Weil, Gotshal & Manges

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Weil, Gotshal & Manges LLP
File:Weil, Gotshal & Manges LLP Logo.jpg
Headquarters General Motors Building
New York City, New York, United States
No. of offices 21
No. of attorneys 1,200
Major practice areas International arbitration; bankruptcy; intellectual property; capital markets; finance; and mergers and acquisitions
Revenue $1.185 billion (2011)[1]
Date founded 1931 (New York City)
Company type Limited-liability partnership
Website
weil.com

Weil, Gotshal & Manges is an American international law firm, headquartered in New York City, New York.

Weil is consistently ranked as one of the most prestigious law firms in the world [2] and is best known for its corporate (including subgroups specializing in banking & finance, structured finance, capital markets, technology and IP transactions, and private equity and M&A) and restructuring practices.[3] The firm employs 1,200 lawyers and has a gross annual revenue in excess of $1.1 billion.[4][5]

Overview

The firm was founded in New York City in 1931 by Frank Weil, Sylvan Gotshal and Horace Manges. Since 1968, Weil has been headquartered in the General Motors building, overlooking Central Park, in New York City's Manhattan borough.

After its founding in 1931, the firm grew steadily in the following decades, taking on clients including General Electric and General Motors, and becoming one of the largest law firms in the country. In 1975, the firm opened an office in Washington, D.C., its first outside New York City, followed in the 1980s by locations in Miami, Houston and Dallas. Later, the firm further spread its practice, notably in non-contentious finance and private equity practice.

The fall of the Berlin Wall in 1989 and the subsequent move by Central and Eastern European countries toward market-based economies prompted the firm to launch its international expansion. It established offices in Budapest, Prague and Warsaw in the early 1990s, followed by the establishment of offices in Frankfurt, London, Munich and Paris. In the 21st century, the firm established offices in Beijing, Dubai, Hong Kong, and Shanghai. As of 2012 one-quarter of the firm's lawyers practiced outside the U.S.

Chambers and Partners gives the firm high marks in the following practice areas: bankruptcy, corporate, litigation, mergers and acquisitions, private equity: buyouts, investment funds: fund formation, financial services regulation, intellectual property, antitrust, patent litigation, labor and employment, securities litigation, entertainment litigation and tax.[6]

Key people

The firm and its attorneys have been consistently top-ranked by the most authoritative legal and financial industry directories, including those published by Chambers & Partners, Euromoney, and The Lawyer Group. Most recently, the firm was named among the "Sweet Sixteen" of elite international law firms for the second consecutive year by The Lawyer magazine. In 2009, International Financial Law Review recognized the firm with four IFLR America awards, including its Law Firm of the Year, M&A Deal of the Year, M&A Team of the Year, and Private Equity Deal of the Year. Additionally, Chambers & Partners ranked 98 Weil attorneys in 47 practice categories.

Notable deals and cases

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Pro bono and corporate social responsibility

The firm expects all its lawyers to undertake at least 50 hours of pro bono service a year, and was one of the first to appoint a full-time pro bono officer. In 2008–09, it received both the American Bar Association's Pro Bono Publico Award[20] and the Pro Bono Institute's Pickering Award,[21] the first time that one law firm held both awards.

Diversity

The Anti-Defamation League recognized the firm as a Community of Respect; it was the only organization recognized as such on a local and national level. Several of the firm's offices are ranked number one in their local markets for diversity, and overall, the firm continues to score highly on diversity scorecards, including a top-ten distinction from the Vault Guide, a "Best Place to Work" designation for the LGBT community from the Human Rights Campaign, and a "Best Law Firms for Women" designation by Working Mother magazine.

Recent awards

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  • US Law Firm of the Year, Legal Business Awards 2010[22]
  • Private Equity Team of the Year, Legal Business Awards 2008 and 2010[23]
  • Middle East Team of the Year, The Lawyer Awards 2010[24]
  • Mid-Market Law Firm of the Year, Acquisitions Monthly 2009[25]
  • Award for innovation amongst US law firms in Europe, FT Innovative Lawyers Report 2009[26]
  • Mike Francies has been shortlisted as one of the top-ten innovative lawyers in the U.K., FT Innovative Lawyer Awards (to be announced October 2010)[needs update]
  • Legal Business 2009 – shortlisted for US Law firm of the Year and PE Team of the Year
  • Acquisitions Monthly – 2009 Mid-Market Law Firm of the Year
  • Legal Week 2009 – the firm has received the top ranking in magazine's annual Employee Satisfaction Survey of firms in the U.K. The firm was ranked first in the management section, with the highest results for each of co-operation and teamwork, recognition and praise and quality of work. The firm was also identified as the leading international firm by the magazine.
  • Financial Times – ranked number two for FT Innovative Lawyers Report – "Top 10 US Law Firms In Europe For Innovation In Expansion"
  • LawCareers.Net – Training and Recruitment Awards, Commendation for Diversity

See also

References

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  2. ↑ http://www.vault.com/company-profiles/law/weil,-gotshal-manges-llp/company-overview.aspx
  3. ↑ http://www.chambers-associate.com/FirmFeature/3667
  4. ↑ [dead link] "2005 The National Law Journal 250". The National Law Journal. Retrieved October 9, 2012.
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  7. ↑ [1]
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External links

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