• "Consistency in deals and the ability to sustain respect throughout the practice has kept Davies Ward Phillips & Vineberg in the forefront. With more than 100 lawyers in Toronto, Montreal, and New York, the firm has a venerable reputation of quality cross-border work."

• "With more than 90 practitioners in Toronto, Montreal, and New York, Davies Ward Phillips & Vineberg secures its place as a top-tier firm. The firm has maintained a name in doing a large number of high-quality transactions."

• "Davies Ward Phillips & Vineberg is a solid Canadian firm for all areas of corporate finance but deserves to be ranked among the very best for mergers and acquisitions, indeed for every area of corporate advice."

• "Davies Ward Phillips & Vineberg's concentration on infrastructure keeps it in the project finance market as the rise in PPPs branches out in Canada."

• "Davies Ward Phillips & Vineberg's financial services group is known in the practice for doing non-traditional banking work. Some in the field observed that the firm's banking arm has successfully capitalized on a robust M&A practice to capture the increase in acquisition financing instructions."

2008 Best Lawyers in Canada recognizes Davies lawyers 68 times as Leading Lawyers in practice categories that include Banking Law, Competition/Antitrust Law, Class Action Litigation, Corporate/Commercial Litigation, Corporate Law, Corporate Governance, Director & Office Liability, Derivatives Law, Environmental Law, Equipment Law, Gaming Law, Insolvency & Financial Restructuring, International Arbitration, Mergers & Acquisitions, Project Finance Law, Public Finance Law, Real Estate Law, Securities Law, Structured Finance Law, Tax Law, Trusts & Estates.

Davies is ranked first in the world in GSI's Third Quarter 2006 Counsel Rankings, based on the dollar value of all transactions reported to the SEC with a completion date during the third quarter. Davies was also the leading Canadian law firm for worldwide announced deals in the Thomson Financial Second Quarter Global M&A Legal Advisory Review and ranked in the top tier in the 2007/2008 PLC Cross Border M&A Handbook.

In Bloomberg's 2005 Canadian M&A Legal Advisory Tables based on volume, Davies was ranked the second highest Canadian firm, with a market share of 13.5%. When comparing average deal size, Davies' average is significantly higher than the average deal size of any of the other Canadian law firms ranked.