Law firm of the year: Davis Polk & Wardwell

Law firm of the year: Davis Polk & Wardwell

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Davis Polk & Wardwell's transactional work during 2012 - when it advised on 2,100 offerings, worth $32 billion, or an average of 40 per week - would have been impressive in any year. But as the firm's clients will tell you, 2012 was not any year. When the US Securities and Exchange Commission (SEC) delivered a letter to issuers in April suggesting that certain industry-wide practices were not up to regulatory standards, Davis Polk was summoned to the table by no less than five recipients of the

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