Kelley Drye: Difference between revisions
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Revision as of 18:03, 7 September 2012
Type: | Partnership |
Industry: | Legal |
Founded: | 1836 |
Founder(s): | Hiram Barney William Mulligan |
Headquarters: | New York |
Country: | USA |
Employees: | 350 lawyers |
Website: | www.kelleydrye.com |
LinkedIn: | Kelley Drye & Warren LLP |
Twitter: | @KelleyDrye |
Key People | |
Paul McCurdy, Chairman |
Kelley Drye & Warren LLP is one of the oldest international law firm in the United States with 350 practicing lawyers and professionals in New York, Washington, Los Angeles, Chicago, Stamford, Parsippany, and Brussels. Paul McCurdy is the current Chairman of Kelley Drye & Warren LLP.[1]
History
Kelley Drye & Warren LLP originated from the Mulligan & Barney law firm which was founded by Hiram Barney and William Mulligan in 1836. The firm started as a collections law firm. When Mulligan died in 1838, William Dwight Waterman partnered with Barney. The law firm became Waterman & Barney. In 1841, William Minott Mitchell became a partner and the firm's name was changed to Barney & Mitchell. Barney's first clients of the company include George Catlin, a famous artist who documented the lives of the Indians through painting and proposed the idea of creating National Parks and Francis Scott Key, author of "The Star Spangled Banner. The firm also handled the the Half-Breed Tract land claims and title disputes between the federal government and the Sac and Fox tribes. The firm also helped organize the Association of the Bar of the City of New York. In 1849 the firm became Barney and Butler when Barney partnered with Benjamin F. Butler and his son William Allen Butler. The firm became Barney, Butler, and Parsons in 1859. Barney retired from the firm in 1873. [2]
After Barney's retirement, the firm evolved from different partnerships. In 1874, William Allen Butler, Thomas E. Stillman and Thomas H. Hubbard became partners and the name of the law firm became Butler, Stillman & Hubbard. In 1880, John Notman, Adrine Joline Wilhelmus Mynderse and William Allen Butler, Jr., became partners in the law firm. When Stillman and Hubbard retired in 1896, they took over the firm and changed its name to Butler, Notman, Joline & Mynderse.[3]
In 1905, the law firm split into two partnership wherein Butler, Notman and Mynderse concentrated legal practice on admiralt industry.On June 5, 1907 Willian J. Wallace, the late presiding justice of the United States Circuit Court of Appeals joined the firm after the deaths of Mynderse and Notman on 1906 and 1907 respectively. The firm was renamed Wallace, Butler and Brown.[4] The other partnership was named Joline, Larkin and Rathbone focused providing legal services corporations and retained some of the clients of its precursor such as the Central Trust Company of New York. The firm helped re-organized different companies including Metropolitan Street Railway and the New York City Railway (1907), Westinghouse Electric & Manufacturing Company (1908), St. Louis & San Francisco Railroad and Maxwell Motor Company, Inc. (1913) etc.[5]
Nicholas Kelley joined Larkin, Rathbone & Perry as partner in 1921. The firm was instrumental in reorganizing the Maxwell Motor Company and successfully negotiated a deal with Chase Securities to finance the production of new cars designed by Walter Chrysler. The firm also negotiated the sale of the Chrysler building in New York. Chrysler is still a client of the firm. In 1930, Wilson Drye joined as partner in the company.[6] In 1943 the partnership was named Rathbone, Perry, Kelley & Drye. In 1961, the firm acquired Barr, Robbins & Palmer. In 1975, Kelley Drye & Warren LLP became the permanent name of the law firm. [7]
Growth and Expansion
In 1979, Kelley Drye had 93 lawyers in New York. By 1984, the firm established offices in New York, Miami, Los Angeles, San Francisco, Tokyo, Washington, D.C.; Morristown, New Jersey; and Stamford and Danbury, Connecticut with 210 lawyers.[8] In 1993, the Kelley Drye ranked 45th most profitable law firm in the United States by the American Lawyer based on the firm's 1992 financial data. In 2010, the firm recorded $203.5 million revenue and the profit per partner was $950,000 while the revenue per lawyer was $635,000 according to the Am Law data.[9] At present, the firm has more than 350 lawyers and employees in the United States, Belgium and it has also an affiliate Office in Mumbai, India. It provides services in more than 30 legal practice areas. [10]
Awards
Kelley Drye received numerous recognition from various organizations including:[11]
- Listed as one of the 24 Highly Recommended Firm for Litigation among Fortune 500 Corporate Counsel in the 2010 BTI Consulting survey
- Received a National First-Tier Ranking for the 2011-2012 Best Law Firm study in four legal practice areas including Advertising and Marketing, White Collar Crime and Investigations, International Trade and Customs, and Trademark and Copyright.The award was presented by U.S. News and Best Lawyers.
- 23 Kelley Drye Leading Lawyers and nine Kelley Drye Practice Areas were recognized by Chambers USA in 2011.
- Best Lawyers, 2012 ranked 27 Kelley Drye attorneys.
- US Legal 500 recognized 27 Kelley Drye attorneys in their 2011 edition.
- Received the Burton Awards Distinguished Law Firm category for four consecutive years from 2008-2011 from the Burton Foundation, a non-profit academic organization recognizing excellence in the legal profession.
- HIghly recommended by the Corporate Counsel as a "Go-To" Law Firm for multiple practices from 2008 to 2011.
- Recognized ad the world's most highly regarded international law firms to work with Indian businesses from 2008 to 2011 by the India Business Law Journal.
A complete list of recognition received by the firm can be found here
Comments and Initiatives Related to ICANN's New gTLD Program
Andrea Calvaruso, partner and chair of the Trademark and Copyright practice group of Kelly Drye said in an interview that the new gTLD expansion program of the Internet Corporation for Assigned Names and Numbers provides inconvenience for companies and think that the $ 185,000 application fee is expensive and her clients felt that they are over a barrel, skeptical and resentful to the idea that they need to acquire more domain names. According to her, "The cost of running an entire domain system involves not just registration but legal and IT services, unless a brand is already an IT firm, she says they will have to pay a specialist firm to help them manage the ten year commitment." [12]
As part of its Internet, Trademark and Copyright Law Practice, the firm provide relevant information to its clients about the ICANN's new gTLD program through its publications and blogs. On November 21, 2011, the firm sponsored a seminar on New gTLDs-What in-House Counsel Need To Know:Making Informed Decisions and Protecting Your Brand. [13]
References
- ↑ About Kelley Drye
- ↑ Barney, Hiram Biographical History
- ↑ A Retrospect of Forty Years 1825-1865
- ↑ A Retrospect of Forty Years 1825-1865
- ↑ Company Histories and Profile: Kelley Drye & Warren LLP
- ↑ Bankruptcy Professional Spotlight:James S. Carr, Kelley Drye Warren LLP
- ↑ Company Histories and Profile: Kelley Drye & Warren LLP
- ↑ Company Histories and Profile: Kelley Drye & Warren LLP
- ↑ The Am Law Daily- After Two Decades, Kelley Drye Gets a New Chairman
- ↑ Our Firm Premiere Service Since 1836
- ↑ Accolades and Awards
- ↑ New Internet Names Feared, Loathed By All
- ↑ New gTLDs-What in-House Counsel Need To Know:Making Informed Decisions and Protecting Your Brand