In the 2012 edition of The Legal 500 United States, Cravath is ranked in the first tier nationally in ten areas: Bank Lending; Capital Markets: Debt Offerings (Advice to Issuers); Capital Markets: Debt Offerings (Advice to Managers); Capital Markets: Equity Offerings (Advice to Managers); Capital Markets: High-Yield Debt Offerings (Advice to Managers); Domestic Tax: East Coast; M&A: Mega-Deals (over US$5 billion); Securities: Shareholder Litigation; Financial Services Litigation; and M&A Litigation. For the past two years, more lawyers from Cravath have been ranked as “Leading Lawyers” in International Tax than from any other firm in the nation.