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: 871
  • Gross Revenues: $1,072,000,000
  • Revenue Per Lawyer: $1,230,000
  • Profits Per Partner: $3,295,000
  • 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 $1,072,000,000 in gross revenue in 2014, the firm placed 24th on The American Lawyer's 2015 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 24 1 Gross revenue
Am Law 200 24 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

Former Davis Polk Partner Now Playing A Different Tune

Nell Gluckman : The Am Law Daily : July 31, 2015

Harry Ballan resigned from the partnership at Davis Polk & Wardwell to pursue a lifelong interest in music theory and neuroscience. Now senior counsel at the firm, Ballan is also a director at the Oliver Sacks' Institute for Music and Neurologic Function in The Bronx.

Big Deals: $54.2B Health Insurer Acquisition

Jasmine Grays : New York Law Journal : July 30, 2015

Anthem Inc. is buying rival Cigna Corp. for $48 billion in a deal that would create the nation's largest health insurer by enrollment, covering about 53 million U.S. patients. Also, Lockheed Martin will acquire Blackhawk helicopter maker Sikorsky Aircraft for $9 billion as it seeks greater access to the military and commercial helicopter market.

Deal Watch: Teva's Generics Buy Headlines Banner M&A Week

Jennifer Henderson : The Am Law Daily : July 30, 2015

A bevy of transactions in the pharmaceutical industry and industrial sector in Europe helped make the past week a big one for M&A, with more than a dozen billion-dollar deals being announced.

This Week's Deals

David Ruiz : The Recorder : July 30, 2015

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

Davis Polk Leads CICC's $1B Hong Kong IPO

Anna Zhang : The Asian Lawyer : July 27, 2015

The deal gives shareholders KKR and TPG Capital the chance to exit stakes they've held in the Chinese investment bank since 2010.

Judge Declines to Dismiss Claims Against Proskauer and Chadbourne

Anita Abedian : The American Lawyer : July 27, 2015

The two firms, along with Greenberg Traurig and Hunton & Williams, are still fighting claims that they helped facilitate R. Allen Stanford's Ponzi scheme.

Judge Focuses Issues in Suit Against Proskauer

Christine Simmons : New York Law Journal : July 27, 2015

Manhattan Supreme Court Justice Jeffrey Oing rejected a request by an oil tanker company to decide a legal question early on in its legal malpractice suit against Proskauer Rose.

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.

In China's Crackdown on Rights Lawyers, Big Law Says Little

American Lawyer staff reporting : The Asian Lawyer : July 24, 2015

Am Law 200 and Global 100 firms active in China appear reluctant to join the bar associations around the world that have expressed support for the lawyers detained by the Chinese government in July.

China's Global Law Offices Hires From Davis Polk

Anna Zhang : The Asian Lawyer : July 23, 2015

Shanghai-based litigation partner Jerry Fang used to be a Hong Kong associate working on FCPA matters at the U.S. firm.

Big Deals

Jasmine Grays : New York Law Journal : July 23, 2015

Coty is buying 43 beauty brands from Procter & Gamble Co., including Miss Clairol, Covergirl and Max Factor. P&G puts the deal's value at about $15 billion. That amount includes stock valued at about $13.1 billion and $1.9 billion in debt, but the debt could range from $1.9 billion to $3.9 billion.

Deal Watch: Am Law 100 Firms Circle Pair of $48 Billion Deals

Jennifer Henderson : The Am Law Daily : July 23, 2015

Anthem's $48 billion takeover bid for Cigna and AT&T's successful $48 billion acquisition of DirecTV provided work for dozens of lawyers at Am Law 100 firms.

This Week's Deals

David Ruiz : The Recorder : July 23, 2015

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

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.

Movers

: The National Law Journal : July 20, 2015

New arrivals and lateral moves in this week's column.

On the Move

: New York Law Journal : July 17, 2015

Additions and promotions at Akerman, Davis Polk, Sheppard Mullin, Seyfarth Shaw and more.

This Week's Deals

David Ruiz : The Recorder : July 16, 2015

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

After 20 Years In-House, Willkie Scion Joins Steptoe

Brian Baxter : The Am Law Daily : July 15, 2015

Steptoe & Johnson has snagged two new hires for its New York office, including a veteran in-house lawyer and grandson of a former Republican presidential candidate.

Halliburton, Baker Hughes Agree to DOJ Delayed Review

Miriam Rozen : Texas Lawyer : July 14, 2015

If antitrust regulators' objections foil a proposed merger between the oil field service industry giants, Halliburton might owe Baker Hughes a $3.5 billion breakup fee.

On the Move

: The Recorder : July 13, 2015

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

Kirkland Pro Joins Sports Analytics Shop, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : July 12, 2015

A Kirkland & Ellis corporate partner heads to a Silicon Valley sports analytics startup; Epstein Becker & Green snags some epic eyebrows; Morgan Lewis lands a structured transactions trio in London; and other notable hires from throughout The Am Law 200.

Dealmakers of the Week: Lowell Yoder and Timothy Shuman of McDermott Will & Emery

Jennifer Henderson : The Am Law Daily : July 10, 2015

Yoder and Shuman handled the complex tax component of a megamakeup deal announced between Procter & Gamble and New York-based beauty products giant and firm client Coty Inc.

Deal Watch: Skadden Snags Big Beauty Deal as Conflict Claims Resurface Against Retired Partner

Jennifer Henderson : The Am Law Daily : July 09, 2015

It was another big deal week for Skadden, Arps, Slate, Meagher & Flom, which took the lead on a $12.5 billion buy for beauty products behemoth Coty, as an insider trading case involving a 6-year-old transaction by the firm forced a partner to take early retirement.

Big Deals

Tom Murphy : The Associated Press : July 09, 2015

Aetna aims to spend about $35 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal healthcare overhaul.

This Week's Deals

David Ruiz : The Recorder : July 09, 2015

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

Akin Gump Adds High-Powered Duo, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : July 08, 2015

The Beltway base of Akin Gump Strauss Hauer & Feld absorbs two veteran litigators; Hogan Lovells hires three Baker Botts litigators in Texas; McDermott and Pillsbury poach new partners; and other notable additions from throughout The Am Law 200.

Sidley Hires Corporate Partner in Valley

Patience Haggin : The Recorder : July 07, 2015

Martin Wellington, who advises technology companies, had been with Davis Polk & Wardwell.

Malpractice Suit Against Proskauer Goes Forward

Christine Simmons : New York Law Journal : July 07, 2015

An appellate panel has refused to dismiss a suit against Proskauer Rose brought by an oil tanker company that claims the firm's advice cost the company hundreds of millions of dollars in tax liability.

Kramer Levin, Gibson Dunn Prevail in Puerto Rico Bond Battle

Julie Triedman : The Litigation Daily : July 07, 2015

In what is likely the leading edge of a rash of multibillion-dollar disputes involving the Commonwealth of Puerto Rico, the first round has gone to a group of bondholders.