Wachtell, Lipton, Rosen & Katz Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Wachtell, Lipton, Rosen & Katz

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

Wachtell, Lipton, Rosen & Katz

  • Designation: New York
  • Head Count: 260
  • Gross Revenues: $601,000,000
  • Revenue Per Lawyer: $2,310,000
  • Profits Per Partner: $4,755,000
  • Year Over Year Change: -6

Wachtell, Lipton, Rosen & Katz is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Wachtell, Lipton, Rosen & Katz has 260 attorneys and is the 172nd largest firm in the United States.  With $601,000,000 in gross revenue in 2013, the firm placed 54th on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 Global 100 survey, Wachtell, Lipton, Rosen & Katzranked as the 63rd highest grossing law firm in the world.  The firm has offices in NY.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 54 -6 Gross revenue
Am Law 200 54 -6 Gross revenue
NLJ 250 172 -2 Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard 172 -172 Pro-bono commitment
Diversity Scorecard 96 17 Minority head count
Midlevel Associates Survey 37 -24 Job satisfaction
Summer Associates Survey 85 -12 Summer programs

In the News

March Deals & Suits

: Corporate Counsel : March 01, 2015

Canadian Big Deals

Marlisse Silver Sweeney : The American Lawyer : February 26, 2015

Royal Bank of Canada / City National; Repsol / Talisman Energy; Three Bryant Park Purchase; Alimentation Couche-Tard / The Pantry

Wachtell Wins Round in Fight with Icahn, CVR

Susan Beck : The Litigation Daily : February 26, 2015

Wachtell won a potentially crucial ruling in its nasty battle with Carl Icahn and CVR Energy Inc. But the litigation isn't over.

Big Suits

David Bario, Jenna Greene, Scott Flaherty, Mark Hamblett, Rebekah Mintzer, and Julie Triedman : The American Lawyer : February 26, 2015

U.S. v. Standard & Poor's; Fjarde AP-Fonden v. Morgan Stanley; In re Bear Stearns Mortgage Pass-Through Litigation; In Re Freeport-McMoRan Derivative Litigation

Here Are Ways to Head Off Legal Malpractice Lawsuits

Chauncey D. Cole IV : Daily Business Review : February 25, 2015

Due diligence and a well-drafted representation letter could head off legal malpractice lawsuits, writes attorney Chauncey D. Cole IV.

A Light at the End of the Tunnel?

David Bario : The Litigation Daily : February 25, 2015

Has the settlement dam finally broken in the so-called progeny Florida tobacco litigation? Or will the big cigarette makers continue trying to plug the dike?

Deal Watch: Four Firms Advise on Harris' Buy of Defense Contractor

Jennifer Henderson : The Am Law Daily : February 12, 2015

Our latest roundup of M&A deals worth $1 billion or more includes Am Law firms advising on Harris Corp.'s $4.75 billion buy of Exelis, Inc.; Rite Aid's $2 billion acquisition of pharmacy benefits manager Envision Pharmaceutical Services; and Hilton Worldwide Holdings Inc.'s $1.76 billion acquisition of five hotel properties from a group of sellers. Latham led the way in terms of deal volume and transaction size.

SEC Rears Its Head in Icahn Case Over Wachtell Advice

Scott Flaherty : The Litigation Daily : February 11, 2015

CVR Energy revealed that it's under investigation over securities disclosures it made before Carl Icahn's successful takeover bid three years ago—and it blamed Wachtell for putting the company in the SEC's sights.

Berger Singerman Team Negotiates $274 Million Citrus Grove Sale

Mary Hladky : Daily Business Review : February 10, 2015

The Berger Singerman team of Katherine Amador, Martin Genauer and Franklin Caplan, which also included Daniel Aronson, Frank Scruggs and David Black, guided the sale of 20,000 acres of citrus land in a $274 million deal.

Deal Watch: Am Law Firms Advise on Pfizer's Bid for Hospira

Jennifer Henderson : The Am Law Daily : February 05, 2015

This week's roundup of deals worth $1 billion or more includes Am Law firms working on a $15.2 billion pharmaceutical transaction between Pfizer and Hospira; a $10.54 billion telecom deal between Frontier and Verizon; a $7.3 billion asset sale by building material manufacturers Holcim and Lafarge; and a $6.3 billion merger between Staples and Office Depot.

Litigation Boutique Adds Partner, Opens Second Office

Max Mitchell : Delaware Law Weekly : February 04, 2015

The law firm headed by Theodore A. Kittila, who was last year's runner-up for state attorney general, has doubled in size.

Glasscock Finds Merger Price Fair Value for Ancestry.com

Gina Passarella : Delaware Business Court Insider : February 04, 2015

Shareholders of Ancestry.com received a fair market value of $32 per share in the 2012 sale of the company, Delaware Court of Chancery Vice Chancellor Sam Glasscock III determined after conducting a detailed review of competing valuation methods.

The Lateral Report: 2014's All-Star Hires

: The American Lawyer : February 03, 2015

Twenty of the most notable and intriguing lateral moves of the year.

Government Wants More Prosecutions, More Cooperation

Sue Reisinger : Corporate Counsel : February 02, 2015

This year general counsel can expect the government to continue seeking massive financial settlements for wrongdoing, require more admissions of guilt and demand help in prosecuting more individual employees.

