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

Wachtell, Cleary Gottlieb Grab Lead Roles as TPG Ups Stake in CAA

Nathalie Pierrepont : The Am Law Daily : October 21, 2014

The private equity firm is stepping up its investment in Creative Artists Agency to become the majority owner of the talent agency. TPG turned to Wachtell Lipton, Rosen & Katz for legal advice, while CAA tapped Cleary Gottlieb Steen & Hamilton.

Six Am Law 100 Firms Smooth Way for Another Pipeline Deal

Brian Baxter : The Am Law Daily : October 20, 2014

As the U.S. moves to become the world's largest oil producer, lawyers from Cooley, Latham & Watkins, McGuireWoods, Norton Rose Fulbright, Simpson Thacher & Bartlett and Wachtell, Lipton, Rosen & Katz are helping QEP Resources unload its natural gas pipeline and processing unit for $2.5 billion in cash to Tesoro Logistics, a refinery operator owned by Tesoro Corp.

Wachtell Advises Chesapeake on $5.38 Billion Asset Sale

Wenxiong Zhang : The Am Law Daily : October 17, 2014

Chesapeake Energy announced Thursday that it would sell a large portion of its gas business in Northern West Virginia and Southern Pennsylvania to Houston-based rival Southwestern Energy. The deal allows Chesapeake to pay down a substantial amount of debt accrued from past expansion efforts.

Deal of the Week: $7.8 Billion Energy Deal

Brenda Sapino Jeffreys : Texas Lawyer : October 16, 2014

Targa Resources Corp. and Targa Resources Partners to acquire Atlas Energy and Atlas Pipeline Partners.

Fenwick & West Advises Symantec on Split

Wenxiong Zhang : The Am Law Daily : October 15, 2014

The Mountain View, Calif.-based antivirus software maker announced that it would separate its businesses, joining a recent wave of technology companies such as Hewlett-Packard and eBay that have decided that two is better than one.

Martin Lipton

Phil Albinus : New York Law Journal : October 14, 2014

Not only did he develop a tactic to ward off hostile takeovers when M&As were transforming the business landscape, he also helped to build one of the most profitable law firms in the world.

Lawyers Who Lead by Example 2014 Awards

: New York Law Journal : October 14, 2014

In this Special Report, the New York Law Journal honors attorneys in three categories: Lifetime Achievement, Public Service and Pro Bono. The trait shared by all is commitment well beyond the billable hour—to upholding the Constitution and civil rights, to leveling the playing field, to improving the courts and to protecting the vulnerable.

D.C. Calendar

: The National Law Journal : October 13, 2014

With a Series of Star Hires, Freshfields Shifts Strategy in New York

Chris Johnson : Global Lawyer News : October 13, 2014

Elite U.K. firms have struggled to establish themselves as serious contenders in the United States, especially in big-ticket transactional work. Now Freshfields has recruited high-profile talent from Skadden, Wachtell, Fried Frank, and Shearman in a bid to challenge Wall Street firms on their own turf.

With a Series of Star Hires, Freshfields Shifts Strategy in New York

Chris Johnson : Global Lawyer News : October 13, 2014

Elite U.K. firms have struggled to establish themselves as serious contenders in the U.S., especially in big-ticket transactional work. Now Freshfields has recruited high-profile talent from Skadden, Wachtell, Fried Frank and Shearman in a bid to challenge Wall Street firms on their own turf.

Steris Seeks Inversion Deal Amid Tightened Regulations

Wenxiong Zhang : The Am Law Daily : October 13, 2014

Wachtell, Jones Day and DLA Piper advise as the Ohio-based medical technology company offers to buy Swindon, England-based sterilization services provider Synergy Health Plc for $1.9 billion in cash and stock. The deal would create a new company in the U.K., allowing Steris to redomicile there and save on taxes.

Am Law 100 Trio Fuel Up for Formation of Pipeline Giant

Nathalie Pierrepont : The Am Law Daily : October 13, 2014

Targa Resources Partners and Targa Resources Corp. announced plans to buy Atlas Energy and its midstream subsidiary, Atlas Pipeline Partners, in a transaction valued at about $7.7 billion. Covington & Burling, Vinson & Elkins and Wachtell, Lipton, Rosen & Katz have grabbed lead roles on the matter.

Dealmakers of the Week: Skadden's Schnell and Chitwood

MP McQueen : The Am Law Daily : October 10, 2014

Skadden, Arps, Slate, Meagher & Flom M&A partners Paul Schnell and C. Michael Chitwood led the deal team advising medical technology company Becton, Dickinson and Co. on its $12.2 billion cash-and-stock purchase of CareFusion Corp.

