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

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on Skadden, Arps, Slate, Meagher & Flom LLP

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Skadden, Arps, Slate, Meagher & Flom LLP

  • Designation: New York
  • Head Count: 1,654
  • Gross Revenues: $2,315,000,000
  • Revenue Per Lawyer: $1,400,000
  • Profits Per Partner: $2,905,000
  • 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 $2,315,000,000 in gross revenue in 2014, the firm placed 4th on The American Lawyer's 2015 Am Law 200 ranking.  On the 2013 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, MA, NJ, NY, 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

Big Suits

Scott Flaherty and Rebekah Mintzer : The American Lawyer : May 28, 2015

U.S. v. United Technologies; Pao v. Kleiner Perkins; Spinelli v. NFL; Pesante v. Pfizer

Big Deals

: The American Lawyer : May 28, 2015

Big Deals

Tali Arbel : The Associated Press : May 28, 2015

As TV watchers increasingly look online for their fix, cable companies are bulking up. In the latest round, Charter Communications is buying Time Warner Cable for $55.33 billion, and executives say they're confident regulators will allow the creation of another U.S. TV and Internet giant.

As German Enforcement Gets Tougher, Demand for Compliance Advice Grows

Tania Karas : The American Lawyer : May 27, 2015

A crackdown on corruption, antitrust violations, and other corporate offenses have set alarm bells ringing in German boardrooms. Which law firms are best positioned to respond?

Partial Victory for Plaintiffs Challenging Sports Leagues

Mark Hamblett : New York Law Journal : May 27, 2015

Southern District Judge Shira Scheindlin has rejected class status for damages sought by consumers challenging the exclusivity of regional sports networks airing MLB and NHL games. But she certified a class seeking injunctive relief for baseball and hockey fans who say antitrust laws are being violated.

Second Circuit To Weigh Overtime Pay for Contract Lawyers

Scott Flaherty : The Litigation Daily : May 26, 2015

The appeal, which asks whether some attorney duties are so mechanical that they don't amount to practicing law, could decide the fate of overtime cases facing Skadden and Quinn Emanuel.

Legal Aid Society Awards

: New York Law Journal : May 22, 2015

The Legal Aid Society of New York held its 2015 annual awards dinner at the Waldorf-Astoria Hotel Wednesday to recognize the legal community's mission of equal access to justice for all.

Dealmakers of the Week: Eileen Nugent and C. Michael Chitwood of Skadden, Arps, Slate, Meagher & Flom

Jennifer Henderson : The Am Law Daily : May 22, 2015

The two Skadden transactional lawyers advised Endo Pharmaceuticals on its $8.05 billion buy of generic-drug maker Par Pharmaceuticals from private equity firm TPG Capital.

$2.1 Billion Shale Deal: Noble Energy to Buy Rosetta Resources

Angela Neville : Texas Lawyer : May 22, 2015

Houston-based Noble Energy is poised to acquire all of the common stock of Rosetta in an all-stock transaction valued at $2.1 billion, plus the assumption of Rosetta's net debt of $1.8 billion.

Reed Smith to Open in Frankfurt

Gina Passarella : The Legal Intelligencer : May 22, 2015

Reed Smith is set to open an office in Frankfurt, Germany, on June 1 with the addition of seven lawyers from four different firms. The new location, which will focus heavily on the financial services industry, will be managed from the firm's 10-year-old Munich office.

Par Pharma Bought for $8B

Jennifer Genova (compiled from ThomsonReuters Financial and other sources) : New Jersey Law Journal : May 21, 2015

Endo International, of Dublin, Ireland, with U.S. headquarters in Malvern, Penn., on May 18 announced it has acquired fellow pharmaceutical company Par Pharmaceutical Holdings Inc. of Woodcliff Lake, for about $8 billion in cash and stock.

Big Deals

: New York Law Journal : May 21, 2015

The Ascena Retail Group is buying the owner of Ann Taylor and Loft in a deal valued at about $2.16 billion. Washington, D.C.-based Danaher plans to purchase Port Washington, New York-based filtration specialist Pall for $13.6 billion.

Deal Watch: Four Am Law 100 Firms Prescribed Work on CVS-Omnicare Merger

Jennifer Henderson : The Am Law Daily : May 21, 2015

Firms Prescribed Work on $12.7 Billion CVS, Omnicare Deal

Naftalis, Graffeo Recognized

: New York Law Journal : May 20, 2015

The Fund for Modern Courts on Monday presented its John McCloy Memorial Award for 2015 to Gary Naftalis, co-chair of Kramer Levin Naftalis & Frankel, and its Career Public Service Award for 2015 to former Court of Appeals Judge Victoria Graffeo, a member of Harris Beach.

