Orrick, Herrington & Sutcliffe
Encyclopedia
Orrick, Herrington & Sutcliffe LLP is an international law firm
Law firm
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other...

 founded in San Francisco. Orrick traces its roots back to 1863, making it the oldest continuously-operating law firm
Law firm
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other...

 in San Francisco, and the second-oldest privately-held company in San Francisco after Levi Strauss & Co.
Levi Strauss & Co.
Levi Strauss & Co. is a privately held American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in 1853 when Levi Strauss came from Buttenheim, Franconia, to San Francisco, California to open a west coast branch of his brothers' New York dry goods business...

. Orrick is currently headed by Chairman Ralph Baxter, an employment lawyer originally from West Virginia
West Virginia
West Virginia is a state in the Appalachian and Southeastern regions of the United States, bordered by Virginia to the southeast, Kentucky to the southwest, Ohio to the northwest, Pennsylvania to the northeast and Maryland to the east...

.

The firm has over 1,100 lawyers worldwide in 21 offices, with more than 200 attorneys
Lawyer
A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political...

 in each of its two largest offices in San Francisco and New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...

. The firm's day-to-day administrative operations are centralized at a Global Operations Center in Wheeling, West Virginia
Wheeling, West Virginia
Wheeling is a city in Ohio and Marshall counties in the U.S. state of West Virginia; it is the county seat of Ohio County. Wheeling is the principal city of the Wheeling Metropolitan Statistical Area...

.

The firm is particularly known for its securities litigation, public finance
Public finance
Public finance is the revenue and expenditure of public authoritiesThe purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization.-Overview:The proper role of government provides a...

, tax
Tax
To tax is to impose a financial charge or other levy upon a taxpayer by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many subnational entities...

, energy regulation, emerging companies
Venture capital financing
Venture capital financing is a type of financing by venture capital: the type of private equity capital is provided as seed funding to early-stage, high-potential, growth companies and more often after the seed funding round as growth funding round in the interest of generating a return through an...

, real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...

, bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

, compensation and benefits, white collar crime, intellectual property
Intellectual property
Intellectual property is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law...

, commercial litigation, and transactional practices.

History

Orrick traces its roots to the year 1863, when the German Savings and Loan Society (which later became part of the First Interstate Bank of California
First Interstate Bancorp
First Interstate Bancorp was a bank holding company based in the United States that was taken over in 1996 by Wells Fargo. Headquartered in Los Angeles, it was the nation's eighth largest banking company....

) was organized, with John R. Jarboe as its general counsel. In 1885, Jarboe, along with colleagues Ralph J. Harrison and W.S. Goodfellow, founded the law firm Jarboe, Harrison & Goodfellow.

Jarboe, Harrison & Goodfellow dissolved in 1891 when Harrison was appointed justice to the California Supreme Court
Supreme Court of California
The Supreme Court of California is the highest state court in California. It is headquartered in San Francisco and regularly holds sessions in Los Angeles and Sacramento. Its decisions are binding on all other California state courts.-Composition:...

. In 1901, Goodfellow formed a new partnership with Charles Eells, creating the firm Goodfellow & Eells. William Horsley Orrick
William Horsley Orrick
William Horsley Orrick may refer to:*William Horsley Orrick, Sr., of Orrick, Herrington & Sutcliffe*William Horsley Orrick, Jr. , United States federal judge...

 joined the firm in 1910, and after Stanley Moore joined the firm in 1914, the firm's name changed to Goodfellow, Eells, Moore & Orrick.

In 1927, Ralph Palmer, Tom Dahlquist, George Herrington, and Mitchell Neff became partners, and Eric Sutcliffe joined in 1932. During the 1930s the firm played a major role in helping to finance the construction of the Golden Gate Bridge
Golden Gate Bridge
The Golden Gate Bridge is a suspension bridge spanning the Golden Gate, the opening of the San Francisco Bay into the Pacific Ocean. As part of both U.S. Route 101 and California State Route 1, the structure links the city of San Francisco, on the northern tip of the San Francisco Peninsula, to...

. It not only helped structure the bridge's financing, but also defended the bonds' validity when challenged by interests opposed to the bridge's construction.

Sutcliffe replaced Orrick as the firm's managing partner in 1947, a position he held for more than 30 years. In 1980, the firm's name was changed to Orrick, Herrington & Sutcliffe.

