Covington & Burling Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Covington & Burling LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Covington & Burling LLP

  • Designation: Washington
  • Head Count: 774
  • Gross Revenues: $709,000,000
  • Revenue Per Lawyer: $915,000
  • Profits Per Partner: $1,335,000
  • Year Over Year Change: 3

Covington & Burling is a Washington-based law firm.  According to the National Law Journal's 2015 NLJ 350 ranking of firms based on size, Covington & Burling has 774 attorneys and is the 44th largest firm in the United States.  With $709,000,000 in gross revenue in 2014, the firm placed 43rd on The American Lawyer's 2015 Am Law 200 ranking.  On the 2013 Global 100 survey, Covington & Burling ranked as the 54th highest grossing law firm in the world.  The firm has offices in CA, DC and NY.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 43 3 Gross revenue
Am Law 200 43 3 Gross revenue
NLJ 250 49 3 Lawyer head count
The A-List 20 4 Overall excellence
Pro Bono Scorecard 10 -2 Pro-bono commitment
Diversity Scorecard 57 14 Minority head count
Midlevel Associates Survey 25 15 Job satisfaction
Summer Associates Survey 66 -7 Summer programs

In the News

Deals & Suits

: Corporate Counsel : August 01, 2015

Trio of Witnesses Testify About Dewey's Finances, Accounting

Nell Gluckman : The American Lawyer : July 31, 2015

The trial of three former executives of the now-defunct Dewey & LeBoeuf moved at a faster pace Thursday with three witnesses taking the stand before a 1 p.m. lunch break.

Judge Cites ACA 'Tax' Debate in Refusal to Release Gitmo Detainee

Zoe Tillman : Legal Times : July 30, 2015

From the status of the U.S. conflict in Afghanistan to whether the Affordable Care Act's individual mandate is a tax or a penalty, the "government may not always say what it means or mean what it says," a federal district judge in Washington said on Thursday.

Three Witnesses Testify to Dewey & LeBoeuf's Financial Practices

Nell Gluckman : The Am Law Daily : July 30, 2015

Among those called to the stand in the trial of three Dewey & LeBoeuf executives were an assistant to a former rainmaker, an ex-partner from predecessor Dewey Ballantine and a banker who oversaw HSBC's $10 million loan to the now-defunct firm.

Boies Schiller to Abandon Suburbs for Downtown D.C.

Katelyn Polantz : Legal Times : July 28, 2015

One of the few Am Law 100 law firms in Washington located far from the central business district is moving. Boies, Schiller & Flexner, whose D.C. lawyers work in a building near the Maryland border, plans to move to New York Avenue and 14th Street downtown in the late summer or fall next year.

Big Deals

Jennifer Henderson : The American Lawyer : July 27, 2015

The A-List: The Runners-Up

Jim Schroeder : The American Lawyer : July 27, 2015

The next tier of firms in our A-List rankings, and what they need to do to step up.

The American Lawyer Names 2015 Global Legal Award Winners

Michael D. Goldhaber : The Am Law Daily : July 23, 2015

The contest attracted 225 strong entries across 30 categories, and honors firms and legal departments involved in the globe's most distinguished deals, disputes and social initiatives.

Meet Monique Pressley, Bill Cosby's Lawyer

Jenna Greene : The Litigation Daily : July 22, 2015

Defending a once-beloved superstar in the court of public opinion has meant sometimes evading questions. Plus, AT&T's outside counsel at Crowell & Moring, Arnold & Porter and Sidley Austin get a second chance.

Schiff Hardin and Steptoe Make Squire Hires, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : July 22, 2015

Squire Patton Boggs sees more partners depart; two more lawyers peel away from O'Melveny & Myers; another IP litigator leaves Kenyon & Kenyon; and other notable moves from throughout The Am Law 200.

Fenwick & West Hires From Latham in Shanghai

Anna Zhang : The Asian Lawyer : July 21, 2015

Corporate partner Karen Yan specializes in China-related internet and technology deals.

Homegrown Firms Get Serious About Succession

Patience Haggin : The Recorder : July 17, 2015

Some Bay Area firms are bracing for a wave of retirements. While for Durie Tangri's Daralyn Durie, it's never too soon to start planning.

Chiquita Fails to Block SEC Release of Colombian Documents

Susan Beck : The Litigation Daily : July 17, 2015

In response to a FOIA request by the National Security Archive, the SEC plans to release sensitive documents about a Chiquita subsidiary's payments to Colombian paramilitary groups.

Covington Sues CFPB Over 'Consumer Voices' Report

Mike Scarcella : Legal Times : July 16, 2015

Covington & Burling is suing a federal agency over a February 2015 report that addressed consumers' concerns about credit reports and scores. The law firm, pursuing the records at the request of an unidentified client, wants information about the selection of the focus groups that formed the substance of the CFPB report; the participants' responses; and demographic data about the participants.

Perkins Coie Hires Third Capital-Markets Partner

Patience Haggin : The Recorder : July 15, 2015

Stephen Schrader joins the firm's San Francisco office from Baker & McKenzie.

