King & Spalding
Headquarters | Symphony Tower Atlanta, Georgia, US |
---|---|
No. of offices | 23 |
Offices | North America, Europe, Middle East, Asia |
No. of attorneys | 1,300+[1] |
Major practice areas | Corporate law, financing transactions, government investigations and white collar crime, litigation, mergers and acquisitions, regulatory law |
Key people | Robert D. Hays[2][3][4] (Chairman) |
Revenue | $1.83 billion USD (2022) |
Date founded | 1885[5][6] |
Company type | LLP |
Website | K&S Law |
King & Spalding LLP is an American multinational corporate law firm that is headquartered in Atlanta, Georgia, with offices located in North America, Europe, the Middle East, and Asia.[7] It has over 1,300 lawyers in 23 offices globally.[8] It is Am Law 100,[9] Global 30, and white-shoe firm.[10][11]
About
[edit]King & Spalding, also known as "K&S",[12] was founded on January 1, 1885 by Alexander C. King and Jack Spalding in Atlanta, Georgia[12] Atlanta remains the global headquarters of the firm.
The firm has additional offices in Austin, Charlotte, Chicago, Denver, Houston, Los Angeles, Miami, New York, Northern Virginia, San Francisco, Silicon Valley, and Washington, D.C.. K&S also has a London-based international arm, King & Spalding International LLP, which opened in 2003, and maintains offices or affiliates in Abu Dhabi, Brussels, Dubai, Frankfurt, Geneva, Paris, Riyadh, Singapore, and Tokyo.[7]
Representative clients
[edit]The firm has represented various, large companies and private equity funds.
The firm "advises Donald Trump's real estate empire", according to one report which also cited the American Civil Liberties Union on the subject.[13] Further, the firm enjoys a rich revolving door of senior government officials who elect to join or rejoin the firm's partnership following premier roles in United States public service; these officials include Sally Yates, Rod Rosenstein, Zachary T. Fardon, and many others.
In 2018 the firm filed a Foreign Agents Registration Act application notifying their work as an advisor to the Saudi Arabian organization King Abdullah City for Atomic and Renewable Energy, which was created by King Abdullah bin Abdulaziz Al Saud to pursue a nuclear program.[14] It received $705,171.21 for this advice.[15]
Rankings
[edit]In 2023, The American Lawyer named King & Spalding Law Firm of the Year.[16]
On the "Vault Law 100" list of the most prestigious law firms in the United States, King & Spalding was ranked #39 for 2024, moving up from #43 in 2019.[17]
For 2024, King & Spalding was the 22nd largest law firm by revenue in the world, #22 in the Global 200 firms, and #17 in AmLaw 200 firms.[1]
In February 2020, King & Spalding was named to the WTR1000 list by World Trademark Review.[18][19]
Partners
[edit]In 1913, E. Marvin Underwood became Assistant Attorney General of the United States. In 1918, the presidential administration of King's & Spalding's former Atlanta law colleague Woodrow Wilson appointed founder Alexander Campbell King as the Solicitor General of the United States. King & Spalding's senior partners include former United States Attorney General Griffin Bell (now deceased). Georgia's former US Senator and director of The Coca-Cola Company Sam Nunn (now retired), former Indiana U.S. Senator and then Director of National Intelligence in the first Trump Administration Dan Coats, former Florida US Senator Connie Mack, and former Georgia governor George Busbee (now deceased) also joined the firm after their respective retirements from public office. From 1981 to 1984, retired partner Bob Woodward served in the Office of Tax Legislative Counsel of the U.S. Treasury Department, holding the positions of Tax Legislative Counsel in 1983-1984 and Associate Tax Legislative Counsel in 1982–1983. Chilton Varner was appointed to the Federal Civil Rules Advisory Committee by Chief Justice William Rehnquist in 2004 and reappointed by Chief Justice John Roberts in 2007.
