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: 592
  • Gross Revenues: $706,000,000
  • Revenue Per Lawyer: $1,195,000
  • Profits Per Partner: $2,565,000
  • Year Over Year Change: 2

Milbank, Tweed, Hadley & McCloy is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Milbank, Tweed, Hadley & McCloy has 592 attorneys and is the 66th largest firm in the United States.  With $706,000,000 in gross revenue in 2013, the firm placed 41st on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 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 41 2 Gross revenue
Am Law 200 41 2 Gross revenue
NLJ 250 66 6 Lawyer head count
The A-List 4 4 Overall excellence
Pro Bono Scorecard 15 2 Pro-bono commitment
Diversity Scorecard 17 -1 Minority head count
Midlevel Associates Survey 68 25 Job satisfaction
Summer Associates Survey 16 -4 Summer programs

In the News

Cleary, Milbank on Petronas' $5B Bond Sale

: The Asian Lawyer : March 23, 2015

The Malaysian state-owned energy company sold a mix of Islamic and conventional notes to raise cash in the wake of tumbling oil prices.

Deal Watch: One Skadden Client Ousts Another in Duel for Salix

Jennifer Henderson : The Am Law Daily : March 19, 2015

Our latest roundup of transactions sees Skadden client Valeant Pharmaceuticals International prevail over fellow firm client Endo International in its bid for Salix Pharmaceuticals, while Latham & Watkins, Ropes & Gray and Simpson Thacher & Bartlett advise several private equity clients on their proposed acquisitions of Chicago's Willis Tower and Life Time Fitness.

To Satisfy Clients, Law Firms Submit to Cybersecurity Scrutiny

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

At least a dozen Am Law 200 and Magic Circle firms have attained a certification called ISO 27001 to demonstrate they're taking steps toward protecting their documents and communication systems from security breaches, and at least 21 more are in the process of seeking the certification. But even those measures are not enough for some of their biggest bank clients, which demand even tougher standards to guard against cyberattacks.

Movers

: The National Law Journal : March 09, 2015

Laterals and new arrivals in this week's column.

Littler Goes to Guatemala, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 08, 2015

Littler Mendelson's Swiss verein enters Guatemala, as the global labor and employment firm loses a six-lawyer team in Atlanta; Covington & Burling opens in Los Angeles; Paul Hastings' hiring spree extends to Brazil; and other notable additions from throughout The Am Law 200.

2015 New Partners: A-C

: New Jersey Law Journal : March 06, 2015

Paul Hastings' Hiring Spree Continues With Magic Circle Raid

Brian Baxter : The Am Law Daily : March 06, 2015

The Los Angeles-based firm, which saw partner profits rise 8.5 percent in 2014, has picked up three partners from Allen & Overy and a new office in Brazil in the wake of other recent hires of note from Fried, Frank, Harris, Shriver & Jacobson and Shearman & Sterling.

Deal Watch: Three Am Law Firms Lead on AbbVie's $21 Billion Pharma Buy

Jennifer Henderson : The Am Law Daily : March 05, 2015

Big Pharma tops our latest roundup of deals worth $1 billion or more, with AbbVie Inc. agreeing to purchase cancer-drug maker Pharmacyclics Inc. for $21 billion. Skadden, Arps, Slate, Meagher & Flom advised on the most number of billion-dollar deals this week, with four, while Wachtell, Lipton, Rosen & Katz led the way by transaction value.

2015 New Partners Yearbook

: New Jersey Law Journal : March 04, 2015

This is the 's annual yearbook devoted to profiling both newly promoted partners and newly hired lateral partners at law firms in New Jersey.

Winners Announced for Asia Legal Awards 2015

: The Asian Lawyer : March 04, 2015

On Tuesday night, The Asian Lawyer held its second annual Asia Legal Awards, celebrating the region's top law firms. As promised, here's the list of lucky winners.

Milbank Adds Euro Trio, Plus More Lateral Moves

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

Milbank expands in London and Frankfurt; Gordon Rees Scully Mansukhani loses a top sports lawyer, but picks up more than a dozen others in Pittsburgh; Barclays and Deutsche Bank raid big firms for two in-house legal chiefs; Cadwalader brings on a top federal prosecutor; and other notable additions from throughout The Am Law 200.

The Am Law 100, the Early Numbers: Paul Hastings' Revenue Surpasses $1 Billion

Nell Gluckman : The Am Law Daily : February 26, 2015

Paul Hastings' gross revenue passed surpassed $1 billion mark, with gross revenue increasing by 6.3 percent, revenue per lawyer growing by 8 percent and partner profits and partner profits increasing by 8.5 percent. At the same time, the firm's total number of lawyers was down by 16, though the number of partners increased by seven.

The Am Law 100, the Early Numbers: Milbank Sees Spike in Revenue, Profits

Susan Beck : The Am Law Daily : February 25, 2015

For the second straight year, Milbank, Tweed, Hadley & McCloy produced significant growth in revenue and profits. Gross revenue in 2014 was up 7.8 percent, to $761 million, while revenue per lawyer rose 3.8 percent, to $1.24 million. Profits per partner increased 7 percent, to $2.745 million, on net income of $395 million, an increase of 12.4 percent.

