"The strength of the firms generalist approach is that you get to see the whole lifecycle of companies. Law360 - Sullivan & Cromwell in the past year oversaw a groundbreaking settlement with regulators registering the first interest-bearing cryptocurrency product as a security, advised the largest-ever acquisition of a fintech company and facilitated the first cryptocurrency registered with federal futures oversight bodies, earning the firm a spot among Law360's 2022 Fintech Groups of the Year. Darrell Cafasso, 42, joined Goldman Sachs last month as managing director and associate general counsel, heading the bank's . Sullivan & Cromwell's connection to the American Library in Paris (the Library) dates back to the early 20th century, when William Nelson Cromwell was an early supporter of the Library and Max Shoop, S&C's resident partner in Paris, served as a library officer. Sullivan & Cromwell General Information. Jobs People Learning Dismiss Dismiss. Mar 2, 2023, Jessica Seah Now there's a charge. Mr. Schlein was co-Managing Partner of Sullivan & Cromwell's London office from 2008 to 2011. Sullivan & Cromwell LLP Sep 2000 - Present22 years 6 months Greater New York City Area Member, Chief Chief May 2021 - Jun 20221 year 2 months Chief is a private network built to drive more. We promotedsix new partners in July 2021, and another five in January 2022. In her new role, Davidoff looking to build on the firm's key specialty practices in D.C., including antitrust, appellate and criminal defense investigations. S&C sits atop the Chambers USA nationwide rankings in various areas. Also consider other hobbies. London, United Kingdom. Your article was successfully shared with the contacts you provided. The National Law Journal Elite Trial Lawyers recognizes U.S.-based law firms performing exemplary work on behalf of plaintiffs. Partner New York +1-212-558-4848 +1-212-558-3588
[email protected] Download vCard Rob Schlein is Managing Partner of Sullivan & Cromwell LLP's Commercial Real Estate Group and is co-Managing Partner of the Firm's global General Practice Group. Sullivan & Cromwell Partner Takes In-House Post at Goldman Sachs. License our industry-leading legal content to extend your thought leadership and build your brand. Join now Sign in . Davidoff succeeds David Braff, who was relocated from New York to temporarily fill the D.C. managing partner position following the retirement ofRobert Risoleo in 2020. JS: I expect to keep doing what weve been doing. Law360 (February 23, 2023, 2:02 PM EST) -- Sullivan & Cromwell LLP in the past year oversaw a groundbreaking settlement with regulators registering the first interest-bearing cryptocurrency. The rest of Sullivan's tale is told in a 1979 Sullivan & Cromwell history that John Warden, a lawyer of the firm working on the Microsoft defense, was kind enough to read to N.Y. Law over the phone. Get alerted any time new stories match your search criteria. Chatterjees appointment comes as longtime Chief Legal Officer John Suydam prepares to step down from his role since 2006. Bonuses at S&C are lockstep and allocated on the basis of quality of work as opposed to the overall number of hours billed. In 2021, we learned that the appeal was successful and in 2022 . General practice (corporate and financial work) was the largest and included mergers and acquisitions as one of its many units. 2/25/14, 9:48 PM The Godfather said . Associates at S&C are usually sorted into one of two main pools. Customer Service| (The lawsuits actually total 28 but we have not included the lawsuit involving Waterdrop Inc. as Goldman Sachs reports it was dismissed by the . JS: This may sound arrogant, but we are exactly where we would like to be: we are the go-to firm for complicated questions around the world. A management committee of ten partners was in charge of setting Sullivan & Cromwell's policies, and a smaller committee of seven decided on how the firm would distribute more than half of its annual profits. Sullivan & Cromwell Address: 125 Broad Street New York, New York 10004-2498 U.S.A. Telephone: (212) 558-4000 Fax: (212) 558-3588 http://www.sullcrom.com Statistics: Private Company Founded: 1879 Employees: 1,265 Gross Billings: $395 million (1997 est.) Professionals who either stay with us orwith our helpmove on to take their place in business, public service, academia, or even other firms they eventually choose, but always with the benefit I hope of invaluable and always applicable training, learning and experience, which leads them to stay in touch with us wherever their lives take them. The claim involved alleged false statements by the bank about the sale of complex debt instruments in the build-up to the 2008 financial crisis. The pandemic was and is the most difficult of these crises, largely because it has no end date and thus has caused such lengthy suffering in our communities and stress on our people and clients worldwide. We had been expanding our antitrust and technology practices in anticipation of just such a shift, and so have been well positioned to handle the increased activity, complexity and sensitivities of the current antitrust and enforcement environment and challenges. This button displays the currently selected search type. Beginning in 2020, Sanctuary for Families partnered with Sullivan & Cromwell ("S&C") on an appeal on behalf of a survivor of trafficking at the hands of a Customs and Border Patrol (CBP) agent who grossly abused his position of power over Ms. Aura Hernandez and her young nephew. S&C's PPP are really high. You also get your daily dose of humor and entertainment!! The associates I knew were generally happy and all encouraged me to go to law school. https://www.law.com/nationallawjournal/2022/01/20/sullivan-cromwell-announces-new-dc-managing-partner/. Knitting, perhaps? Do your best to familiarize yourself with S&C, our practice, and the work we do. Dismiss. Given associates busy workloads, we have to squeeze pro bono in when we can, a source noted, while another was glad that you can indicate what your interests are if you are too busy, so you can work on similar matters in future. Interviewees were also happy to get some short training sessions on pro bono cases youll be working on and highlighted S&Cs recent pro bono collaborations with in-house clients, which set out to improve the outcomes of the criminal justice system. Sullivan & Worcester is an international entity operating through various separate and distinct legal entities. Because we dont have that target, you just dont have to think about whether pro bono hours are billable or not. We heard the firm essentially leaves it up to associates to determine what a reasonable amount of pro bono work looks like. A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Based in New York, Chatterjee is currently the head of the investment management practice at Sullivan & Cromwell. Boston, MA - Sullivan & Worcester LLP announced today that Spencer Stone, a Boston-based partner in the Real Estate practice group, has been . 