Kaye Scholer

Kaye Scholer
Headquarters 250 West 55th Street, New York, NY
No. of offices 9
No. of attorneys 450+
Major practice areas General practice
Revenue $370 million (2015)[1]
Profit per equity partner $1.38 million (2015)[1]
Date founded 1917 (New York City)
Company type Limited liability partnership
Website
www.kayescholer.com

Kaye Scholer is a law firm founded in 1917 by Benjamin Kaye and Jacob Scholer. The firm has more than 450 attorneys in nine offices located in the cities of Chicago, Frankfurt, London, Los Angeles, New York (headquarters), Shanghai, Palo Alto, Washington, D.C., and West Palm Beach.[2]

Reputation and recognition

Kaye Scholer is internationally known for being a leading litigation firm. Its particular areas of litigation strength include antitrust, intellectual property, and products liability. In 2008, Kaye Scholer was named Product Liability Firm of the Year by Chambers and Partners.[3] In 2005, 2006 and 2007, The National Law Journal named Kaye Scholer to its list of top 10 elite litigation defense firms, making Kaye Scholer the only law firm to appear on this list for the three years it had run. In 2006, The American Lawyer magazine selected Kaye Scholer as the products liability litigation firm of the year.[4] In 2013, Law360 selected Kaye Scholer's product liability practice as one of its Practice Groups of the Year.[5] Kaye Scholer was one of only five firms singled out for product liability by the publication.[6]

Kaye Scholer also has a well-developed transactional practice, including world-class expertise [7] in aviation, bankruptcy, finance, mergers and acquisitions, private equity, and real estate.

In the life sciences arena, Kaye Scholer was recognized in 2010 as “one of the most well regarded firms” for life sciences by The International Who’s Who of Life Sciences Lawyers 2010. On September 10, 2009, at an awards ceremony in Basel, Switzerland, capping Novartis AG's Global Legal Meeting, Kaye Scholer received the company's first-ever Preferred Provider Award for Excellence.[8]

Kaye Scholer is one of the nation's most profitable large law firms, according to American Lawyer magazine. Kaye Scholer maintains a reputation [9] for being a collegial firm, something of a rarity in law firms of its size and economic success.

History

The firm was founded in 1917 in New York by Benjamin Kaye and Jacob Scholer. Scholer was a graduate of New York Law School. Kaye was a graduate of Columbia Law School and an eminent banking lawyer who was among the first lawyers to bring a federal income tax case to trial under the 1913 income tax law. Kaye was also a noted playwright who wrote plays between tax cases. The firm was known as Kaye, Scholer, Fierman, Hays and Handler for many years.

In 1958, the firm moved into brand new offices at 425 Park Avenue, between 55th and 56th Streets. This becomes the firm’s New York headquarters for the next 55 years,[10] making it one of the longest business tenants at one locale in the city’s history. In fall 2014, the firm left 425 Park Avenue and moved its New York headquarters to 250 West 55th Street.[11]

Kaye Scholer launched an office in Washington, D.C. in 1980 that now employs approximately 50 attorneys.

Charges brought by the Office of Thrift Supervision against the firm in 1992 related to its representation of Charles Keating and his bank, Lincoln Savings and Loan, generated one of the most prominent legal ethics controversies of the decade.[12]

Kaye Scholer opened an office in West Palm Beach in 1997 where it focuses on real estate and estate planning law.

Former US Senator Abraham Ribicoff joined Kaye Scholer as Senior Counsel in 1981. Ribicoff had previously sponsored the bill that opened up trade between the US and China. As a result of his influence, Kaye Scholer was able to further expand into the Asian market, becoming the first New York-based firm to open a Shanghai office in 1998.[13][14]

In 2001, Kaye Scholer opened offices in London and Chicago; the firm's Frankfurt office opened soon after, in 2002. In 2010, the firm opened its ninth office in Palo Alto, offering a full range of legal services to technology companies and private investment firms in Silicon Valley. From complex intellectual property matters involving patents, copyrights, trademarks and trade secret disputes for the software, hardware, computer, electronics, entertainment and movie industries to private and public financings, joint ventures, licensing, acquisitions and fund formations, Kaye Scholer successfully delivers sophisticated, focused and efficient representation to companies throughout Silicon Valley and Northern California.[15]

Following the merger of London-based Clifford Chance and legacy firm Rogers & Wells, Kaye Scholer benefited from a series of key lateral partners in intellectual property and bankruptcy.[16][17]