Drugmakers Settle With US Over Underpaid Medicaid Rebates

P.J. D'Annunzio : The Legal Intelligencer : July 14, 2015

Pharmaceutical companies AstraZeneca and Cephalon have agreed to pay the U.S. government and several states a combined total of $54 million to settle claims that they underpaid rebates owed under the Medicaid Drug Rebate Program, according to the U.S. Department of Justice.

Signal Bankruptcy Plan Reserves $20M for Guest Workers

Scott Flaherty : The Litigation Daily : July 14, 2015

The plan would set aside money for more than 200 Indian workers who claimed that Signal deceived and mistreated them when they were lured to this country to help in post-Katrina cleanup efforts.

In-House Counsel Profile: BAE Systems Inc.'s Ian Graham

Richard Acello : The National Law Journal : July 13, 2015

"I love what we do; we protect those who protect us."

Eric Holder Jr.'s Next Challenges

Katelyn Polantz : The National Law Journal : July 13, 2015

Eric Holder Jr.'s next two years at Covington & Burling, the firm where he worked before becoming U.S. attorney general, may be a smooth transition for one of the Obama administration's most high-profile officials turning to private practice in corporate law.

Monitor Suggests Reasons for Decline in NYPD Stop/Frisk

Mark Hamblett : New York Law Journal : July 10, 2015

A sharp drop in the number of stop-and-frisk encounters by the New York City Police Department might be due to officers' uncertainty over the law, a court-appointed monitor told a federal judge Thursday.

This Week's Deals

David Ruiz : The Recorder : July 09, 2015

A round-up of transactions involving Bay Area lawyers and companies.

AstraZeneca, Cephalon to Pay $54M in Medicaid Settlement

P.J. D'Annunzio : The Legal Intelligencer : July 08, 2015

Pharmaceutical companies AstraZeneca and Cephalon have agreed to pay the U.S. government and several states a combined total of $54 million to settle claims that they underpaid rebates owed under the Medicaid Drug Rebate Program, according to the U.S. Department of Justice.

Morning Wrap: Texas Judge Tells Jeh Johnson See You in Court | D.C. Circuit Upholds Contributions Ban

Happy Carlock : Legal Times : July 08, 2015

President Obama's hope to nominate a Covington & Burling partner to the SEC is on hold amid pressure from activists and Senate Democrats. Harvard and UNC want admissions suits on hold pending SCOTUS resolution of Fisher v. University of Texas. DHS Secretary Jeh Johnson has been ordered to show up in a Texas courtroom. And a Louisiana prosecutor has become the country's most blunt defender of the death penalty. This is a roundup from ALM and other publications.

The Global Lawyer: A Lack of Judgment

Michael D. Goldhaber : The American Lawyer : July 08, 2015

For 10 years, politics has kept America from ratifying the one treaty every lawyer agrees on. That has consequences.

Morning Wrap: Eric Holder's Time-Out | Judge Rakoff's Skepticism

Mike Sacks : Legal Times : July 07, 2015

Eric Holder's next challenge: navigating ethics rules and building a practice. Judge Jed Rakoff, sitting on the Ninth Circuit, ices a major Second Circuit ruling on insider-trading. And the U.S. Senate is expected soon to confirm two circuit nominations. This is a roundup from ALM and other publications.

Holder to 'Cool Off' for 19 Months at Covington: What That Means

Katelyn Polantz : The National Law Journal : July 06, 2015

It'll be two months until Eric Holder Jr. starts to work again full-time at Covington & Burling, and another 19 months before he's clear of the two-year window he must wait before interacting again with his former colleagues at the U.S. Justice Department. But the period itself isn't the biggest challenge for former lawyers, some say: It is, broadly put, harder to get up to speed with a practice.

Ideology Blocks Arbitration Treaty

Michael D. Goldhaber : The National Law Journal : July 06, 2015

Private law scholars think it's nuts to insert 50-state complexity into a treaty designed for universal ease.

Morning Wrap: Eric Holder Returns to Covington | Loretta Lynch and the World Cup

Zoe Tillman : Legal Times : July 06, 2015

A round up of news from ALM affiliated publications and around the web: A Q&A with Eric Holder on his return to Covington & Burling, the Ninth Circuit shakes off renegade reputation and the federal judiciary wants Congress to back off.

Holder's Return to Covington Was Six Years in the Making

Katelyn Polantz : The National Law Journal : July 05, 2015

Covington & Burling celebrates a homecoming this week as Eric Holder Jr., the nation's first black attorney general, rejoins the firm as a white-collar partner. Covington plans to announce the news Monday, and his official start date will be in September. "This is home for me," Holder told The National Law Journal.

Holder's Return to Covington Was Six Years in the Making

Katelyn Polantz : The Am Law Daily : July 05, 2015

Covington & Burling celebrates a homecoming this week as Eric Holder Jr., the nation's first black attorney general, rejoins the firm as a white-collar partner. Covington's latest high-profile hire will officially start at the firm in September.