The Financial Times Ranks White & Case Among Top Five Most Innovative North America Law Firms
White & Case was ranked among the top five most innovative law firms in North America by the Financial Times in its FT North America Innovative Lawyers 2014 report, ranking the Firm in fifth place in its ranking of North American law firm innovators. The report recognized the Firm as a top innovator on six matters, one of which earned a "Standout Ranking"—the highest ranking possible.
The Firm won recognition for these six matters in the following categories:
Corporate & Commercial
White & Case earned a "Standout" ranking for its representation of Occidental Petroleum Corporation in challenging state protocols and US federal laws to secure the right to sell surplus electricity to the US power grid in California. Careful navigation of the regulatory path led to a solution that avoided pitting state and federal authorities against each other, and ultimately allowed the company to refocus its strategy to increase oil and gas production at its Elk Hills Oil Field while improving efficiency and lowering operating costs.
Daniel Hagan, the Firm's lead attorney on the matter was "Commended" for his work.
White & Case earned a "Highly Commended" ranking for its work for the City of Dania Beach, Florida in delaying a huge expansion of the Fort Lauderdale-Hollywood International Airport for six years, while developing a comprehensive strategy to win extraordianry benefits in excess of US$250 million for several thousand city residents. Our team achieved this result by tenaciously advocating for the city in multiple administrative and judicial proceedings related to the environmental effects of the project.
The Firm also won a "Commended" ranking in this category for its representation of Toshiba in the largest antitrust case globally in 2013. Retailer Best Buy claimed US$800 million (US$2.4 billion under US trebling) in damages for price fixing in LCD screen manufacturing. While other defendants settled, Toshiba went all the way to court and was exonerated of all liabiilty, reducing damages to nothing and, according to the Financial Times, challenging "the view that juries cannot handle complex damages calculations."
Business of Law
White & Case won a "Commended" ranking for being one of the first large laws firms to harness the power of LinkedIn for business development. This pioneering program mobilized more than a thousand employees to build the Firm's brand in a consistent way, building their individual profiles and delivering relevant content to clients.
White & Case won a "Commended" ranking for its work for the National LGBT Bar Association and investment bank BNY Mellon in creating an online database for LGBT tax matters. The database helps married lesbian, gay, bisexual and transgender couples navigate the tax regime in the wake of the legislation of same-sex marriages.
The Firm also won a "Commended" ranking in this category for its work on establishing an investment fund that uses private capital for philanthropic purpose, while simultaneously targeting a financial return in a groundbreaking investment model. We were counsel for Global Health Investment Fund I, representing the managing member, Global Health Investment Corporation. Sponsored by the Bill & Melinda Gates Foundation, the fund invests in organizations that are developing medicines and medical products for health problems that disproportionately affect developing countries.