0-5 year associate attorney needed for a civil litigation firm in the Buckheadarea. We very much believe in not limiting people: developing them from their first day into broad-thinking, engaged lawyers, because thats the approach our clients need and value. Among these clients was General Aniline & Film Corp., the biggest subsidiary in the Western Hemisphere of the notorious German cartel I.G. She will take up her new role as Chief Legal Officer next year. Candidates should We are seeking an attorney to join our corporate and transactional practice. S&C is the place to be if you want to kickstart your career as a generalist at one of the most prestigious firms in BigLaw. (A fifth, practice development, had been added by 1998.) LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. Does An In Depth Analysis Predicting SCOTUS Decisions Help You Wind Down? For lawyers who have never worked at S&C or who havent worked at S&C for years (such as lawyers who started as associates at S&C, left for government, and returned much later), such a trial period makes sense. by goden Sat Aug 22, 2015 11:15 am, Post Heres what one reader wrote to us: A bit disappointed by your coverage of S&C partner announcements (where Im an associate). CA: What are the most significant trends in the legal market that you feel students should know about? With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? On the one hand, traditional Biglaw business model is dying isnt a particularly novel story. Encouragements have included an increased budget for evening meals; subsidies for the cafeteria; gym and laundry facilities; and a relaxed dress code. It often involves lockstep or mostly lockstep pay for partners (although there are exceptions, such as S&C). Backed by the power of Employment Research Institute, there is no other publisher in the world more uniquely qualified to write to, and for, legal professionals. Join National Law Journal now! It really depends on what you are going for. Heres how Lexis Search Advantage | Transactional unites internal and external research to create better deals faster. This would in many ways bring us in line with the market, but would be a meaningful change for S&C. For a detailed look at this model, see our prior post, Biglaw: Its Not All About the Benjamins. Dont forget you can visit MyAlerts to manage your alerts at any time. David is the Managing Partner of the Hong Kong office and Local Corporate Group Head. Sullivan & Cromwell is one of the nation's elite law firms. A source at the firm said that excluding laterals, both true laterals and lawyers who left S&C for other opportunities (like government) and returned if you look at S&Cs new partners from the past ten years, their average time at the firm is between eight and nine years. P.C. Dismiss. A large majority of summers return to the firm after graduation (or after a clerkship), and at that point, students can select a practice area to join. Sullivan & Cromwell now consisted of litigation, general practice, and tax groups, plus a group for the administration of estates and trusts. An office in DC rounds out S&Cs domestic presence, which is accompanied by a further nine offices across Europe and the Asia-Pacific region. As an S&C associate, this is what I can tell you--it sucks. Our DNA is to always be looking ahead, to be dynamic and build and invest for the long term. The firm was continuing its quaint practice--unique among major law firms--of simply charging its clients a fee it considered "appropriate" rather than submitting hourly billing. by codeandcodes Sat Aug 22, 2015 12:36 pm, Post Chatterjee, a law firm Sullivan & Cromwell partner, will join Apollo next month as General Counsel, covering the firms asset management and retirement services businesses. The managing partner of Sullivan & Cromwell's mergers and acquisitions group, Joseph Frumkin, is recognised by peers as a "really excellent lawyer" and fellow New York partner Benjamin Stapleton is known as "an M&A giant". Two female. Practice Areas: Asset-Based Finance; Broker/Dealer Regulation; Commercial Banking; Commercial Real Estate; Commodities, Futures and Derivatives; Corporate Reorganization/Bankruptcy; Environmental Law; Insurance and Tort Liability; Intellectual Property; International Trade and Investment; Investment Management; Labor and Employment; Mergers and Acquisitions; Project Finance. This search term may not be submitted alone. The firm helped structure more than 60 major banking mergers in the United States, valued at more than $40.2 billion, during this decade. Let's hope this This search term may not be submitted alone. Don't miss the crucial news and insights you need to make informed legal decisions. We want to know your views on law firm policies and culture. Overall, I think its been the most interesting actually two years weve ever had. by zugzwanger Sat Aug 22, 2015 11:04 am, Post In 2021, the firm tapped Jay Clayton, the former US Securities and Exchange Commission Chairman, as its Lead Independent Director. Established in 1878, Sullivan & Cromwell is a law firm based in New York City, New York. Sullivan & Cromwell has elected Amanda Davidoff to lead its Washington, D.C., office as managing partner. Feb 27, 2023, Maria Dinzeo People have been having this conversation on online message boards since at least 2006. There are many more areas that come in for praise on S&Cs home turf of New York, but also across California, where it has offices inLA and Palo Alto.