Kramer Levin Naftalis & Frankel Law Firm Profile

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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 ranked 87th on The American Lawyer's 2011 Am Law 100 rankings of firms based on revenue, with $309,500,000 in gross revenue in 2010. With 326 attorneys, the firm placed 132nd on the National Law Journal's 2011 NLJ 250 rankings of firms based on size. Kramer Levin is a general practice firm with expertise in a number of practice areas, including corporate finance, antitrust, employment, litigation, financial institutions and services, and intellectual property law. In addition to its New York headquarters, Kramer Levin has an office in 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

Personal Notes on Lawyers

: New York Law Journal : January 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 : January 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 : January 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 : January 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 : January 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 : January 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 : January 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 : January 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 : January 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 : January 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 : January 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 : January 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 : January 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.

Portfolio Manager Gets 3 1/2 Years for Insider Trading

Mark Hamblett : New York Law Journal : January 19, 2014

Judge Richard Sullivan, going below the guidelines range in sentencing former SAC Capital portfolio manager Michael Steinberg, said the 2013 trial "was not a referendum on the man or the quality of his life" but was about whether the charges were proven beyond a reasonable doubt.

After Sentencing, SAC's Steinberg Looks to Second Circuit

Jan Wolfe : The Litigation Daily : January 18, 2014

Three-and-a-half years in federal prison isn't exactly a slap on the wrist. Still, with prosecutors gunning to put convicted insider trader Michael Steinberg behind bars for nearly twice that long, Steinberg's sentencing on Friday could have gone much worse.

Four Am Law Firms Dine on Red Lobster Sale

Brian Baxter : The Am Law Daily : January 16, 2014

Latham and Wachtell are advising Darden Restaurants on the $2.1 billion cash sale of seafood chain Red Lobster to longtime Kirkland & Ellis private equity client Golden Gate Capital. But some activist investors aren't happy.

Legal Fight Breaks Out Over Thwarted Boxing Match

Amanda Bronstad : The National Law Journal : January 14, 2014

The gloves are off in one of the biggest fights in professional boxing.

2014 Rising Stars

: New York Law Journal : January 01, 2014

The New York Law Journal congratulates the 42 young lawyers chosen as 2014 Rising Stars by a panel of 20 esteemed judges. Our panel reviewed more than 230 nominations of attorneys 40 and under who have established a record of accomplishments and demonstrated that they are top contributors to the practice of law and their communities.

Kirkland Grabs Role on Big Bankruptcy From Bygone Era

Brian Baxter : The Am Law Daily : January 30, 2014

Energy Future Holdings Corp., the Texas energy giant once known as TXU, filed for bankruptcy Tuesday in Delaware.

Dealmakers of the Year: Gary Lee, Morrison & Foerster

Julie Triedman : The American Lawyer : January 17, 2014

To get bankrupt mortgage servicer Residential Capital back on its feet, Lee looked beyond the Second Circuit for a precedent.

On the Move

: The Recorder : January 04, 2014

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

Court Keeps Alive Post Hole Digger Product Liability

Joel Stashenko : New York Law Journal : January 02, 2014

Over the objections of Judge Robert Smith, who derided his colleagues' "soak-the-rich" attitude, a 6-1 Court of Appeals found the seller and distributor of a post hole digger liable for an accident that cost a 16-year-old girl her arm, even though the device's owner admitted removing a safety device.

Insufficient Evidence Linked Mold to Health, Judges Rule

Joel Stashenko : New York Law Journal : January 28, 2014

Wrestling with a question that has gained the attention of other state courts in recent years, a 4-2 Court of Appeals said plaintiff's expert relied on various studies that showed an "association" between health problems and exposure to mold, but did not show either "general" or "specific" causation.

Wilmer's Waxman Strikes Out in Rajat Gupta Appeal

Jan Wolfe : The Litigation Daily : January 25, 2014

It's starting to look like all the appellate hired guns in the world can't dent the Manhattan U.S. attorney's undefeated record in insider trading trials.

Gay-Friendly Policies Can Help Law Firms, Advocates Say

Tania Karas : New York Law Journal : January 24, 2014

A work environment that welcomes lesbian, gay, bisexual and transgender lawyers is not only fundamentally fair, it can boost the bottom line. That was the message of Out in Law, a daylong event at New York University School of Law this month.

CDO Manager Borrows From Rajat Gupta's Playbook in SEC Fight

Jan Wolfe : The Litigation Daily : January 24, 2014

Wing Chau, who's been in hot water with the Securities and Exchange Commission since last year, now says the agency is violating his constitutional rights by using its administrative machinery—and not the federal courts—to press its case.

The Am Law 100, the Early Numbers: Elite New York Firms Pull Away

Julie Triedman : The Am Law Daily : January 20, 2014

A year after making only slight financial gains, a group of New York–based firms made up of some of The Am Law 100's most profitable members put even more distance between itself and the rest of the pack in 2013, according to The American Lawyer's reporting.

Kramer Levin Fights Off FAA Attempt to Fine Drone Pilot

Ross Todd : The Litigation Daily : January 07, 2014

In a groundbreaking case concerning the commercial use of drones, Kramer Levin knocked out a $10,000 fine the Federal Aviation Administration had imposed on a drone pilot who remotely flew a 56-inch foam glider to shoot aerial footage for an ad agency.

Movers

: The National Law Journal : January 17, 2014

Gary McConnell joins Eckert Seamans Cherin & Mellott's products liability practice as partner in the Pittsburgh office. Plus more law firm movers in this week's column.

Personal Notes on Lawyers

: New York Law Journal : January 10, 2014

Philip Weingold has joined Greenberg Traurig as a shareholder, Venable has added litigators Patrick Boyle and Jessie Beeber as partners, and several firms announce promotions.

On the Move

: The Recorder : January 04, 2014

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

State Bar Annual Meeting

: New York Law Journal : January 03, 2014

A list of the awards presented or announced by the New York State Bar Association during the group's annual meeting Jan. 27-31 at the Hilton New York.

The Churn: Dechert and MoFo's Revolving Door, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 28, 2014

Morrison & Foerster hires the Justice Department's top Foreign Corrupt Practices Act enforcer Charles Duross, while Dechert's white-collar and securities litigation cochair Benjamin Rosenberg is poised to leave his firm to become the New York County District Attorney's Office's next general counsel. Meanwhile, a Paul Weiss litigation partner is headed for the nonprofit sector. .