Skadden Once Again Snags Top Spot in Branding Survey

MP McQueen : The Am Law Daily : February 02, 2015

Although Skadden, Arps, Slate, Meagher & Flom landed at the top of research firm Acritas' annual survey measuring the strength of U.S. law firm brands for the fourth consecutive year, its rivals are closing in.

February Deals & Suits

: Corporate Counsel : February 01, 2015

A Peek Inside Wachtell's Black Box

Susan Beck : The American Lawyer : January 29, 2015

Evidence in a malpractice suit sheds light on the elite firm's billing practices.

Big Deals

: The American Lawyer : January 29, 2015

PetSmart, Riverbed LBOs; Merck / Cubist; Visteon Stake Sale; GIC / IndCor Properties; NextEra / Hawaiian Electric; Paramount Group IPO

Big Suits

David Bario, Scott Flaherty and Rebekah Mintzer : The American Lawyer : January 29, 2015

U.S. v. Newman and Chiasson; In Re Forex Benchmark Rates and Antitrust Litigation; Harris Country v. International Paper; In re Bernard L. Madoff Investment Securities; SimpleAir v. Google

Thompson Says Review Unit Will Take on Non-Murder Cases

Joel Stashenko : New York Law Journal : January 29, 2015

Brooklyn District Attorney Kenneth Thompson, speaking at the Presidential Summit at the annual meeting of the New York State Bar Association Wednesday, said said the flurry of publicity that has accompanied the 11 murder convictions his office moved to vacate has also produced potentially credible claims of wrongful convictions in non-murder felony cases from defendants, their families and lawyers.

Deal Watch: Three Am Law Firms Advise on $18 Billion Energy Buy

Jennifer Henderson : The Am Law Daily : January 29, 2015

The $18 billion merger between Energy Transfer Partners and Regency Energy Partners tops a roundup of nine deals breaking the billion-dollar mark this week.

Banks Lose Bid to Escape Forex Antitrust Class Action

Scott Flaherty : The Litigation Daily : January 28, 2015

A Manhattan federal judge on Wednesday delivered an early-inning win to plaintiffs lawyers at Hausfeld LLP and Scott & Scott in a suit accusing a dozen major banks of widespread manipulation of the $5 trillion-a-day foreign exchange market.

Banks Lose Bid to Escape Forex Antitrust Class Action

Scott Flaherty : Commercial Litigation Insider : January 28, 2015

Less than a month after JPMorgan Chase & Co. reached a settlement in the case, U.S. District Judge Lorna Schofield refused to dismiss consolidated class action claims against a group of financial industry giants including Bank of America Corp., Barclays PLC and Citigroup Inc. Schofield held that the plaintiffs plausibly alleged an antitrust conspiracy in which the banks' top forex traders agreed to rig the market for more than a decade.

Dealmaker of the Week: Trevor Norwitz of Wachtell, Lipton, Rosen & Katz

Jennifer Henderson : The Am Law Daily : January 23, 2015

Norwitz advised Dollar Tree Inc. in its $8.5 billion bid for Family Dollar Stores Inc., which ultimately beat out a $9.1 billion bid from rival Dollar General Corp.

Cotchett Takes Another Stab at Settling HP Suit

Marisa Kendall : The Recorder : January 22, 2015

Two plaintiffs firms say Joseph Cotchett should be ousted as lead counsel after three failed bids to settle the case over HP's acquisition of Autonomy.

$137.5M Derivative Accord Contained 'Unprecedented' Terms

Gina Passarella : Delaware Business Court Insider : January 21, 2015

The parties in several shareholder derivative suits filed over a Phoenix company's $19 billion acquisition of two copper and gold mining operations have jointly settled for $137.5 million, according to a settlement agreement signed by the parties.

Patton Boggs Cofounder Donates 100 Works to North Carolina Museum

Nell Gluckman : The Am Law Daily : January 21, 2015

James Patton Jr., founder of the Am Law 100 firm formerly known as Patton Boggs, has donated 100 works from his contemporary art collection to the North Carolina Museum of Art. The 86-year-old chaired Patton Boggs' art committee, which created the firm's own extensive collection, one that Patton believes contributed to its culture and attracted clients.

Hedge Funds Add Top Talent, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 20, 2015

Cadwalader, Wickersham & Taft and Kirkland & Ellis saw a pair of leading M&A partners depart for new roles on the business side; a former Bingham McCutchen practice leader lands at Willkie Farr; Skadden snags a leading trusts and estates lawyer; Squire Patton Boggs adds a retired Utah congressman; and other notable hires from throughout The Am Law 200.

Expedia Inc.

Sheri Qualters : The National Law Journal : January 19, 2015

Expedia Inc.'s legal department has struck the right combination of in-house expertise and outside talent to help make the Internet travel company a top competitor in a fast-paced industry.

FDIC Picks Congressional Lawyer for GC Role

Andrew Ramonas : Corporate Counsel : January 16, 2015

The Federal Deposit Insurance Corp. has turned to Capitol Hill for a general counsel, tapping Charles Yi, a former senior congressional staffer.