Only logged-in users can create and edit pages

Difference between revisions of "Skadden, Arps, Slate, Meagher & Flom"

From wikilawschool.net. Wiki Law School does not provide legal advice. For educational purposes only.
Jump to: navigation, search
m (1 revision imported: Mass import from wikipedia.org)
m (Automatic updating of infobox template including filling in data for law firm salary data.)
Line 1: Line 1:
 
{{Infobox Law Firm
 
{{Infobox Law Firm
| firm_name = Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
+
| logo                      = [[Image:Skadden, Arps, Slate, Meagher & Flom_logo.png|200px]]
| firm_logo = [[File:Skadden.svg|200px]] |
+
| headquarters             = Palo Alto; CA
| headquarters = [[4 Times Square]]<br>[[New York City]]<br>[[United States]]<ref>{{cite web |url=http://www.lawyer.com/firm/skadden-arps-slate-meagher-flom-llp-4485952.html |title=Skadden Arps Slate Meagher & Flom, LLP |publisher=Lawyer.com |accessdate=November 20, 2015}}</ref>
+
| num_offices              = 22
| num_offices = 22
+
| offices                  =  
| num_attorneys = Approximately 1,700 <ref>{{cite web |title=Forbes America's Largest Companies|url=https://www.forbes.com/companies/skadden-arps|accessdate=November 21, 2016}}</ref>
+
| num_attorneys             = 1,742
| num_employees = 3,500 (estimate, including partners)
+
| num_employees             = 3,500 (estimate, including partners)
| practice_areas = Transactions, litigation/controversy and regulatory<ref>{{cite web |url=http://www.skadden.com/index.cfm?contentID=4&viewType=1 |title=Practices - Skadden, Arps |publisher=Skadden.com |date= |accessdate=2014-02-08}}</ref>
+
| practice_areas           = Transactions, litigation/controversy and regulatory<ref>{{cite web
| key_people = Eric J. Friedman<ref>{{cite web |title=Eric J. Friedman – Skadden |url=https://www.skadden.com/professionals/eric-j-friedman |publisher=Skadden.com}}</ref><br /><small>[[Partner (business rank)|Executive partner]]</small><br />Claudia I. Joyce<ref>{{cite web |title=Claudia Joyce – Skadden |url=https://www.skadden.com/professionals/claudia-i-joyce |publisher=Skadden.com}}</ref><br /><small>[[Executive director|Executive director / Strategy]]</small><br />Noah J. Puntus<ref>{{cite web |title=Noah Puntus – Skadden |url=https://www.skadden.com/professionals/noah-j-puntus |publisher=Skadden.com}}</ref><br />[[Executive director|Executive director / CFO]]
+
| established              =  
| revenue = [[United States dollar|US$]] 2.41 billion (2015) <ref>{{Cite web|url=https://www.forbes.com/companies/skadden-arps|title=Forbes America's Largest Private Companies|accessdate= November 21, 2016 }}</ref>
+
| key_people               = Executive partner Executive director / Strategy Executive director / CFO
| date_founded = April 1, 1948
+
| revenue                   = US$
| founder = Marshall Skadden, John Slate, and Les Arps
+
| profit_per_equity_partner =  
| company_type = [[Limited liability partnership]]
+
| billable_hours            =  
| homepage = [http://www.skadden.com www.skadden.com]
+
| website                  =  
 +
| nalp_profile              =  
 +
| nickname                  =  
 
