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 2015 NLJ 350 ranking of firms based on size, Milbank, Tweed, Hadley & McCloy has 614 attorneys and is the 66th 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 2014 Global 100 survey, Milbank, Tweed, Hadley & McCloy ranked as the 48th 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 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

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.

The Lawyers Behind the 0.1 Percent

Susan Beck : The American Lawyer : May 23, 2016

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

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.

Special Report: A Return to Earth for Elite New York Firms?

Julie Triedman : The Am Law Daily : March 20, 2016

A barrage of big deals in 2015 didn't translate into explosive growth for many of the country's most profitable firms.

Allen & Overy Recruits Hong Kong Regulatory Partner

Anna Zhang : The Asian Lawyer : March 18, 2016

Norton Rose Fulbright partner Charlotte Robins will arrive after a flurry of capital markets departures from the Magic Circle firm.

MoFo Hires Away Allen & Overy Hong Kong Partner

Anna Ward : Legal Week : March 14, 2016

Vivian Yiu is leaving the Magic Circle firm after 10 years as U.K. firms Asia partner exits to US firms continues.

The Am Law 100: Milbank Posts Modest Financial Gains

MP McQueen : The Am Law Daily : March 09, 2016

Milbank, Tweed, Hadley & McCloy saw gross revenue and partner profits rise slightly in 2015.

Holland & Knight Team Advises Colombia on Toll Road Financing

Monika Gonzalez Mesa : Daily Business Review : March 08, 2016

The legal team led by Miami's Norberto Quintana advised on a line of credit for construction of a toll road in the Colombian Andes.

The Paradox of Legal Malpractice and Breach of Fiduciary Duty

Norman B. Arnoff : New York Law Journal : March 08, 2016

Norman B. Arnoff writes: Professional liability lawsuits against lawyers invariably involve both allegations of legal malpractice and breach of fiduciary duty and/or ethical violations. When legal competency and ethical issues are mixed in the facts of a specific case, currently the application of the two professional standards does not work in the way they should work. The absence of clarity will not allow appropriate professional standards to be maintained and needs to be remedied.

Firms Bucking the System to Recruit Top Students

Karen Sloan : The National Law Journal : March 07, 2016

More of them are meeting potential hires before campus interviews start, and not everyone likes it.

The Am Law 100: McGuireWoods Partners Join the $1 Million Club

Susan Beck : The Am Law Daily : March 07, 2016

For the first time at McGuire Woods, profits per equity partner topped $1 million in 2015.

Big Law Partners Snag GC Roles, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 02, 2016

Davis Polk, Paul Hastings, Simpson Thacher and Stoel Rives partners head in-house; K&L Gates and Kirkland & Ellis see a spate of exits; Orrick adds another energy partner; and other notable additions from throughout The Am Law 200.

Proskauer Rose Recruits Asia Capital Markets Head

Anna Zhang : The Asian Lawyer : March 01, 2016

Joshua Zimmerman joins as a partner in Hong Kong from Milbank, Tweed, Hadley & McCloy.

As High Court Faces Bevy of Abortion Briefs, New Challenge Awaits

Marcia Coyle : Supreme Court Brief : February 29, 2016

Even as the U.S. Supreme Court prepares to hear arguments Wednesday in its most significant abortion case in nearly nine years, a reminder of battles still being fought in the states arrived last week at the high court from, once again, the U.S. Court of Appeals for the Fifth Circuit.

Milbank Denies Claims It Sought to Censor Free Speech at Harvard

Nell Gluckman : The Am Law Daily : February 24, 2016

Milbank's decision to reallocate a $1 million gift to Harvard Law School has sparked an unusual public clash between the firm and a group of prominent law professors.

The Am Law 100, the Early Numbers: Revenue Edges Up at Weil Amid Solid Profits

Julie Triedman : The Am Law Daily : February 24, 2016

The firm is still lagging behind its performance five years ago, but its leader says the trend lines are good.

Latham & Watkins to Launch in Seoul

Anna Ward : Legal Week : February 23, 2016

The U.S. firm becomes latest to enter South Korea after wave of openings by international law firms.