Orrick is one few California firms to have reached critical mass of over 200 attorneys in New York. Its East Coast ambitions were assisted when it acquired 40 lawyers and their litigation practices from Donovan, Leisure, Newton & Irvine
Donovan, Leisure, Newton & Irvine
Donovan, Leisure, Newton & Irvine was a white-shoe New York law firm. It was founded in 1929 by General William "Wild Bill" Donovan, often called the Father of the CIA. The firm dissolved in 1998. Its notable antitrust cases include a series of lawsuits involving American Cyanamid in the 1960s...

 in 1998, a move that led to the breakup of that firm.

The firm expanded internationally in 2005 at the expense of the now-defunct law firm Coudert Brothers
Coudert Brothers
Coudert Brothers LLP was a New York-based law firm with a strong international outlook that practiced from 1853 until its dissolution in 2006.-History:...

. Orrick doubled its London office with the addition of the Coudert team and opened offices in Moscow, Beijing and Shanghai with Coudert Brothers professionals. Orrick also acquired the Hong Kong office of Coudert Brothers. In 2006, the firm engaged in protracted merger negotiations with legacy Wall Street firm Dewey Ballantine
Dewey Ballantine
Dewey Ballantine LLP was a white shoe corporate law firm headquartered in New York City. In 2007, Dewey Ballantine merged with LeBoeuf, Lamb, Greene & MacRae to form Dewey & LeBoeuf...

. The merger was unsuccessful and Dewey later combined in 2008 with fellow New York firm LeBoeuf, Lamb, Greene & MacRae
LeBoeuf, Lamb, Greene & MacRae
LeBoeuf, Lamb, Greene & MacRae LLP was an international law firm of more than 700 attorneys headquartered in New York City.Founded in 1929, LeBoeuf had practices in most areas and was well known for its representation of government regulated companies, particularly in the insurance and energy...

 to form Dewey & LeBoeuf
Dewey & LeBoeuf
Dewey & LeBoeuf LLP is a prominent global white shoe law firm, headquartered in New York City. Originally founded in 1909, the firm currently has over 2400 lawyers spread throughout 26 offices in 15 countries on 4 continents, and is known primarily for its corporate, insurance, litigation, tax and...

. Since 2008, Orrick has expanded through merging with 50-lawyer Düsseldorf-based law firm Hölters & Elsing (Partnerschaft von Rechtsanwälten), which gave the firm offices in Berlin, Düsseldorf and Frankfurt am Main, in one of Europe's largest economies, in which Orrick had lacked a presence. Orrick also recently welcomed a group of project finance
Project finance
Project finance is the long term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of the project sponsors...

 attorneys in its San Francisco office from Thelen LLP and in its Paris office from Curtis, Mallet-Prevost, Colt & Mosle
Curtis, Mallet-Prevost, Colt & Mosle
Curtis, Mallet-Prevost, Colt & Mosle LLP is a New York-based international law firm with 260 attorneys in 15 offices worldwide. In 2009, its declared revenues were approximately $135 million...

. In 2008, the firm admitted almost two dozen partners in its London, New York, San Francisco, Seattle, and Washington, D.C., offices from the San Francisco firm Heller Ehrman
Heller Ehrman
Heller Ehrman LLP was an international law firm of more than 730 attorneys in 15 offices in the United States, Europe, and Asia. Heller Ehrman was founded in San Francisco in 1890 and had additional offices located in most of the major financial centers around the world including New York City, Los...

, including 27 hired after Heller's Sept. 26, 2008, announcement of dissolution.

On Nov. 13, 2008, citing the severity of the global economic downturn, Orrick laid off 40 associates and 35 staffers in various offices, predominately in the United States, and said that because of the economy and the firm's recent capital investments, profits per partner would be down this year. In recent years, Orrick has outperformed other San Francisco-based firms in growth and profitability. The firm's 2008 financial data was reported in January 2009: Gross revenue was reported up 8 percent, half the growth seen the year before, while profits per equity partner fell 21 percent. Citing the economic downturn, Baxter called the numbers "disappointing but not surprising," and said the firm would continue to be growth-oriented.

In March 2009, Orrick laid off an additional 100 attorneys and 200 staff, citing again the recession that began in December 2007 as the reason.

In September 2010, Orrick announced it had entered preliminary merger talks with Akin Gump Strauss Hauer & Feld But just six days later, the two firms announced the talks had been aborted, making the proposed union the latest in a series of failed merger attempts by Orrick, including dalliances with Coudert Brothers, Cooley, Venture Law Group, Swidler Berlin Shereff Friedman, Dewey Ballantine and SJ Berwin.

