Winston & Strawn

Winston & Strawn LLP

Headquarters	Leo Burnett Building Chicago, Illinois United States
No. of offices	10 in U.S., 6 outside U.S.
No. of attorneys	900 (2017)
No. of employees	approximately 2,000 total
Key people	Dan K. Webb (Co-Executive Chairman) Jeffrey L. Kessler (Co-Executive Chairman) Thomas P. Fitzgerald (Chairman) Michael S. Elkin (Vice-Chairman)
Date founded	1853
Founder	Frederick H. Winston
Company type	Limited liability partnership
Website	www.winston.com

Winston & Strawn LLP is an international law firm headquartered in Chicago. It has more than 900 attorneys spread across ten offices in the United States and six offices in Europe, Asia and South America.^[1] Founded in 1853, it is one of the largest and oldest law firms in Chicago.^[2]^[3]^[4]

The firm is known for its litigation practice across a variety of fields.^[5]^[6]^[7]^[8]

YouTube Encyclopedic

1/2
Views:
481
461

Transcription

Offices

The firm's largest office by number of employees is Chicago. It maintains other U.S. offices in Charlotte, Dallas, Houston, Los Angeles, Miami, New York, San Francisco, Silicon Valley, and Washington, D.C., and international offices in Europe (Brussels, London, and Paris) and Asia (Shanghai).^[1]

History

Winston & Strawn LLP was founded in Chicago in 1853 by Frederick H. Winston, who was joined by the firm's other name partner, Silas H. Strawn, in 1892.^[9]

The white-shoe firm has made a series of mergers and opened additional offices. The firm operates in the Cravath System tradition, with practices such as lateral hiring.

In May, 2012, 60 attorneys joined the firm from Dewey & LeBoeuf.^[10]^[11]

In 2016 Winston & Strawn became the first Chicago law firm to match the record starting salary of $180,000 for first-year associates, beginning a "salary war" among large Chicago law firms after years of no change.^[12]^[13]

In 2016, the firm announced a gender-neutral parental leave policy, allowing both male and female associates to take up to 20 weeks of paid parental leave within the first year of a child's life.^[14]

In February 2017, the firm opened an office in Dallas with twenty-three partners from eight different law firms in Texas.,^[15]^[16]^[17] In July of that year it added twelve partners to its employee benefits and executive compensation team, all from McDermott Will & Emery LLP.^[18]

In January, 2020, the firm closed its office in Dubai, which the firm had opened four years earlier.^[19]

In August 2020, the firm announced the formation of an Environmental, Social and Governance (ESG) Advisory Team, designed to assist companies navigate their ESG Profiles.^[20]

From mid-2020, the firm introduced austerity measures, including cuts to associate numbers and partner compensation, due to the COVID-19 pandemic.^[21]

Revenue

In 2017, the firm's reported revenue was $985 million in 2017.^[22]^[23] Its reported 2019 revenue was $1.01 billion.^[1] In 2020, during the COVID-19 pandemic, revenue decreased about three percent, to $981.2 million, while partner profits increased by more than four percent due to reduced expenses.^[24]

Notable representations

Winston & Strawn has handled high-profile matters for its clients, including its organizing the Union Stockyard and Transit Company in 1894; challenging the War Powers Act in 1944 on behalf of department store Montgomery Ward; and representing the Atlanta Braves baseball franchise in 1966 litigation involving its relocation from Milwaukee to Atlanta. More recently:

2017: Achieved a favorable settlement for client Beef Products, Inc., BPI Technology, Inc., and Freezing Machines, Inc. (BPI) in a lawsuit against ABC News that has been described as "one of the most high-stakes defamation court battles in U.S. history."^[25]^[26]
2016: On behalf of Warner Chilcott (owned by Teva Pharmaceuticals), secured a judgment invalidating the patent for NuvaRing—the first combined contraceptive vaginal ring marketed in the U.S. The judgment struck down Merck & Co's patent infringement claims.^[27]^[28]
2016: Represented Verizon as Employment & Employee Benefits Counsel in Acquisition of Yahoo!^[29]^[30]
2016: Led by Dan Webb, released report regarding review of the Federal Civil Rights Litigation Division of the City of Chicago Department of Law^[31]^[32]
2015: Obtained a win before the U.S. Supreme Court on behalf of Omnicare Inc.^[5]
In an antitrust lawsuit led by Jeffrey Kessler,^[33] representing a group of current and former college athletes seeking to strike down unlawful compensation restraints imposed by the NCAA on Division I men's basketball and football programs
Represented Luxottica Group S.p.A. in acquisitions, including its $1.6 billion hostile takeover of U.S. Shoe Corporation, owner of LensCrafters, in 1995 and its 2007 $2 billion acquisition of Oakley^[34]^[35]
2007: Assisted Lear Corporation in connection with the bid for the company by Carl Icahn.^[36]
2006: Represented the New York Stock Exchange in the Grasso compensation investigation and subsequent litigation^[37]
2002: Achieved a victory for Microsoft Corporation in the remedy phase of its battle against federal and state antitrust claims^[38]
2001: Counseled Barr Laboratories to invalidate a key patent on Prozac in a case Fortune magazine calls "the mother of all patent challenges"^[39]
1994: Defended General Electric in its industrial-diamond price-fixing case, led by Dan K. Webb^[40]