The Firm: Three partners and five associates advise fund managers on major restructurings. In spite of the market conditions, the team successfully launched a number of new funds in 2009. Clients were quick to praise the benefits of the firm's expertise in other practice areas.

Sources Say:"Proskauer brings ingenuity and creativity to the table, as well as expertise in areas such as  tax and litigation."

Key Individuals: Christopher Wells is "excellent at interpreting his clients' needs and looking at the big picture." His practice typically sees him representing multibillion-dollar hedge fund managers in simultaneous restructurings.