Drinker Biddle’s Investment Management Practice Earns Nationwide Ranking in Chambers USA 2016
Drinker Biddle & Reath LLP’s Investment Management Practice Group has received national recognition in Chambers USA 2016. The group was ranked Nationwide for Investment Funds: Registered Funds in the publication, whose rankings are widely accepted as the international standard for legal excellence.
“We are honored to be ranked as one of the top investment management practices in the country for the sixth consecutive year,” said Joshua B. Deringer, partner and chair of the group. “This consistent recognition reflects our team’s strong record of innovation, involvement with the industry and superior client service.”
Chambers USA bases its annual rankings on client and peer references, as well as research conducted by its team of more than 140 full-time researchers. Criteria include technical legal ability, professional conduct, client service, commercial astuteness, diligence, commitment and other qualities valued by clients.
Chambers USA said the Investment Management Group is known for its “[s]olid offering within the registered funds space with a client base that includes mutual funds, ETFs and money market entities.” The team was also described as [h]ighly skilled in structuring open- and closed-end funds that concentrate on liquid alternative investments.”
One client interviewed by Chambers USA said, ""They're timely, thorough and … have a good bench from top to bottom ….” "They have a very good feel about what's going on in the market and how other fund families are interpreting the law,” said another.