Willkie Farr & Gallagher
|Headquarters||AXA Equitable Center|
787 Seventh Avenue
New York, NY 10019
|No. of offices||10 total; 6 international|
|No. of attorneys||700 (2019)|
|Major practice areas||Antitrust, Asset Management, Business Restructuring, Commercial Litigation, Corporate M&A, Insurance, Intellectual Property, Private Equity, Real Estate, Securities Litigation, Tax|
|Revenue||$817 million (2018)|
|Founder||William B. Hornblower and|
|Company type||Limited liability partnership|
Willkie Farr & Gallagher LLP is an international law firm founded in 1888. It has 700 lawyers, in 10 offices in six countries (including offices in New York, Washington, D.C., Houston, Palo Alto, Paris, London, Rome, Milan, Frankfurt, and Brussels). The firm specializes in corporate practice. Supreme Court Justices Felix Frankfurter and Charles Evans Hughes began their careers at the firm, as did former Supreme Court nominee Robert Bork, and former New York Governor Mario Cuomo served as of counsel at Willkie Farr after leaving office. The law firm's profits per equity partner were $2.97 million in 2018, 17th-highest in the nation.
The firm was founded in 1888, with four lawyers. The original firm was Wall Street stalwart Hornblower & Byrne, which was founded by William B. Hornblower and James Byrne, and was located at 280 Broadway in New York City. Hornblower was a prominent ally of President Grover Cleveland and rose to serve as President of the Association of the Bar of the City of New York, as well as sit as a judge on the New York Court of Appeals.
Early clients in the 1890s included the New York Life Insurance Company; the New York Securities and Trust Company (later the New York Trust Company); The Rome, Watertown, Ogdensburg and Parsons Railroad; Grant & Ward, a brokerage firm partnership between ex-President Ulysses S. Grant and Ferdinand Ward; the Otis Elevator Company; the United States Ship Building Company; and Thomas A. Edison.
Two associates, Felix Frankfurter (who started his legal career at the firm in 1906) and Charles Evans Hughes, have served as Justices of the US Supreme Court, with Hughes serving as Chief Justice.
Two partners have served as American Bar Association President. The first was Charles A. Boston (who became an associate at the firm in 1901 when it was Hornblower, Byrne, Miller & Potter) in 1930-31. He was followed by Harold J. Gallagher (who initially joined the firm in 1917 when it was Hornblower, Miller & Garrison) in 1949-50.
In 1931, the firm merged with the law firm of Miller, Otis and Farr. At that point, in total the firm had 12 partners and 24 associates, making it one of New York's larger firms. In 1939, the firm hired its first female associate, Mary MacDonagh.
In January 1940 Harold J. Gallagher, one of the most influential partners in the history of the firm, extended an offer to Wendell Willkie to join the firm then known as Miller, Boston & Owen. This was several months before Willkie received the Republican nomination for President. After losing the Presidential election to the incumbent FDR, Willkie joined the firm and became a partner in 1941. The firm's name was changed a year later to Willkie, Owen, Otis & Bailly, and later to Willkie, Owen, Otis, Farr & Gallagher. Willkie later became F.D.R.'s personal envoy to many countries, promoting the Lend-Lease program. He later wrote a book about his travels entitled One World, a plea for global cooperation and peacekeeping. In 1947, his estate's interest in the law firm was valued at $125,000 ($1,403,000 in current dollar terms). That year, the customary hourly rate of a Willkie partner was $50 ($600 in current dollar terms) an hour.
Major clients during this period included insurance companies such as Metropolitan Life Insurance Company; New York Life; Equitable; Aetna; Connecticut General; John Hancock; and Prudential for which the firm represented for a number of industry private placements.
Throughout the 1960s, Gallagher-lead Willkie was occupied with railroad reorganizations, setting the stage for the firm's emergence as a bankruptcy powerhouse. In 1968 the firm adopted its current name, Willkie Farr & Gallagher. From 1969 to 1995, Bob Hodes was the Chairman of the firm. In 1977, Patricia S. Skigen became the firm's first female partner. That year, the firm moved to One Citicorp Center.
