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

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.

Movers

: The National Law Journal : December 15, 2014

Lateral moves and new arrivals in this week's column.

Wintry Windfall: Cahill Rewards Associates With Bigger Bonuses

Nathalie Pierrepont : The Am Law Daily : December 12, 2014

The Am Law 100's year-end associate bonus bonanza continued Friday as Cahill Gordon & Reindel once again blew past its competitors by rewarding its junior lawyers with a whopping wintry windfall ranging from $15,000 to $115,000.

Dealmaker of the Week: Olivia Tyrrell of Baker & McKenzie

Wenxiong Zhang : The Am Law Daily : December 12, 2014

Olivia Tyrrell, a 38-year-old corporate partner with Baker & McKenzie in Chicago, led a deal team from the firm composed almost entirely of women in advising pharmaceutical giant Merck & Co. on its $9.5 billion buy of Cubist Pharmaceuticals.

Sullivan & Cromwell, Cleary Meet Davis Polk on Associate Bonuses

Nathalie Pierrepont : The Am Law Daily : December 11, 2014

Sullivan & Cromwell and Cleary Gottlieb Steen & Hamilton match Davis Polk & Wardwell's associate bonuses, surpassing the market standard for midlevel associates.

Ex-Allen & Overy Partner Disbarred After Conviction

Ben Bedell : New York Law Journal : December 05, 2014

A former "Magic Circle" partner convicted on child sex trafficking and pornography charges has been disbarred by the Appellate Division, First Department.

Goldman Needs Volcker Delay to Avoid Losses

: Bloomberg : December 05, 2014

Wall Street has been lobbying regulators to delay a July deadline for complying with the Volcker Rule, which restricts banks from investing in private equity as part of a ban on making market bets with their own capital.

Asia Deal Digest: Dec. 4, 2014

Anna Zhang : The Asian Lawyer : December 04, 2014

*Skadden guides Singapore's GIC on $8.1 billion U.S. logistics acquisition*Reed Smith leads Dalian Wanda Commercial Properties $6 billion upcoming IPO*Shearman on Chinese nuclear power producer CGN Power $3.6 billion Hong Kong IPO

Once Again, Boies Schiller Showers Associates With Extra Cash

Nathalie Pierrepont : The Am Law Daily : December 03, 2014

Boies, Schiller & Flexner continued its annual tradition of hefty associate bonuses, beating the scale set over a week ago by Simpson Thacher & Bartlett and matched by a flock of other Am Law 100 firms.

Three Am Law Firms Make Houston Hires, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : December 02, 2014

Ogletree Deakins, Quinn Emanuel and Winston & Strawn join the Houston hiring frenzy; Bingham McCutchen's exodus continues; three Howrey alums find a new home at Novak Druce; Jenner & Block brings on a former Deepwater Horizon task force head; Skadden adds one in London and more notable hires from throughout The Am Law 200.

U.S. Firms in London: Who's Leading, Who's Lagging?

Chris Johnson : The American Lawyer : December 01, 2014

Am Law 100 firms employ some 6,000 lawyers in London, including some of the hottest lateral hires in years. A look at their track record reveals some surprises.

Skadden's Senior Associate Bonuses Top the Market—For Now

Nathalie Pierrepont : The Am Law Daily : November 25, 2014

The year-end associate bonus frenzy that began Friday with Simpson Thacher & Bartlett saw Am Law 100 rivals Davis Polk & Wardwell and Skadden, Arps, Slate, Meagher & Flom top the market scale for some associates.

The Asian Lawyer Emerging Market Awards

Nick Ferguson : The Asian Lawyer : November 24, 2014

Many of Asia's leading legal practitioners gathered at the Fullerton hotel in Singapore on Nov. 19 to join The Asian Lawyer in celebrating the best transactions and recognising the best lawyers in the region as part of our inaugural Emerging Markets Awards. Here's a rundown of the winners and the reasons why they were chosen.

Simpson Thacher Sets High Bar With Associate Bonuses

Nathalie Pierrepont : The Am Law Daily : November 21, 2014

Cravath, Swaine & Moore has long kicked off associate bonus season, but this year saw Simpson Thacher & Bartlett beat its Wall Street rival to the punch with a Friday announcement that was soon followed by Paul Weiss and Milbank.

Asia Deal Digest: Nov. 20, 2014

Tom Brennan : The Asian Lawyer : November 20, 2014

*HSF leads $1.2 billion transfer of power assets within state-run China Huaneng Group*Allen & Overy, Ashurst on $2.8 billion financing of Indonesian natural gas project*Cleary Gottlieb, Paul Hastings on Samsung SDS's $1.1 billion IPO in Korea

Korea's Competitive Legal Market Puts Pressure on Price

Nathalie Pierrepont : The Am Law Daily : November 19, 2014

Since free trade agreements opened the country's legal market to foreign firms in 2012, some 20 U.S. and U.K. firms have planted flags in Seoul, putting pressure on legal fees and ramping up competition between foreign and local firms.

Milbank to Launch in Korea

Tom Brennan : The Asian Lawyer : November 17, 2014

The U.S. firm has submitted an application to the country's Ministry of Justice to open its 12th global office in Seoul.

Asia Deal Digest: Nov. 13, 2014

Anna Zhang : The Asian Lawyer : November 12, 2014

*Five firms on near billion-dollar offer by CITIC, KKR for Singapore's United Envirotech*Jones Day, Milbank lead Philippines retailer SSI Group on its recent IPO*Clifford Chance acts for Australia's AMP as it buys a stake in China Life Pension

Asia Deal Digest: Nov. 6, 2014

Anna Zhang : The Asian Lawyer : November 06, 2014

*Simpson, Sullivan & Cromwell on Danone's $565 million Yashili investment*Davis Polk, Clifford Chance on China Hongqiao high-yield bond offer*Herbert Smith Freehills on Tata Motors $750 million bond offer

Milbank on Lion Air $1.2 Billion Engine Order

Anna Zhang : The Asian Lawyer : November 04, 2014

The Indonesian carrier is a longtime client of the firm's Singapore partner Paul Ng.

Who in Big Law Cut Checks for the Midterms?

Katelyn Polantz : Legal Times : October 28, 2014

The NLJ looks at how the legal industry supports certain interests and people, and where lobbying horsepower could focus in the coming years. In this report, we've highlighted midterm election contributions to three powerful members of Congress.