King & Spalding maintains a prominent White Collar Defense (called "Special Matters and Government Investigations") team founded by former United States Attorney General Griffin Bell, that includes many prominent former prosecutors.[20] The Special Matters team focuses exclusively on white-collar defense, civil and regulatory investigations, corporate internal investigations, and investigations before the United States Congress.[1] Current Director of the Federal Bureau of Investigation, Christopher A. Wray, joined the firm in late 2005 before being appointed by President Donald J. Trump in 2017.[21] Zachary Fardon, who was previously an associate from 1992 to 1996 and rejoined the Chicago office as a partner in 2017, served as U.S. Attorney for the Northern District of Illinois from 2013 to 2017.[22] In 2018, former United States Deputy Attorney General and Acting Attorney General Sally Yates rejoined the firm's Special Matters and Government practice group as a partner.[23] Former United States Deputy Attorney General Rod J. Rosenstein joined the firm's D.C. Office as a partner in 2020.[24]
The firm's current chairman Robert D. Hays has held the position since 2005.[25] Former Atlanta M&A partner Mike Egan, who previously served as counsel to the Atlanta Falcons, was hired by Arthur Blank to be General Counsel of AMB Group LLC.[26] In May 2017, Jim Woolery joined the firm's Corporate, Finance & Investments practice group from hedge fund Hudson Executive Capital.[27] Woolery was soon thereafter joined in the firm's New York City office by infrastructure M&A dealmaker Jonathan Melmed in August 2018.[28]
Randy Mastro, who led the litigation practice at Gibson, Dunn & Crutcher for more than 20 years and represented clients including AIG, Chevron, DraftKings and former Governor of New Jersey Chris Christie, joined the firm as partner in August 2022.[29]
Transactions and cases
[edit]Originally focused on Southern U.S. railroad and utility consolidation transactions in the 19th and early 20th centuries, King & Spalding's international mergers and acquisitions practice has more recently advised on corporate transactions. Atlanta M&A partner W. Calvin "Cal" Smith, who recruited Woolery to the M&A practice,[27] has acted for clients such as Popeyes Louisiana Kitchen in its $1.8 billion sale to Restaurant Brands International and Energizer in its $2 billion acquisition of the Rayovac and VARTA battery brands from Spectrum Brands.
The firm provided Guantanamo Bay attorneys for six Yemeni detainees, including Mohammed Al-Adahi.[30][31] The firm was appointed as independent counsel to the Special Court for Sierra Leone, following allegations of war crimes against the country's former president, and undertook litigation and research assistance for the prosecutor's office in the U.N.-assisted Khmer Rouge Tribunal.
Impact on the City of Atlanta and the State of Georgia
[edit]The firm played a pivotal role in the creation of the largest bank holding company in Georgia, The Trust Company of Georgia (now known as SunTrust Banks), as the firm's first M&A lawyers, including Hughes Spalding, advised early predecessors of The Trust Company of Georgia in transformative corporate reorganizations and combinations with other regional banking institutions, including the separation of Trust Company of Georgia from Atlanta National Bank and Lowry National Bank shortly following revisions to the law under the 1933 Banking Act and the merger of Trust Company of Georgia with Sun Banks in 1985. The combined bank later merged with Third National in Tennessee, Crestar in Virginia, and National Commerce Bank in Memphis, Tennessee and North Carolina.[citation needed]
In 1995, King & Spalding lawyers, led by partner Horace Sibley, advised the Atlanta Committee for the Olympic Games, which staged the 1996 Olympics in Atlanta.[32] King & Spalding personnel in Atlanta raised more than $930,000 in support of United Way in 2018. In the 1800s, the King & Spalding firm incorporated and filed the charter documents of the Piedmont Driving Club. In 2006, former K&S partner Joseph Bankoff was unanimously appointed Chief Executive Officer of Atlanta's Woodruff Arts Center.[33] A team of partners from the firm's Corporate, Finance & Investments team put together documentation to construct, brand, market and operate the Mercedes-Benz Stadium.[34] The same King & Spalding team represented the City of Atlanta in its winning bid to host Super Bowl LIII in 2019.[35] In 2014, Atlanta M&A partner Mike Egan advised Arthur Blank in the expansion of the Atlanta United FC. In 2015, Atlanta M&A partner Rahul Patel advised certain investors in the Atlanta Hawks NBA basketball franchise in a recapitalization transaction involving Grant Hill, Sarah Blakely and Jesse Itzler. In 2005, Egan and Atlanta M&A partner Ray Baltz represented Atlanta Spirit LLC in its acquisition of the Atlanta Hawks, Atlanta Thrashers and the operating rights to Philips Arena in a transaction valued at $241 million.[36] Corporate lawyers from King & Spalding have also represented the investors and the management team of the BB&T Atlanta Open, an ATP World Tour 250 tennis championship held annually in Midtown Atlanta. The firm maintains close ties to the University of Georgia School of Law, which is home to the Alexander Campbell King Law Library; former K&S partner Mike Raeber serves as the University's general counsel,[37] and several of its law professors were former King & Spalding associates.
