Ranking tables
Capital Markets: High-Yield Debt | USA
USA - Nationwide
Rankings overview for Departments
Band 1
Band 2
Band 3
Band 4
A&O Shearman 5 Years Ranked
Debevoise & Plimpton LLP 3 Years Ranked
Fried, Frank, Harris, Shriver & Jacobson LLP 1 Years Ranked
Gibson, Dunn & Crutcher LLP 1 Years Ranked
Mayer Brown LLP 2 Years Ranked
Ropes & Gray LLP 4 Years Ranked
Sidley Austin LLP 3 Years Ranked
Vinson & Elkins LLP 5 Years Ranked
Weil, Gotshal & Manges LLP 4 Years Ranked
All Departments profiles
Band 1
1 Cahill Gordon & Reindel LLPCapital Markets: High-Yield Debt2025 | Band 1 | 5 Years RankedCahill Gordon & Reindel LLP is a highly respected team with enviable strength in high-yield offerings as well as extensive expertise in some of the most complex investment-grade debt matters. The firm possesses a strong equity division, advising on an extensive array of high value public stock issuances. Cahill attorneys represent a raft of underwriters and maintain an impressive client roster of the most active investment banks across the market.
1 Davis Polk & Wardwell LLPCapital Markets: High-Yield Debt2025 | Band 1 | 5 Years RankedDavis Polk & Wardwell LLP is a leading firm for capital markets transactions, sought after by both banks and companies for its stellar expertise and extensive experience. Regularly works with managers and issuers on a range of deals, including convertible and investment-grade debt offerings. Also provides expert counsel on IPOs and equity-linked notes offerings on behalf of both well-established industry players and newer emerging companies. Particular industry focus in technology and life sciences.
1 Latham & Watkins LLPCapital Markets: High-Yield Debt2025 | Band 1 | 5 Years RankedLatham & Watkins LLP is a leader in the Texas market, offering extensive knowledge of the energy sector, including notable experience in the upstream, midstream and downstream sectors. Skilled across all capital markets transactions, with particular strengths in high-yield debt, private placements and IPOs. Boasts a clientele of national and international investment banks and companies, including MLPs.
1 Paul Hastings LLPCapital Markets: High-Yield Debt2025 | Band 1 | 5 Years RankedPaul Hastings LLP is a capable capital markets firm with a global reach, acting for issuing companies and investment banks. The firm has particular expertise in debt offerings and garners praise for its expertise in high-yield bond mandates. The attorneys are well versed in a range of cross-border transactions and are particularly experienced in the technology, energy, and real estate industries.
Band 2
2 Cravath, Swaine & Moore LLPCapital Markets: High-Yield Debt2025 | Band 2 | 5 Years RankedCravath, Swaine & Moore LLP is experienced in handling high level matters for a significant book of issuer and underwriter clients. The firm is regularly sought for advice on complex or esoteric capital markets issues and gains recognition for its expertise in high-yield and investment grade debt offerings. An impressive equity practice arises out of strong links with institutional corporate clients, granting the team an enviable level of market awareness.
2 Kirkland & Ellis LLPCapital Markets: High-Yield Debt2025 | Band 2 | 5 Years RankedKirkland & Ellis is a burgeoning force in the Houston market with a focus on capital markets work in the energy sphere. Active on behalf of private equity firms, underwriters and sponsored companies in a variety of transactions, including IPOs and direct investments. Expertise in bankruptcy makes it a strong choice for clients seeking capital markets advice relating to financial distress.
2 Paul, Weiss, Rifkind, Wharton & Garrison LLPCapital Markets: High-Yield Debt2025 | Band 2 | 5 Years RankedPaul, Weiss, Rifkind, Wharton & Garrison LLP represents issuers across a range of fields, including energy, telecommunications and leisure, as well as global investment banks acting as underwriters on capital markets transactions. The firm brings to bear recognized strength in IPOs and high-yield debt and boasts an impressive roster of clients including household name issuers and leading private equity sponsors.
2 Simpson Thacher & Bartlett LLPCapital Markets: High-Yield Debt2025 | Band 2 | 5 Years RankedSimpson Thacher & Bartlett LLP is a well-respected capital markets practice active in the representation of issuers and underwriters. It is a popular choice for clients seeking advice on high-yield offerings. Maintains an impressive roster of clients in the energy sector.
Band 3
3 Cleary Gottlieb Steen & Hamilton LLPCapital Markets: High-Yield Debt2025 | Band 3 | 5 Years RankedCleary Gottlieb Steen & Hamilton LLP is a fully integrated capital markets practice whose lawyers are able to draw upon specialties and experience from the firm’s tax, bankruptcy, and M&A teams. The attorneys are adept at handling a variety of high value transactional matters for a broad client base, possessing significant capacity in complex cross border transactions. The firm possesses notable experience advising on both SEC-registered and private securities offerings.
3 Milbank LLPCapital Markets: High-Yield Debt2025 | Band 3 | 5 Years RankedMilbank LLP exhibits expertise in capital markets, having built a prestigious reputation advising leading investment banks and companies on high-yield debt offerings. Deals span an array of industries, with marked capabilities in the aviation sector. The attorneys regularly handle cross-border transactions, leaning on Milbank's impressive network of international offices.
