Skadden, Arps, Slate, Meagher & Flom Law Firm Profile

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Skadden, Arps, Slate, Meagher & Flom LLP

  • Designation: New York
  • Head Count: 1,664
  • Gross Revenues: $2,235,000,000
  • Revenue Per Lawyer: $1,345,000
  • Profits Per Partner: $2,730,000
  • Year Over Year Change: 0

Skadden, Arps, Slate, Meagher & Flom is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Skadden, Arps, Slate, Meagher & Flom has 1664 attorneys and is the 12th largest firm in the United States.  With $2,235,000,000 in gross revenue in 2013, the firm placed 4th on The American Lawyer's 2014 Am Law 200 ranking.  On the 2012 Global 100 survey, Skadden, Arps, Slate, Meagher & Flom ranked as the 4th highest grossing law firm in the world.  The firm has offices in CA, DC, DE, IL, London, MA, NJ, NY, Ontario, Paris, TX and VA.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 4 0 Gross revenue
Am Law 200 4 0 Gross revenue
NLJ 250 12 -5 Lawyer head count
The A-List 21 -6 Overall excellence
Pro Bono Scorecard 35 -15 Pro-bono commitment
Diversity Scorecard 49 -6 Minority head count
Midlevel Associates Survey 69 -18 Job satisfaction
Summer Associates Survey 82 -39 Summer programs

In the News

Drugmakers Seek to Disqualify Counsel in Opioid Lawsuit

Amaris Elliott-Engel : The National Law Journal : August 27, 2014

Purdue Pharma L.P. and two affiliated companies are seeking to disqualify a former District of Columbia attorney general from representing the city of Chicago in its lawsuit against several drugmakers for allegedly seeking to misinform the public about the risks and benefits of opium-like pain medications.

Canadian Big Deals

Marlisse Silver Sweeney : The American Lawyer : August 27, 2014

Amaya Gaming / Rational Group; Auxilium / QLT; Harlequin Sale; BlackBerry Asset Sale

Greenberg's $25B Case Against U.S. Set for Trial

Ross Todd : The Litigation Daily : August 27, 2014

Big Deals

: The American Lawyer : August 27, 2014

Reynolds American/Lorillard; General Electric/Alstom; Salix/Cosmo Technologies; Nook Spinoff

With BoA Settlement Comes Shift in Work for Law Firms

Julie Triedman : The Am Law Daily : August 25, 2014

Bank of America Corp.'s $16.65 billion settlement announcement, and the tailing off of the government's enforcement actions, promises to affect a swath of top-tier Wall Street firms. But lawyers at the banks' primary outside counsel said that work continues to flow.

BofA Deal Marks End Of an Era

Julie Triedman and Jenna Greene : The National Law Journal : August 25, 2014

With Bank of America Corp.'s $16.7 billion settlement over the marketing and sale of subprime residential mortgage-backed securities, prosecutors closed out the largest remaining government enforcement actions stemming from the financial crisis.

New York to Get $800M From Bank of America Accord

Jenna Greene and Andrew Keshner : New York Law Journal : August 22, 2014

In the largest-ever settlement between the U.S. government and a single company, Bank of America Corp. on Thursday agreed to pay $16.6 billion in penalties and consumer relief for selling toxic mortgage-backed securities—a sum that will include approximately $800 million in cash payments and relief for New York consumers.

Am Law Firms Take Lead on Dynegy's Power Plan Purchase

MP McQueen : The Am Law Daily : August 22, 2014

Dynegy Inc. will buy power plants and other assets from Duke Energy Corp. and private equity firm Energy Capital Partners in two separate deals worth a combined value of $6.25 billion. Skadden, White & Case, Bracewell & Giuliani and Latham & Watkins are all advising.

New Deals

: New York Law Journal : August 21, 2014

Coca-Cola Company has agreed to purchase a 16.7 percent stake in Monster Beverage Corporation for $2.15 billion in cash as it looks to accelerate its growth in the booming energy drink business. Also, FleetCor Technologies Inc. has agreed to buy electronic payment processing company Comdata Inc. for $3.45 billion.

Court Dismisses Claims Against Willets Point

Joel Stashenko : New York Law Journal : August 21, 2014

The doctrine that imposes restrictions on using public lands for private purposes does not apply to a shopping mall-anchored development planned for the site where Shea Stadium once sat in Flushing, Queens, a judge has decided.

Bank of America to Pay $16.6B to Settle Fraud Claims

Jenna Greene and Todd Ruger : The National Law Journal : August 21, 2014

In the largest-ever settlement between the U.S. government and a single company, Bank of America Corp. on Thursday agreed to pay $16.6 billion in penalties and consumer relief for selling toxic mortgage-backed securities.

Bank of America to Pay $16.6B to Settle Fraud Claims

Jenna Greene and Todd Ruger : The National Law Journal : August 21, 2014

In the largest-ever settlement between the U.S. government and a single company, Bank of America Corp. on Thursday agreed to pay $16.6 billion in penalties and consumer relief for selling toxic mortgage-backed securities.

With BofA Settlement Comes Shift in Work for Firms

Julie Triedman : The Am Law Daily : August 21, 2014

Thursday's record $16.65 billion settlement with Bank of America means a winding down of government action against big banks over residential mortgage-backed securities. But several lawyers say the pipeline for firms representing these banks will remain full, as governments worldwide take aim at foreign exchange rate-setting and Office of Foreign Assets Control investigations.