}}
 
}}
'''Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates '''(often shortened to '''Skadden Arps'''; '''Skadden'''; or '''SASM&F'''), founded in 1948, is an [[international]] [[law firm]] based in [[New York City]]. With approximately 1,700 attorneys, it is one of the highest-grossing law firms in the world.<ref name="AmLawGlobal100">https://www.skadden.com/the-firm (retrieved Nov. 21, 2016)</ref> ''[[Forbes]]'' magazine has called Skadden "[[Wall Street]]'s most powerful law firm." The firm has been ranked "America's Best Corporate Law Firm" in ''Corporate Board Member''{{'}}s survey of public company directors every year since 2001.<ref name="fticonsulting1">{{cite web |url=http://www.fticonsulting.com/global2/press-releases/united-states/americas-top-corporate-law-firms-for-2013.aspx |title=America's Top Corporate Law Firms for 2013 |publisher=FTI Consulting |date=2013-05-14 |accessdate=2014-02-08}}</ref><ref>{{cite news |url=https://www.forbes.com/2009/01/23/skadden-merger-takeover-business-cx_df_0123skadden.html |title=Wall Street's Most Powerful Law Firm |publisher=Forbes |date= |accessdate=2014-02-08 |first=Daniel |last=Fisher}}</ref>
+
{{Law Firm Pay Scale
 +
| year            = 2017
 +
| salary_1st_year = 180
 +
| bonus_1st_year  =
 +
| salary_2nd_year = 190
 +
| bonus_2nd_year  =
 +
| salary_3rd_year = 210
 +
| bonus_3rd_year  =
 +
| salary_4th_year = 235
 +
| bonus_4th_year  =
 +
| salary_5th_year = 260
 +
| bonus_5th_year  =
 +
| salary_6th_year = 280
 +
| bonus_6th_year  =
 +
| salary_7th_year = 300
 +
| bonus_7th_year  =
 +
| salary_8th_year = 315
 +
| bonus_8th_year  =
 +
| salary_9th_year =
 +
| bonus_9th_year  =
 +
}}'''Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates '''(often shortened to '''Skadden Arps'''; '''Skadden'''; or '''SASM&F'''), founded in 1948, is an [[international]] [[law firm]] based in [[New York City]]. With approximately 1,700 attorneys, it is one of the highest-grossing law firms in the world.<ref name="AmLawGlobal100">https://www.skadden.com/the-firm (retrieved Nov. 21, 2016)</ref> ''[[Forbes]]'' magazine has called Skadden "[[Wall Street]]'s most powerful law firm." The firm has been ranked "America's Best Corporate Law Firm" in ''Corporate Board Member''{{'}}s survey of public company directors every year since 2001.<ref name="fticonsulting1">{{cite web |url=http://www.fticonsulting.com/global2/press-releases/united-states/americas-top-corporate-law-firms-for-2013.aspx |title=America's Top Corporate Law Firms for 2013 |publisher=FTI Consulting |date=2013-05-14 |accessdate=2014-02-08}}</ref><ref>{{cite news |url=https://www.forbes.com/2009/01/23/skadden-merger-takeover-business-cx_df_0123skadden.html |title=Wall Street's Most Powerful Law Firm |publisher=Forbes |date= |accessdate=2014-02-08 |first=Daniel |last=Fisher}}</ref>
  
 
==Timeline==
 
==Timeline==

Revision as of 07:35, 30 September 2017

{{Infobox Law Firm | logo = Skadden, Arps, Slate, Meagher & Flom logo.png | headquarters = Palo Alto; CA | num_offices = 22 | offices = | num_attorneys = 1,742 | num_employees = 3,500 (estimate, including partners) | practice_areas = Transactions, litigation/controversy and regulatoryCite error: Closing </ref> missing for <ref> tag Forbes magazine has called Skadden "Wall Street's most powerful law firm." The firm has been ranked "America's Best Corporate Law Firm" in Corporate Board MemberTemplate:'s survey of public company directors every year since 2001.[1][2]

Timeline

  • 1948 — The firm is founded in New York by Marshall Skadden, John Slate and Les Arps.[3]
  • 1959William Meagher joins the firm. Elizabeth Head, the firm's first female attorney, is hired.[3]
  • 1960 — The firm's name becomes Skadden, Arps, Slate, Meagher & Flom.[3]
  • 1961 — Peter Mullen, who will later serve as Skadden's first executive partner, joins the firm.[4]
  • 1973 — The firm opens its second office, in Boston.[3]
  • 1981Peggy L. Kerr becomes Skadden's first female partner.[5]
  • 1985 — Skadden ranks as one of the U.S.'s three largest law firms.[3]
  • 1987 — The firm opens its first international office, in Tokyo.[3]
  • 1988 — The firm founds the Skadden Fellowship Foundation.[3]
  • 2000 — Skadden's New York City headquarters moves to 4 Times Square, the "Condé Nast Building."[3]
  • 2008 — With the City College of New York, the firm launches the Skadden, Arps Honors Program, to increase diversity in law schools and the legal profession.[6]
  • 2011Joseph Flom, the last living name partner, dies.[7]
  • 2014 — The firm opens its 23rd office, in Seoul.[8]
  • 2015 — Skadden becomes the first law firm to advise on more than $1 trillion worth of deals in a single year.[9]

