Skadden was named the U.S. News — Best Lawyers "Law Firm of the Year" in both the Banking & Finance Law and the Commercial Litigation categories as part of the publication's 2016 "Best Law Firms" survey (November 2, 2015). Skadden also was recognized as a leading firm in 177 separate practices and regions, receiving 137 "Tier 1" rankings. Rankings are based on client evaluations and peer reviews from leading attorneys in their fields.