Davis Polk & Wardwell Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Davis Polk & Wardwell LLP

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

Davis Polk & Wardwell LLP

  • Designation: New York
  • Head Count: 895
  • Gross Revenues: $1,100,000,000
  • Revenue Per Lawyer: $1,230,000
  • Profits Per Partner: $3,305,000
  • Year Over Year Change: 1

Davis Polk & Wardwell is a New York-based law firm.  According to the National Law Journal's 2015 NLJ 350 ranking of firms based on size, Davis Polk & Wardwell has 871 attorneys and is the 38th largest firm in the United States.  With $1,100,000,000 in gross revenue in 2015, the firm placed 23rd on The American Lawyer's 2016 Am Law 200 ranking.  On the 2014 Global 100 survey, Davis Polk & Wardwell ranked as the 30th 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 23 1 Gross revenue
Am Law 200 23 1 Gross revenue
NLJ 250 39 5 Lawyer head count
The A-List 35 -19 Overall excellence
Pro Bono Scorecard 84 -39 Pro-bono commitment
Diversity Scorecard 18 1 Minority head count
Midlevel Associates Survey 32 28 Job satisfaction
Summer Associates Survey 69 9 Summer programs

In the News

Court Reinstates Claim Banks Manipulated LIBOR

Mark Hamblett : New York Law Journal : May 24, 2016

Judge Dennis Jacobs, writing for the Second Circuit, said the banks urged on appeal that LIBOR is not itself a price, but "LIBOR forms a component of the return from various LIBOR-denominated financial instruments, and the fixing of a component of price violates the antitrust laws."

Axinn, Veltrop & Harkrider

Rich Acello : The National Law Journal : May 23, 2016

In Dell's acquisition of EMC, Axinn was responsible for winning regulatory approval from governments around the world.

Big Deals

: The American Lawyer : May 23, 2016

Fiske Receives Duane Award

Rick Kopstein, Photographer : New York Law Journal : May 20, 2016

Robert Fiske Jr., senior counsel at Davis Polk & Wardwell and former Southern District U.S. Attorney, received the second annual James Duane Award, given for exemplary service to the Southern District, on Tuesday.

Latham Represents Company in $13B Pending Merger

Brenda Sapino Jeffreys : Texas Lawyer : May 20, 2016

Latham & Watkins represents FMC Technologies in the Houston company's pending merger with French company Technip, creating a $13 billion company.

SCOTUS Ruling Shows Limits of Securities Exchange Act's Exclusive Jurisdiction Clause

John S. Stapleton and Jason A. Levine : New Jersey Law Journal : May 20, 2016

Analysis of the U.S. Supreme Court's ruling in Merrill Lynch v. Manning.

Meet Silicon Valley's Trusted Advisors

Rebecca Cohen : The Recorder : May 20, 2016

These 10 M&A lawyers are the trusted voices of the region's tech companies.

Litigator Sees City Bar Presidency as a Great Opportunity

Andrew Keshner : New York Law Journal : May 19, 2016

John Kiernan, a Debevoise & Plimpton partner and the newly minted president of the New York City Bar Association, views the position as the capstone of his lengthy involvement in the bar and pro bono activities and the "greatest opportunity to play a role in the collective voice of lawyers in the legal capital of the world."

This Week's Deals

David Ruiz : The Recorder : May 19, 2016

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

Deal Watch: Amid Oil Price Plunge, Two Big Energy Deals

Jennifer Henderson : The Am Law Daily : May 19, 2016

A half-dozen big firms are advising on two key transactions in the embattled energy space, as a pair of oil field services companies and natural gas producers agree to combine.

Meet the 2016 Corporate Department of the Year and In-House Impact Winners

: The Recorder : May 18, 2016

Latham & Watkins has taken the top honor, followed by finalists Skadden and Wilson Sonsini.

Deal Watch: Mylan Taps Cravath Again for Dermatology Deal

Jennifer Henderson : The Am Law Daily : May 15, 2016

Three months after Mylan NV once again turned to Cravath, Swaine & Moore to handle another multibillion-dollar deal, the firm is at it again for the acquisitive generic drug giant.

Lateral Hiring By US Firms in London Reaches New High

Frances Ivens : The Am Law Daily : May 15, 2016

Research into recent recruitment trends by international firms in London has found that they brought in over 20 percent more partners in 2015 than the year before, with total partner numbers climbing by 6 percent across the group year-on-year.

This Week's Deals

David Ruiz : The Recorder : May 12, 2016

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

Capital Market, Corporate Practices Dip in Early 2016

Christine Simmons : New York Law Journal : May 09, 2016

The first quarter of 2016 delivered a shock to firms focused on corporate and capital markets who saw a freeze in deals. Looking ahead, several law firm leaders say the uncertainty prompted by global events and the presidential election could impact legal spend for the rest of the year.