Notable mandates

Transactional

Litigation

Literary history

Kaye Scholer is a law firm with a strong literary tradition, reaching back to the firm’s playwright co-founder Benjamin Kaye. His most successful plays include She Couldn't Say No, which premiered on Broadway in 1926 and was adapted for the screen in 1930 and 1940. Other plays written by Kaye include I Want My Wife (1930), The Curtain Rises (1933) and On Stage (1935).[51]

In addition, several Kaye Scholer lawyers have published successful novels. In 2005, Greenleaf Book Group Press published Two Men Before the Storm: Arba Crane's Recollection of Dred Scott And the Supreme Court Case That Started the Civil War, written by Kaye Scholer Partner Greg Wallance.[52] The historical novel traces the series of events that led to the landmark Supreme Court ruling in Dred Scott vs. Sandford. Wallance has also authored two nonfiction books, Papa’s Game (1981)[53] and America’s Soul in the Balance: The Holocaust, FDR’s State Department, and the Moral Disgrace of An American Aristocracy (2012).[54]

In fall 2012, Academy Chicago Publishers published Kaye Scholer Special Counsel Richard Smolev’s debut novel, Offerings, which tells the story of the ambitious Kate Brewster, who is determined to be the first woman to run a Wall Street investment firm despite the many high-stakes obstacles that impede her progress.[55] Smolev’s second novel, the historical In Praise of Angels, was published in summer 2013.[56]

Noted alumni

Among Kaye Scholer's alumni are Judge Denise Cote of the United States District Court for the Southern District of New York; the late former Senator Abraham Ribicoff; Kenneth Feinberg, Special Master of the U.S. Government's September 11th Victim Compensation Fund; and the late Milton Handler, a Columbia Law professor and antitrust expert who drafted laws that include the first Food and Drug Act, the National Labor Relations Act and the GI Bill of Rights.[57]

