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Bingham McCutchen LLP
HeadquartersOne Federal Street
Boston, Massachusetts
No. of offices14
No. of attorneysapproximately 1,100
No. of employeesapproximately 2,500[1]
Major practice areasFinancial restructuring, securities, litigation, private equity, corporate finance, government affairs
Key peopleJay S. Zimmerman (Chairman)[1]
Date founded1891[2]
Company typeLimited Liability Partnership
WebsiteBingham.com

Bingham McCutchen LLP is a global law firm with approximately 1,100 attorneys in nine US offices and five international offices.[3] It represents clients in corporate litigation, cross-border restructurings and insolvencies, financing and securities, structured finance and capital markets, government affairs and a wide variety of corporate and technology transactions.[4]

The law firm was named 30th best company to work for in the 2009 Fortune magazine article, “100 Best Companies to Work For.”[5] This was the fifth consecutive year on the list for Bingham McCutchen, ranking 78th in 2005, 82nd in 2006, 94th in 2007 and 41st in 2008.[6] The firm has been awarded similar accolades by the San Francisco Chronicle, Los Angeles Business Journal, Orange County Business Journal, Washington Business Journal, Crain's New York Business, and Boston Business Journal.[7][8]

Since 1997, the company has experienced sharp growth in the number of attorneys, offices, and revenues by absorbing other law firms.[2][9] Bingham McCutchen has offices in Beijing, Boston, Hartford, Hong Kong, Lexington, London, Los Angeles, New York, Orange County, San Francisco, Santa Monica, California, Silicon Valley, Tokyo, and Washington, D.C.[3] Its offices are mainly concentrated in the California and East Coast areas. It also offers consulting services through subsidiaries Bingham Consulting and Bingham Strategic Advisors.[2]

History

In the 1990s, old line Boston-based firm Bingham, Dana & Gould embraced a growth strategy that would transform the firm from a regional heavyweight into a national and then international success story. In 1997, Bingham Dana acquired internationally-focused boutique law firm Marks & Murase with its list of Japanese clients. Bingham Dana opened in New York City with the 25-lawyer team from Marks. Then the next outpost was established in Hartford, Connecticut through a merger with 55-lawyer Hebb & Gitlin, a firm that concentrated on international bankruptcy work. In 2001, Bingham Dana bulked up in New York City through a merger with Richards & O'Neill, a boutique law firm of 55 attorneys known for its litigation and corporate groups. The next year, in 2002, Bingham Dana merged with San Francisco-based law firm McCutchen, Doyle, Brown & Enersen to form 800-lawyer strong Bingham McCutchen. McCutchen Doyle brought five offices and a strong litigation and intellectual property focus. In 2003, the firm expanded in Southern California by merging with corporate boutique Riordan & McKinzie. More recently, 2006 saw a merger between Bingham McCutchen and Swidler Berlin Shereff Friedman, a Washington, D.C.-based firm which brought greater capabilities in the nation's capital as well as a strong regulatory group. Bingham also launched in Hong Kong that same year. In 2007, the firm acquired Los Angeles litigation shop Alschuler Grossman and merged with two Tokyo-based firms to build one of the largest US presences in the Japanese capital.

In July 2009, Bingham McCutchen acquired McKee Nelson, a midsize law firm specializing in tax law and structured finance.[10]

Notable Mandates

  • Stephen M. Ross in his $1.1 billion purchase of 50% of the Miami Dolphins franchise and Dolphin Stadium.
  • The Ad Hoc Committee of Senior Secured Lenders who held nearly $1.6 billion in Delta Air Lines' secured debt backed by its aircraft in the company's Chapter 11 restructuring. Jane's Transport Finance awarded Bingham its Airline Restructuring Deal of the Year Award for the firm's role in Delta.
  • Appointed by the court, Hideyuki Sakai served as trustee in one of Japan's largest bankruptcy cases, the corporate reorganization of Chiyoda Mutual Life Insurance Col, a leading Japanese company with more than 2.94 trillion yen (approximately $27 billion) in liabilities.
  • Platinum Equity in numerous acquisitions and sales, including a $1.1 billion sale of PNA Group to Reliance Steel & Aluminum, and a $2 billion purchase of Ryerson Inc., a metals distributor and processor.
  • Cognos Inc. in its $5 billion acquisition by IBM Corp.
  • Bondholders committee in the €200 million restructuring of Schefenacker AG, a German auto parts maker.
  • Energy Investors Fund in the $850 million EIF Calypso power portfolio acquisition financing.
  • Filmmaker Michael Moore in a successful appeal of a defamation suit brought by a former soldier over the use of a television news interview clip in the documentary "Fahrenheit 9/11".
  • AT&T in its $47 billion acquisition by Cingular.
  • Time, Inc. in successful defense of a libel suit brought by a former bodyguard of Madonna over claims about him in her biography.