Movers: A Weekly Roundup of Laterals and Promotions

: The National Law Journal : May 09, 2016

Lateral moves and new arrivals in this week's column.

Davis Polk, Paul Weiss and Cravath Counsel $3.8B Sale of DreamWorks

Barbara Ortutay : The Associated Press : May 05, 2016

Scooping up Shrek and Kung Fu Panda in a direct bid to compete with The Walt Disney Co., New York-based NBCUniversal Inc. has agreed to acquire Glendale, California-based DreamWorks Animation in a deal valued at $3.8 billion.

Two More Energy Companies Tap Kirkland for Bankruptcy Work

Scott Flaherty : The Am Law Daily : May 04, 2016

Having already grabbed a handful of key debtor's-side roles for struggling energy companies, Kirkland & Ellis added two more Chapter 11 cases to its docket this week, snagging assignments for Houston's Ultra Petroleum Corp. and Midstates Petroleum Inc.

Big Law Alums Seek to Grow Tech Startup Scene in New York

Nell Gluckman : The Am Law Daily : May 04, 2016

New York City's efforts to grow as an East Coast technology hub are being helped by Tech:NYC, a new nonprofit headed by a former Loeb & Loeb and Dentons lawyer that has two Am Law 100 alums on its board. Gunderson Dettmer is also involved with the organization.

The American Lawyer Announces Transatlantic Legal Awards Finalists for 2016

: The American Lawyer : May 03, 2016

These awards recognize law firms for excellence in handling transatlantic matters across the key areas of corporate, finance and disputes, as well as highlighting in-house leaders and law firm innovation, commitment to pro bono and outstanding transatlantic strategy.

Chadbourne Pays $35M in Stanford Ponzi Suit; Proskauer Faces New Class Action

Julie Triedman : The Am Law Daily : May 02, 2016

After striking a deal with Chadbourne & Parke, investors are hoping for another chance to pursue claims that Proskauer Rose helped R. Allen Stanford conceal his Ponzi scheme from regulators.

From Bowie to Boies: Milbank Looks to Hudson Yards as New Home

Jennifer Henderson : The Am Law Daily : April 29, 2016

It's the end of an era. Milbank, Tweed, Hadley & McCloy is poised to leave New York City's financial district for midtown Manhattan, a departure that moves the Wall Street firm from the historic home of a banking icon to a new development on the West Side.

On the Move

: The Recorder : April 29, 2016

New hires, promotions, appointments and awards in-house, at firms, and in government and academia.

Big Firms Fuel Up on Energy Sector Bankruptcies

Brian Baxter : The American Lawyer : April 28, 2016

The administrative office of the U.S. Courts said Thursday that bankruptcy filings fell 8.5 percent over the past year. But one sector where Chapter 11 work hasn't dried up is the energy industry, where Kirkland & Ellis and Jones Day are siphoning off new assignments.

Deal Watch: A Pharmaceutical Frenzy for a Half-Dozen Firms

Jennifer Henderson : The Am Law Daily : April 28, 2016

Abbott Labs seeks to buy St. Jude Medical for $25 billion; Sanofi makes a $9.3 billion bid for Medivation; AbbVie offers $5.8 billion for Stemcentrx; and a look at the big firms behind those proposed megadeals.

Read All About It: Skadden, Kirkland Advise on Tribune Bid

Jennifer Henderson : The Am Law Daily : April 25, 2016

Kirkland & Ellis goes back a long way with the beleaguered Tribune Publishing Co., which is now eyeing an $815 million offer from Gannett Co.

Big Deals

Jennifer Henderson : The American Lawyer : April 25, 2016

A Low-Growth Year for Many of Wall Street's Elite

Julie Triedman : The American Lawyer : April 25, 2016

Mixed signals in the financial sector and the end of recession-related litigation held profits down in New York.

Davis Polk Hires Ex-Cravath Partner, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 25, 2016

Ronald Cami heads to Davis Polk & Wardwell in Silicon Valley; Davis Wright Tremaine adds a former top federal prosecutor; another Bracewell partner departs; a new IP boutique forms inside the Beltway; and other key additions from throughout The Am Law 200.

Deal Watch: Lexmark Inks Sale With Four Big Firms in the Queue

Jennifer Henderson : The Am Law Daily : April 21, 2016

Wachtell, Skadden, Cleary Gottlieb and King & Wood Mallesons are advising on a $3.6 billion acquisition of U.S. printer maker Lexmark International Inc. by a Chinese-led consortium.