Hewlett-Packard to Go Separate Ways

Sean Doherty : Law Technology News : October 09, 2014

Hewlett-Packard Enterprise and HP Inc. will be separate, publicly traded Fortune 50 companies.

BD Buys CareFusion for $12.2B

Jennifer Genova (compiled from ThomsonReuters Financial and other sources) : New Jersey Law Journal : October 09, 2014

Becton, Dickinson and Co. (BD) on Oct. 6 announced it has paid about $12.2 billion in cash and stock options for fellow medical device manufacturer CareFusion Corp.

This Week's Deals

David Ruiz : The Recorder : October 09, 2014

A roundup of transactions involving Bay Area lawyers and companies.

New Deals

: The Am Law Daily : October 09, 2014

Becton, Dickinson and Company is buying CareFusion Corp. in the latest in a record-setting series of mergers and acquisitions in the pharmaceutical and medical device manufacturing industries following the Affordable Care Act. Also, Encana Corp. is acquiring Athlon Energy Inc. for $5.3 billion in the largest-ever U.S.-Canada transaction in the exploration and production sector.

A Myth That Motivates Mergers

Steven J. Harper : The Am Law Daily : October 09, 2014

Bigger is better, except when it's worse.

A Year of Slow But Solid Growth for Global 100 Firms

Chris Johnson : The American Lawyer : October 08, 2014

A surge in dealmaking boosted the top and bottom lines for the world's top-grossing firms, which experienced steady if unspectacular growth in 2013.

For Split, HP Turns to Wachtell

David Ruiz : The Recorder : October 06, 2014

The Palo Alto giant turns to New York firm to cleave itself in two.

Am Law Firms Land Roles on BD's $12 Billion Health Care Deal

MP McQueen : The Am Law Daily : October 06, 2014

Skadden, Wachtell and Weil are advising on medical technology company Becton, Dickinson and Co.'s purchase of medical device maker CareFusion Corp., marking the latest in a record-setting series of mergers and acquisitions in the pharmaceutical and medical device manufacturing industries.

London Calling for US Firms, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : October 03, 2014

Gibson Dunn, Kaye Scholer and Paul Hastings all made major lateral hires in London this week by raiding their British brethren. The Am Law Daily looks at those moves and more in our latest tally of hires from throughout The Am Law 200.

This Week's Deals

David Ruiz : The Recorder : October 02, 2014

A roundup of transactions involving Bay Area lawyers and companies.

Almost One Fifth of the Global 100 Firms Have Atlanta Offices

Meredith Hobbs : Daily Report : October 01, 2014

In this year's Global 100 ranking by The American Lawyer, there are 19 firms with Atlanta offices, including DLA Piper, the No. 2 firm on the list after Baker & McKenzie.

Icahn, Wachtell Meet Again Over eBay

Nathalie Pierrepont : The Am Law Daily : September 30, 2014

Nine months after Carl Icahn called for a split of eBay and PayPal, the San Jose-based online auction and retailing giant has turned to the activist investor's longtime nemesis, Wachtell, Lipton, Rosen & Katz, for legal counsel.

Who's On and Off the Global 100 List

Chris Johnson : The American Lawyer : September 29, 2014

Several firms appear for the first time on the Global 100 list, while others fall off.

Dialing It In

Chris Johnson : The American Lawyer : September 29, 2014

Verizon's record-breaking $130 billion deal to fully own Verizon Wireless was more than 10 years in the making. But it all came down to a last-minute phone call.

Wachtell Fends Off Class Action Sparked by Avon Bribes Flap

Jan Wolfe : The Litigation Daily : September 29, 2014

Allegations that Avon bribed its way into the Chinese market sparked a massive internal probe and a criminal settlement. But a judge sent a proposed securities class action over the scandal back to the drawing board on Monday, dealing a defeat to plaintiffs lawyers at Motley Rice.

Big Suits

Jan Wolfe : The American Lawyer : September 29, 2014

U.S. ex rel. O'Donnell v. Countrywide; In re AIG 2008 Securities Litigation; ViaSat v. Space Systems/Loral; Gilead v. La Roche; O'Bannon v. NCAA

Big Deals

MP McQueen, Vinayak Balasubramanian, Alexandra Wilson and Wenxiong Zhang : The American Lawyer : September 29, 2014

Kinder Morgan Reorganization; Fox Asset Sale; Walgreen/Alliance Boots; Dollar Tree/Dollar General /Family Dollar; AbbVie/Shire