Recognition and Rankings

  • The American Lawyer
    The American Lawyer
    The American Lawyer is a monthly law magazine published by ALM. It was founded in 1979 by Steven Brill. Features include the annual AmLaw 100 Survey and AmLaw 200 Survey , "The View From the Top", their annual poll of law firm chairpersons, and their "Corporate Scorecard"...

     ranked Orrick seventh in its prestigious 2008 A-List, which measures firms' ability to balance financial success with associate satisfaction, pro bono commitment, and diversity
    Diversity (business)
    The "business case for diversity" stems from the progression of the models of diversity within the workplace since the 1960's. The original model for diversity was situated around affirmative action drawing strength from the law and a need to comply with equal employment opportunity objectives...

    . Firms ranked on the A-List represent the top 10 percent of all law firms in the United States.
  • Vault, Inc. ranked Orrick number 37 in its 2009 list of Top 100 Most Prestigious Firms in the United States. Vault also ranked Orrick fourth in the Northern California region.
  • For 2007, Orrick was ranked #9 on the AveryIndex's Top 25 Prestigious Law Firms to Work For. The ranking takes into account firm prestige as well as associate satisfaction.
  • In 2009, Orrick earned a perfect score in the Human Rights Campaign's Corporate Equality Index. The award recognizes major U.S. businesses for equal treatment of lesbian, gay, bisexual, and transgender employees.

Representative Mandates

  • Acted as legal adviser to Calyon
    Calyon
    Crédit Agricole Corporate and Investment Bank is Crédit Agricole's corporate and investment banking entity. With a staff of 13,000 employees in 58 countries, Crédit Agricole CIB is active in a broad range of capital markets, investment banking and financing activities...

     Bank as lead arranger in a $676 million asset financing of a new fleet of container ship
    Container ship
    Container ships are cargo ships that carry all of their load in truck-size intermodal containers, in a technique called containerization. They form a common means of commercial intermodal freight transport.-History:...

    s for CMA CGM
    CMA CGM
    CMA CGM S.A. is a French container transportation and shipping company, headed by Jacques Saadé. It is the third largest container company in the world, using 200 shipping routes between 400 ports in 150 different countries...

    , the world's third largest shipping fleet by volume.
  • Advised the Kingdom of Morocco in its €1.1 billion disposal of a 16% stake in Maroc Telecom
    Maroc Telecom
    Maroc Telecom is the main telecommunication company in Morocco.IAM employs around 11,178 employees. It has 8 regional delegations with 220 offices present on all the territory of Morocco.IAM is controlled by Vivendi which has a 53% share of its capital...

     to Vivendi
    Vivendi
    Vivendi SA is a French international media conglomerate with activities in music, television and film, publishing, telecommunications, the Internet, and video games. It is headquartered in Paris.- History :...

    .
  • Counseled iVillage
    IVillage
    iVillage, Inc. is a media company that is owned by NBCUniversal. The site focuses on categories targeted at women, including Food, Health, Entertainment, Family, Beauty & Style. Additional businesses and brand extensions within iVillage Networks include iVillage UK, NBC Digital Health Network,...

     in its $600 million sale to NBC Universal
    NBC Universal
    NBCUniversal Media, LLC is a media and entertainment company engaged in the production and marketing of entertainment, news, and information products and services to a global customer base...

    .
  • Successfully defended Union Carbide
    Union Carbide
    Union Carbide Corporation is a wholly owned subsidiary of The Dow Chemical Company. It currently employs more than 2,400 people. Union Carbide primarily produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume...

     in a products liability suit over raw asbestos
    Asbestos
    Asbestos is a set of six naturally occurring silicate minerals used commercially for their desirable physical properties. They all have in common their eponymous, asbestiform habit: long, thin fibrous crystals...

     purchased for use in further manufacturing.
  • Prevailed in a patent
    Patent
    A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of an invention....

     dispute between client Dow AgroSciences
    Dow AgroSciences
    Dow AgroSciences LLC is a wholly owned subsidiary of the Dow Chemical Company specializing in not only agricultural chemicals such as pesticides, but also seeds and biotechnology solutions. The company is based in Indianapolis, Indiana, in the United States...

     and the Monsanto Company over a patent for an important gene in transgenetic corn and cotton.

