Headquarters |
4 Times Square New York City United States |
---|---|
No. of offices | 22 |
No. of attorneys | Approximately 1,700 |
No. of employees | 3,500 (estimate, including partners) |
Major practice areas | Transactions, litigation/controversy and regulatory |
Key people | Eric J. Friedman Executive partner Claudia F. Joyce Executive director / Strategy Noah J. Puntus Executive director / CFO |
Revenue | US$ 2.41 billion (2015) |
Date founded | April 1, 1948 |
Founder | Marshall Skadden, John Slate, and Les Arps |
Company type | Limited liability partnership |
Website | |
www.skadden.com |
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (often shortened to Skadden Arps; Skadden; or SASM&F), founded in 1948, is an international law firm based in New York City. With approximately 1,700 attorneys, it is one of the highest-grossing law firms in the world.Forbes magazine has called Skadden "Wall Street's most powerful law firm." The firm has been ranked "America's Best Corporate Law Firm" in Corporate Board Member's survey of public company directors every year since 2001.
As of December 2016[update], Skadden has 22 offices worldwide.
In February 2011, there were 432 Skadden partners worldwide. As of December 2016, there are 381 partners worldwide. Unlike some firms that have introduced two-tier partnerships with equity and non-equity partners, Skadden maintains a one-tier partnership, in which all partners are equity partners and share ownership of the firm. Among the more notable partners, of counsel and counsel are:
In 2015 and 2016, Skadden was the fourth largest law firm in the U.S. by revenue. In the 2015 Global 100 survey by The American Lawyer, Skadden ranked as the fourth highest grossing law firm in the world. In 2016, Skadden had approximately 1,700 attorneys in 22 offices; in 2011, the firm had approximately 1,900 attorneys in 23 offices. Measured by the number of attorneys, Skadden is the fifth largest law firm in New York and 12th largest in the United States. In 2016, Skadden was 187th on Forbes' list of America's Largest Private Companies by revenue. Previously, the firm ranked 335th in 1995, 194th in 2003 and 213th in 2010. Based on the 2017 Vault Law 100 survey of law firm associates by Vault.com, Skadden is the third most prestigious U.S. firm at which to work. The NYSE Governance Services and advisory firm FTI Consulting named Skadden the top U.S. law firm in 2016, a position held by the firm since 2001; the annual findings are published by Corporate Board Member in its list of "America's Best Corporate Law Firms." In 2015, Skadden became the first law firm ever to handle more than $1 trillion in M&A deals in a single year and, for the third time in six years, the Financial Times' "Innovative Lawyers" report named Skadden the most innovative law firm in North America. In the 2016 edition of Chambers USA: America's Leading Lawyers for Business, Skadden received the most top rankings among law firms, including 67 Band 1 attorney rankings, 35 Band 1 practice rankings and five Star Individual rankings.