Sidley Austin LLP , formerly known as Sidley Austin Brown & amp; LLP Timber , is the sixth largest US corporate law firm with 1,900 lawyers and annual revenues in excess of two billion dollars. This company is one of the highest paid companies in the US (with a $ 190,000 principal salary for first-year employees and $ 340,000 for peers in the eighth year, partners see a profit of $ 2.2 million per year). Currently, Sidley has offices in 20 cities around the world, with the latest addition from Munich in 2016. It is a full-service law firm, with extensive experience in transaction and litigation issues. His original predecessor company was founded in 1866 and has former first lady Mary Todd Lincoln, then widow of President Abraham Lincoln, among his earliest clients. The company was formed as a result of the merger of two companies: Sidley & amp; based in Chicago; Austin , founded in 1866, and Brown & amp; based in New York. Wood, was established in 1914. The merger was completed in May 2001. The company's headquarters are located in South One Dearborn in Chicago Loop.
Every year since the start of the survey, Sidley has received more First Level National Ranking than any other US law firm in the Best Legal Body Survey by the US. News & amp; World Report . 2015 US. News Survey also mentions Sidley as "Law Firm of the Year" in International Trade and Finance Law and Litigation - Securities. In 2014, it is the 13th largest law firm in the world (and 8 in the US) by revenue.
Video Sidley Austin
Histori
Origins di Chicago
The company that became Sidley Austin was formed in Chicago in 1866 by Norman Williams and John Leverett Thompson as a partnership of Williams & Thompson. One of the company's first newborn clients is the Pullman Company, a specialized bed-car manufacturer. Other early clients included the Western Union Telegraph Company, which moved its Midwest headquarters from Cleveland to Chicago in 1869. After the Great Chicago Fire in 1871, the company represented many insurance companies including the Equitable Life Assurance Society. In 1892, William Pratt Sidley joined the company after obtaining LLB from Union College of Law and M.A. from Harvard Law School. In 1913, the company name was changed to Holt, Cutting & amp; Sidley, although Sidley will be the guiding personality for the Chicago company through the 20th century. Three years later - the then fifty-year-old company-had four partners, four clerks (), and ten staff members with gross revenues of about $ 100,000 (about $ 1.9 million in dollars in 2008).
Satisfied by the Great Depression, the company suffered a dramatic drop in revenues until the New Deal in the 1930s revived the capital market. The company represents Halsey, Stuart & amp; Co., a Chicago-based underwriter in one of the first deals under the Securities Act of 1933. In 1944, his name was changed to Sidley, Austin, Burgess & amp; Harper and shortened to Sidley & amp; Austin in 1967.
Go to national company
After the Second World War, Sidley & amp; Austin began to expand beyond its Chicago roots as many of its clients entered new markets. In 1963, the Washington branch, D.C. was established which will soon become an important player in the city's legal market through its representatives from the American Medical Association, the American Bar Association and International Minerals & Chemical Company. The company develops strength in antitrust and client representation in front of the Federal Trade Commission.
Sidley & amp; Austin is one of several law firms trapped in Savings & amp; Loan Crisis and pay $ 7.5 million to settle legal malpractice claims derived from its representatives from the Lincoln Savings and Loan Association. Such legal work is profiled in books by Ralph Nader and Wesley J. Smith, No Contest: Corporate Lawyers and Perversion of Justice in America .
Expansion and consolidation
Sidley & amp; Austin grew rapidly in the 1970s and 1980s. In 1972, the company merged with 50 Chicago corporate lawyers Leibman, Williams, Bennett, Baird & amp; Minow. Offices were established in London, Los Angeles, Singapore and New York in no time.
In 2001, the company merged with Brown & amp; Wood, a New York-based law firm founded in 1914 with 400 additional domestic office attorneys in Washington, DC, San Francisco and Los Angeles and overseas branches in London, Beijing and Hong Kong (where he practices English law in addition to law US). Chocolate & amp; Wood is known for its securities, structured finance and securitization practices. A well-regarded corporate publication, Accessing the U.S. Capital Markets: Introduction to US Securities Law , is constantly updated annually today. Chocolate & amp; Wood has offices at the World Trade Center. The company was known as Sidley Austin Brown & amp; Wood to its name was renamed Sidley Austin in 2006.
Group Practice Appeal
In 1985, US Attorney General Rex E. Lee established Sidley Austin Appeals Practice Group to represent clients in all appeals courts, including the United States Supreme Court, federal appeals court, and state appellate and supreme courts. Following Lee's death, the group was led by Carter Phillips, who has argued more cases before the Supreme Court than any lawyer in private practice and who now heads the company's executive committee. The joint chairman of the training group is former Public Prosecutor Peter Keisler and former Deputy Principal Prosecutor Joseph Guerra.