3 Skadden, Arps, Slate, Meagher & Flom LLP & AffiliatesCapital Markets: High-Yield Debt2025 | Band 3 | 5 Years RankedSkadden, Arps, Slate, Meagher & Flom LLP & Affiliates has a diverse capital markets practice with expertise in the full range of securities offerings. The firm is able to provide a full service practice in both domestic and international markets, working across practice groups to bring a range of skills to transactions. Routinely sought out by private equity firms for advice on securities transactions, it boasts particularly deep experience of IPOs, including a specialist knowledge of the SPAC market.
3 Sullivan & Cromwell LLPCapital Markets: High-Yield Debt2025 | Band 3 | 5 Years RankedSullivan & Cromwell has an eminent capital markets practice with cross-border capabilities across a wide range of complex, high value transactions. A popular choice for investment banks and issuers involved in high value debt and equity offerings. The firm's capital markets capabilities bolstered by firm-wide strength in M&A and it is sought out for its expertise in representing syndicated groups of underwriters.
3 White & Case LLPCapital Markets: High-Yield Debt2025 | Band 3 | 5 Years RankedWhite & Case LLP is a sought-after Houston outfit, highlighted for its broad debt and equity expertise. It is able to act for both issuers and underwriters, with complimentary knowledge of SPAC transactions. The firm's vast global network makes it a premier choice for complex cross-border deals.
Band 4
4 A&O ShearmanCapital Markets: High-Yield Debt2025 | Band 4 | 5 Years RankedA&O Shearman offers skillful representation across a wide range of capital market transactions. The firm is adept at representing both underwriters and issuers and has a client base that includes leading financial services companies and major investment banks.4 Debevoise & Plimpton LLPCapital Markets: High-Yield Debt2025 | Band 4 | 3 Years RankedDebevoise & Plimpton LLP is a respected team, particularly known for its representation of issuers. The firm has been able to remain at the forefront of regulatory changes while maintaining a strong transactional offering, with both domestic and cross-border capabilities. The attorneys are regularly engaged by clients to advise on complex equity deals, including IPOs and secondary offerings.4 Fried, Frank, Harris, Shriver & Jacobson LLPCapital Markets: High-Yield Debt2025 | Band 4 | 1 Years RankedFried, Frank, Harris, Shriver & Jacobson LLP acts for a range of clients in the capital markets space, including issuers, underwriters, dealer-managers and private equity sponsors. The New York-based outfit is recognized for its work on debt offerings and private placements, possessing notable experience handling IPOs and secondary offerings. Clients hail from a range of industries, notably shipping, pharmaceutical and financial services.
4 Gibson, Dunn & Crutcher LLPCapital Markets: High-Yield Debt2025 | Band 4 | 1 Years RankedGibson, Dunn & Crutcher LLP is a strong team known for its representation of companies and private equity firms in capital markets transactions. Frequently acts on securities offerings for clients in the energy space, assisting issuers and underwriters on high value debt and equity deals.
4 Mayer Brown LLPCapital Markets: High-Yield Debt2025 | Band 4 | 2 Years RankedMayer Brown LLP has drawn acclaim for its record acting for issuers and underwriters on a broad array of capital markets transactions. The firm regularly represents clients from the life sciences, energy and financial sectors. The team handles a wide array of matters, including debt offerings, private placements and cross-border equity offerings, as well as high-yield debt transactions.4 Ropes & Gray LLPCapital Markets: High-Yield Debt2025 | Band 4 | 4 Years RankedRopes & Gray LLP has a broad experience handling complex debt and equity matters. Clients range from private equity outfits and investment banks to corporates, including high-end companies operating in the healthcare, biotechnology and pharmaceutical sectors. The firm is particularly acknowledged for its expertise in equity transactions, including SPACs, and is often called upon to advise technology and life sciences companies.4 Sidley Austin LLPCapital Markets: High-Yield Debt2025 | Band 4 | 3 Years RankedSidley Austin LLP is a respected firm that garners praise for its pairing of deep private equity expertise with broad transactional experience in capital markets. Experienced in the representation of issuers and underwriters in the full range of debt and equity securities offerings. Particularly seasoned in handling major transactions in the energy industry.4 Vinson & Elkins LLPCapital Markets: High-Yield Debt2025 | Band 4 | 5 Years RankedVinson & Elkins LLP remains a top-tier practice, offering expertise in a wide variety of capital markets deals. From its headquarters in Houston, the firm is particularly strong in handling MLP IPOs and fields a deep bench of highly experienced practitioners with a range of specialties in both debt and equity offerings. The attorneys provide clients with ancillary expertise in areas such as tax, regulatory and energy law and are active in the technology, aviation and real estate industries, and capable across the energy space.4 Weil, Gotshal & Manges LLPCapital Markets: High-Yield Debt2025 | Band 4 | 4 Years RankedWeil, Gotshal & Manges LLP is an established capital markets practice, with particular capabilities in equity transactions, including in traditional IPOs and SPAC IPOs. The firm represents both issuers and underwriters in complex transactions, as well as possessing notable experience working with private equity firms. The capital markets team maintains close relationships with Weil's banking and M&A departments to provide clients with a comprehensive service.