Kramer Levin Naftalis & Frankel Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Kramer Levin Naftalis & Frankel LLP

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

Kramer Levin Naftalis & Frankel LLP

  • Designation: New York
  • Head Count: 313
  • Gross Revenues: $322,000,000
  • Revenue Per Lawyer: $1,030,000
  • Profits Per Partner: $1,750,000
  • Year Over Year Change: -1

Kramer Levin Naftalis & Frankel is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Kramer Levin Naftalis & Frankel has 313 attorneys and is the 142nd largest firm in the United States.  With $322,000,000 in gross revenue in 2013, the firm placed 95th on The American Lawyer's 2014 Am Law 200 ranking.  The firm has offices in CA, NY and Paris.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 95 -1 Gross revenue
Am Law 200 95 -1 Gross revenue
NLJ 250 142 -6 Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard 71 -24 Pro-bono commitment
Diversity Scorecard 98 -6 Minority head count
Midlevel Associates Survey 61 -18 Job satisfaction
Summer Associates Survey 40 2 Summer programs

In the News

On the Move

: New York Law Journal : October 22, 2014

Kramer Levin, White & Case, Borah Goldstein and Bracewell & Giuliani have each added attorneys, while White & Case has promoted four attorneys to partner.

Wall Street Targets Urge NY Judges to Hobble the SEC

David Bario : The Litigation Daily : October 22, 2014

A trio of federal judges—and eventually the U.S. Court of Appeals for the Second Circuit—will have to grapple with the SEC's power to target Wall Street defendants on the agency's own turf.

Movers

: The National Law Journal : October 20, 2014

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

Kramer Levin Becomes Target in TransPerfect Partners' Row

Julie Triedman : The Litigation Daily : October 17, 2014

A multijurisdictional slugfest between the cofounders of the world's third-largest translation company is heating up after Sullivan & Cromwell sought sanctions against one of the founders and her lawyers at Kramer Levin Naftalis & Frankel.

Drone Practices Take Off at Hogan Lovells, MoFo

Nathalie Pierrepont : The Am Law Daily : October 16, 2014

Hogan Lovells and Morrison & Foerster are the latest Am Law firms to launch new practice groups focused on drones in the race to claim an early stake in the business.

Blank Rome Whistleblower Group Defects, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : October 10, 2014

One of the few whistleblower practices at an Am Law 100 firm is heading out on its own; fast-growing Parker Ibrahim & Berg raids Edwards Wildman Palmer to branch out in Boston; Ballard Spahr's mortgage banking head goes in-house; and more notable moves from throughout The Am Law 200.

Investment Advisory Firm Pays $600,000 to Settle SEC Charges

Jamille Sutton : The American Lawyer : September 22, 2014

Investment advisory firm Strategic Capital Group LLC will pay close to $600,000 to settle Securities and Exchange Commission charges accusing it of participating in trades involving conflicts of interest, the agency said Thursday.

New York Cases Show Hurdles of Arbitration Challenges

Suevon Lee : Commercial Litigation Insider : September 10, 2014

A financial manager's failed attempt last week to stay a regulatory agency's arbitration proceeding illustrates the challenges of convincing New York courts to play referee.

Corporate Restructuring and Bankruptcy

: New York Law Journal : September 08, 2014

In this Special Report from the New York Law Journal: "Protecting the Rights of IP Licensors, Licensees in Bankruptcy," "Puerto Rico's New Bankruptcy Law: A Quick Fix?," "Litigating Make-Whole Premiums in Bankruptcy" and "Applying the Proper Valuation for a Company's Industry."

Kramer Levin Lawyer Tests Boundaries on Drone Law

Ross Todd : The American Lawyer : September 04, 2014

An advocate for commercial uses of unmanned aircraft systems is an enthusiast too.

Judge Dismisses Kickback-Related Suit Against Swiss Bank

Suevon Lee : Commercial Litigation Insider : September 03, 2014

A New York state judge has dismissed a $350 million lawsuit filed by Saudi Arabian citizens against a private Swiss bank that used a New York correspondent bank to receive funds allegedly connected to an extensive bribery scheme.

Eckert Seamans Responds to Zappala's Disqualification Motion

Gina Passarella : The Legal Intelligencer : September 02, 2014

Eckert Seamans Cherin & Mellott said it should not be disqualified from representing a "kids-for-cash" scandal defendant in a civil suit when the firm sued that defendant in a civil rights suit on behalf of one of the kids because both parties signed conflict waivers.

Recognition for Lawyers

: New York Law Journal : August 29, 2014

Kramer Levin partner Steven Goldman has been appointed by President Obama to the advisory committee on the arts for the John F. Kennedy Center for the Performing Arts, among other announcements.

Not His Fight, Cuban Boxer Against The Ropes In Spat Between Rival Agents

John Pacenti : Daily Business Review : August 21, 2014

Two rival boxing promoters are embroiled in a lawsuit over Cuban-born boxer Rances Barthelemy, the new IBF super featherweight champion.