Defense of the Defense of Marriage Act
[edit]In April 2011, the firm signed a $500,000 contract with the Republican-controlled United States House of Representatives to take on the case of defending the Defense of Marriage Act, which defines marriage in federal law as the union between one man and one woman, in court for the House, with partner (and former Solicitor General) Paul Clement[38] as its lead attorney.[39] After the contract was signed, the gay rights group Human Rights Campaign announced it would launch a publicity war to "shame" the firm and planned protest, ads in legal publications, and to try to influence students and potential clients dealings with the firm.[38] Soon after signing, the firm asked to withdraw from the case after facing criticism from gay rights groups, citing an "inadequate" vetting process.[40] Clement immediately resigned from the firm, writing in a letter to King & Spalding Chairman Robert Hays, "I resign out of the firmly-held belief that a representation should not be abandoned because the client's legal position is extremely unpopular in certain quarters. Defending unpopular decisions is what lawyers do...Efforts to delegitimize any representation for one side of a legal controversy are a profound threat to the rule of law."[41] He added, "If there were problems with the firm's vetting process, we should fix the vetting process, not drop the representation."[41] Clement immediately joined Bancroft PLLC, which took the case.[42] The National Law Journal wrote that the event "leaves unanswered a myriad of questions about the status of Clement's other cases and clients, and the future of King & Spalding's D.C. appellate practice, which was built around Clement."[40]
The firm was criticized by those in the legal community on both sides of the same-sex marriage issue for the decision; Attorney General of the United States Eric Holder compared the situation to the criticism of lawyers tasked with defending Guantanamo Bay detainees, saying, "It was something we dealt with here in the Department of Justice...The people who criticized our people here at the Justice Department were wrong then as are people who criticized Paul Clement for the representation that he's going to continue."[43] Former Attorney General Michael Mukasey said, "Although lawyers are not obligated in the first instance to take all comers, they are very much obligated not to quit in the face of criticism once they do take on a client. This is a bad message to send to lawyers and to clients."[43] The decision shocked those lawyers involved in Supreme Court cases.[40] Speaker of the House John Boehner issued a statement condemning the firm's "careless disregard for its responsibilities to the House in this constitutional matter."[44] Theodore Olson, Clement's predecessor as Solicitor General and a same-sex marriage supporter, said, "I don't know of anything comparable to this. You have to be willing to stand your ground."[38]
Talking Points Memo reported that Coca-Cola "directly intervened to press the firm to extricate itself from the case."[45]
After King & Spalding dropped the case, Attorney General of Virginia Ken Cuccinelli terminated his office's relationship with the firm, writing in a letter to the firm that their "willingness to drop a client, the U.S. House of Representatives, in connection with the lawsuit challenging the Defense of Marriage Act (DOMA) was such an obsequious act of weakness that I feel compelled to end your legal association with Virginia so that there is no chance that one of my legal clients will be put in the embarrassing and difficult situation like the client you walked away from, the House of Representatives."[46] The National Rifle Association of America soon did the same.[47]
Participation in Trump administration election lawsuits
[edit]In the immediate aftermath of the 2020 presidential election, King & Spalding was criticized for choosing to represent the Trump campaign in a lawsuit in North Carolina seeking to block the state from implementing a rule allowing an extension for the receipt of mail-in ballots.[48] Protesters gathered outside the firm's D.C. office on November 13.[48][49] Protesters including Eliza Orlins, a public defender and candidate for Manhattan district attorney, and others characterized the election lawsuits by King & Spalding, Jones Day, Porter Wright Morris & Arthur LLP, and other law firms as frivolous, highly unlikely to overturn the election result, and damaging to the integrity of American democracy.[48] As it turned out, Trump won North Carolina, making further proceedings by King & Spalding on his behalf in the state moot.
