The firm was listed by the Legal Times as one of three DC firms "particularly well positioned to reap the benefits of the regulatory upheaval," now that congress seems certain to pass a financial services modernization bill "tearing down the barriers between the banking, insurance and securities industries," which have been established by the Glass-Steagall Act of 1933 ("Glass-Steagall: The Walls Come Tumbling Down," November 1, 1999, p. 1).