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Hogan Lovells wins high marks for innovation in law and business at the 2017 Financial Times Innovative Lawyers awards for North America

12 December 2017

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Maria Woehr

Public Relations Manager
+1 212 918 6154

New York, 12 December 2017 – For the second year in a row, the Financial Times has ranked Hogan Lovells as one of the “Most Innovative” Law Firms in North America. The firm ranked second overall in the FT Innovative Lawyers North America 2017 report, which is produced by the paper in collaboration with RSG Consulting.

This ranking caps an outstanding year of recognition for Hogan Lovells in these coveted legal industry awards. Hogan Lovells also achieved second “Most Innovative Law Firm” in the FT Innovative Lawyers Europe 2017 report, and twelfth in the Asia-Pacific FT Innovative Lawyers 2017.

Hogan Lovells scored high rankings across the board in the FT Innovative Law Firm North America 2017 report.

In individual categories, Hogan Lovells won “Rule of Law and Access to Justice” for representing the state of Hawaii in its challenge to President Trump’s executive order to ban travel of citizens of seven Muslim countries to the United States.

“Law firms and all members of the legal profession have an obligation to protect those who need a voice and need protection,” said Hogan Lovells partner Neal Katyal, who was commended for his work in the Financial Times report. “The system of checks and balances only works when you have people willing to fight for them.”

Hogan Lovells also won “Legal Expertise: Litigation and Disputes.” Katyal was again commended for his representation of pharmaceuticals company Bristol Myers Squibb in the Supreme Court. The case set a precedent by severely curbing the scope for so-called forum shopping.

The firm also achieved highly commended and commended rankings in a number of other categories:

Highly Commended in “Strategy and Changing Behaviors” for creating a firm-wide competition to develop new ideas for revenue-generating business and solutions for client problems. The best entries receive business mentoring and support from senior staff to help bring their concept to market.

Highly Commended in the category of “Managing and Developing Talent” for launching the first in-house counseling service in a major U.S. law firm, offering a holistic approach that includes access to in-house psychologists and financial counseling.

Highly Commended in “Enabling Business Growth” was the creation of a “buyer power ratio” metric. The metric has the potential to dramatically alter and smooth valuation negotiations between buyers with a large market capitalization and private targets. M&A partner Rick Climan was commended for his work.

Commended in “New Products and Services” for the firm’s work in its Unmanned Aircraft Systems practice. Led by partner Lisa Ellman, the practice launched an industry association, hosted the first industry summit on drone security, and engaged with regulators to win waivers for major clients.

Commended in “Managing Complexity and Scale” for displaying its project management and stakeholder engagement skills in the successful spin-off of Vanderbilt University Medical Center in Nashville, Tennessee, from Vanderbilt University. The deal, led by partners Cliff Stromberg and Torrey McClary, allowed the center to raise $1.3 billion in bond note proceeds in April 2016 to purchase clinical assets.

Commended in “Enabling Business Growth” for the work of our lawyers in our Dutch and Mexico offices in the representation of International Finance Corporation and China-Mexico Fund. We used a public-private partnership structure for the first time in Mexico’s telecoms sector on a large-scale product.

Now in its twelfth year of publication, the FT Innovative Lawyers competition has become one of the top legal rankings with coverage in three major geographies of the globe. Over the past eleven years the FT has assessed legal innovation in over 50 countries from over 400 law firms and 400 in-house legal departments.

About Hogan Lovells

Hogan Lovells is a leading global legal practice providing business-oriented legal advice and high-quality service across its exceptional breadth of practices to clients around the world.

“Hogan Lovells” or the “firm” is an international legal practice that includes Hogan Lovells US LLP and Hogan Lovells International LLP. For more information, see www.hoganlovells.com.

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