References

  1. 1 2 Meyer, Dani (March 16, 2016). "Squire Patton Boggs, Kaye Scholer Revenue Figures Revealed". Law360.
  2. "Kaye Scholer LLP". U.S. News. Retrieved 29 December 2015.
  3. "Chambers USA Awards for Excellence 2008: The Winners" (PDF). Chambers and Partners.
  4. Press, Aric. "Litigation Department of the Year". Retrieved 6 March 2013.
  5. Shrestha, Bibeka. "Product Liability Group of the Year: Kaye Scholer". Law360.
  6. Simpson, Jake. "Law360 Names Practice Groups Of The Year". Law360.
  7. "Chambers USA 2012: Kaye Scholer LLP". Chambers and Partners.
  8. "Kaye Scholer Chosen for Novartis's Inaugural Preferred Provider Award for Excellence". Retrieved 6 March 2013.
  9. "Chambers Associate Law Firm Profile - Kaye Scholer LLP". Chambers and Partners. Retrieved 27 June 2013.
  10. Amon, Elizabeth. "Goodwin Procter, Kaye Scholer to Move Offices: Business of Law". Bloomberg.
  11. Delaporte, Gus. "Boston Legal: Andrew Levin On 250 West 55th Street". Commercial Observer.
  12. William H. Simon, "The Kaye Scholer Affair: The Lawyer's Duty of Candor and the Bar's Temptations of Evasion and Apology" (2006) http://onlinelibrary.wiley.com/doi/10.1111/j.1747-4469.1998.tb00705.x/abstract
  13. "Chambers Asia 2012 - Kaye Scholer LLP".
  14. The Lawyer, 'NYC firm first to Shanghai,' (1998) http://www.thelawyer.com/cgi-bin/item.cgi?id=95588
  15. Lee, Kevin. "Former Kaye Scholer Leader Heads to Greenberg Traurig". The Daily Journal.
  16. The Lawyer, 'Clifford Chance New York rainmaker quits for Kaye' (2003) http://www.thelawyer.com/cgi-bin/item.cgi?id=107812
  17. The Lawyer, 'CC hit for six by Kaye Scholer NY raid' (2005) http://www.thelawyer.com/cgi-bin/item.cgi?id=114093
  18. Whiteman, Lou. "Genesis Healthcare goes public via merger". http://pipeline.thedeal.com/. The Deal. Retrieved 20 August 2014. External link in |website= (help)
  19. Taulbee, Pamela. "Pfizer Bolsters Injectables by Buying InnoPharma". The Street.
  20. Pringle, Sarah. "Helen of Troy Takes Healthy Directions". The Deal.
  21. Henderson, Tom. "Private equity firm buys Novi-based Learning Care Group". Crain's Detroit Business.
  22. Meagher, Bill. "REIT Five Oaks receives $75M ATM facility". The Deal.
  23. Weinmann, Karlee. "Novartis Unveils $30B In Deals To Drive Strategic Overhaul". Law360.
  24. "Pharmafirma Vectura kauft Activaero".
  25. Huddleston, Jr., Tom. "Skadden Lands Roles on Two Insurance Sector Deals". The Am Law Daily.
  26. Collins, Allison. "American Securities Picks Up Frontier Spinning". Mergers & Acquisitions.
  27. Paquette, Monica. "Marketplace". New York Law Journal.
  28. Man, Pui-Guan. "US duo's London offices take lead on Goldmans' motor insurer investment". Legal Week.
  29. http://pipeline.thedeal.com/tdd/ViewArticle.dl?id=10005863117
  30. http://www.jwchilds.com/sites/all/files/jwchilds/attachments/Mens%20Wearhouse%20July%2018%202013.pdf
  31. Wilson, Daniel. "FTC OKs Novartis' $1.5B Fougera Buy With Divestitures". Law360.
  32. Pasternak, Sean. "Onex Agrees to Buy USI From Goldman Fund for $2.3 Billion". Bloomberg.
  33. Lerner, Kira. "JPML Refuses Consolidation Of Endo Birth Control Suits". www.law360.com. Law360. Retrieved 18 August 2014.
  34. Donahue, Bill. "Hershey Wins Ban On Same-Named Sen.'s Look-Alike Signs". Law360.
  35. Greene, Kat. "Class Cert. Denied In Pfizer Pay-For-Delay Suit". Law360.
  36. Lipkin, Michael. "Amazon, Publishers Dodge Bookstores' E-Book Antitrust Suit". Law360.
  37. Hornbeck, Eric. "Kenneth Cole's $160M Go-Private Deal Sound, Judge Rules". Law360.
  38. Graham, Scott. "Circuit OKs Director's Suit Over Fraud in Merger Registration". The Recorder.
  39. "Parties to Chinese Drywall Litigation Reach Global Settlement". PR Newswire.
  40. Wolfe, Jan. "Kaye Scholer Scores Verdict in IP Row Over Airplane Parts". The American Lawyer.
  41. Bolado, Carolina. "Qualitest Beats Class Cert. Bid In Birth Control Recall Suit". Law360.
  42. Randles, Jonathan. "Illumina Patent Claims Invalidated In DNA Sequencing Row". Law360.
  43. Li, Victor. "1st District Rules in Favor of Big Pharma in Antitrust Suit". The Recorder.
  44. Li, Victor. "Kaye Scholer Fends Off Challenge to Pfizer Cancer Drug Patents". The American Lawyer.
  45. Uhlman, Lisa. "4Kids Plan Confirmed Over License Partner's Objection". Law360.
  46. Stride, Megan. "Pfizer Units Escape Suit Over Hormone Treatments". Law360.
  47. Coe, Erin. "USPTO To Update Patent Term System After Ruling". Law360.
  48. Lipman, Melissa. "How They Won It: Kaye Scholer Saves Pfizer's Viagra Patent". Law360.
  49. Coe, Erin. "Federal Circuit Won't Rehear Celebrex Patent Dispute". Law360.
  50. Howard, Samuel. "Caribe Media Ch. 11 Plan Gives Lenders Control Of Co.". Law360.
  51. http://www.playbillvault.com/Person/Detail/24774/Benjamin-M-Kaye
  52. "Historical novel retells tale of American injustice". Chicago Tribune. 1 January 2006.
  53. Maitland, Leslie (6 September 1981). "PAPA'S GAME By Gregory Wallance. 309 pp. New York: Rawson, Wade Publishers. 4.95". The New York Times.
  54. "Kaye Scholer's Greg Wallance Authors Book on State Department's Role During Holocaust". Reuters. 18 April 2012.
  55. http://academychicagoblog.wordpress.com/2013/01/16/writers-exchange-richard-smolev-author-of-offerings/
  56. Winters, John. "Review: Angels with dirty pockets". The Sun Chronicle.
  57. Nasar, Sylvia (12 November 1998). "Milton Handler, 95, Is Dead; Antitrust Expert Wrote Laws". The New York Times.

External links

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