Chancery Awards PharmAthene Damages for Expected Profits

Jeff Mordock : The Legal Intelligencer : August 15, 2014

The Delaware Court of Chancery has awarded PharmAthene Inc. lump-sum damages based on the expected profits from a smallpox vaccine it developed with Siga Technologies Inc.

Chancery Court Awards PharmAthene Damages for Expected Profits

Jeff Mordock : Delaware Business Court Insider : August 13, 2014

The Delaware Court of Chancery has awarded PharmAthene Inc. lump-sum damages based on the expected profits from a smallpox vaccine it developed with Siga Technologies Inc.

Judge Nixes Price-Fixing Suit Against Alleged Chinese Cartels

Charles Toutant : New Jersey Law Journal : July 25, 2014

A $58 million antitrust suit, claiming Chinese companies conspired to fix prices for the mineral magnesite, was dismissed July 24 by a Newark federal judge who found that the plaintiffs lacked statutory standing to sue.

Personal Notes on Lawyers

: New York Law Journal : July 21, 2014

Rodger Citron has been appointed to serve as associate dean for academic affairs at Touro College Jacob D. Fuchsberg Law Center, Martin Clearwater & Bell has added Gregory Reilly as a partner and head of its employment and labor law practice group, and other moves.

Swipe Fee Case Moves Ahead Against Card Companies

Susan Beck : The Litigation Daily : July 20, 2014

A group of major merchants that opted out of a $5.7 billion antitrust settlement with Visa and MasterCard have cleared a hurdle in their case against the card companies over swipe fees.

Conviction Overturned Based on Government Retention of ESI

Alan R. Friedman, Brendan M. Schulman and Samantha V. Ettari : New York Law Journal : July 17, 2014

Alan R. Friedman, Brendan M. Schulman and Samantha V. Ettari discuss a recent Second Circuit decision overturning a criminal tax evasion conviction because the government had retained electronically stored information for too long after the execution of a search warrant and then improperly searched and used that ESI in a case unrelated to the warrant from which it was procured.

Litigation

: New York Law Journal : July 14, 2014

In this Special Report from the New York Law Journal, : "Fair Play Act Targets Commercial Trucking Industry," "Pleading Fraud With Particularity," "Top 10 Dos and Don'ts for Compensating Fact Witnesses" and "Courts Limit Exposure for Breach of Warranties."

Top 10 Dos and Don'ts for Compensating Fact Witnesses

Eric Tirschwell and Theodore S. Hertzberg : New York Law Journal : July 14, 2014

Eric Tirschwell and Theodore S. Hertzberg of Kramer Levin Naftalis & Frankel review the basic legal and ethical framework applicable to New York lawyers, and set out a list of rudimentary "dos" and "don'ts" to assist counsel when faced with the difficult question of whether and when it is proper and/or strategically wise to agree to compensate fact witnesses.

Lawyers, Hobbyists Bemoan New Drone Rules

Jimmy Hoover : Legal Times : June 25, 2014

Entrepreneurs like Jeff Bezos looking to incorporate drones into their business practices will have to wait a little longer, according to a proposed rule from the Federal Aviation Administration about safety procedures for the operators of unmanned aerial systems. The message was clear: hobbyists only.

Marketplace

Monica Paquette : New York Law Journal : June 18, 2014

RXR Realty has closed on the deal to acquire 61 Broadway for $330 million, after being in contract for about two months. Also, Delshah Capital has purchased an office building at 221 W. 17th St. for $26.4 million.

Rajat Gupta Loses Latest Appeal as Prison Term Kicks Off

Ross Todd : The Litigation Daily : June 17, 2014

On the same day that Gupta begins a two-year prison term for criminal insider trading, Wilmer's Seth Waxman lost a bid to contest a hefty fine and injunction won by the SEC in its parallel civil case.

Court Opens Companies To Litigation Over Labeling

Marcia Coyle : The National Law Journal : June 16, 2014

Food and beverage companies would be wise to take a long, hard look at their product labels in light of a U.S. Supreme Court decision clearing the way for competitors to allege those labels are false or misleading.

SCOTUS Closes Safe Harbor in False-Advertising Wars

Marcia Coyle : Supreme Court Brief : June 12, 2014

Companies would be wise to take a long, hard look at their product labels in light of a U.S. Supreme Court decision clearing the way for competitors to allege those labels are false or misleading.

Supreme Court Closes Safe Harbor in False-Advertising Wars

Marcia Coyle : Supreme Court Brief : June 12, 2014

Food and beverage companies and others would be wise to take a long, hard look at their product labels in light of a U.S. Supreme Court decision clearing the way for competitors to allege those labels are false or misleading.

Supreme Court Closes Safe Harbor in False-Advertising Wars

Marcia Coyle : Supreme Court Brief : June 12, 2014

Food and beverage companies and others would be wise to take a long, hard look at their product labels in light of a U.S. Supreme Court decision clearing the way for competitors to allege those labels are false or misleading.

New Deals

Brian Baxter : The Am Law Daily : May 22, 2014

At least a dozen firms are advising on telecommunications giant AT&T's proposed $48.5 billion acquisition of DirecTV. Also, Darden Restaurants has agreed to sell Red Lobster to private equity firm Golden Gate Capital for $2.1 billion in cash.