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Baker & McKenzie tops among tax law firms in United States.


SAN FRANCISCO--(BUSINESS WIRE)--Nov. 7, 1994--Baker & McKenzie, the world's largest and most international law firm, was named one of the top law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 in the country for tax law advice according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a new survey of tax specialists.

The survey, conducted by the International Tax Review, noted that the "results across the U.S. are dominated by the big six accountancy firms ... and law firm Baker & McKenzie."

The survey encompassed more than 600 in-house tax specialists at top U.S. multinational corporations

Main article: multinational corporations

  • ABB
  • ABN-Amro
  • Accenture
  • Aditya Birla
  • Affiliated Computer Services Inc
  • Airbus
  • Allianz
  • Altria Group
  • American Express
  • Akzo Nobel
  • Apple Inc.
, and divided the nation into three regions. The survey noted that the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  has the world's most developed, and hence competitive, tax advice market.

Baker & McKenzie's West Coast practice, with offices in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  and Palo Alto Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif., ranked first among all tax advisors in the region, including accounting firms. Baker & McKenzie topped Ernst & Young, KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 Peat Marwick, Price Waterhouse, and Arthur Andersen in the top-10 overall rankings.

"We were very pleased by the results," commented Robert T. Yahng, managing partner of the two offices. "We face stiff and formidable talent among the Big 6 accounting firms, but I believe our international experience and reach, built over many years, was key to our number-one ranking." John Peterson and Maurice Emmer, partners in the Palo Alto office, were named as two of the top four individual tax advisors in the West.

Baker & McKenzie's international network spans 53 offices in 32 countries. In specialized areas, the firm ranked among the top for its expertise in cross-border transactions, taking first place in both the West and the East. In the Midwest, the firm ranked second in cross-border and joint venture work, and fourth in asset finance and project finance, respectively.

The survey found that overall, law firms, not accounting firms, are more highly regarded in the mergers and acquisitions, capital markets, project finance, joint ventures and asset finance specialist areas.

Yahng noted that Baker & McKenzie has 75 attorneys in its North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Tax Practice Group, including 18 who are based on the West Coast.

Copies of the International Tax Review article on the survey are available upon request.

CONTACT: Baker & McKenzie
              Robert Yahng, 415/576-3035
              MacKenzie Communications
              William Strawn, 415/433-8200
COPYRIGHT 1994 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 7, 1994
Words:362
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