Kasowitz, Benson, Torres & Friedman Law Firm Profile

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Kasowitz, Benson, Torres & Friedman LLP

  • Designation: New York
  • Head Count: 372
  • Gross Revenues: $229,500,000
  • Revenue Per Lawyer: $615,000
  • Profits Per Partner: $1,450,000
  • Year Over Year Change: -6

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Kasowitz, Benson, Torres & Friedman is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Kasowitz, Benson, Torres & Friedman has 372 attorneys and is the 117th largest firm in the United States.  With $229,500,000 in gross revenue in 2013, the firm placed 130th on The American Lawyer's 2014 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 200 130 -6 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

AG Settles With Healthcare Provider Services in Jails

Joel Stashenko : New York Law Journal : September 29, 2014

A private healthcare provider will pay $440,000 in restitution to two counties under a settlement with New York state officials over its alleged failure to provide contracted-for medical services to jail inmates.

A Bank, a Bankruptcy, and the World of Shariah Law

Chris Johnson : The American Lawyer : September 29, 2014

The Chapter 11 restructuring of Bahrain-based Arcapita Bank, led by Gibson Dunn, saw U.S. bankruptcy courts faced for the first time with the world of Shariah law.

Designer Shoe Founders Prevail on $1.8M Wages Claim

Suevon Lee : Commercial Litigation Insider : September 24, 2014

The founders of a designer women's footwear line are entitled to more than $1.8 million in back pay after a Manhattan state judge found they were fired without cause by a manufacturer who purchased a majority stake in their business eight years ago.

Schlesinger Team Scores $3.1 Million Tobacco Win

Adolfo Pesquera : Daily Business Review : September 24, 2014

Attorneys Steven J. Hammer, Jonathan Gdanski and Scott P. Schlesinger still got a survival claim despite the jury finding smoking-related diseases did not cause their client's death.

Dentons' New LatAm CEO Eyes Mergers, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : September 17, 2014

Jorge Alers, a former head of the Latin American practice at two Am Law 100 firms and most recently general counsel for the Inter-American Development Bank, is on the lookout for potential combinations as the new CEO of Dentons' Latin American and Caribbean group. The Am Law Daily takes an in-house focused look at the latest round of notable hires from throughout The Am Law 200.

In the Home Stretch, FHFA Inks $550M Deal With HSBC

Jan Wolfe : The Litigation Daily : September 12, 2014

Like more than a dozen bank defendants before it, HSBC on Friday reached a megabucks settlement to end its mortgage-backed securities fight with Fannie and Freddie's conservator.

Eleventh Circuit Blasts Lawyer, Tosses Florida Smoker Suits

Jan Wolfe : The Litigation Daily : September 10, 2014

"Any lawyer worth his salt knows a dead person cannot maintain a personal injury action," an appellate panel wrote in throwing out hundreds of defective personal injury cases brought by Florida lawyer Norwood Wilner.

Marketplace

Monica Paquette : New York Law Journal : September 10, 2014

The Neiman Marcus Group Inc. has signed a lease for 250,000 square feet for the creation of a three-level Neiman Marcus anchor store at The Shops of Hudson Yards, a 1-million-square-foot retail center under construction on Manhattan's far West Side.

Panel Upholds Breach Claim Over Football Club Debt

Suevon Lee : New York Law Journal : September 09, 2014

An investment fund that served as a creditor to former owners of the Liverpool Football Club avoided being outscored by its opponent last week when an appellate panel found that it properly alleged a $70 million breach of contract claim against the competing lender that provided additional loan financing.

Panel Upholds Contract Breach Claim Over Football Club Debt

Suevon Lee : Commercial Litigation Insider : September 05, 2014

An investment fund that served as a creditor to former owners of the Liverpool Football Club avoided being outscored by its opponent Thursday when an appellate panel held it properly alleged a $70 million breach of contract claim against the competing lender that provided additional loan financing.

Defunct Firm Must Continue Paying Office Sublease

Christine Simmons and Joel Stashenko : New York Law Journal : September 03, 2014

Partially reversing a lower court, a state appeals panel has ruled that dissolved law firm Arkin Kaplan Rice is still responsible for its office sublease.

Banks Beat FDIC Suit Over Mortgage-Backed Securities

Jan Wolfe : The Litigation Daily : September 02, 2014

Adopting an argument that other courts have rejected, a federal judge in Manhattan ruled that the FDIC waited too long to sue Deutsche Bank, Royal Bank of Scotland, Credit Suisse and other banks that sold mortgage-backed securities.

