Dickstein Shapiro

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Dickstein Shapiro LLP
File:Dickstein Shapiro logo.png
HeadquartersWashington, D.C.
No. of offices4
No. of attorneysapproximately 400
No. of employeesapproximately 800
Major practice areasLitigation, intellectual property, public policy, corporate law, insurance law, antitrust
Key peopleJames D. Kelly, Chairman[1]
Revenue$281 million[2]
Date founded1953[3]
Company typeLimited liability partnership
WebsiteDicksteinshapiro.com

Dickstein Shapiro LLP (formerly Dickstein, Shapiro, Morin & Oshinsky[4]) was a large U.S. law firm and lobbying group based in Washington, D.C., with five offices across the United States. According to the National Law Journal's 2012 rankings, it was the 128th largest law firm in the United States.[citation needed] The firm also ranked 75th in profit per attorney on the 2012 AmLaw 200 survey.[2]

Practice areas

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The firm was divided into six practice groups, each of which handle various aspects of their respective specialties: Complex Dispute resolution, Corporate & Finance, Government Law & Strategy (includes lobbying, political law, regulatory law and government contracts), Insurance coverage, Intellectual property, and Litigation.

Pro Bono

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Dickstein Shapiro was recognized by the DC Bar for its leadership in pro bono representation.[5] It was one of the law firms representing the detainees at the Guantanamo Bay detention camp.

History

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Dickstein Shapiro was founded by Sidney Dickstein and David I. Shapiro in New York City in 1953. By 1956, the firm moved its headquarters to Washington, DC.[6] The firm quickly established its reputation by winning several high-profile cases, including Silver v. New York Stock Exchange before the United States Supreme Court.

Over the following decades, the firm grew organically and through lateral hiring. In 2001, Dickstein Shapiro merged with Roberts, Sheridan & Kotel, a New York boutique firm that had spun off from Cravath, Swaine & Moore and which was primarily focused on corporate finance and tax law.[7]

In 2012, the firm entered into merger discussions with San Francisco-based international firm Pillsbury Winthrop, but those talks ended by early 2013.[8]

Dickstein Shapiro hired former Republican Speaker of the House Dennis Hastert as a lobbyist shortly after he resigned his seat in Congress. Hastert was later indicted in May 2015 on charges of illegally withdrawing money from banks to pay hush money to an individual that he committed misconduct against years ago. Hastert resigned his lobbyist position the day the indictment was unsealed. Hastert's biography was quickly removed from the firm's website, and the firm also purged all mentions of Hastert from its previously posted press releases.[9] Hastert's resignation from Dickstein Shapiro following the indictment against him left the law firm and lobbying firm "reeling," according to news reports.[9] The firm's lobbying business had already been struggling; it was reported that the firm had billed $130,000 on behalf of eight clients for the first quarter of 2015, "not close to being on track for its overall 2014 billings, when it brought in $3.7 million for the year."[9] In the few years preceding the indictment, Dickstein Shapiro had already "faced an exodus of ... talent" to rival firms Greenberg Traurig and Cozen O'Connor, as well as "the loss of major client contracts" including Lorillard Tobacco Co., Peabody Energy Corp., Bayer Corp., and Covanta Energy Corp.[9] Following the Hastert indictment, it was reported that Dickstein Shapiro's biggest domestic client, Fuels America, terminated its lobbying contract with the firm.[9]

In February 2016, it was announced that the firm would discontinue operation and that Blank Rome would hire approximately 100 of its lawyers.[10][11][12] Equity partners are expected to lose all of their firm capital.[13][needs update]

Offices

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Notable lawyers and employees

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Notable alumni

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Notable clients

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References

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  3. ^ Firm Website
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  10. ^ "Once-Mighty Dickstein Shapiro Closing Up Shop," The Wall Street Journal, February 11, 2016
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  13. ^ "Dickstein Shapiro partners are informed their capital is gone; some could lose more than $1M," ABA Journal, February 16, 2016
  14. ^ Glanzer's firm bio
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