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 $761,000,000 in gross revenue in 2014, the firm placed 40th on The American Lawyer's 2015 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

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.

On the Move

: New York Law Journal : February 23, 2016

The administration of Gov. Andrew Cuomo has made a number of legal appointments and the American Kennel Club has appointed Jay Waks as its senior executive vice president and general counsel, along with other announcements.

The Am Law 100, the Early Numbers: Sidley Partners Pass $2 Million Mark

Susan Beck : The Am Law Daily : February 17, 2016

The firm, which celebrates its sesquicentennial this year, posted across-the-board gains in revenue and profit.

Milbank Changes Course on $1M Harvard Law School Gift after Pro-Palestine Event

Nell Gluckman : The Am Law Daily : February 17, 2016

A student group at Harvard Law School claims that its stance on free speech and the Israeli-Palestinian conflict drove Milbank to withdraw hundreds of thousands of dollars in annual funding for student-run activities at the school.

Movers: Weekly Roundup of Laterals and Promotions

: The National Law Journal : February 08, 2016

New arrivals, lateral moves, and promotions in this week's column.

Law Firms Still Optimistic as Chinese Stock Markets Swoon

Anna Zhang : The Asian Lawyer : February 01, 2016

Even as the Chinese stock market bubble bursts, lawyers report that they're keeping busy with M&A, tech deals, and restructuring work. Don't count out Hong Kong IPOs, either.

On the Move

: New York Law Journal : February 01, 2016

Four firms have added attorneys, while three firms and the Eastern District U.S. Attorney's Office announce promotions.

On the Move

: The Recorder : January 25, 2016

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

The Asian Lawyer Announces Finalists for Asia Legal Awards 2016

The Asian Lawyer : The Asian Lawyer : January 25, 2016

For our third annual Asia Legal Awards, we have selected a short list of 27 categories of deals and matters from the region's leading firms and practitioners. Winners will be announced on Feb. 23 at the Four Seasons Hotel in Hong Kong.