Chancery Addresses Stock Repurchases From Activist Stockholders

Edward B. Micheletti and Alyssa S. O'Connell : Delaware Business Court Insider : May 20, 2015

It is not uncommon these days to see an activist stockholder—whether an individual or entity (such as a hedge fund)—acquire a meaningful, but far from controlling, stock position in a corporation, and then seek to use that equity stake to exert pressure on the corporation to advocate for change.

DOJ Cites 'Breathtaking Flagrancy' in Charges Against Five Banks

Jenna Greene : The National Law Journal : May 20, 2015

Five major banks on Wednesday agreed to plead guilty to felony charges and pay more than $5 billion to resolve allegations that they rigged the U.S. dollar-euro exchange rate. More perilous consequences for the banks may come as they seek waivers from regulators such as the U.S. Securities and Exchange Commission that will allow them to continue as felons to do things like manage pensions and issue securities.

Laster Takes Traditional Route in Activision Case

Scott Flaherty : The Litigation Daily : May 20, 2015

Approving a record $275 million settlement in a derivative case, a Delaware judge opted not to allow some of the money to go directly to shareholders, as another court recently did.

The Boundaries of Cooperative Discovery

By Giyoung Song and Emma S. Glazer : Legaltech News : May 18, 2015

Courts will continue to define and refine the boundaries of cooperation.

Movers

: The National Law Journal : May 18, 2015

Laterals and new arrivals in this week's column.

US vs. UK: Which Firms Have the Best India Practices?

Tom Brennan : The Asian Lawyer : May 18, 2015

A new ranking from London-based RSG Consulting shows that U.S. firms continue to take market share in India, challenging the dominant position once held by their U.K. peers.

Cravath Gets It Right, Again

Steven J. Harper : The Am Law Daily : May 15, 2015

There's more to the firm's latest lateral partner move than meets the eye.

FedEx Can't Escape Drug Delivery Charges

Ross Todd : The Recorder : May 14, 2015

U.S. District Judge Charles Breyer ruled Thursday that the company's status as a common carrier doesn't shield it from prosecution.

Myska v. N.J. MFRS. Ins. Co.

: New Jersey Law Journal : May 14, 2015

Class Action Improper for Insurer's Denial of Diminution in Value Damages

Deal Watch: Weil, Wachtell Dial Up for Verizon's $4.4 Billion AOL Buy

Jennifer Henderson : The Am Law Daily : May 14, 2015

Verizon Communication Inc. cites AOL Inc.'s market success in digital content and advertising platforms as reasons behind the purchase. Also in this week's roundup of deals worth $1 billion or more: Williams' acquisition of its master limited partnership Williams Partners in an all-stock deal valued at $13.8 billion, led by Gibson Dunn and Baker Botts.

Judicial Leaders

: New York Law Journal : May 13, 2015

Chief Judge Jonathan Lippman presented a plaque recognizing the female justices of New York's Appellate Division with a leadership achievement award Monday at this year's Judges and Lawyers Breast Cancer Alert awards presentation.

Derivative Suit Against DuPont Over Monsanto Deal Tossed

Gina Passarella : Delaware Business Court Insider : May 13, 2015

Simply disagreeing with a company's rationale in deciding not to file suit over a failed business and litigation strategy was not enough to sustain a shareholder derivative action in a suit that involved a $1.2 billion jury verdict and findings of vexatious conduct by DuPont, the Delaware Court of Chancery has ruled.

Levin Leaves Cravath for Jenner Block

Andrew Denney : New York Law Journal : May 12, 2015

Prominent bankruptcy attorney Richard Levin, a primary author of the 1978 U.S. Bankruptcy Code, is leaving Cravath, Swaine & Moore after nearly eight years. Levin, 64, said he is leaving Cravath because of its mandatory retirement age of 65.

Lawyers for Students of Defunct Corinthian to Meet with Trustee

Amanda Bronstad : The National Law Journal : May 12, 2015

Lawyers hope to convince a U.S. trustee on Wednesday to create a special committee for an estimated 5,000 former students of Corinthian Colleges Inc., which filed for Chapter 11 bankruptcy this month.

Deal of the Week: $2.1 Billion Energy Deal

Brenda Sapino Jeffreys : Texas Lawyer : May 11, 2015

Big firms work on Houston-based Noble Energy's planned acquisition of Rosetta Resources, also of Houston.

Cravath Bankruptcy Partner Departs for Jenner & Block

Nell Gluckman : The Am Law Daily : May 11, 2015

In a rare lateral move, Richard Levin is leaving Cravath, Swaine & Moore after almost eight years to join Jenner & Block's restructuring practice. Levin was an author of the 1978 U.S. Bankruptcy Code and recently helped save the Detroit Institute of Arts during the Motor City's historic bankruptcy proceedings.