Paul, Weiss, Rifkind, Wharton & Garrison LLP (Paul, Weiss) is an international law firm headquartered on Sixth Avenue in New York City. The firm practices corporate, personal representation, entertainment law and litigation practices, and won the honor of having the "litigation department of the year for 2006", according to The American Lawyer The firm is also noted for corporate work in mergers and acquisitions (especially in the private equity arena), capital markets regulation, investment funds formation, high-yield debt offerings, bankruptcy and corporate reorganization, employee benefits and executive compensation, finance, intellectual property, real estate and tax law. In addition to its headquarters in New York, Paul, Weiss maintains offices in Washington, D.C., Wilmington, Delaware, Toronto, London, Tokyo, Beijing and Hong Kong. According to the Center for Responsive Politics, Paul Weiss was one of the top law firms contributing to federal candidates during the 2012 election cycle, donating $1.23 million, 81% to Democrats. By comparison, during that same period Akin Gump Strauss Hauer & Feld donated $2.56 million, 66% to Democrats, while oil conglomerate ExxonMobil donated $2.66 million, 88% to Republicans. Since 1990, Paul Weiss contributed $5.44 million to federal campaigns. On October 10, 2007, Paul, Weiss was included in a ranking of law firms by the national law student group Building a Better Legal Profession. The organization ranked firms by billable hours, demographic diversity, and pro bono participation. Paul, Weiss was noted as being in the top fifth of firms researched in number of Asian, female, and LGBT associates, and in all other categories it was rated in the 61st to 80th percentile except female partners (40th to 59th percentile) and Hispanic associates (21st to 40th percentile).