The Faegre & Benson LLP corporate practice has been recognized among top U.S. law firms by Legal 500 United States in three categories: finance; tax; and mergers, acquisitions and buyouts. The 2008 guide also recognized Faegre & Benson in its media, technology and telecoms category.
The annual Legal 500 series recommends firms and lawyers by specific "work areas" within each category.
In the area of Capital Markets—Equity Offerings, the firm was described as a leading mid-market firm with a record that indicates "capacity to act on sizeable and intricate deals." Partner Morgan Burns was noted by clients for his "ability combined with a personal touch." Clients also praised Kris Sharpe, head of the firm's corporate group and securities law practice for providing "strong, all-around counsel."
The firm was described as "very professional and very thorough" in the M&A: Midwest work area—with clients mentioning Sharpe, along with partners Bruce Engler, Michael Stanchfield and Douglas Wright by name.
According to the guide, Faegre & Benson "provides solid tax support for the demanding entrepreneurial businesses that comprise the firm's core clientele." Partners Kenneth Levinson and Bruce Ackerman were singled out for client praise in the Domestic Tax—Central area.
In the media, technology and telecoms category, partner John Borger was mentioned for his 25 years of media law experience and excellent reputation with clients. The firm's media law group was commended for its proficiency in defamation and libel with respect to First Amendment law.
The Legal 500 team of researchers speaks to thousands of law firm commercial clients every year. Law firm recommendations are based largely on opinions expressed by clients and rival commercial lawyers. Law firm inclusion in the guide is based solely on merit.