Remaining Banks Hit Another Dead End in FHFA Case

Jan Wolfe : The Litigation Daily : August 28, 2014

We've lost count of how many times the banks sued by the Federal Housing Finance Agency for selling shoddy mortgage-backed securities have had their defenses slapped down by U.S. District Judge Denise Cote.

PwC Can't Shake MF Global Malpractice Suit

Ross Todd : The Litigation Daily : August 27, 2014

The administrator unwinding MF Global called on Kasowitz Benson to sue PricewaterhouseCoopers, claiming that the accounting firm's advice led MF Global to amass enormous exposure to European debt, contributing to more than $1 billion in losses.

Smoker With Sickness Awarded $7.5 Million

: VerdictSearch : August 13, 2014

Commercial Litigation

: New York Law Journal : August 11, 2014

In this Special Report from the New York Law Journal : "The Future of Channel Bundling: Full Course Option, or TV à la Carte?," "Overcoming Confusion for Franchisors," "The Bankruptcy Automatic Stay: A Guide for Commercial Litigators" and "Shifting Sands: Practical Advice on Delaware Fee-Shifting Bylaws."

Goldman Mulls Deal as Banks Suffer New Blow in FHFA Cases

Jan Wolfe : The Litigation Daily : July 28, 2014

With trial approaching for Goldman, RBS, HSBC and Nomura, a judge rejected the argument that Fannie Mae and Freddie Mac knew they were being misled about billions of dollars in residential mortgage-backed securities they purchased before the financial crisis.

Judge Upholds Corporate Veil in Home Construction Case

Brendan Pierson : New York Law Journal : July 24, 2014

A Suffolk judge has refused to pierce the corporate veil against the principal of a construction company to enforce a $2.2 million judgment over a failed project, ruling that the plaintiffs failed to show that the principal misused the corporate form and deliberately dissipated the company's assets.

Discovery: The Next Phase of RMBS Gridlock

Suevon Lee : Commercial Litigation Insider : July 23, 2014

In back to back discovery rulings last week, Manhattan Justice Shirley Kornreich put a lid on how much information plaintiffs could obtain from Credit Suisse and Goldman Sachs about their roles structuring residential mortgage loan securities in the run-up to the financial crisis.

Lloyd's Can't Duck Claims Over MBIA Restructuring Fight

David Bario : The Litigation Daily : July 17, 2014

After toiling through four years of litigation related to MBIA Inc.'s 2009 restructuring, the bond insurer's lawyers at Kasowitz Benson won a ruling this week that puts Lloyd's of London and other underwriters on the hook for a hefty portion of MBIA's defense tab.

Big Tobacco Trumps Plaintiffs Bar By Using Technicality In Offer Of Judgment

Noreen Marcus : Daily Business Review : July 07, 2014

Douglas Eaton, who handles appeals for tobacco plaintiffs at Eaton and Wolk, said Big Tobacco defense lawyers are extremely skilled and "will find any hypertechnical flaw."

Big Tobacco Trumps Plaintiffs Bar By Using This Technicality

Noreen Marcus : Daily Business Review : July 07, 2014

Douglas Eaton, who handles appeals for tobacco plaintiffs at Eaton and Wolk, said Big Tobacco defense lawyers are extremely skilled and "will find any hypertechnical flaw."

Nomura Breach Claim in RMBS Suit Not Time-Barred, Judge Finds

Suevon Lee : Commercial Litigation Insider : June 30, 2014

Another loan repurchase action involving $254 million in residential mortgage-backed securities sailed through the pleadings stage after a Manhattan Commercial Division judge denied dismissal of most claims in a recent decision.

Family Recovers $60,000 For Lung Cancer Death

: Daily Business Review : June 25, 2014

Banks Cite Superfund Ruling in New Bid to Beat FHFA Claims

Jan Wolfe : The Litigation Daily : June 23, 2014

Three hold-out banks that have refused to settle with the FHFA—Nomura, HSBC and Goldman Sachs—rehashed old arguments to defeat claims that they misled Fannie Mae and Freddie Mac about the riskiness of billions of dollars in securities backed by home loans.

Smoker's Family Awarded $5.3 Million

VerdictSearch : Daily Business Review : June 11, 2014

Family of smoker awarded $5.3 million

: VerdictSearch : June 04, 2014

The 2014 Am Law 200: Our Exclusive Report

: The American Lawyer : May 29, 2014

A year after going on a hiring binge, Am Law Second Hundred firms were left to tally up whether gambling on growth had paid off. In many instances, the answer was 'no.'

Am Law Second Hundred Firms of Note: Kasowitz Benson

Jan Wolfe : The American Lawyer : May 29, 2014

As suits stemming from the financial crisis end, the New York firm's profits fall.