Kasowitz, Benson, Torres & Friedman Law Firm Profile

More Profiles:
Choose A Law Firm

IN-DEPTH RESEARCH REPORT
on Kasowitz, Benson, Torres & Friedman LLP

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

Kasowitz, Benson, Torres & Friedman LLP

  • Designation: New York
  • Head Count: 337
  • Gross Revenues: $263,000,000
  • Revenue Per Lawyer: $780,000
  • Profits Per Partner: $1,965,000
  • Year Over Year Change: 11

Kasowitz, Benson, Torres & Friedman is a New York-based law firm.  According to the National Law Journal's 2015 NLJ 350 ranking of firms based on size, Kasowitz, Benson, Torres & Friedman has 337 attorneys and is the 131st largest firm in the United States.  With $263,000,000 in gross revenue in 2014, the firm placed 119th on The American Lawyer's 2015 Am Law 200 ranking.  The firm has offices in CA, DC, FL, GA, NJ, NY and TX.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 NR N/A Gross revenue
Am Law 200 119 11 Gross revenue
NLJ 250 117 3 Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard 97 21 Pro-bono commitment
Diversity Scorecard 37 -4 Minority head count
Midlevel Associates Survey NR N/A Job satisfaction
Summer Associates Survey 47 -32 Summer programs

In the News

Smoker Awarded $560,000 After Getting Lung Cancer

: VerdictSearch : June 24, 2015

Madoff's Dual Role Blocks Bid to Recoup Losses, Panel Says

Ben Bedell : New York Law Journal : June 24, 2015

The fact that Bernard Madoff orchestrated his Ponzi scheme under two hats—that of "investment advisor" and "securities broker"—means an insurance policy meant to indemnify for losses suffered as a result of an investment advisor's fraud is worthless, an appellate court ruled Thursday.

Litigator of the Week: David Woll of Simpson Thacher & Bartlett

David Bario : The Litigation Daily : June 18, 2015

Banks that sold or sponsored mortgage-backed securities in the run-up to the financial crisis breathed a sigh of relief last week, when Woll persuaded New York's highest court that the deadline for most investors to sue has long since passed.

Cozen, McKenna Long at Opposite Ends of Growth Spectrum

Brian Baxter : The Am Law Daily : June 11, 2015

With the NLJ 350 inspiring law firms to size up their competitors this week, we took a look at the Am Law 200 firms that saw their legal ranks fluctuate the most through the first six months of 2015.

Marketplace

Monica Paquette : New York Law Journal : June 10, 2015

The Brooklyn Navy Yard Development Corporation, the nonprofit group that manages the 300-acre, city-owned Brooklyn Navy Yard, with 40 buildings, has signed a 96-year ground lease with developer Steiner NYC LLC for the $140 million redevelopment of a six-acre, mixed-use complex called Admirals Row along Flushing Avenue.

Associate Hiring Stood Still at Firms Last Year

Karen Sloan : The National Law Journal : June 08, 2015

The number of junior lawyers fell by 27 on the entire NLJ 350, dropping 0.04 percent.

Brawls With League Yield More Big Legal Bills for NFL Players

Brian Baxter : The Am Law Daily : June 02, 2015

The National Football League Players Association filed its annual financial report with the U.S. Department of Labor, which shows that the powerful professional sports union has paid big money to lawyers from five leading Am Law 100 firms.

Complex Litigation

: New York Law Journal : June 01, 2015

In this Special Report from the New York Law Journal, brought to you free by : "The Application of Foreign Law When Litigating a Forum Selection Clause," "Litigation Funding: Moving Toward Social and Ethical Responsibility," "Courts Divide on Use of Prior Unadjudicated Complaints" and "The Rules of the Game Have Changed in Patent Litigation."

Kasowitz's Revenues Get Big Bounce From FHFA

Scott Flaherty : The American Lawyer : May 28, 2015

Securities settlements help fuel Kasowitz's leap in revenue per lawyer.

The Am Law 200 Second Hundred: The Financial Report

Drew Combs : The American Lawyer : May 28, 2015

The group showed improvement, but its results lagged behind The Am Law 100's.

NY Attorney Sentenced in Phony Stock Scheme

Joel Stashenko : New York Law Journal : May 27, 2015

A New York attorney received 18 months in prison Tuesday from a federal judge in New Jersey for what authorities said was the effort he led to manipulate the prices of two stocks by creating phony trades and other fraudulent methods.

Marketplace

Monica Paquette : New York Law Journal : May 27, 2015

The Kushner Companies has entered into an agreement to purchase the retail condominium space at 229 W. 43rd St., the former headquarters of the New York Times, for $296 million.

The Tobacco Litigation That Wouldn't Die

Carlyn Kolker : The American Lawyer : May 25, 2015

The original "Engle" tobacco class action is long gone, but its progeny live on. Now the verdicts and settlements are mounting.

