Wachtell, Lipton, Rosen & Katz
 | |
| Headquarters | CBS Building New York City, United States |
|---|---|
| No. of offices | 1 |
| No. of attorneys | 260 |
| Major practice areas | General practice |
| Revenue |  (−0.9%) US$580 million (2010)[1] |
| Date founded | 1965 |
| Founder | Herbert Wachtell, Jerry Kern |
| Company type | General partnership |
| Website | www |
Wachtell, Lipton, Rosen & Katz is a law firm which operates out of a single office in New York City. The firm is known for business law, regularly handling the largest and most complex transactions.[2] The firm is also noted for having the highest profit per partner of any law firm in the United States.[3]
History
The firm was founded in 1965 by Herbert Wachtell and Jerry Kern, who were shortly afterwards joined by Martin Lipton, Leonard Rosen, and George Katz.[4][5]
The firm rose to prominence during a time on Wall Street in which many brokers and investment bankers started their own small companies, but received little attention from established white-shoe law firms such as Sullivan & Cromwell, Simpson Thacher & Bartlett, and Cravath, Swaine & Moore.[5]
The firm is known for its skill in mergers and acquisitions. One of the founding partners, Martin Lipton, invented the so-called "poison pill defense" during the 1980s to foil hostile takeovers. Working both sides of the mergers and acquisitions game, Wachtell Lipton has represented blue-chip clients like AT&T, Pfizer, and JP Morgan Chase.[6] The firm is also known for its skill in business litigation, and has handled many of the precedent-setting Delaware corporate governance cases.
The firm was ranked as the "Most Prestigious Law Firm to Work For" back in 2007 by the AveryIndex.[7] Along with rival Skadden, Arps, it was also cited in Malcolm Gladwell's Outliers.[8] Wachtell has been regarded as the "hardest firm in the U.S. to get a job in."[9]
Notable alumni
- William T. Allen, of counsel — former Chancellor of the Delaware Court of Chancery; NYU Law School professor
- James Cole, partner — Acting Deputy Secretary of Education
- Allison Christians, associate — H. Heward Stikeman chair in Taxation: McGill University Faculty of Law
- Miguel Estrada — attorney and former judicial nominee
- Glenn Greenwald, associate — political columnist and blogger[10]
- Maura R. Grossman, of counsel — professor at the University of Waterloo and electronic discovery attorney[11]
- Elizabeth Holtzman, associate — former U.S. Representative and Brooklyn District Attorney
- Robert J. Jackson, Jr., associate — Commissioner of the U.S. Securities and Exchange Commission
- David Lat, associate — blogger, Underneath Their Robes and Above the Law
- Kenneth K. Lee, associate — nominee to United States Court of Appeals for the Ninth Circuit
- Robert Morgenthau, of counsel — former New York County District Attorney[12]
- Bernard Nussbaum, partner — former White House Counsel to President Bill Clinton
- George Postolos, associate — former President and CEO of Houston Rockets
- Samuel Rascoff, associate —NYU Law School professor
- Jed Rubenfeld, associate — Yale Law School professor
- Andrew Schlafly, associate — founder of Conservapedia, General Counsel for Association of American Physicians and Surgeons[13]
See also
References
- ^ http://www.law.com/jsp/tal/PubArticleTAL.jsp?id=1202514395169 AM Law 100 Gross Revenue
- ^ https://www.chambersandpartners.com/USA/firm/4210/wachtell-lipton-rosen-katz
- ^ "The 2018 Am Law 100 Ranked by: Profits Per Equity Partner". Law.com. The American Lawyer. April 24, 2018. Retrieved August 5, 2018.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ The Scoop: Wachtell, Lipton, Rosen & Katz
- ^ a b Cole, Brett (2008). "Godfathers—Flom and Lipton". M&A Titans: The Pioneers Who Shaped Wall Street's Mergers and Acquisitions Industry. Wiley. ISBN 9780470126899.
- ^ Summary of corporate practice.
- ^ 2007 Law Firm Rankings
- ^ "New Book Reveals Secrets to Joe Flom's Success". amlawdaily.typepad.com. Retrieved 2018-04-16.
- ^ "Keeping a Butterfly and an Elephant in a House of Cards: The Elements of Exceptional Success". pages.stern.nyu.edu. Retrieved 2018-04-16.
- ^ Salon (2010). Glenn Greenwald. Retrieved May 11, 2010.
- ^ American Lawyer (2016). The Wachtell Way of EDiscovery. Retrieved June 16, 2016.
- ^ New York Times (2010). Dealbook - Wachtell’s Newest Hire: 90-Year-Old Morgenthau. Retrieved May 11, 2010.
- ^ Chen, Vivia (July 9, 2007). "Shhh! Pro Bono's Not Just for Liberals Anymore". The American Lawyer. Retrieved October 31, 2010.