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March 22, 2011
WASHINGTON, DC, March 22, 2011 — The Global Arbitration Review has named Covington & Burling LLP to its prestigious list of the world’s top 30 international arbitration practices.
Published by GAR, the international journal of commercial and treaty arbitration, the GAR 30 is part of a larger survey of the world's leading arbitration practices commonly known as the GAR 100. It is widely considered the top tier of global arbitration practices. Covington ranked among the leading 15 practices in the world.
“This is a testament to a lot of hard work by a very talented group, the depth and growth of our practice at all levels, and the considerable trust that our clients continue to place in us,” said Allan Moore, co-chair of Covington’s arbitration practice.
In announcing the GAR 30 list, the publication states that Covington has long had a strong brand for arbitration with U.S. clients, noting that Exxon selected the firm to take on Venezuela. “But in recent years it’s been making high quality hires in Europe…That European team is now contributing work that counts towards the ranking score.”
GAR noted that Covington’s reputation as global arbitration practitioners stems back to 1919 when the firm successfully represented the Kingdom of Norway in the Norwegian Shipowners proceeding against the United States in The Hague. Success in that arbitration -- an award of the then-astronomical sum of $12 million -- helped build the firm's reputation and “remains a staple of legal textbooks to this day,” GAR stated.
“When GAR began publishing in 2005, the firm was one of the few Washington DC players regarded as able to hold its own on the bigger stage,” the GAR reported in its guide to arbitration firms. Their work on the international front has continued to grow, the publication noted.