On the Move

: New York Law Journal : February 17, 2015

Matthew Biben, former general counsel of consumer and community banking at JPMorgan Chase, has joined Debevoise & Plimpton; class action boutique Sanford Heisler is now named Sanford Heisler Kimpel to include partner Kate Kimpel; and more announcements.

An Early Look at The 2015 Am Law 100

: The American Lawyer : February 09, 2015

The Am Law Daily's early coverage of 2014 financial results of The Am Law 100/200 includes an examination into what's going on behind the numbers. This list will be updated as new results become available. Final rankings and full results for The Am Law 100 will be published in The American Lawyer's May 2015 issue and The Am Law Second Hundred will be published in the June issue.

Bird & Bird Expands Hong Kong Corporate Offering

Anna Zhang : The Asian Lawyer : February 06, 2015

Capital markets partner Wing On Chui joins from King & Wood Mallesons.

King & Wood Mallesons to Open in Singapore

Anna Zhang : The Asian Lawyer : February 03, 2015

The firm announced it plans to launch by early spring, after this week receiving a foreign law practice license from city-state regulators.

The Asian Lawyer Announces Finalists for Asia Legal Awards 2015

Nick Ferguson : The Asian Lawyer : February 02, 2015

We reveal the contenders for our annual awards ahead of a gala dinner in Hong Kong on March 3.

Polsinelli's Super Bowl Shuffle, Plus More Lateral Moves

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

Polsinelli, one of the Am Law 100's fastest-growing firms, churns through its partnership; Alston & Bird adds eight in Dallas; Freshfields hires again in New York; a Skadden practice leader goes in-house; and other notable hires from throughout The Am Law 200.

Milbank Taps Another A&O Partner in Hong Kong

Tom Brennan : The Asian Lawyer : January 28, 2015

David Kuo will strengthen the U.S. firm's private equity and high-yield bond capabilities in China.

DLA Piper Adds Three Partners in Singapore Hiring Push

Tom Brennan : The Asian Lawyer : January 25, 2015

Former Gibson Dunn & Crutcher partner John Viverito will be the firm's new managing partner in the city-state, while former Jones Day partner Joseph Bauerschmidt is now the head of Southeast Asia capital markets. Former Gibson Dunn of counsel Myles Hankin is also making the move.

A Buyers' Bonanza in Seoul

Nathalie Pierrepont : The Asian Lawyer : January 01, 2015

An influx of foreign firms in Korea has led to rock-bottom rates for some legal services.

Big Deals

Rebecca Geiger : Focus Europe : January 01, 2015

Billion-dollar transactions in France, the United Kingdom, Germany, Spain, Italy, and the Nordic countries.

UFC Taps Boies Schiller for Antitrust Fight

Scott Flaherty : The Litigation Daily : December 31, 2014

Partner William Isaacson will lead the UFC's defense against a potential antitrust class action by current and former professional mixed martial arts fighters.

Of Long Arms and Internal Affairs

Adam R. Moses, Haig Maghakian and Mark Vible : Corporate Counsel : December 23, 2014

A look at what you need to know about California's distinctive long-arm statute and its recent misadventures.

Dow Could Get Attorney Fees from Bayer Again

Scott Flaherty : The Litigation Daily : December 23, 2014

A federal magistrate judge recommended that Bayer CropScience pay $5.46 million to cover Dow's attorney fees in a patent dispute over soybean seeds.

On the Move

: New York Law Journal : December 23, 2014

Pillsbury Winthrop Shaw Pittman has elected as a partner Andrew Smith in litigation.Norton Rose Fulbright has added Andrew Roth, a transactional and regulatory health lawyer, as a partner.

IP Partner Involved in Client Dispute Leaves K&L Gates

Nathalie Pierrepont : The Am Law Daily : December 18, 2014

Charles Holland, a former IP litigation partner with K&L Gates' Palo Alto office, has joined the Strategic Innovation IP Law Offices in Silicon Valley following a dispute with a client about a conflict.

UFC Looks for Big Hitters to Batter Antitrust Suit

Brian Baxter : The Am Law Daily : December 18, 2014

Slapped with a $100 million antitrust suit this week by a group of ex-fighters backed by a formidable team of plaintiffs lawyers, the Ultimate Fighting Championship and its Las Vegas-based parent company Zuffa LLC have commenced a beauty contest involving several top firms flexing their legal muscle in an effort to secure the lucrative defense work.

UFC Looks for Big Hitters to Batter Antitrust Suit

Brian Baxter : The Am Law Daily : December 18, 2014

Slapped with a $100 million antitrust suit this week by a group of ex-fighters backed by a formidable team of plaintiffs lawyers, the Ultimate Fighting Championship and its Las Vegas-based parent company Zuffa LLC have commenced a beauty contest involving several top firms flexing their legal muscle in an effort to secure the lucrative defense work.