Locations

Template:As of, Skadden has 22 offices worldwide.[10]

Key people

In February 2011, there were 432 Skadden partners worldwide.[11] As of December 2016, there are 381 partners worldwide. Unlike some firms that have introduced two-tier partnerships with equity and non-equity partners, Skadden maintains a one-tier partnership, in which all partners are equity partners and share ownership of the firm.[12] Among the more notable partners, of counsel and counsel are:

Rankings

File:Skadden ny jan.jpg
Skadden's world headquarters in the Condé Nast Building

In 2015 and 2016, Skadden was the fourth largest law firm in the U.S. by revenue.[22] In the 2015 Global 100 survey by The American Lawyer, Skadden ranked as the fourth highest grossing law firm in the world.[23] In 2016, Skadden had approximately 1,700 attorneys in 22 offices;[23] in 2011, the firm had approximately 1,900 attorneys in 23 offices.[24] Measured by the number of attorneys, Skadden is the fifth largest law firm in New York and 12th largest in the United States.[23][25] In 2016, Skadden was 187th on ForbesTemplate:' list of America's Largest Private Companies by revenue.[26] Previously, the firm ranked 335th[27] in 1995, 194th[28] in 2003 and 213th in 2010.[29] Based on the 2017 Vault Law 100 survey of law firm associates by Vault.com, Skadden is the third most prestigious U.S. firm at which to work.[30] The NYSE Governance Services and advisory firm FTI Consulting named Skadden the top U.S. law firm in 2016, a position held by the firm since 2001; the annual findings are published by Corporate Board Member in its list of "America's Best Corporate Law Firms."[31][32] In 2015, Skadden became the first law firm ever to handle more than $1 trillion in M&A deals in a single year[33][34] and, for the third time in six years, the Financial TimesTemplate:' "Innovative Lawyers" report named Skadden the most innovative law firm in North America.[35][36][37] In the 2016 edition of Chambers USA: America's Leading Lawyers for Business, Skadden received the most top rankings among law firms, including 67 Band 1 attorney rankings, 35 Band 1 practice rankings and five Star Individual rankings.[38][39]

Other work

Skadden Fellowship Foundation

Through the Skadden Fellowship Foundation, the firm sponsors law school graduates who wish to practice public interest law. The foundation was established in 1988 in honor of the firm's 40th anniversary. The Los Angeles Times has called the program "a legal Peace Corps."[40] Fellows work with a sponsoring organization that provides legal services to the poor, elderly, homeless, disabled and disenfranchised. Skadden pays fellows a salary of $52,000 (as of 2016),[41] plus all the fringe benefits the sponsoring organization offers its employees. Through 2016, the firm has awarded 791 fellowships.[42] Since the program's inception, nearly 90 percent of its fellows have remained in public interest or public sector work.[43]

Political contributions

Skadden partners and employees tend to support and contribute more to Democratic political candidates than to Republicans.[44] Prominent lawyers at the firm endorsed and financially supported John Kerry in his campaign to become president of the United States in 2004.[45][46] In the run-up to Super Tuesday 2008, Skadden hosted a phone bank in support of Barack Obama's 2008 presidential campaign.[47][48]

According to the Center for Responsive Politics, Skadden was one of the top law firms contributing to federal candidates during the 2012 election cycle, donating $1.98 million, 76% to Democrats.[49] By comparison, during that same period Akin Gump Strauss Hauer & Feld donated $2.56 million, 66% to Democrats[49] and oil conglomerate ExxonMobil donated $2.66 million, 88% to Republicans.[50] From 1990 through 2008, Skadden contributed $11.93 million to federal campaigns; between 2000 and 2008 the firm spent $2.2 million on lobbying.[51]

Notable alumni

In addition to numerous professors and partners at other firms, some of the more notable former Skadden attorneys include:

