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

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IN-DEPTH RESEARCH REPORT
on Skadden, Arps, Slate, Meagher & Flom LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Skadden, Arps, Slate, Meagher & Flom LLP

  • Designation: New York
  • Head Count: 1,677
  • Gross Revenues: $2,410,000,000
  • Revenue Per Lawyer: $1,435,000
  • Profits Per Partner: $3,125,000
  • Year Over Year Change: 0

Skadden, Arps, Slate, Meagher & Flom is a New York-based law firm.  According to the National Law Journal's 2016 NLJ 350 ranking of firms based on size, Skadden, Arps, Slate, Meagher & Flom has 1677 attorneys and is the 12th largest firm in the United States.  With $2,410,000,000 in gross revenue in 2015, the firm placed 4th on The American Lawyer's 2016 Am Law 200 ranking.  On the 2014 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, Ontario, 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 13 -1 Lawyer head count
The A-List 17 4 Overall excellence
Pro Bono Scorecard 40 -5 Pro-bono commitment
Diversity Scorecard 48 -13 Minority head count
Midlevel Associates Survey 69 -18 Job satisfaction
Summer Associates Survey 82 -39 Summer programs

In the News

VOIR DIRE: Apple Bites Back

: The National Law Journal : July 11, 2016

Movers

: The National Law Journal : July 11, 2016

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

Two Partners Join Jones Day, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : July 11, 2016

Jones Day recruits two new partners on opposite coasts after a top restructuring duo departs; Milbank makes a rare lateral hire; Paul Hastings makes some high-profile additions; and other notable moves from throughout The Am Law 200.

Head Count Declines Outpaced Growth Among NY Firms

Christine Simmons : New York Law Journal : July 11, 2016

The largest law firms in New York showed wide disparity in attorney head count growth, and gains at some firms were outweighed by deep drops at others.

BMW Beats Back Fraud Suit Over Failed Deal

Samantha Joseph : Daily Business Review : July 08, 2016

New York and Florida lawyers helped luxury auto company BMW AG defeat a fraud and defamation lawsuit over a derailed German acquisition.

Deal Watch: White & Case Tops First-Half Transactional Rankings

Jennifer Henderson : The Am Law Daily : July 07, 2016

Those controversial deal tables are out again, with White & Case, Simpson Thacher & Bartlett, Sullivan & Cromwell and Davis Polk & Wardwell all jockeying for position as the quarterly so-called King of M&A.

NYLJ Announces Its Lawyers Who Lead by Example

: New York Law Journal : July 07, 2016

The New York Law Journal announces the 2016 honorees for Lawyers Who Lead by Example in three categories: Lifetime Achievement, Public Service and Pro Bono. The attorneys will be featured in a special section and honored at a dinner on Sept. 20.

Orrick Makes Key Additions, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : July 06, 2016

Three new laterals at Orrick; a pair of Honigman practice leaders land at Foley & Lardner; Gibson Dunn recruits from the Justice Department; Latham & Watkins welcomes a top SEC official; and other notable hires from throughout The Am Law 200.

Big Deals

Rebecca Geiger : Focus Europe : July 01, 2016

The law firms with roles in the largest recent M&A deals across Europe.

SEC: GC Part of "Egregious Fraud" at Dallas Energy Company

kristen rasmussen : Texas Lawyer : June 28, 2016

The U.S. Securities and Exchange Commission has accused executives at a Dallas oil and gas energy company, including the CEO and general counsel, of a "long-lasting and egregious fraud" that included spending investors' money at gentlemen's clubs.

Supreme Court Will Hear Antitrust Case Over ATM Fees

Zoe Tillman : The National Law Journal : June 28, 2016

The U.S. Supreme Court on Tuesday agreed to hear an antitrust case that accuses Visa Inc., MasterCard Inc. and three major banks—Bank of America, Chase and Wells Fargo—of conspiring to inflate ATM access fees.

Exclusive: Best Firms for Pro Bono

Nell Gluckman : The American Lawyer : June 27, 2016

Hughes Hubbard is tops for U.S. pro bono; Dechert leads the international scene.

Monday Mashup: The (Faint) Silver Lining in Immigration Reform; The Frack Master Gets Busted; A Judge Loses It In Court

Jenna Greene : The Litigation Daily : June 26, 2016

Putting the Supreme Court's immigration reform decision in context; plus the SEC goes after the "Frack Master" and his GC--a former Skadden lawyer. Also, the Kansas AG has his hands full and a Georgia judge goes way over the line.

