Milbank, Tweed, Hadley & McCloy Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Milbank, Tweed, Hadley & McCloy LLP

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

Milbank, Tweed, Hadley & McCloy LLP

  • Designation: New York
  • Head Count: 649
  • Gross Revenues: $771,000,000
  • Revenue Per Lawyer: $1,190,000
  • Profits Per Partner: $2,765,000
  • Year Over Year Change: 0

Milbank, Tweed, Hadley & McCloy is a New York-based law firm.  According to the National Law Journal's 2016 NLJ 350 ranking of firms based on size, Milbank, Tweed, Hadley & McCloy has 649 attorneys and is the 61st largest firm in the United States.  With $771,000,000 in gross revenue in 2015, the firm placed 40th on The American Lawyer's 2016 Am Law 200 ranking.  On the 2015 Global 100 survey, Milbank, Tweed, Hadley & McCloy ranked as the 49th 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 40 0 Gross revenue
Am Law 200 40 0 Gross revenue
NLJ 250 66 0 Lawyer head count
The A-List 8 -4 Overall excellence
Pro Bono Scorecard 13 2 Pro-bono commitment
Diversity Scorecard 13 -1 Minority head count
Midlevel Associates Survey 68 25 Job satisfaction
Summer Associates Survey 16 -4 Summer programs

In the News

Two Partners Join Jones Day, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : July 11, 2016

Jones Day recruits two new partners on opposite coasts after a top restructuring duo departs; Milbank makes a rare lateral hire; Paul Hastings makes some high-profile additions; and other notable moves from throughout The Am Law 200.

Downsizing Continues at Law Firm Libraries

MP McQueen : The American Lawyer : July 07, 2016

Law libraries are phasing out print collections and reinventing themselves as sources of competitive intelligence and analytics.

Orrick Hires Silicon Valley Vet with International Credential

Scott Graham : The Recorder : July 04, 2016

After managing the patent system for the UN, James Pooley goes back to Big Law to help clients with trade secret cases.

Wilmer Attorneys Fend Off SEC Claims in Fraud Trial

Ross Todd : The Recorder : July 01, 2016

A team from Wilmer Cutler Pickering Hale and Dorr led by partners Randall Lee and Heather Tewksbury beat back claims this week from the U.S. Securities and Exchange Commission on behalf of two former executives of failed New Mexico mortgage lender Thornburg Mortgage Inc.

Big Deals

Rebecca Geiger : Focus Europe : July 01, 2016

The law firms with roles in the largest recent M&A deals across Europe.

EY Hires Norton Rose Fulbright Partner As Big Four Continue Push Into Law

Chris Johnson : The Am Law Daily : June 21, 2016

The Big Four accounting firms are continuing to invest heavily in their legal services arms, expanding their presence in the Americas even as their footprint grows in the United Kingdom.

Allen & Overy to Match Cravath's U.S. Associate Pay

Rose Walker : Legal Week : June 20, 2016

The Magic Circle firm joins the ongoing U.S. associate pay war, announcing pay rise for first-year U.S. associates to $180,000

Big Law Cautious About Raising Salary of Asia-Based Associates-With Updates

Anna Zhang and Frances Ivens : The Asian Lawyer : June 20, 2016

While Global firms race to match Cravath's new associate salary scale in New York and the rest of the U.S., they are more cautious when it comes to increasing salaries in Asia.

Am Law 100 Firms Match Pay Raise for Asia Associates-Further Updated

Frances Ivens and Anna Zhang : The Asian Lawyer : June 14, 2016

Milbank, Kirkland, Simpson Thacher, Paul Weiss, Weil and Davis Polk have confirmed associates pay increase will include those based in Asia.

Calif. Firms Slow to the Draw in Salary Wars

Rebecca Cohen : The Recorder : June 10, 2016

It took several days for news of Cravath's associate salary hikes to cause California's largest firms to act.

In Viacom Fight, GC Is in "Unenviable" Spot

Sue Reisinger : Corporate Counsel : June 07, 2016

When it comes to the struggle over control of Viacom Inc., there is one thing nearly all experts agree on: General counsel Michael Fricklas is in a tough position that no one else envies.