See also
[edit]References
[edit]- ^ a b "Law Firms | ALM's premiere rankings". law.com. ALM Global, LLC. Retrieved 26 February 2024.
- ^ "King & Spalding launches Northern Virginia office to better serve regional clients". www.globallegalpost.com. Retrieved 2020-07-10.
- ^ "International Comparative Legal Guides". International Comparative Legal Guides International Business Reports. Retrieved 2020-07-10.
- ^ February 07, Meredith Hobbs |; PM, 2020 at 02:25. "Partner Profits Hit $3M at King & Spalding After Decade of Growth". Daily Report. Retrieved 2020-07-10.
{{cite web}}
: CS1 maint: numeric names: authors list (link) - ^ "Atlanta's Top 50 Law Firms". www.bizjournals.com. Retrieved 2020-07-10.
- ^ "The Rise of King & Spalding - Leaders League". www.leadersleague.com. Retrieved 2020-07-10.
- ^ a b "Offices". kslaw.com. Retrieved 2019-02-19.
- ^ "Former Sacramento-based U.S. Attorney McGregor Scott enters into private practice". Sacramento Business Journal. June 18, 2021.
- ^ ALM, staff (April 21, 2020). "The 2020 Am Law 100: Ranked by Gross Revenue". The American Lawyer. ALM Media Properties, LLC. Retrieved 3 August 2020.
- ^ Auchterlonie, Tom (February 1, 2023). "King & Spalding alum returns to the firm's private funds practice". Private Funds CFO. Private Equity International. Archived from the original on 23 March 2023. Retrieved 3 April 2024.
- ^ Hobbs, Meredith (April 7, 2008). "Daily Report Dozen: King & Spalding". Daily Report. ALM Global, LLC. Archived from the original on 3 April 2024. Retrieved 3 April 2024.
- ^ a b "King & Spalding, a world class international law firm". kslaw.com. King & Spalding, LLP. Retrieved 11 March 2020.
- ^ Thrush, Glenn, and Julie Hirschfeld Davis, "Trump Picks Christopher Wray to Be F.B.I. Director", New York Times, June 7, 2017. Retrieved 2017-06-07.
- ^ https://efile.fara.gov/docs/6501-Exhibit-AB-20180221-2.pdf [bare URL PDF]
- ^ https://efile.fara.gov/docs/6501-Supplemental-Statement-20190730-3.pdf [bare URL PDF]
- ^ ALM, Staff (November 16, 2023). "The American Lawyer Names Attorney of the Year, Law Firm of the Year and More". The American Lawyer. ALM Global, LLC. Retrieved 26 February 2024.
- ^ "Top Law Firm Rankings: Vault Law 100". vault.com. Retrieved 2024-02-26.
- ^ "United States: New York Top TM Professionals | World Trademark Review". worldtrademarkreview.com. Retrieved 2020-03-18.
- ^ "World Trademark Review Names King & Spalding to its WTR 1000 List". kslaw.com. Retrieved 2020-03-18.[permanent dead link ]
- ^ "Special Matters and Government Investigations". kslaw.com. Retrieved 2019-02-19.
- ^ Cleary, Tom, "Christopher Wray: 5 Fast Facts You Need to Know", Heavy.com, June 7, 2017.