Billionaire's Backing of Gawker Suit Raises Questions

BEN HANCOCK : The Connecticut Law Tribune : June 23, 2016

Reports that Silicon Valley billionaire Peter Thiel bankrolled Hulk Hogan's privacy suit against gossip news site Gawker took the legal industry by surprise. The details also provide a window into the largely self-regulated and growing world of litigation funding.

Orrick on JD.Com's $1.5B Deal With Walmart

Frances Ivens : Legal Week : June 21, 2016

The Chinese ecommerce company will take over the Chinese online business Yihaodian and in exchange give a 5 percent stake to the American retailer.

Ropes & Gray Seeks Fees for Gawker Bankruptcy Work

Scott Flaherty : The Am Law Daily : June 21, 2016

The firm has filed its formal application for employment to advise Gawker Media Group as the company seeks to navigate Chapter 11 proceedings in New York.

Bouchard Approves Plan for TransPerfect Forced Sale

Tom McParland : Delaware Business Court Insider : June 21, 2016

Chancellor Andre G. Bouchard on Monday approved a plan to complete the Delaware Chancery Court-ordered sale of TransPerfect Global by modified auction, granting broad discretion to the company's custodian and limiting the role of its warring co-founders in the process.

GCs Wary of Rate Hikes as Firms Increase Associate Pay

Stephanie Forshee : Corporate Counsel : June 20, 2016

General counsel say they don't have strong objections to the recent wave of salary increases for associates at big law firms. But they are concerned about firms raising the hourly rates for work done by associates.

Allen & Overy to Match Cravath's U.S. Associate Pay

Rose Walker : Legal Week : June 20, 2016

The Magic Circle firm joins the ongoing U.S. associate pay war, announcing pay rise for first-year U.S. associates to $180,000

K&L Gates' Partner Churn Continues, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : June 20, 2016

Amid more departures, K&L Gates seeks to grow; Akin Gump and Reed Smith hire from Winston & Strawn; Fox Rothschild reels in a leading Twin Cities litigator; and other notable additions from throughout The Am Law 200.

Big Law Cautious About Raising Salary of Asia-Based Associates-With Updates

Anna Zhang and Frances Ivens : The Asian Lawyer : June 20, 2016

While Global firms race to match Cravath's new associate salary scale in New York and the rest of the U.S., they are more cautious when it comes to increasing salaries in Asia.

Monday Mash-Up: Robbins Geller's $1.6B Settlement; Why Arnold & Porter is Cooler Than You; Whither SG Verrilli?

Jenna Greene : The Litigation Daily : June 19, 2016

Robbins Geller settles a long-running suit against HSBC for $1.575 billion; Arnold & Porter's piece of history; Where might Solicitor General Donald Verrillii land when he steps down Friday? Plus a Winston & Strawn partner wins acquittal for a dentist charged with murder.

After Orlando, Firms Offer Pro Bono Help On Gun Control

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

Since 49 people were gunned down at Orlando's Pulse nightclub last weekend, law firms have offered to ramp up their support for gun control efforts.

Deal Watch: Morgan Lewis Makes Work for BASF

Jennifer Henderson : The Am Law Daily : June 17, 2016

From industrial chemicals to traffic cones, one of the last weeks of spring provided a plethora of transactional opportunities for dozens of Am Law 100 firms.

Justices Expand False Claims Act Liability—With Conditions

Marcia Coyle : Supreme Court Brief : June 16, 2016

Health providers, medical and drug companies, educational institutions and others who contract with the federal government avoided a major defeat Thursday when the U.S. Supreme Court upheld a contested theory of liability under the government's chief fraud-fighting law, but imposed limits on its use.

Skadden Counters Creditors' $35M Legal Malpractice Suit

Christine Simmons : New York Law Journal : June 16, 2016

After a Skadden client landed in bankruptcy court, creditors brought suit against the firm for malpractice, alleging it turned a blind eye to multiple conflicts because it had a lucrative relationship with the company's founder. Fighting back and seeking $35 million in damages, Skadden contends the claims are purely speculative.

On the Move

: New York Law Journal : June 15, 2016

Skadden has promoted seven attorneys to counsel, while several other firms announce new additions, including Littler Mendelson, Kramer Levin and Greenberg Traurig.

Score One For Reporters: In Settlement With NY AG, Law360 Quits Noncompetes

Jenna Greene : The Litigation Daily : June 15, 2016

Kudos to New York Attorney General Eric Schneiderman for getting Law360 to back off using noncompete agreements for its workers.

Big Firms Slow to Answer Legal Services Funding Plea

Susan Beck : The Am Law Daily : June 13, 2016

It's been nearly two years since the Legal Services Corporation first turned to the nation's largest law firms for financial support. So far just 19 firms have pledged to help.