Vault Guide to the Top 100 Law Firms, 2018 Edition.pdf

Own it aside from its reluctance to expand

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Own It Aside from its reluctance to expand geographically, Munger Tolles is atypical in that it promotes an “ownership mentality” among its ranks. In adherence to this culture, partners all weigh in on the pay of their fellow partners, and all attorneys may vote on all job candidates, review the firm’s financial books, and participate in all important firm decisions. A highly selective firm in terms of both hiring and its acceptance of cases, Munger Tolles has historically rewarded those who make it through the hiring gauntlet with an accelerated path to partner: the average associate can be considered for partnership within five to seven years at the firm. While the firm keeps its ranks lean, it prides itself on the diversity of talent within its doors—clients who hire Munger Tolles may find themselves with lawyers who hold graduate degrees in history, literature, medicine, economics, or physics. Winning on Pacific Time Proving that the West Coast can be the best coast, Munger Tolles made headlines in 2008 when The American Lawyer placed it atop the magazine’s “A-List.” It was the first time the honor had gone to a firm outside New York, but not the last: Munger Tolles placed #1 on the AmLaw A-List for three consecutive years. Today Munger Tolles operates over a half-dozen practice areas, with growing strength in criminal investigations and defense, as well as appellate work. Niche practices include tax and bankruptcy. The firm counts among its clients some of California’s largest companies (think entertainment, energy, and retail), national corporations, large universities, foreign government agencies and international corporations. IN THE NEWS January 2017 Securing the Fortress Munger Tolles prevailed on behalf of Fortress Investment Group in a bench trial against claims brought by HM Ruby, a life settlement hedge fund seeking more than $200 million in damages alleging breach of fiduciary duty, breach of contract, unfair competition, fraud and other claims. Having already eliminated several of the plaintiffs’ claims on summary judgment, Munger Tolles secured a judgment on all of the plaintiffs’ remaining causes of actions. September 2016 Capital Moves Former Solicitor General Donald B. Verrilli, Jr. and veteran litigator Michael B. DeSanctis joined Munger Tolles to open its Washington, D.C. office—its first office outside of California. As solicitor general from June 2011 to June 2016, Mr. Verrilli argued 37 cases before the U.S. Supreme Court. Among his signature victories were his successful advocacy in defense of the Affordable Care Act, for marriage equality, and in favor of federal preemption authority in the immigration field. August 2016 Adam and Eve Stay in Pasadena Following nearly a decade of litigation, Munger Tolles won summary judgment for the Norton Simon Museum in a lawsuit involving the ownership of ‘Adam’ and ‘Eve,’’ two works of art painted by Lucas Cranach the Elder in the 16th Century and eventually purchased by Norton Simon in 1971. The firm
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  • Fall '16
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