Chicago firms’ New York offices have built some of the strongest litigation groups around, and they have made substantial inroads in transactional practices like bank finance, corporate debt and structured finance. Securitization, in particular, is emerging as something of a Chicago specialty.

ACCORDING to the Chicago Public Library’s Web site, the Windy City takes its nickname not from the wind howling off of Lake Michigan but from the boosterism-inspired claims 19th century Chicago businessmen made to East Coast investors. Detractors said the Chicagoans were full of wind.

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