Duane Morris

Duane Morris
Duane Morris LLP
Headquarters Philadelphia, Pennsylvania
No. of offices 24
No. of attorneys 594[1]
Major practice areas Full Service
Key people John Soroko (Chairman), Charles J. O'Donnell (COO)
Date founded 1904
Founder Russell Duane, Roland S. Morris
Company type Limited Liability Partnership
Website
duanemorris.com

Duane Morris LLP is a law firm headquartered in Philadelphia, Pennsylvania. Founded in 1904 as Duane, Morris, Heckscher & Roberts,[2] the firm has 24 offices in the United States, London, Singapore and Vietnam.[3] In addition to legal services, Duane Morris has independent affiliates employing approximately 100 professionals engaged in other disciplines.

Contents

Ranking and recognition

U.S. News & World Report and Best Lawyers in a 2010 survey of Best Law Firms ranked Duane Morris nationally as follows:[4]

Tier One:
Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
Construction Law
Insurance Law
Tier Two:
Admiralty & Maritime Law
Banking and Finance Law
Tax Law
Tier Three:
Corporate Law
General Commercial Litigation
Intellectual Property Law

In 2011, the Am Law 100 ranked Duane Morris as the 67th largest law firm in the U.S. based on gross revenue. [5]

In 2009, the National Law Journal ranked Duane Morris as the 72nd largest law firm in the U.S. based on October 2008 attorney headcount, which was stated to be 594.

In 2007, Duane Morris was named one of the 20 best companies for working women by Philadelphia Magazine[6] and one of the top 50 law firms for women by Working Mother magazine and Flex-Time Lawyers LLC, a national consulting firm focused on the retention and advancement of women.[7]

Growth

Under the ten-year leadership of Chairman Sheldon Bonovitz from early 1998 to early 2008, Duane Morris grew from a little more than 200 lawyers in 1998 to more than 650 by January 2008. Revenues increased over that period from $70 million to $375 million for 2007.[8] Bonovitz stepped down at the beginning of January 2008, replaced by former Vice Chairman John J. Soroko.

Harvard Business School completed a case study of the firm's growth entitled "Duane Morris: Balancing Growth and Culture at a Law Firm," which was presented in curriculum during the 2006-2007 academic year.[9][10]

Notable cases

  • Markman v. Westview Instruments, Inc.: Duane Morris represented the plaintiff Markman in a patent infringement lawsuit.[11] After winning a jury verdict, Markman lost the case in a subsequent directed verdict for the defendant Westview due to questions of patent claims construction. The decision to reverse the jury verdict was affirmed by the Court of Appeals for the Federal Circuit and later the U.S. Supreme Court. The result of this case is that so-called Markman hearings are now routinely conducted in patent infringement lawsuits so that a judge will rule on the legal meaning of patent claims before the lawsuit is argued before a jury.

Contingency fee practice

Duane Morris claims that it is unique among large law firms by maintaining an active contingency fee practice.[15][16] Contingency fees contributed $15 to $20 million to the firm's gross revenue in 2009.[17]

This practice raised concerns in the press after Duane Morris twice teamed up with the plaintiff firm of Coughlin Stoia Geller Rudman & Robbins, which was founded by William Lerach, who was sentenced to prison for offering kickbacks to lead plaintiffs.[18][19]

Duane Morris represented on contingency, six of the nine whistleblowers in a case against Eli Lilly in which the nine were rewarded with $78 million from the federal criminal settlement after Eli Lilly was found guilty of illegally marketing the anti-psychotic drug Zyprexa for off-label use.[20]

Industries Served

  • Automotive
  • Capital Markets
  • Commercial Lending
  • Construction
  • Energy
  • Financial Markets
  • Financial Services
  • Gaming
  • Healthcare
  • Information Technologies and Telecom
  • Insurance and Reinsurance
  • Manufacturing
  • Pharmaceutical & Biotechnology

Notable alumni

References

  1. ^ American Law Journal, Annual survey of the nation's largest law firms as of October 2008
  2. ^ Past and Present, Duane Morris website
  3. ^ http://www.duanemorris.com/site/offices.html
  4. ^ US News and Best Lawyers 2010 survey results for Duane Morris
  5. ^ Am Law 100 Rankings
  6. ^ Duane Morris Website
  7. ^ Duane Morris press release, August 14, 2007
  8. ^ Sheldon Bonovitz Steps Down as Duane Morris Chairman, John Soroko Takes Over Law Firm Leadership January 4, 2008, The Legal Intelligencer
  9. ^ ABA Journal, Dec. 2006
  10. ^ Duane Morris Press Release, October 5, 2006
  11. ^ Duane Morris website
  12. ^ National Association of Attorneys General, Master Settlement Agreement, Page 174
  13. ^ PA Bulletin Volume 30
  14. ^ Duane Morris website
  15. ^ martindale.com Practice Areas & Industries: Duane Morris LLP
  16. ^ Economy drives alternative billing The New Lawyer, by Olivia Collings, May 26, 2009
  17. ^ Duane Morris Increases Revenue 5 Percent, PPP 4 Percent Gina Passarella, The Legal Intelligencer, March 26, 2010
  18. ^ Duane Morris' New Co-Counsel Is Raising Eyebrows, Susan Beck, The American Lawyer, December 13, 2007
  19. ^ Law Blog Trend Of the Day: Big Law’s Switch Hitting, The Wall Street Journal, Peter Lattman, December 13, 2007
  20. ^ Eli Lilly to Pay $1.42 Billion to Settle Zyprexa Marketing Suits

External links


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