Wachtell, Lipton, Rosen & Katz is a law firm which operates out of a single office in New York City . It is widely considered to be one of the most prestigious law firms in the world, topping The Vault Law 100 ranking of the United States' best law firms for over a decade [13] . The firm is known for being a global leader in business law, regularly handling the largest and most complex transactions [14] . The firm is also noted for having the highest profit per partner of any law firm in the United States. [15]

History

The firm was founded in 1965 by Herbert Wachtell and Jerry Kern, who were shortly afterwards joined by Martin Lipton , Leonard Rosen , and George Katz. [3]

The firm rose to prominence during a time on Wall Street in which many brokers and investment bankers started their own small companies, but received little attention from established white-shoe law firms such as Sullivan & Cromwell , Simpson Thacher & Bartlett , and Cravath, Swaine & Moore .

The firm is known for its skill in mergers and acquisitions . One of the founding partners, Martin Lipton, invented the so-called " poison pill defense" during the 1980s to foil hostile takeovers . Working both sides of the mergers and acquisitions game, Wachtell Lipton has represented blue-chip clients like AT&T , Pfizer , and JP Morgan Chase . [16] The firm is also known for its skill in business litigation , and has handled many of the precedent-setting Delaware corporate governance cases.

For many years, it has been the most profitable large law firm in the US on a per-partner basis according to the American Lawyer 's annual AmLaw 100 Survey . The firm also ranks at the top of other various surveys, including the Vault.com Associates Survey , and was ranked as the Most Prestigious Law Firm to Work For by the AveryIndex. [4]

Notable alumni

See also