PropertyCasualty 360 and CorporateCounsel affiliate ALM Legal Intelligence recently broke outfinance and insurance data from its 2017 Who Represents America’s Biggest CompaniesSurvey, to discover which law firms are winning the mostbusiness in these sectors.

ALM Legal Intelligence analyzed data from the 2016 calendaryear, found on PACER, with a focus on Fortune 1000 companies,NLJ-350 sized firms and some other small but highly activefirms.

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According to the data, while companies in the finance andinsurance sectors continued to turn in-house to get legal work done— with in-house teams surpassing outside counsel in popularityoverall — they certainly kept law firms busy as well.

And a few firms really capitalized on thework available in these lucrative industries. Here are the lawfirms our data says finance and insurance companies have usedmost:

1. Akerman LLP

Miami-based Akerman tops the list as the most popularfirm for finance and insurance companies in the 2017 survey. Thefirm has successfully represented a wide range ofcompanies in this space. Akerman’s revenue and headcounthave also grown lately, as the firm has worked tomeet the needs of clients outside of Florida.

2. McGuireWoods LLP

McGuireWoods comes in second. The firm — which has 32 officesand more than 1,000 employees — worked on a number of finance casesin 2017, including a high-profile suit against WellsFargo over unauthorized auto loans and arbitration clauses.Changes can be expected this year under new chairman JonHarmon, who has pledged to turn the firm into a “nationalpowerhouse.”

3. Locke Lord Bissell & Liddell LLP

Despite a scandal in London in 2017, in which a now-departedpartner was caught running a 21 million pound ($28,162,890)investment scheme, multinational Locke Lord remained atop choice for finance companies in particular.

4. Severson & Werson

Severson & Werson, a California-based firm with offices inIrvine and San Francisco, came in fourth in the analysis. The firmmade headlines alongside Californian companies in 2017, defendingembattled Wells Fargo in a suit that claimed the bank profited offof homebuyers who defaulted on their mortgages during the housingcrisis. The firm has also worked with other California-born banks,such as Bank of America.

5. Shearman & Sterling LLP

It has been a good run for Shearman & Sterling. Inaddition to rounding out the top five, one of the firm’s starpartners, Joseph Frank, also won litigator of the week inDecember 2017. Frank prevailed for client Nomura, saving theJapanese financial giant hundreds of millions in a case that couldsave other banks billions going forward.

6. Cahill Gordon & Reindel LLP

Cahill comes in sixth. In 2017, the New York-basedfirm defended Credit Suisse against claims theinternational banking giant manipulated the Swiss Francs’ LondonInterbank Offered Rate for ten years. U.S. District Judge SidneyStein of the Southern District of New York granted motions todismiss the claims in October of last year.

7. Hinshaw & Culbertson LLP

This year’s list gets some Midwest representation with Hinshaw& Culbertson. The Chicago-based firm was the second mostmentioned firm by insurance companies.

8. AnglinFlewelling Rasmussen Campbell & Trytten, LLP

Another California-based firm, Anglin Flewelling RasmussenCampbell & Trytten has worked on high-profile casesfor Wells Fargo.

9. Ogletree, Deakins, Nash, Smoak & Stewart,P.C.

Ogletree Deakins takes ninth place on this list, but the laborand employment law firm was the most mentioned for insurancecompanies. It’s the first Southern firm on the list, based inAtlanta.

10. Balch & Bingham LLP

Last but not least is another Southern firm, Balch &Bingham. The Alabama-based corporate law firm’s recent finance workhas included advising First Partners Financial, Inc., when it wasacquired by Progress Financial Corporation. The Birmingham BusinessJournal reports the deal led to a merged bank withapproximately $1 billion in total assets.

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Caroline Spiezio ([email protected]) covers theintersection of tech and law for ALM Media's Corporate Counsel.She's based in San Francisco.