The Appeals Group has debated several important cases before the Supreme Court including the US. Term Limits, Inc. v. Thornton (the constitutionality of the time limit imposed by the state on members of Congress), Missouri v. Jenkins (proper role of federal court in applying desegregation solutions), and United States v. Lopez (The Trade Clause challenges federal laws that prohibit the possession of firearms within 1000 feet of the school). Directly or indirectly, Sidley Austin plays a role in 40 percent of the cases that the Supreme Court hears every term. Over the past 30 years, his lawyers have debated 115 high court cases.
On March 19, 2015, the US Court of Appeal for the Federal Circuit ruled that Sidley Austin's client, AT & amp; T Inc., filed an appeal too late in case of patent infringement, which harms AT & amp; T's right to appeal $ 40 million in bad judgment. The Federal Circuit declared that the firm's lawyers team failed to file an appeal notice within the required thirty days after a federal district court rejected some post-trials. The court confirmed the district court ruling that it was "inconvenient" that none of the eighteen lawyers and assistants who received electronic notices were "distracted to read orders issued by the court."
Maps Sidley Austin
Ranking and acknowledgment
Companies often appear in the top ranks of various industries. In 2015, BTI Consulting Group named Sidley to the BTI Client Service A-Team - one of only two law firms ranked in BTI Client Services, Top 10 for fourteen consecutive years. The company also appeared in 14 categories on The American Corporate Lawyer Scorecard, landing on the premises. 1 for his role as a publisher advisor in equity offered by a US company, publisher and underwriter advisor for investment grade debt, and a responsible consultant for REIT debt. Other awards include the 2005 Catalyst Award, awarded in recognition of the company's impressive initiative to defend and promote female lawyers, and the second consecutive year as No. 1 in the rankings by Thomson Financial for the top publisher adviser and top management adviser for US debt and equity related activities.
The company is mainly known for its securities practices and international trade practices, both of which are consistently ranked first in each of Chambers and Partners' special ratings. The current trade group represents the side of the Airbus/Europe Community in the ongoing WTO dispute with Boeing/USA. The group is named the WTO Global Law Firm 2006 of the Year and ranks first, before Wilmer Hale and Steptoe & amp; Johnson, ranked at 500 European Laws. The appeals and practices of the US Supreme Court are also well-known and have been featured on USA Today , BusinessWeek , American Lawyers , Legal Time , and Journal of National Law .
In 2008 Sidley Austin was awarded Deal of the Year - The Debt Market Agreement of the Year at the 2008 ALB Hong Kong Law Awards. In 2015 Sidley Austin was named Finance Team of the Year at the Lawyers Award in London.
Sidley Austin during the September 11 attacks
The September 11, 2001 terrorist attacks personally affected Sidley Austin's employees. Before the merger, create Sidley Austin Brown & amp; Wood, which lasted just four months before the September 11, 2001 terrorist attacks, Brown & amp; Wood is in the World Trade Center, while Sidley & amp; The New York Austin office is located in an office on Third Avenue. Of the 600 employees who worked at the World Trade Center at the time of the attack, one died, switchboard operator, Rosemary Smith.
Sidley Austin reopened its office in New York on Monday, September 17, 2001 at Sidley & amp; The Austin office on Third Avenue is scheduled to close on September 16. Instead, he rented four additional floors at the site, in an agreement that was completed less than three hours after the collapse of the World Trade Center. Sidley Austin then opened his new permanent office at the Equitable Center building on Seventh Avenue in July 2002.
Rename
In the 1920s, the company was named Cutting, Moore & amp; Sidley. After a number of changes, it's known as Sidley & amp; Austin for years to join the New York stock exchange company, Brown & amp; Wood in the 1990s. His name was changed to Sidley Austin LLP on January 1, 2006.
Political contributions
According to the Responsive Political Center, Sidley Austin is one of the major law firms that contribute to federal candidates during the 2012 election cycle, contributing $ 1.45 million, 66% to Democrats (yet, one of his former summer counterparts, Barack Obama, Democratic ticket). For comparison, during the same period Akin Gump Strauss Hauer & amp; Feld contributed $ 2.56 million, 66% to the Democrats, while the ExxonMobil oil conglomerate donated $ 2.66 million, 88% to Republicans. Since 1990, Sidley Austin has contributed $ 6.88 million to federal campaigns.
References
External links
- Official website
- The Sidley Austin company is grouped in OpenCorporates
- See this company profile at Martindale.com
Source of the article : Wikipedia
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