The firm was long known for its representation of Major League Baseball. Former Willkie Farr partner Bowie Kuhn served as Commissioner of Baseball from 1969-1984. Willkie Farr represented Major League Baseball in the famous Curt Flood free agency/antitrust case in the United States Supreme Court in 1970, and successfully litigated famous cases such as the Pine Tar Game in 1983 as well as, later in the 1980s, against Pete Rose regarding the highly publicized gambling case.
In 1993 Willkie suffered a precipitous drop in business when Shearson Lehman, which accounted for one-third of Willkie Farr billings, was sold to The Travelers Companies. The firm consequently adopted a policy that no client would account for more than five percent of its business.
In 1994, corporate partner Nora Ann Wallace became the first female member of the firm's Executive Committee. Beginning in 1995, and for the next two decades, Mario Cuomo (the former 52nd Governor of New York, the Lieutenant Governor of New York, and the Secretary of State of New York) was of counsel at Willkie Farr.
In 2007, Willkie announced a stragic alliance with Dickson Minto, a boutique law firm with offices in London and Edinburgh that specializes in private equity, with both continuing to operate independently of each other. Willkie was recognized in 2015 as being in 'Band 1' (the top ranking) on the national scale for its work in eight practice areas according to Chambers & Partners, a British legal publication.
The American Lawyer ranked Willkie Farr 47th in gross revenue, with $772 million in 2017, and in the 2018 Global 200 survey it was ranked the 57th-highest-grossing law firm in the world. It had 145 equity partners, and its profits per equity partner were $2.97 million, 17th-highest in the nation. In size, it was ranked the 68th-largest law firm in the United States.
Willkie Farr's significant practice areas include:
- Antitrust and Competition
- Asset Management
- Business Reorganization and Restructuring
- Communications, Media & Privacy
- Corporate and Financial Services
- Environment, Health & Safety
- Executive Compensation and Employee Benefits
- Government Relations
- Insurance & Reinsurance
- Intellectual Property
- Private Clients Group
- Real Estate
- White Collar Investigations & Compliance
- Represents SAC Capital Advisers in connection with insider trading charges brought by the Department of Justice.
- Represents Hudson’s Bay Company in its $2.9 billion cross-border acquisition of Saks Incorporated.
- Represented consortium of banks in €71.1 billion takeover offer for ABN AMRO.
- Represented J.Crew CEO Millard Drexler as part of the buying group in $3 billion acquisition of J. Crew.
- Represented Bloomberg in agreement to acquire BusinessWeek from McGraw-Hill.
- Counseled Sprint in $35 billion merger with Nextel.
- Advised Adelphia Communications in $17.6 billion sale to Time Warner.
- Advised Comcast in $13.75 billion joint venture with GE.
- Advised Bank of America Merrill Lynch, financial advisor to Heinz, in Berkshire Hathaway and 3G Capital's $28 billion acquisition of Heinz.
- Advised Fiat in $1.27 billion completion of Chrysler’s refinancing.
- Advised MetLife, Inc. in connection with the remarketing of $1 billion of debentures.
- Advised MasterCard in an antitrust case with claims amounting to more than $1 billion.
- Won dismissal of several IPO derivative cases against Facebook.
- Obtained settlement for Lime Wire in an action brought by the music industry.
The top represented law schools at Willkie Farr include New York University School of Law (the school representing the highest number of firm partners), Harvard Law School, Yale Law School, University of Pennsylvania Law School, Columbia Law School, Georgetown University Law Center and University of Virginia Law School.
Some of the firm's notable current partners include:
- Barry Barbash – served as the Director of the Securities and Exchange Commission's Division of Investment Management from 1993 until 1998.
- Michael Schachter – former Assistant US Attorney who prosecuted Martha Stewart for insider trading and obstruction of justice.
- Robert Bork – Professor, Yale Law School; Solicitor General of the United States; judge on the U.S. Court of Appeals for the D.C. Circuit
- Bennett Capers – Professor, Brooklyn Law School
- Danielle Citron – Professor, University of Maryland School of Law
- Roberta Karmel – former SEC Commissioner, Centennial Professor of Law & Co-Director, Center for the Study of International Business Law, Brooklyn Law School
- Jae-Min Lee – Professor, Hanyang University School of Law (Korea)
- Ruth Mason – Professor, University of Virginia School of Law
- Rafael Pardo – Professor, Emory University School of Law
- Pamela Samuelson – Distinguished Professor & Director, Berkeley Center for Law & Technology; U.C. Berkeley School of Law
- Jeffrey A. Schoenblum – Professor, Vanderbilt Law School
- Andrew Simons – Vice Dean Emeritus, Acting Dean, St. Johns University School of Law
- Donald J. Weidner – Dean, Florida State University College of Law
- Harold G. Wren – Dean and Professor of Law, the Brandeis School of Law at the University of Louisville, the Northwestern School of Law, Lewis & Clark College (1969-72), and the T.C. Williams School of Law at the University of Richmond.
