Wachtell, Lipton, Rosen & Katz: Difference between revisions

From wikilawschool.net. Wiki Law School does not provide legal advice. For educational purposes only.
m (1 revision imported: Mass import from wikipedia.org)
No edit summary
Line 1: Line 1:
{{Infobox law firm
{{Infobox Law Firm
| name = Wachtell, Lipton, Rosen & Katz
| name = Wachtell, Lipton, Rosen & Katz
| logo = WachtellLiptonLogo.jpg
| logo = WachtellLiptonLogo.jpg

Revision as of 02:29, September 28, 2017

Loading map...
Wachtell, Lipton, Rosen & Katz
WachtellLiptonLogo.jpg
Headquarters [[Headquarters::CBS Building
New York City, United States]]The following coordinate was not recognized: Geocoding failed.The following coordinate was not recognized: Geocoding failed.
Number of Offices 1
Number of attorneys 260
Practice Areas General practice
Annual Revenue $[[Revenue::Template:Loss (−0.9%) US$580 million (2010)[1]]] million
Wachtell, Lipton, Rosen & Katz Pay Scale
(all numbers in thousands of dollars)
First year salary185
Second year salary
Third year salary
Fourth year salary
Fifth year salary
Sixth year salary
Seventh year salary
Eighth year salary
Ninth year salary
Tenth year salary
bonus
bonus
bonus
bonus
bonus
bonus
bonus
bonus
bonus
bonus

Wachtell, Lipton, Rosen & Katz is a law firm which operates out of a single office in New York City. It is widely considered to be one of the most prestigious law firms in the world, topping The Vault Law 100 ranking of the United States' best law firms for over a decade[2]. The firm is known for being a global leader in business law, regularly handling the largest and most complex transactions [3]. The firm is also noted for having the highest profit per partner of any law firm in the United States.[4]

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.[5][6]

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.[6]

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.[7] The firm is also known for its skill in business litigation, and has handled many of the precedent-setting Delaware corporate governance cases.

For many years, it has been the most profitable large law firm in the US on a per-partner basis according to the American Lawyer's annual AmLaw 100 Survey. The firm also ranks at the top of other various surveys, including the Vault.com Associates Survey, and was ranked as the Most Prestigious Law Firm to Work For by the AveryIndex.[8]

Notable alumni

See also

References

External links