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Powell Goldstein Ranks First in U.S. for Most M&A Banking Deals in SNL Financial Report

    WASHINGTON, Dec. 13 /PRNewswire/ -- Powell Goldstein LLP is pleased to
announce that it has ranked first nationally for the highest volume of M&A
Banking Deals, according to a report released by SNL Financial and
published in the ABA Banking Journal. As of October 19, 2006, the firm had
completed 15 bank deals during the calendar year, worth a combined $1.35
billion. Four law firms tied for second position behind Powell Goldstein
with 10 bank deals each. The report is published in the Journal's December
issue.
    SNL Financial is the premier sector-specific information and research
firm in the financial information marketplace. Through a comprehensive
research process, it collects, standardizes and disseminates all relevant
corporate, financial, market and M&A data, as well as news and analysis,
for the industries it covers, including banking, specialized financial
services, insurance, real estate, and energy.
    "We are certainly very pleased to be ranked at the top for M&A deals,
because we feel it is a reflection of our clients' satisfaction. To us,
that is the most important gauge of our success and we are dedicated to
delivering that every day," said Walter G. Moeling IV, chair of Powell
Goldstein's Financial Institutions Practice.
    Powell Goldstein's Financial Institutions Practice has been ranked
nationally in the top tier for M&A legal advisers for the past several
years and has 17 core banking attorneys focus on regulatory, corporate and
securities matters for its more than 250 financial institution clients.
Approximately 50 other Powell Goldstein attorneys regularly provide
litigation, lending, work-out, bankruptcy, employment law, employee
benefit, intellectual property, tax, fiduciary law (including personal
estate planning for bankers), real estate and similar legal specialty work
for the firm's financial institution clients. The members of the group have
worked with hundreds of banks across the country for many years and offer
clients a broad spectrum of practical experience and legal knowledge of the
structure and regulation of financial institutions.
    Powell Goldstein LLP was established in 1909 and has nearly 300
attorneys who provide legal counsel to clients in a wide variety of
practices from offices in Atlanta, Washington, and Dallas. For more
information, visit http://www.pogolaw.com or call 404.572.6613.


SOURCE Powell Goldstein LLP




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    CONTACT:
    Cari Brunelle, +1-302-656-6096, or
    brunellec@jaffeassociates.com, for Powell Goldstein LLP