Practice Areas & Industries: Fulbright & Jaworski L.L.P.

Practice/Industry Group Overview

Fulbright & Jaworski's Public Finance Practice Group provides legal counsel to help clients achieve their aims in the municipal securities marketplace as expeditiously and effectively as possible. Our municipal securities practice annually ranks as one of the most active in the nation. Our firm ranked sixth in the Nation as bond counsel in 2002, when we closed 349 municipal securities issues totaling $9.2 billion in principal amount. Our attorneys have extensive experience as bond counsel, disclosure counsel, special tax counsel and general counsel to issuers of tax-exempt obligations and as counsel to their underwriters, credit enhancers and liquidity providers.

Services Available

Issuers of tax-exempt obligations look to the Public Finance attorneys at Fulbright & Jaworski as bond, disclosure, and general counsel for:

• States and territories
• Municipalities
• Counties
• Schools
• Public power systems
• Special purpose districts
• Correctional facilities
• Health care facilities
• Higher education facilities
• Student loans
• Housing
• Land development infrastructure
• Environmental facilities
• Economic and industrial development
• Special facilities: sports stadiums and convention centers

Public Finance: Our Competitive Advantage

Public Finance attorneys at Fulbright & Jaworski draw upon extensive and varied experience to help clients achieve their aims in the municipal marketplace in the most time- and cost-efficient manner. Experience representing institutional investors and credit enhancers, for example, gives us the knowledge to negotiate financial and operational covenants that provide flexibility for our issuer and borrower clients, yet gain market acceptance for our clients' securities. Similarly, our experience as general and bond counsel for governments positions us to better protect the interests of underwriters, institutional investors, credit enhancers, investment contract providers and swap providers. Our broad experience gives us a strategic edge over lawyers at firms that do not have extensive experience in representing all types of participants in the municipal securities marketplace.

Similarly, unlike firms that specialize in municipal practice, Fulbright & Jaworski draws on equal experience in a wide variety of allied legal practice areas. Because we serve clients in all areas of civil law, our Public Finance Practice Group is able to respond to a broad range of client needs. Our experience with Corporate, Securities, Tax, Bankruptcy, Energy, Environmental, Labor and Employment, Health Law, Project Finance, Equipment Financing, Real Estate, Employee Benefits and Litigation provides a range of new techniques and experience that we apply to the advantage of our group's municipal securities transactions.

Through geographically diverse staffing and state-of-the-art communications, Fulbright & Jaworski offers clients both the service associated with local counsel and the experience, knowledge, and support of a large, national practice. We are involved in public service activities related to municipal finance and the communities in which we live. These activities improve our knowledge of the municipal securities market and provide valuable insight that benefits our clients.

Fulbright's Public Finance attorneys are actively involved in the National Association of Bond Lawyers (NABL), the American College of Bond Lawyers and selected industry associations. Through these organizations, we donate hundreds of hours of time each year. By staying abreast of regulatory developments and new financing techniques, our Public Finance Practice Group offers clients superior representation.