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About the Firm
Davies Ward Phillips & Vineberg LLP is the continuing firm resulting from the February 2001 merger between Davies, Ward & Beck, Toronto and Phillips & Vineberg, Montréal. Independent commentators described the merged firm as "a new legal powerhouse" and "remarkable for its ability to field top-tier practitioners in all of the principal corporate core competency practice areas".
Today we are a single, integrated firm of more than 235 lawyers in offices in Toronto, Montréal, and New York, with an affiliate in Paris, managing complex and sophisticated commercial and financial matters, regardless of borders. Davies is consistently ranked by independent rating agencies as a market leader in our core practice areas. In 2002, Chambers & Partners named us Canada’s Business Law Firm of the Year - the first to be so named. Davies has also been ranked as the foremost corporate law firm in Canada in each of the Toronto and Montréal markets, relative to firm size, in the 2006 Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada. We act for a wide range of leading industrial and commercial companies and financial institutions, both public and private, in Canada, the United States and abroad. As well, our clients include governments, regulatory bodies, charitable organizations, international agencies, educational institutions, individuals and trusts and estates. Many clients are directed to us for special-purpose engagements by other North American and international law firms. All law firms are not created equal. The differences at Davies Ward Phillips & Vineberg produce consistently superior results for our clients. Ability and Attitude
There is no "B" team at Davies Ward Phillips & Vineberg. Davies is consistently recognized among clients, other major law firms and third-party organizations for its standard of excellence. The rankings reflect a conscious focus, over a long period, on consistency and depth of exceptional talent – attracting and retaining lawyers at all experience levels who have the ability and the motivation to be among the very best in their chosen fields of practice.
At entry level the firm hires approximately 18 graduating law students each year, selected from more than 1,000 applicants. We invest heavily in the training and continuing education of our young lawyers, exposing them to increasing levels of responsibility in a wide range of sophisticated and complex matters and teaching them to approach legal issues in the context of the client's business objectives. Davies Ward Phillips & Vineberg has the highest ratio of partners to associates of any major Canadian law firm. Talented, hard-working young lawyers are admitted to partnership at a far earlier stage than their contemporaries at other firms. As a result, very early in their careers they learn to act like owners, rather than employees, and to view the firm's relationships with its clients from that perspective. Not all our growth has been organic. We also have a proven track record of attracting to our firm leading practitioners who have been successful elsewhere in private practice or in industry or government. They bring to our firm the strength and diversity of their talents and backgrounds. We believe that achieving uniform excellence also requires focus. Our focus on business law, limiting ourselves to practice areas where we can be best-in-class, and not pursuing growth for its own sake, has allowed us to maintain consistently high quality. Perhaps that's why the National Post wrote: "When it comes to strength, pound for pound Davies has no peer." A Culture of Client Service
The needs of the client are paramount. Our partnership philosophy and our uncommon compensation system remove the barriers to effective collaboration and provide the foundation for client, rather than individual, focus. We place great emphasis on team work, cooperation and the firm as a whole, rather than on individual effort or self-advancement. Internal competition and self-promotion are counter-cultural and are not tolerated.
We are a highly integrated organization operating as "one firm", drawing on exceptional lawyers from a range of disciplines across all offices of the firm. The client's needs drive the make-up of the team working on a file, ensuring that the right people, at the right time, at the right cost are engaged. Other law firms typically base lawyer compensation and advancement on objective measureables, in particular on billable hours, which are not always aligned with clients' interests. At Davies, lawyer compensation and partnership admission are determined through a subjective process of peer review whereby members of the firm rely on being fairly assessed by their colleagues. A lawyer's contribution is measured against a broad range of non-objective criteria, including the lawyer's practice skills and capabilities, the willingness to place a high priority on the interests of the firm and its clients, the commitment of the lawyer to actively supporting the philosophy that our clients are firm clients, how well the lawyer recognizes, anticipates and responds to client needs and the variety of other ways in which the individual lawyer supports the firm's commitment to excellence in practice. This approach aligns the interests of the lawyers and the client, promotes efficient, effective service, encourages our lawyers to work collaboratively – within and among practice groups and offices – in our clients' interests and fosters the development of sustainable, mutually supportive relationships between the firm and its clients. International Reach and Experience
We were the first Canadian firm to open an office in Europe; we were the first Canadian firm in New York to practise U.S. law; we were the first Canadian firm to open an office in Beijing. Our presence in Paris dates back to 1961. Today, through our correspondent office there, Reinhart Marville Torre, the firm provides a vital link for many Canadian businesses seeking to operate in France and the European Union as well as assisting in meeting the European needs of our international transactions.
We meet our clients' needs wherever in the world they may exist. Recently, we have assisted clients in Argentina, Australia, Belize, Brazil, Chile, China, France, Germany, Ghana, Indonesia, Italy, Japan, Luxembourg, Mexico, Panama, Russia, Singapore, South Africa and the United Kingdom. Some of the clients we have acted for internationally include Alimentation Couche-Tard, Amcor, Barrick Gold, Caisse de dépôt et placement du Québec, Celestica, Masonite, PetroKazakhstan, Reichmann International/IPC and Trizec Hahn. In some cases, there has been no Canadian component to the transaction. Our New York office, opened in 1984, consists of 18 lawyers practising U.S. law, focusing on corporate/commercial, finance/securities, tax, commercial real estate and trusts and estates law. The lawyers in New York work seamlessly with their colleagues in Toronto and Montréal to provide truly integrated North American service, efficiently and cost-effectively. Efficient, Effective Delivery of Legal Services
Our commitment to our clients is to work together to ensure that our fees represent good value and our services are provided in a cost-effective manner. Our approach to providing our clients with maximum value rests on several principles of practice:
Efficiency is encouraged by our compensation philosophy which also removes incentives to overstate hours or overstaff files. Our traditional practice, which most of our clients prefer, is to bill based on time incurred for a particular file. In many cases though, we have worked with clients to create alternative arrangements appropriate to the particular circumstances, based on the principles outlined above and solid communication. |