Jones Day is an international law firm based in the United States. It is the largest law firm in the United States and one of the ten largest law firms in the world. Jones Day is recognized as one of the most elite law firms in the world, ranking 1st in the U.S. Law Firm Brand Index 2017.
Jones Day provides significant legal representation for over half of the Fortune 500, including General Motors, Goldman Sachs and Verizon.
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History
Jones Day was founded as Blandin & Rice in 1893 by two partners, Edwin J. Blandin and William Lowe Rice, in Cleveland, Ohio. Frank Ginn joined the firm in 1899, and it changed its name to Blandin, Rice & Ginn. Rice was murdered in August 1910, and in 1912 Thomas H. Hogsett joined the firm as partner. The firm became Blandin, Hogsett & Ginn that year, and Tolles, Hogsett, Ginn & Morley a year later after the retirement of Judge Blandin and the addition of partners Sheldon H. Tolles and John C. Morley. After Morley retired in 1928, the firm adopted the name Tolles, Hogsett & Ginn.
In its early years, the firm was known for representing major industries in the Cleveland area, including Standard Oil and several railroad and utility companies.
In November 1938, then-managing partner Thomas Jones led the merger of Tolles, Hogsett & Ginn with litigation-focused firm Day, Young, Veach & LeFever to create Jones, Day, Cockley & Reavis. The merger was effective January 1, 1939. The firm's Washington, D.C., office was opened in 1946, becoming the firm's first office outside Ohio. In 1967, the firm merged with D.C. firm Pogue & Neal to become Jones, Day, Reavis & Pogue.
International expansion
The international expansion of Jones Day began in 1986 when the firm merged with boutique law firm Surrey & Morse, a firm of 75 attorneys with international offices in New York City, Paris, London, and Washington, D.C. The following years the firm expanded to Hong Kong, Brussels, Tokyo, Taipei, and Frankfurt.
Recent years
As of 2013, Jones Day was the largest American law firm, with more than 2,400 lawyers and 800 partners.
Jones Day partner Don McGahn, who was previously a member of the Federal Election Commission, served as counsel for the 2016 Donald Trump presidential campaign and was later nominated to serve as Trump's White House Counsel. At least 14 Jones Day attorneys have been appointed to work for the Trump administration as of March 2017.
Compensation
Jones Day prides itself on its compensation structure. Unlike many of its peer firms, Jones Day does not pay a year-end or mid-year bonus and instead compensates associates entirely with salary. Salaries are not public and salaries are not determined by class-year. Instead, the firm compensates each associate (after their first year) differently based on the quality of their work and jurisdiction. The firm has long claimed that this "black box" compensation system breeds collegiality and that its associates--even though they are not paid a bonus--generally earn the same as or more than associates at other major firms. However, associates have claimed that they are under-compensated, sometimes by tens of thousands of dollars, compared to their peers at other firms and that their compensation is much lower than what they were promised when they interviewed.
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Notable people
Notable alumni of the firm include:
- Former Supreme Court Justice Antonin Scalia
- U.S. Court of Appeals for the Federal Circuit Judge Timothy Dyk
- U.S. Court of Appeals for the Sixth Circuit Judge Jeffrey Sutton
- Former U.S. Congresswoman Jane Harman
- Erwin Griswold, former United States Solicitor General and Harvard Law School Dean
- Mark McCormack, sports agent and IMG founder
- Marvin Bower, McKinsey & Co. consultant; Bower reportedly based his approach to management consulting--now the dominant model in that profession--on his observations of the practice of law at Jones Day
- Megyn Kelly, former Fox News Anchor of The Kelly File
- L. Welch Pogue, former Chairman of the Civil Aeronautics Board
- James Brokenshire, Northern Ireland Secretary under Prime Minister Theresa May
- White House Counsel Donald McGahn
- United States Solicitor General Noel Francisco
- Chaka Patterson, Fundraiser for Barack Obama and Hillary Clinton, former Chief of the Cook County State's Attorney's Office, Civil Division
References
External links
- Official website
Source of article : Wikipedia
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