References

  1. {{#invoke:citation/CS1|citation |CitationClass=web }}
  2. {{#invoke:citation/CS1|citation |CitationClass=news }}
  3. 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 {{#invoke:citation/CS1|citation |CitationClass=web }}
  4. {{#invoke:citation/CS1|citation |CitationClass=news }}
  5. {{#invoke:citation/CS1|citation |CitationClass=news }}
  6. {{#invoke:citation/CS1|citation |CitationClass=news }}
  7. {{#invoke:citation/CS1|citation |CitationClass=news }}
  8. {{#invoke:citation/CS1|citation |CitationClass=web }}
  9. {{#invoke:citation/CS1|citation |CitationClass=news }}
  10. {{#invoke:citation/CS1|citation |CitationClass=web }}
  11. Skadden > Attorneys Template:Webarchive
  12. "How Skadden Does It" Template:Webarchive, Andrew Longstreth, The American Lawyer, May 2006
  13. {{#invoke:citation/CS1|citation |CitationClass=web }}
  14. {{#invoke:citation/CS1|citation |CitationClass=web }}
  15. {{#invoke:citation/CS1|citation |CitationClass=web }}
  16. {{#invoke:citation/CS1|citation |CitationClass=web }}
  17. {{#invoke:citation/CS1|citation |CitationClass=web }}
  18. {{#invoke:citation/CS1|citation |CitationClass=web }}
  19. {{#invoke:citation/CS1|citation |CitationClass=web }}
  20. {{#invoke:citation/CS1|citation |CitationClass=web }}
  21. {{#invoke:citation/CS1|citation |CitationClass=web }}
  22. {{#invoke:citation/CS1|citation |CitationClass=web }}
  23. 23.0 23.1 23.2 {{#invoke:citation/CS1|citation |CitationClass=web }}
  24. {{#invoke:citation/CS1|citation |CitationClass=web }}
  25. {{#invoke:citation/CS1|citation |CitationClass=web }}
  26. {{#invoke:citation/CS1|citation |CitationClass=news }}
  27. {{#invoke:citation/CS1|citation |CitationClass=web }}
  28. {{#invoke:citation/CS1|citation |CitationClass=web }}
  29. {{#invoke:citation/CS1|citation |CitationClass=web }}
  30. {{#invoke:citation/CS1|citation |CitationClass=news }}
  31. {{#invoke:citation/CS1|citation |CitationClass=web }}
  32. {{#invoke:citation/CS1|citation |CitationClass=web }}
  33. {{#invoke:citation/CS1|citation |CitationClass=news }}
  34. {{#invoke:citation/CS1|citation |CitationClass=news }}
  35. {{#invoke:citation/CS1|citation |CitationClass=web }}
  36. {{#invoke:citation/CS1|citation |CitationClass=web }}
  37. {{#invoke:citation/CS1|citation |CitationClass=web }}
  38. {{#invoke:citation/CS1|citation |CitationClass=web }}
  39. {{#invoke:citation/CS1|citation |CitationClass=web }}
  40. https://www.skaddenfellowships.org/about-foundation
  41. {{#invoke:citation/CS1|citation |CitationClass=news }}
  42. {{#invoke:citation/CS1|citation |CitationClass=web }}
  43. {{#invoke:citation/CS1|citation |CitationClass=web }}
  44. "Fundrace 2008 Campaign Donations, Huffington Post
  45. "The New Fat Cats" Template:Webarchive from Business Week Online April 12, 2004
  46. "Business leaders for Kerry" from St. Petersburg Times August 5, 2004
  47. {{#invoke:citation/CS1|citation |CitationClass=web }}
  48. {{#invoke:citation/CS1|citation |CitationClass=web }}
  49. 49.0 49.1 {{#invoke:citation/CS1|citation |CitationClass=web }}
  50. {{#invoke:citation/CS1|citation |CitationClass=web }}
  51. {{#invoke:citation/CS1|citation |CitationClass=web }}
  52. http://www.chipflowers.com; http://www.flowerscounselgroup.com/index.php?page=the-honorable-chipman-flowers-jr-esq
  53. {{#invoke:citation/CS1|citation |CitationClass=web }}
{{#invoke:Check for unknown parameters|check|unknown=|preview=Page using Template:Reflist with unknown parameter "_VALUE_"|ignoreblank=y| 1 | colwidth | group | liststyle | refs }}

Further reading

  • {{#invoke:citation/CS1|citation

|CitationClass=book }}

External links