After Six Years, New #1 Law Firm Emerges in Vault Guide; Wachtell Tops in Prestige Ranking;...

Business Editors/Legal Writers

NEW YORK--(BUSINESS WIRE)--July 21, 2003

Today Vault, Inc. (http://www.Vault.com) officially releases the Vault Guide to the Top 100 Law Firms, 6th Edition, a 744-pp. "insider" guidebook to the leading law firms in America. In the book,

The book also includes the results of Vault's exclusive Associate Survey of 11,908 lawyers, who ranked the nation's top firms in prestige on a 1-10 scale. This year's survey was conducted spring 2003.

Says Vault founder Mark Oldman, "Vault's Top 100 Law Firms guidebook remains the only updated insider guide to law firms, and we're grateful to the nearly 12,000 lawyers across the United States who participated in this year's extensive Vault survey."

Prestige Rank             Law Firm
-------------             --------
1.                        Wachtell, Lipton, Rosen & Katz

2.                        Cravath, Swaine & Moore

3.                        Sullivan & Cromwell

4.                        Davis Polk & Wardwell

5.                        Skadden, Arps, Slate, Meagher & Flom

6.                        Simpson Thacher & Bartlett

7.                        Cleary, Gottlieb, Steen & Hamilton

8.                        Covington & Burling

9.                        Latham & Watkins

10.                       Weil, Gotshal & Manges

The Vault Guide to the Top 100 Law Firms, 6th ed., also includes exclusive rankings of firms by practice area, as well as rankings of the best firms for quality of life and diversity. It is available in bookstores nationwide or can be ordered by visiting Vault's bookstore at: http://www.vault.com/nr/law_rankings/law_rankings2004.jsp?ch_id=242

About Vault, Inc.

Vault, Inc. is the leading media company focused on careers. Vault is celebrated for its online resource, www.vault.com, which offers recruiting services for employers, detailed "inside" information on over 3,000 companies and 70 industries, as well as the much-praised Electronic WaterCooler(TM), the Internet's first-ever network of expert-moderated message boards for professionals. Offline, Vault offers over 80 nationally-distributed print books, a syndicated newspaper column, and a personalized resume review and career coaching service for job seekers. Vault was founded in 1997 by Hussam Hamadeh, Samer Hamadeh, and Mark Oldman.