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

On the Move

: New York Law Journal : April 27, 2015

Four firms announce new additions, while general counsel have been hired at real estate private equity and asset management firm Savanna and Turing Pharmaceuticals AG.

Am Law 100 Analysis: The Superrich Firms Pull Away

Chris Johnson : The American Lawyer : April 27, 2015

It was a year of solid gains for The Am Law 100, especially for a burgeoning group of top firms.

Comcast Pulls Plug On Deal

Jenna Greene : The National Law Journal : April 27, 2015

Facing stiff regulatory resistance, Comcast Corp. and Time Warner Cable Inc. on April 24 abandoned their $45 billion merger more than a year after the deal was announced.

Orrick, Skadden on Latest Take-Private for U.S.-Listed Chinese Company

Anna Zhang : The Asian Lawyer : April 27, 2015

Perfect World will be the third Chinese gaming company, including Giant Interactive and Shanda Games, to delist in the last 18 months in the face of low valuations from investors.

Big Deals

Jennifer Henderson : The American Lawyer : April 27, 2015

The Am Law 100: Introducing Our New Profits Metric

Chris Johnson : The American Lawyer : April 27, 2015

To help add context to our reporting on law firm profits, this year's Am Law 100 report adds a new metric, profits per lawyer.

Am Law 100 Analysis: The Year's Hottest Markets

Drew Combs : The American Lawyer : April 27, 2015

Most Am Law 100 firms had solid results in 2014, but some sector bets paid off especially well.

McKenna Long Tax Chief Departs, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 26, 2015

The head of McKenna Long & Aldridge's national tax group leaves ahead of a merger with global legal giant Dentons; Arnold & Porter and Cozen O'Connor both make bulk hires from smaller firms; a Jones Day bankruptcy baron returns; and other notable moves from throughout The Am Law 200.

Big Deals

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

Dozens of New York lawyers have landed lead roles on the dissolution of General Electric Co.'s financial unit in a bid by the industrial conglomerate to return $90 billion to shareholders.

FCC Resistance Dooms Comcast Deal, Lawyers Say

Jenna Greene : The National Law Journal : April 23, 2015

Facing stiff regulatory resistance, Comcast Corp. and Time Warner Cable are expected to pull the plug on their $45 billion merger more than a year after the deal was announced. A lawyer involved in the process said the companies could not persuade the Federal Communications Commission that the merger offered sufficient benefits for consumers.

This Week's Deals

David Ruiz : The Recorder : April 23, 2015

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

Deal Watch: Big Firm Pharma Deal Flow Continues With Teva's Mylan Bid

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

Big Pharma leads the list of billion-dollar deals this week with a $40 billion, unsolicited bid made by Israel's Teva Pharmaceutical Industries Ltd. for fellow generic-drug maker Mylan N.V.

Con Ed Has Right to Contractor's Files, Panel Finds

Ben Bedell : New York Law Journal : April 23, 2015

A judge was "too harsh" when she denied Consolidated Edison Inc.'s request for the litigation files of a contractor in the massive steam pipe explosion that rocked midtown Manhattan in July 2007, a sharply divided panel of the Appellate Division, First Department, ruled Tuesday.

Half-Dozen K&L Gates Partners Decamp, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 21, 2015

K&L Gates sees six partners leave for four firms; some of Fried Frank's Asia lawyers find new homes; Jackson Lewis opens two new offices; Mayer Brown adds a practice leader; and other notable moves from throughout The Am Law 200.

Skadden, Kirkland on $1.6B Deal Between China's 'Craigslists'

Anna Zhang : The Asian Lawyer : April 17, 2015

China's 58.com and Ganji.com are letting go of a 10-year-old rivalry and joining forces.

Dealmaker of the Week: Warren Gorrell of Hogan Lovells

Jennifer Henderson : The Am Law Daily : April 17, 2015

Gorrell advised General Electric Co. in the $26.5 billion sale of GE Capital's real estate portfolio to funds managed by Blackstone LP, along with Wells Fargo & Co. and additional buyers.

Deal Watch: Am Law Firms Get Electric With $26.5 Billion GE Capital Deal

Jennifer Henderson : The Am Law Daily : April 16, 2015

As hundreds of Am Law 100 lawyers work on the dissolution of General Electric's financial unit, three more big firms grab roles on Nokia's $16.6 billion acquisition of Alcatel-Lucent.

