The company that makes the ubiquitous handheld device used by many lawyers and staffers, BlackBerry Ltd., has turned to its longtime outside counsel at Skadden, Arps, Slate, Meagher & Flom and Canadian firm Torys to help explore its strategic options.

The Waterloo, Ontario-based telecommunications and wireless equipment company announced Monday that its board of directors has formed a special committee to examine alternatives that include "possible joint ventures, strategic partnerships or alliances, a sale of the company or other possible transactions."