- Shelley C. Chapman – Judge, U.S. Bankruptcy Court, Southern District of New York
- Felix Frankfurter – Associate Justice, U.S. Supreme Court
- Rachel Freier – Judge, New York City Criminal Court; first Hasidic Jewish woman to hold public office in United States history; was a paralegal at Willkie Farr.
- Marcy Friedman – Judge, New York State Supreme Court, New York County
- William Hornblower – Judge, New York Court of Appeals; Supreme Court nominee; President of New York City Bar Association
- Charles Evans Hughes – Chief Justice, U.S. Supreme Court; U.S. Secretary of State; Governor of New York
- Chester J. Straub – Judge, U.S. Court of Appeals for the Second Circuit
- Elizabeth Stong – Judge, U.S. Bankruptcy Court, Eastern District of New York
- Patricia Anne Williams – Judge, New York City Criminal Court, Bronx County
- Norman Bay – U.S. Attorney for the District of New Mexico; first Chinese-American U.S. Attorney; Chairman of the Federal Energy Regulatory Commission.
- Robert Bork – U.S. Solicitor General
- Mario Cuomo – the 52nd Governor of New York, the Lieutenant Governor of New York, and the Secretary of State of New York.
- E. Donald Elliott – General Counsel of the U.S. Environmental Protection Agency (EPA); Adjunct Professor, Yale Law School
- Robert E. Fabricant – General Counsel of the U.S. Environmental Protection Agency (EPA)
- Lindley Miller Garrison – U.S. Secretary of War during World War I
- David Goodfriend – Deputy Staff Secretary to President William J. Clinton
- Charles Evans Hughes – U.S. Secretary of State; 36th Governor of New York
- Craig Johnson – New York State Senator
- Roberta Karmel – Commissioner of the Securities Exchange Commission, 1983-1987
- Sean Patrick Maloney – United States Representative for New York's 18th District
- Nathan Lewis Miller – 43rd Governor of New York
- Benito Romano – U.S. Attorney for the Southern District of New York; first Puerto Rican to hold the U.S. Attorney post
- Wendell Willkie – 1940 US Presidential candidate, and author of One World
- Kenneth Bialkin – Chairman of the Anti-Defamation League of B’nai B’rith; Chairman of the Conference of Presidents of Major American Jewish Organizations; co-Chairman of Willkie Farr
- Charles A. Boston – President, American Bar Association
- Gordon Caplan – former co-chairman of the firm. Named 2018 “Dealmaker of the Year” by The American Lawyer. Arrested and indicted in March 2019 as a parent participant in the 2019 college admissions bribery scandal, for conspiracy to commit mail fraud and wire fraud; the firm placed him on indefinite leave the next day. A guilty plea deal in United States v. Gordon Caplan was filed by United States Attorney Andrew Lelling on March 27, 2019. Caplan is represented by Joshua Levy and Michael McGovern of Ropes and Gray.
- Louis A. Craco – President, New York City Bar Association
- Harold J. Gallagher – President, American Bar Association
- Bowie Kuhn – Major League Baseball (MLB) Commissioner
- Joel Litvin – General Counsel and President of League Operations, National Basketball Association (NBA)
- Paul Mecurio – Emmy Award-winning comedian; writer on The Daily Show with Jon Stewart
- Susan Thomases – Personal counsel and adviser to Hillary Clinton
The firm has 700 lawyers, in 10 offices in six countries (including offices in New York, Washington, D.C., Houston, Palo Alto, Paris, London, Rome, Milan, Frankfurt, and Brussels).
- "About Us"
- Gartner's firm profile
- Cerabino's firm profile
- "Keeping Equity Tiers in Check, New York's Top Firms Record New Profit Highs" The American Lawyer.
- Brian Dalton. Vault Guide to the Top 100 Law Firms
- "Firm History"
- "Charles A. Boston, 1863-1935 In Memoriam," 21 American Bar Association Journal 1935.