Big Firms Move to Match Cravath Associate Pay Boost

MP McQueen and Susan Beck : The Am Law Daily : June 07, 2016

At least four large New York firms have moved quickly to match the new base pay scale for associates set Monday by Cravath, Swaine & Moore. And some consultants say more big firms will follow suit.

The Lawyers Behind the 0.1 Percent

Susan Beck : The American Lawyer : May 31, 2016

Inside the clubby world of the trusts and estates bar, which is making a resurgence at some firms.

Deal Watch: Four Firms Keen to Create Mega REIT

Jennifer Henderson : The Am Law Daily : May 26, 2016

Just in time for Memorial Day, four Am Law 100 firms sought to stoke and celebrate their transactional expertise by advising on an $8.4 billion combination of two leading real estate investment trusts.

Fenwick & West Heads to NYC, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : May 25, 2016

Silicon Valley stalwart Fenwick & West is poised to set up shop in the Big Apple; Boies Schiller brings on two more litigators; Ropes & Gray grabs another private equity pro in London; and other notable additions from throughout The Am Law 200.

More Law Firms Outsource Their Law Libraries

MP McQueen : The American Lawyer : May 23, 2016

Herrick Feinstein is the latest large firm seeking to save money by hiring an outside provider to handle library services.

Berger Singerman

Amanda Bronstad : The National Law Journal : May 23, 2016

Miami-based Berger Singerman has its toes in all of Florida's waters, wading through key business disputes, bankruptcies and real estate deals.

Big Deals

: The American Lawyer : May 23, 2016

This Week's Deals

David Ruiz : The Recorder : May 05, 2016

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

Milbank to Move Uptown Into Hudson Yards Site

Christine Simmons : New York Law Journal : May 02, 2016

Milbank, Tweed, Hadley & McCloy, a firm that has spent the last 150 years in downtown Manhattan, will relocate its headquarters to the Hudson Yards development in 2018.

From Bowie to Boies: Milbank Looks to Hudson Yards as New Home

Jennifer Henderson : The Am Law Daily : April 29, 2016

It's the end of an era. Milbank, Tweed, Hadley & McCloy is poised to leave New York City's financial district for midtown Manhattan, a departure that moves the Wall Street firm from the historic home of a banking icon to a new development on the West Side.

A Low-Growth Year for Many of Wall Street's Elite

Julie Triedman : The American Lawyer : April 25, 2016

Mixed signals in the financial sector and the end of recession-related litigation held profits down in New York.

In His Late 70s But Not Slowing Down, Former Skadden Lawyer Named GC of Kraken

Marlisse Silver Sweeney : Corporate Counsel : April 21, 2016

In his role as U.S. general counsel to Germany's Fidor Bank, Edward Stadum conducted an external audit of Kraken, a leading bitcoin exchange. Stadum clearly liked what he saw because he's now joining the company as its general counsel.

An Early Look at the 2016 Am Law 100

: The Am Law Daily : April 20, 2016

Before The American Lawyer's complete annual Am Law 100 report is released on April 25, take a peek at preliminary reporting on law firm financials from The Am Law Daily and its regional affiliates.

Berger Singerman Guides Cargo Airline From Bankruptcy to Sale

Celia Ampel : Daily Business Review : April 19, 2016

The legal team prepared Southern Air Holdings for a $110 million sale to Atlas Air Worldwide Holdings.

Milbank, Latham, Davis Polk Advise on BATS, Big Casino IPOs

Brian Baxter : The Am Law Daily : April 17, 2016

After a slow start to 2016, capital markets in the U.S. are finally warming up with a bevy of high-profile public listings for a pair of big casino companies, as well as an electronic exchange operator, all of whom are sending millions in legal fees to Am Law 100 coffers.

The Am Law 100: Proskauer Rose's World Mostly Flat in 2015

Jennifer Henderson : The Am Law Daily : April 12, 2016

Proskauer Rose stayed in growth mode last year, posting slight gains in gross revenue, profits per partner and revenue per lawyer.

White & Case Snags McDermott Partners to Open Boston Office

Nell Gluckman : The Am Law Daily : April 11, 2016

Four McDermott Will & Emery partners are leaving for White & Case, including the leader of McDermott's white-collar practice.