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: 810
  • Gross Revenues: $975,000,000
  • Revenue Per Lawyer: $1,205,000
  • Profits Per Partner: $2,940,000
  • Year Over Year Change: -3

Davis Polk & Wardwell is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Davis Polk & Wardwell has 810 attorneys and is the 39th largest firm in the United States.  With $975,000,000 in gross revenue in 2013, the firm placed 25th on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 Global 100 survey, Davis Polk & Wardwell ranked as the 32nd 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 25 -3 Gross revenue
Am Law 200 25 -3 Gross revenue
NLJ 250 39 5 Lawyer head count
The A-List 34 -18 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

Winners Announced for Asia Legal Awards 2015

: The Asian Lawyer : March 04, 2015

On Tuesday night, The Asian Lawyer held its second annual Asia Legal Awards, celebrating the region's top law firms. As promised, here's the list of lucky winners.

Fried Frank and Paul Hastings Poach IP Heads, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 03, 2015

Patterson Belknap and Shearman & Sterling lose a pair of IP practice leaders; Cadwalader rebuilds in Houston; more Bingham McCutchen refugees find new homes; and other notable hires from throughout The Am Law 200.

New Partners: Holland & Knight

: Daily Business Review : March 02, 2015

New Partners: Hogan Lovells

: Daily Business Review : March 02, 2015

March Deals & Suits

: Corporate Counsel : March 01, 2015

On the Move

: New York Law Journal : February 27, 2015

Seven firms announce new additions.

Big Deals

: The American Lawyer : February 26, 2015

Shire / NPS; HeidelbergCement Asset Sale; Shake Shack IPO; Marlin / NuDevco / Azure; Facebook / Wit.ai / Quickfire; OnCore/ Tekmira

Big Suits

David Bario, Jenna Greene, Scott Flaherty, Mark Hamblett, Rebekah Mintzer, and Julie Triedman : The American Lawyer : February 26, 2015

U.S. v. Standard & Poor's; Fjarde AP-Fonden v. Morgan Stanley; In re Bear Stearns Mortgage Pass-Through Litigation; In Re Freeport-McMoRan Derivative Litigation

Cravath Acts on Indian Lender HDFC's $1.6B Share Sale

Tom Brennan : The Asian Lawyer : February 25, 2015

One of India's largest banks has sold stock on the country's domestic exchanges and in the U.S. to fund future growth and boost its capital reserves.

Howard Law Punches Above its Weight Class in Placing Grads

Karen Sloan : The National Law Journal : February 24, 2015

The 50 law schools that send the most graduates into associate jobs at the country's largest law firms have something in common—each stands among the Top 100 law schools in the country, as ranked by U.S. News and World Report. With one notable exception: Howard University School of Law.

Columbia Leads in Sending Grads into Big Law

Karen Sloan : The National Law Journal : February 23, 2015

A larger proportion of a smaller graduating class landed jobs at big firms.

Dealmakers of the Week: Charles Mulaney Jr. and Michael Hatchard of Skadden

Jennifer Henderson : The Am Law Daily : February 20, 2015

Skadden, Arps, Slate, Meagher & Flom's Mulaney and Hatchard led the way for Broomfield, Colorado-based Ball Corp. in its $6.8 billion acquisition of fellow can maker Rexam PLC.

Deal Watch: Skadden, Freshfields Advise Pair of Can Makers on $6.8 Billion Deal

Jennifer Henderson : The Am Law Daily : February 19, 2015

Ball Corp.'s acquisition of fellow can maker Rexum PLC tops our latest roundup of deals worth $1 billion or more, with Skadden, Arps, Slate, Meagher & Flom advising on the most number of deals.

In the Public Interest

Rick Kopstein, Photographer : New York Law Journal : February 18, 2015

The New York Lawyers for the Public Interest presented its 22nd annual Law & Society Awards to Don Liu, executive vice president, general counsel and secretary of Xerox Corporation, and Carey Dunne, partner at Davis Polk & Wardwell, at a luncheon on Tuesday.

Billions in U.S. Claims Against Cuba Still Outstanding

Michael D. Goldhaber : The American Lawyer : February 18, 2015

Don't light up the cigars just yet. Before Cuba and the U.S. can open full economic relations, U.S. antiterror judgments and claims for nationalized property must be resolved.

Corporate Litigation: It's Manageable

: Corporate Counsel : February 18, 2015

A career litigator and a litigation consultant talk about how to bring sanity to a process that can get out of control.