Guantanamo captive representation

A team of Bingham attorneys and staff, led by Susan Baker Manning and Sabin Willett, has represented pro bono a dozen Uighur men held in extrajudicial detention in the United States Guantanamo Bay detention camps, in Cuba.[11][12][13][14][15] Bingham has filed and extensively litigated numerous habeas corpus cases on behalf of their Uighur clients, as well as cases under the Detainee Treatment Act of 2005 that brought to light serious evidentiary and procedural flaws in the 2004-05 Combatant Status Review Tribunals that were used to justify the Uighurs' ongoing imprisonment. Thus far, six Bingham clients have been released: two to Albania and four to Bermuda.

Notable people

Recession Performance

Despite a deep recession which hurt law firms nationwide, the Boston Globe reported that Bingham performed very well financially.[16] In 2009, Bingham's gross revenues increased 12% and profits per partner increased 2%. Chairman Jay Zimmerman was quoted as saying "We’ve had our best year ever."

However, despite an increase in revenues and a "best year ever," Bingham froze salaries, and in March 2009 laid off 16 attorneys and 29 support staff.[17] A firm-wide memo explained that the layoffs were necessary to protecting the jobs of the more than 2000 remaining employees, a claim that appears at odds with Bingham's unusually strong performance that year.

Offices

Community service

Bingham McCutchen has made a fifteen-year commitment to provide pro bono legal services to the Harlem Chapter of Say Yes to Education.[18] Bingham attorneys extend their services to the family members of Say Yes students for the duration of the children's time in school.[19]

See also

References

  1. ^ a b "Bingham McCutchen - Company Overview - Hoover's". Hoover's, Inc.
  2. ^ a b c "Bingham McCutchen - Company Description - Hoover's". Hoover's, Inc.
  3. ^ a b "Bingham McCutchen | Offices". Bingham web site. Retrieved 2008-01-16.
  4. ^ "Bingham McCutchen Organizational Profile". The National Law Review. January 3, 2013. Retrieved 6 May 2013.
  5. ^ "100 Best Companies to Work For 2007: Bingham McCutchen snapshot | FORTUNE". CNN Money.
  6. ^ "100 Best Companies to Work For: Bingham McCutchen". CNN Money.
  7. ^ "Boston Business Journal, Best Places to Work".
  8. ^ "Employers of Excellence / #1 Large-Size Company Award Winner: Bingham McCutchen". San Francisco Chronicle. 2005-09-19. Retrieved 2008-01-16. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  9. ^ "Charting Our Growth". Bingham web site. Retrieved 2008-01-16.
  10. ^ Beck, Susan (2009-06-09). "Bingham McCutchen acquires McKee Nelson". The American Lawyer. Incisive Media. Retrieved 2009-07-07.
  11. ^ William Glaberson (September 12, 2007). "Officials Cite Danger in Revealing Detainee Data". New York Times. p. A18. Retrieved 2007-09-12.
  12. ^ Josh White (December 24, 2005). "Detainees Face Limited Access to Courts: But Bill Awaiting Bush Signature Would Shield Terror Suspects from U.S. Abuse". Washington Post. pp. page A04. Retrieved 2008-01-05. {{cite news}}: |pages= has extra text (help)
  13. ^ Sabin Willett (September 27, 2006). "The Innocent Man at Guantanamo". International Herald Tribune. Retrieved 2008-01-19.
  14. ^ P. Sabin Willett (November 14, 2005). "Detainees Deserve Court Trials". Washington Post. pp. A21. Retrieved 2008-01-19.
  15. ^ Sabin Willett (December 3, 2007). "I will never leave Guantanamo". Boston Globe. Retrieved 2008-01-19.
  16. ^ Chellel, Kit (2010-02-05). "Profits soar for law partners". The Boston Globe.
  17. ^ Elie Mystal (5 March 2009). "Nationwide Layoff Watch: Bingham McCutchen Cuts 39 Overall". Retrieved 28 October 2010.
  18. ^ "Jamie F. Dockray", Bingham McCutchen, bingham.com, accessed December 1, 2010.
  19. ^ "Bingham McCutchen", Say Yes to Education, accessed December 1, 2010.
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