This Week's Deals

David Ruiz : The Recorder : April 16, 2015

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

Another Forex Milestone as BofA Settles Class Action

Scott Flaherty : The Litigation Daily : April 16, 2015

Bank of America, represented by Shearman & Sterling, is the third bank to settle of the dozen targeted in antitrust litigation alleging widespread manipulation in the $5 trillion-per-day foreign exchange market.

Introducing The National Law Journal's Outstanding Women Lawyers

: The National Law Journal : April 15, 2015

The National Law Journal presents 75 of the most accomplished female attorneys working in the legal profession today.

$34.6 Billion Megamerger: Halliburton, Baker Hughes to Form O&G Giant

Angela Neville : Texas Lawyer : April 13, 2015

With both Houston-based companies facing financial challenges caused by the current adverse business climate, Halliburton and Baker Hughes are gearing up to integrate "late in the second half" of 2015.

Dealmakers of the Year: George Bason Jr. of Davis Polk and Rodd Schreiber of Skadden

: The American Lawyer : April 09, 2015

Bason advised Tyson Foods Inc. on its $8.55 billion unsolicited bid for Hillshire Brands Co., edging out a competing bid from Pilgrim's Pride Corp. Schreiber, meanwhile, led the way for Hillshire.

Deal Watch: Magic Circle, Am Law Firms Advise on $70 Billion Royal Dutch Shell Deal

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

Oil and gas tops off this week's list of billion-dollar deals, with Royal Dutch Shell plc's $70 billion acquisition of BG Group plc. Magic Circle and Am Law firms landed roles on the mega deal, with Slaughter and May, Cravath, Swaine & Moore and De Brauw Blackstone Westbroek advising Shell, and Freshfields Bruckhaus Deringer working on behalf of BG Group.

Morning Wrap: Tsarnaev Verdict Reaction | Dentons and McKenna Long Tie Up

Katelyn Polantz : Legal Times : April 09, 2015

This is a round-up of legal news from ALM and around the country, focused on Dzhokhar Tsarnaev, Ted Cruz, West Virginia's attorney general and the major merger law firms.

Paul Weiss Once Again Handles Ex-Partner's High-Speed IPO

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

Virtu Financial, a high-frequency trader led by former Paul, Weiss, Rifkind, Wharton & Garrison corporate partner Douglas Cifu that called off an initial public offering last year, restarted its plans for a public listing that it expects will raise $313.5 million next week. An SEC filing shows how much Paul Weiss and Davis Polk & Wardwell stand to benefit from the future float.

Three Am Law 100 Firms Tap Transactional Trio for M&A Expertise

Brian Baxter : The Am Law Daily : April 06, 2015

With deal volume up during the first quarter, O'Melveny & Myers, Shearman & Sterling and Covington & Burling made notable additions Monday to bolster their M&A ranks in New York.

Skadden Runs Up Against Davis Polk, S&C for Lead in M&A Rankings

Jennifer Henderson : The Am Law Daily : April 06, 2015

After dominating the top spot in three separate M&A rankings of legal advisers by deal value last year, Skadden, Arps, Slate, Meagher & Flom was bumped by Davis Polk & Wardwell and Sullivan & Cromwell in two of the rankings for the first quarter.

$34.6 Billion Megamerger: Halliburton, Baker Hughes to Form O&G Giant

Angela Neville : Texas Lawyer : April 03, 2015

With both Houston-based companies facing financial challenges caused by the current adverse business climate, Halliburton and Baker Hughes are gearing up to integrate "late in the second half" of 2015.

Deal Watch: Four Am Law Firms Advise on UnitedHealth's $12.8 Billion Catamaran Buy

Jennifer Henderson : The Am Law Daily : April 02, 2015

This week's roundup of deals worth $1 billion or more features UnitedHealth Group Inc.'s $12.8 billion acquisition of Schaumburg, Illinois-based pharmacy benefits manager Catamaran Corp. Sullivan & Cromwell, Blake, Cassels & Graydon and Squire Patton Boggs advised UnitedHealth in the transaction, while Sidley Austin and Baker & McKenzie worked on behalf of Catamaran.

This Week's Deals

David Ruiz : The Recorder : April 02, 2015

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