- ^ "King & Spalding Opens Office in Chicago With Former US Attorney - Leaders League". leadersleague.com. Retrieved 2018-08-14.
- ^ "Sally Yates returns to Atlanta-based law firm to focus on investigations". Washington Post. Retrieved 2018-08-14.
- ^ "Former U.S. Deputy Attorney General Rod Rosenstein Joins King & Spalding as a Partner in Washington, D.C." kslaw.com. Archived from the original on 2024-06-26. Retrieved 2020-01-09.
- ^ Press Release (September 8, 2014). "Robert D. Hays, Jr. Re-Elected Chairman of King & Spalding". King & Spalding website. Retrieved July 8, 2017.
- ^ "Falcons hire King & Spalding lawyer as general counsel". ajc. Retrieved 2018-08-14.
- ^ a b "James C. Woolery, Veteran Deal Maker, Joins King & Spalding". The New York Times. May 2017. Retrieved 2018-08-14.
- ^ "King & Spalding Takes Private Equity Group From MoFo | New York Law Journal". New York Law Journal. Retrieved 2018-08-14.
- ^ "Randy Mastro, lawyer for Chevron and Chris Christie, joins King & Spalding". Reuters. August 17, 2022.
- ^ Meredith Hobbs (July 20, 2010). "D.C. Circuit Rules Against Guantanamo Detainee". Law.com. Retrieved 2011-04-30.
- ^ "Pro Bono Matters". King & Spalding. 2011. Archived from the original on 2011-04-30. Retrieved 2011-04-30.
- ^ "How Atlanta Became the Host City for the 1996 Olympic Games: Part 1, Capturing the USOC Nomination". The Sports Historian. 2016-08-19. Retrieved 2018-08-14.
- ^ "King & Spalding lawyer named Woodruff Arts Center CEO | Law.com". Law.com. Retrieved 2018-08-14.
- ^ "Completion of the Mercedes-Benz Stadium to Enhance Atlanta's Role As a Sports Mecca - Global Atlanta". Global Atlanta. 2016-10-25. Retrieved 2018-08-14.
- ^ "King & Spalding Helps Atlanta Score Super Bowl | Daily Report". Daily Report. Retrieved 2018-08-14.
- ^ "The man behind Hawks deal". bizjournals.com. Retrieved 2018-08-14.
- ^ "Michael M. Raeber named executive director of legal affairs at UGA - UGA Today". UGA Today. 2013-12-18. Retrieved 2018-10-31.
- ^ a b c Law firm quits marriage act case, a win for gay-rights groups
- ^ Lochhead, Carolyn (April 19, 2011). "GOP's big push to protect Defense of Marriage Act". SF Gate. Retrieved 20 April 2011.
- ^ a b c David Ingram, Tony Mauro (April 25, 2011). "Clement departs King & Spalding after DOMA withdrawal". The National Law Journal. Retrieved April 26, 2011.
- ^ a b Paul Clement resignation letter
- ^ GOP pushes on with marriage act defense after law firm backs out
- ^ a b Former and current AGs agree: King and Spalding messed up
- ^ King & Spalding Drops DOMA Case
- ^ Behind A Major Law Firm's Decision To Ditch Its Defense Of DOMA
- ^ Virginia AG cancels King & Spalding work for state after "obsequious act of weakness" in DOMA case Archived May 22, 2011, at the Wayback Machine
- ^ Nathan Koppel (May 2, 2011). "King & Spalding Loses Another Client Over DOMA Decision". The Wall Street Journal. Archived from the original on September 30, 2020. Retrieved 8 August 2023.(subscription required)
- ^ a b c Runyeon, Frank G.; Arciga, Julia (13 November 2020). "Anti-Trump Protesters Target Jones Day, King & Spalding - Law360". Law360. Retrieved 14 November 2020.
- ^ "Photos: Demonstrators Target Jones Day, King & Spalding Over Election Litigation". Law.com. 13 November 2020. Retrieved 14 November 2020.