Movers

: The National Law Journal : February 16, 2015

Laterals and new arrivals in this week's column.

The Am Law 100, the Early Numbers: Davis Polk Posts Record-High Revenue, PPP

Julie Triedman : The Am Law Daily : February 13, 2015

For a fifth consecutive year, Davis Polk & Wardwell's profitability and revenue rose by significant margins, with the firm's revenue surpassing the $1 billion mark for the first time. Average profits per partner came in at $3.29 million, a record high for the firm. Revenue rose from $975 million in 2013 to $1.072 billion last year.

Deal Watch: Four Firms Advise on Harris' Buy of Defense Contractor

Jennifer Henderson : The Am Law Daily : February 12, 2015

Our latest roundup of M&A deals worth $1 billion or more includes Am Law firms advising on Harris Corp.'s $4.75 billion buy of Exelis, Inc.; Rite Aid's $2 billion acquisition of pharmacy benefits manager Envision Pharmaceutical Services; and Hilton Worldwide Holdings Inc.'s $1.76 billion acquisition of five hotel properties from a group of sellers. Latham led the way in terms of deal volume and transaction size.

Investors Line Up for Looming Libor Appeal

Scott Flaherty : The Litigation Daily : February 11, 2015

Less than a month after the Supreme Court reignited sprawling antitrust litigation accusing major banks of conspiring to fix the London Interbank Offered Rate, the stage is quickly being set for the next big Libor battle at the Second Circuit.

Bouchard Trims Counts in Complaint Over Denial of 'Earn-out' Payments

Michael A. Riccardi : Delaware Business Court Insider : February 11, 2015

A complaint alleging denial of "earn-out" payments has been carved down to a breach of contract action as Delaware Court of Chancery Chancellor Andre G. Bouchard dismissed other charges in the case.

Sprint Evens Score (and Then Some) in Comcast IP Fight

Lisa Shuchman : The Litigation Daily : February 09, 2015

Handing a victory to Sprint's lawyers at Shook Hardy & Bacon, a Delaware jury put Comcast on the hook for about $28 million just months after Comcast won $7.5 million from Sprint in a related patent case.

An Early Look at The 2015 Am Law 100

: The American Lawyer : February 09, 2015

The Am Law Daily's early coverage of 2014 financial results of The Am Law 100/200 includes an examination into what's going on behind the numbers. This list will be updated as new results become available. Final rankings and full results for The Am Law 100 will be published in The American Lawyer's May 2015 issue and The Am Law Second Hundred will be published in the June issue.

New GC Drove Standard & Poor's Settlement

Marlisse Silver Sweeney : Corporate Counsel : February 06, 2015

The settlement between Standard & Poor's Financial Services LLC and the U.S. Department of Justice was partly because of a change in the legal department.

'Big Four' China Affiliates Settle SEC Charges

Jenna Greene : The National Law Journal : February 06, 2015

Four China-based accounting firms affiliated with the "Big Four" on Friday agreed to pay $500,000 each to settle charges by the U.S. Securities and Exchange Commission that they refused to turn over documents in multiple fraud investigations.

This Week's Deals

David Ruiz : The Recorder : February 05, 2015

A roundup of transactions involving Bay Area lawyers and companies.

Deal Watch: Am Law Firms Advise on Pfizer's Bid for Hospira

Jennifer Henderson : The Am Law Daily : February 05, 2015

This week's roundup of deals worth $1 billion or more includes Am Law firms working on a $15.2 billion pharmaceutical transaction between Pfizer and Hospira; a $10.54 billion telecom deal between Frontier and Verizon; a $7.3 billion asset sale by building material manufacturers Holcim and Lafarge; and a $6.3 billion merger between Staples and Office Depot.

Locke Lord Lures Boies Litigator, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : February 04, 2015

Boies Schiller & Flexner partner Kathleen Smalley is headed to newly merged Locke Lord; Davis Polk poaches Greenberg Traurig's real estate chair in New York; three DLA Piper finance lawyers depart; Littler Mendelson heads to Maine; and other notable moves from throughout The Am Law 200.

New York Promotions Remain Steady, While Firmwide Numbers Increase

Christine Simmons : New York Law Journal : February 02, 2015

The number of New York lawyers promoted to partner at the largest law firms in the state is holding steady, while several firms are increasing partner promotions firmwide.

The Asian Lawyer Announces Finalists for Asia Legal Awards 2015

Nick Ferguson : The Asian Lawyer : February 02, 2015

We reveal the contenders for our annual awards ahead of a gala dinner in Hong Kong on March 3.