst & Horton was third with a total of $56.286 billion in par.
Quinn Aitchison contributed to this report.