- "H.J. GALLAGHER, 86, WILLKIE ASSOCIATE," The New York Times.
- "Veteran Lawyer recalls Wilkie's '40 campaign," The Hawk Eye, Page 3, August 24, 1972
- "Willkie Returning to the Practice of Law As Senior Partner of a New York Firm". The New York Times. April 17, 1941.
- George Derby, James Terry White (1945). The National Cyclopædia of American Biography: Being the History of the United States as Illustrated in the Lives of the Founders, Builders, and Defenders of the Republic, and of the Men and Women who are Doing the Work and Moulding the Thought of the Present Time, Volume 32.
- "WILLKIE PARTNER ROBERT STEBBINS NAMED GENERAL COUNSEL OF THE SECURITIES AND EXCHANGE COMMISSION"
- Trusts and Estates, Volumes 84-85, 1947.
- Federal Supplement: Cases Argued and Determined in the District Courts of the United States and the Court of Claims, with Key Number Annotations, Volume 68, West Publishing Company, 1947.
- International Directory of Company Histories - Google Books
- Kurt F. Stone. The Jews of Capitol Hill: A Compendium of Jewish Congressional Members
- Vault Reports Guide to America's Top 50 Law Firms - H. S. Hamadeh, Vault Reports, Mark Oldman, Marcy Lerner, Edward Shen, Dough Cantor, Michael Hasday - Google Books
- Vault Guide to the Top 100 Law Firms - Brook Moshan - Google Books
- "Mario Cuomo" | Society for American Baseball Research
- Willkie Forms Alliance With UK's Dickson Minto
- "Chambers 2015 Directories Recognize Willkie with 91 Attorney and 35 Practice Area Rankings"
- "Willkie Farr Gallagher" | Law.com
- "Willkie Farr & Gallagher LLP" | Law.com
- "The 100 Top Law Firms by Profits Per Partner in 2018"
- People / Barry Barbash: From Sec In D.C. To M&A Worldwide
- Martha Stewart prosecutor joins Midtown firm
- "Former Solicitor General Robert Bork Dies," December 19, 2012.
- Ruth Mason | University of Virginia School of Law
- "About the Contributors"
- The Virginia Bar Association Journal
- "E. Donald Elliott" - Yale Law School
- "Second Former EPA General Counsel Bob Fabricant Joins Firm's Environmental Practice"
- "Lawyer to Head Jewish Group," The New York Times, June 10, 1984.
- James F. Peltz (December 30, 1986). "Lawyers, Bankers Rush To Close Deals by Yearend"
- Charles A. Boston, 1863-1935 In Memoriam 21 American Bar Association Journal 1935
- "Willkie Cuts Ties as Gordon Caplan Plans Guilty Plea in College Cheating Case", Law.com, The American Lawyer, April 5, 2019. Retrieved April 9, 2019.
- Rick Mitchell. "Others, in College Entrance Bribery Case", March 13, 2019, Bloomberg Law, BigLaw Business.com. Retrieved March 14, 2019.
- "A Top Lawyer Will Plead Guilty in the College-Admissions Scandal", by Matthew Goldstein, The New York Times, April 5, 2019. Retrieved April 9, 2019.
- "Willkie's Gordon Caplan Is Obscure No More",The American Lawyer.
- "Operation Varsity Blues - Department of Justice". www.justice.gov. Archived from the original on March 12, 2019.
- Owens, David. "Former Yale soccer coach and prominent Greenwich lawyer among dozens indicted in sweeping college admissions bribery scandal". courant.com. Retrieved March 13, 2019.
- Strom, Roy. "Willkie Co-Chair Gordon Caplan Placed on Leave Amid Admissions Scandal". The American Lawyer. Retrieved March 14, 2019.
- dal-probe/ "Caplan's Plea Deal With Prosecutors Calls for Prison Time", by Jack Newsham, The American Lawyer, April 8, 2019. Retrieved April 9, 2019.
- Andrew E. Lelling , U.S. Department of Justice, District of Massachusetts,March 27, 2019. Retrieved April 9, 2019.
- H.J. GALLAGHER, 86, WILLKIE ASSOCIATE - The New York Times
- "Alumnus of the Month December 2008" | NYU School of Law