Pro Bono Work

Orrick attorneys donate their time and resources to numerous pro-bono projects, earning them the 2008 ABA Business Law National Public Service Award. Partering with legal services organizations around the country, including Bet Tzedek, Bay Area Legal Aid, and the Legal Aid Society of Orange County
Legal Aid Society of Orange County
Legal Aid Society of Orange County, of Orange County, California, United States is a 501 nonprofit corporation that was founded in 1958 by the Orange County Bar Association...

, Orrick helps represent numerous low-income clients to increase the accessibility of the Justice system.

Worldwide Offices (with year of establishment)

  • Munich
    Munich
    Munich The city's motto is "" . Before 2006, it was "Weltstadt mit Herz" . Its native name, , is derived from the Old High German Munichen, meaning "by the monks' place". The city's name derives from the monks of the Benedictine order who founded the city; hence the monk depicted on the city's coat...

      (2011) practices as Orrick Hölters & Elsing
  • Berlin
    Berlin
    Berlin is the capital city of Germany and is one of the 16 states of Germany. With a population of 3.45 million people, Berlin is Germany's largest city. It is the second most populous city proper and the seventh most populous urban area in the European Union...

      (2008) practices as Orrick Hölters & Elsing
  • Düsseldorf
    Düsseldorf
    Düsseldorf is the capital city of the German state of North Rhine-Westphalia and centre of the Rhine-Ruhr metropolitan region.Düsseldorf is an important international business and financial centre and renowned for its fashion and trade fairs. Located centrally within the European Megalopolis, the...

      (2008) practices as Orrick Hölters & Elsing
  • Frankfurt (2008) practices as Orrick Hölters & Elsing
  • Paris
    Paris
    Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...

     (2006) practices as Orrick Rambaud Martel
  • Shanghai
    Shanghai
    Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

      (2006)
  • Beijing
    Beijing
    Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

      (2006)
  • Hong Kong
    Hong Kong
    Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

      (2005)
  • Moscow
    Moscow
    Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...

     (2005)
  • Taipei
    Taipei
    Taipei City is the capital of the Republic of China and the central city of the largest metropolitan area of Taiwan. Situated at the northern tip of the island, Taipei is located on the Tamsui River, and is about 25 km southwest of Keelung, its port on the Pacific Ocean...

     (2005)
  • Rome
    Rome
    Rome is the capital of Italy and the country's largest and most populated city and comune, with over 2.7 million residents in . The city is located in the central-western portion of the Italian Peninsula, on the Tiber River within the Lazio region of Italy.Rome's history spans two and a half...

     (2004)
  • Milan
    Milan
    Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...

     (2003)
  • West Virginia
    Wheeling
    -Places in the United States of America:*Wheeling, Illinois*Wheeling, Carroll County, Indiana*Wheeling, Delaware County, Indiana*Wheeling, Gibson County, Indiana*Wheeling, Missouri*Wheeling, West Virginia...

     (2002)
  • Orange County
    Orange County, California
    Orange County is a county in the U.S. state of California. Its county seat is Santa Ana. As of the 2010 census, its population was 3,010,232, up from 2,846,293 at the 2000 census, making it the third most populous county in California, behind Los Angeles County and San Diego County...

     (2002)
  • Portland
    Portland, Oregon
    Portland is a city located in the Pacific Northwest, near the confluence of the Willamette and Columbia rivers in the U.S. state of Oregon. As of the 2010 Census, it had a population of 583,776, making it the 29th most populous city in the United States...

     (1999)
  • Seattle (1999)
  • London
    London
    London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

      (1998)
  • Tokyo
    Tokyo
    , ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...

     (1997)
  • Menlo Park
    Menlo Park, California
    Menlo Park, California is a city at the eastern edge of San Mateo County, in the San Francisco Bay Area of California, in the United States. It is bordered by San Francisco Bay on the north and east; East Palo Alto, Palo Alto, and Stanford to the south; Atherton, North Fair Oaks, and Redwood City...

     (Silicon Valley
    Silicon Valley
    Silicon Valley is a term which refers to the southern part of the San Francisco Bay Area in Northern California in the United States. The region is home to many of the world's largest technology corporations...

    ) (1995)
  • Washington, D.C.
    Washington, D.C.
    Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....

      (1993)
  • Los Angeles
    Los Ángeles
    Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...

     (1985)
  • New York
    New York City
    New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

     (1984)
  • Sacramento
    Sacramento
    Sacramento is the capital of the state of California, in the United States of America.Sacramento may also refer to:- United States :*Sacramento County, California*Sacramento, Kentucky*Sacramento – San Joaquin River Delta...

      (1983)
  • San Francisco (1863)

External links

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