People in the News - Aug. 20, 2014 - Brown, Brogan Named Co-Chairs of DLA Piper's U.S. Litigation Practice

: The Legal Intelligencer : August 20, 2014

Loren Brown and James Brogan were named co-chairs of DLA Piper's U.S. litigation practice.

Flowers Ends Bid for Reelection, Plans to Leave Delaware

Jeff Mordock : Delaware Law Weekly : August 20, 2014

State Treasurer Chip Flowers announced last week that he has dropped out of the state treasurer's race, but will serve out the remainder of his term before relocating to Massachusetts.

The Churn: Squire Patton Boggs and Ashurst Adjust Alliances, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : August 19, 2014

Ashurst and Squire Patton Boggs, two growing global legal giants that have recently gone the merger route, both reshuffled overseas alliances this week as the latter saw 23 lawyers in the Middle East decamp en masse, while the former was busy raiding two Am Law 100 rivals. The Am Law Daily looks at those developments and other notable hires from throughout The Am Law 200.

Rising Stars 2014: Leslie Abrams | 39

R. Robin McDonald : Daily Report : August 18, 2014

When U.S. Attorney Sally Quillian Yates hired Leslie Abrams as a federal prosecutor in 2010, Abrams impressed her as more than a bright young woman with excellent references.

Coca-Cola Quenches Thirst With $2.15 Billion Monster Buy

Valori Corral-Nava : The Am Law Daily : August 15, 2014

Skadden, Cleary and Jones Day all advised on Coca-Cola's acquisition of a 16.7 percent stake in Monster Beverage Corporation in the hopes of boosting growth in the booming energy drink market.

Senators Putting Tax-Inversion Deterrence on the Agenda

Andrew Ramonas : Corporate Counsel : August 15, 2014

Sen. Dick Durbin, D-Ill., and other members of Congress are trying to discourage U.S. businesses from going through with corporate inversions.

S&C Prevails Again for Porsche in Battle With Hedge Funds

Ross Todd : The Litigation Daily : August 15, 2014

Echoing a 2012 ruling by a state appeals court, the Second Circuit agreed with Porsche's lawyers at Sullivan & Cromwell that billions of dollars in claims against the German automaker don't belong in the United States.

Asia Deal Digest: Aug. 14, 2014

Anna Zhang : The Asian Lawyer : August 14, 2014

*Linklaters leads Dairy Farm's $925 million investment in Shanghai-listed Yonghui Superstores*Norton Rose Fulbright advises Fosun International on its winning bid for Roc Oil in Australia*Amarchand advises on a $349 million share sale by Bharti Airtel's tower unit

At Kirkland, Another Hire Amid Steady Stream of Departures

Brian Baxter : The Am Law Daily : August 14, 2014

Kirkland & Ellis has hired again in Houston, adding former Baker Botts associate David Castro Jr. as a partner. But while the firm continues to make headlines on the transactional and lateral fronts, it's also dealing with the loss of more than 50 partners since the start of this year, many of whom have left its IP group.

New Deals

Wenxiong Zhang : The Am Law Daily : August 14, 2014

In a reversal of trend of U.S. companies moving overseas to save on taxes, Walgreens said on Wednesday it would buy the stake in Alliance Boots it doesn't already own, for $15.3 billion in cash and stock but keep its current Illinois tax address once it takes full ownership of the chain. Also, NorthStar Realty Finance Corp. said on Tuesday it would acquire Griffin-American Healthcare REIT II Inc. for approximately $3.4 billion in cash and stock.

Dechert Gets License for Permission to Practice in Singapore

Gina Passarella : The Legal Intelligencer : August 13, 2014

Dechert has officially been granted a license to practice law in Singapore, eight months after the firm applied for permission to practice in the country.

Dechert Gets License to Practice in Singapore

Gina Passarella : The Legal Intelligencer : August 13, 2014

Dechert has officially been granted a license to practice law in Singapore, eight months after the firm applied for permission to practice in the country.

Dechert Gets License to Practice in Singapore

Gina Passarella : The Legal Intelligencer : August 13, 2014

Dechert has officially been granted a license to practice law in Singapore, eight months after the firm applied for permission to practice in the country.

Law Firms Cash In on Inversion Bonanza

: The Am Law Daily : August 12, 2014

As more U.S. companies seek to lower their tax rates by reincorporating overseas through so-called inversions, at least three dozen U.S. firms have capitalized on the trend, with Skadden, Arps, Slate, Meagher & Flom leading the way.

Top Tax Lawyers Mum on Inversion Debate

Susan Beck : The Am Law Daily : August 12, 2014

More than a decade ago, when corporate inversions came under scrutiny, a group of leading New York tax lawyers—headed by a Paul Weiss partner and including partners from Skadden, Sullivan & Cromwell, and Cravath—took a principled stand and called for urgent action to stop these deals. Twelve years later, a new wave of inversions has sparked controversy and calls for reform. This time the corporate tax bar's lawyers are silent.

LA Clippers Sale Vindicates Attorney's Probate Strategy

Amanda Bronstad : The National Law Journal : August 12, 2014

Former Microsoft Corp. chief executive officer Steve Ballmer completed his purchase of the Los Angeles Clippers basketball team on Tuesday for $2 billion.

LA Clippers Sale Vindicates Attorney's Probate Strategy

Amanda Bronstad : The National Law Journal : August 12, 2014

Former Microsoft Corp. chief executive officer Steve Ballmer completed his purchase of the Los Angeles Clippers basketball team on Tuesday for $2 billion.