Reed Smith Adds Seven as Sports Pro Departs, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : May 24, 2015

A seven-partner team will open a new Frankfurt office for Reed Smith, which saw a top sports lawyer head for greener fields; Foley Hoag brings on Massachusetts' former attorney general; Cravath hires from Crowell & Moring; and more notable additions from throughout The Am Law 200.

Firms to Appeal Ruling Over Facebook Suit

David Bario : New York Law Journal : May 22, 2015

Three major law firms are appealing a court decision letting Facebook's suit against them proceed.

Law Firms' Fight With Facebook Heads to Appeals Court

David Bario : The Litigation Daily : May 19, 2015

After losing an early bid to escape the wrath of Facebook Inc., DLA Piper, Milberg and others are hoping they'll have better luck before a New York appeals court.

Survey: Firm Leaders Say Overcapacity Is Hurting Profitability

Nell Gluckman : The Am Law Daily : May 12, 2015

Altman Weil's seventh annual survey of law firms reveals that most have not bounced fully back since the Great Recession. Among the biggest challenges facing big firms today are overcapacity, new sources of competition and aging partners who don't have solid succession plans.

2015 Rising Stars

: New York Law Journal : May 11, 2015

The New York Law Journal congratulates the 50 young lawyers chosen as 2015 Rising Stars by a panel of 24 esteemed judges.

Legal Services Gains 2,300 Jobs in April, But Industry Layoffs Continue

MP McQueen : The Am Law Daily : May 08, 2015

The number of individuals employed in the legal services industry increased in April, despite a recent spate of staff reductions at Am Law 200 firms. Proskauer Rose became the latest to join those making cutbacks.

Fraud Action Reinstated Against Goldman Sachs

Joel Stashenko : New York Law Journal : May 08, 2015

The Court of Appeals Thursday reinstated a lawsuit against Goldman Sachs & Co. for allegedly inducing an insurer to cover a mortgage-backed security that was designed to fail. The court also issued a ruling on whether judges can compel prosecutors to call witnesses or take other actions within their discretion under threat of contempt.

Kasowitz Revives ACA Lawsuit Over Goldman ABACUS CDO

David Bario : The Litigation Daily : May 07, 2015

Being called a "sophisticated investor" may be less of a handicap for plaintiffs in New York after a ruling by the state's highest court Thursday in .

Firm Leaders Expect Corporate Work to Drive Revenue

Christine Simmons : New York Law Journal : May 04, 2015

New York Law Journal reporter Christine Simmons conducts an informal survey of nine law firm leaders on their expectations for the rest of 2015 based on the first quarter of the year.

DISH Fends Off RICO Suit in Sprawling LightSquared Battle

Susan Beck : The Litigation Daily : April 29, 2015

Sullivan & Cromwell's Bob Giuffra scored a win in the latest chapter of a litigation saga involving Charles Ergen of DISH Network and Philip Falcone of Harbinger Capital Partners.

11th Circuit Punts Tax Shelter Question to Florida Justices

Noreen Marcus : Daily Business Review : April 27, 2015

The question of when the beneficiaries of an IRS-targeted tax shelter should be allowed to sue their enablers will go to the Florida Supreme Court.

Litigation Department of the Year: Latham & Watkins

Ross Todd : The Recorder : April 24, 2015

Across practice areas, Latham litigators gave masterful courtroom performances, taking home key jury wins while also persuading judges to make new law that helped the whole corporate defense bar.

Court Blasts Ceglia Case on Eve of Law Firms' Hearing

David Bario : The Litigation Daily : April 20, 2015

A day before DLA Piper, Milberg and others must appear in court to defend their decisions to take Paul Ceglia's contract case against Facebook, the Second Circuit underscored the implausibility of Ceglia's claims.

In Google-Apple Rivalry, a Conflict Not Easily Waived

Patience Haggin : The Recorder : April 17, 2015

Both companies spread out their work and demand loyalty, which can wall out would-be laterals.

Legal Sector Jobs Backslide in March

Nell Gluckman : The Am Law Daily : April 03, 2015

After showing gains in February, the legal sector lost 1,200 jobs in March, according to seasonally adjusted preliminary data released Friday by the U.S. Bureau of Labor Statistics.

Firms Make It Hard for Partners to Say Goodbye

Patience Haggin : The Recorder : April 03, 2015

Leaving a law firm can be painful and protracted—and that's often by design, says Shartsis Friese partner Joel Zeldin.

Fried Frank Hires DLA Piper's $5 Million Man

Brian Baxter : The Am Law Daily : April 01, 2015

Fresh off a rebound financial year in 2014, Fried, Frank, Harris, Shriver & Jacobson has hired a new litigation chair in James "Jamie" Wareham from DLA Piper, a global legal giant that made its soon-to-be-former partner a $5 million man after hiring him four years ago from Paul Hastings.