Richards Layton & Finger, PA

The largest firm in Delaware and one of the oldest, Wilmington firm Richards, Layton Finger guides professional sports teams, investment bankers, financial institutions, insurance companies, chemical manufacturers, government agencies, game developers, hedge funds and public, retail and telecommunications companies through all manner of legal matters. The firm is home to the largest corporate practice in the state and has a special focus on bankruptcy and corporate restructurings.   

Wilmington Origins

The firm's origins date back to the very end of the nineteenth century. In 1899, Robert H. Richards moved to Wilmington to begin his law practice. He was soon joined by Aaron Finger, who enviably managed to escape the gruel of law school, and became a partner sans college or law degree by "reading" for law under Richards. Next to come was Caleb Layton, whose arrival as partner in 1929 gave the firm its current name of Richards, Layton Finger. As it grew, Richards, Layton Finger also set several diversity precedents for Delaware firms, being the first major firm in the state to hire a Jewish attorney and to have women and African-American partners.

Today, Richards, Layton Finger has grown to become the largest law firm in the state of Delaware. Richards, Layton Finger has been acclaimed by prestigious publications Benchmark Litigation, Chambers and Legal 500 and its lawyers have been included in World's Leading Patent Practitioners 2013 and International Who's Who lists in areas of M&A, Commercial, Litigation and Real Estate.  

Bankruptcy Batters

Richards, Layton Finger's corporate and bankruptcy team has been described by Chambers as "cream of the crop" and for good reason; the firm is both prolific and successful in restructuring cases. Richards, Layton Finger has served as debtor's counsel in more than 100 Chapter 11 bankruptcy filings in Delaware and The Deal named it one of the most active debtor's counsel in 2008 bankruptcy filings.

The firm often teams up with BigLaw firms in large, high-profile bankruptcy cases. In 2013, Richards, Layton Finger, along with BigLaw mainstay Simpson Thacher, served as counsel to the special committee of Clearwire. The firm advised Clearwire in navigating its proposed partial asset acquisition by DISH Network Corporation in the wake of its prior agreement to a stake acquisition by Sprint. Richards, Layton Finger was also debtor counsel to lithium-ion battery manufacturer A123 with Latham & Watkins LLP in its restructuring case. The firm advised A123 to sell $256.6 million of its assets to Wanxiang America Corp. and $2.25 million of its government business to Navitas Systems.   

Summer Associate Rotations and Mentoring

Richards, Layton Finger's summer associate program is noteworthy for the heavy level of experience and mentoring it offers. Before joining the program, summer associates are asked to rank practice areas in order of preference, and, upon joining, follow a rotation system designed to promote exposure to different legal areas. Summer associates are assigned one area to start in, and then halfway through the summer, change to another area in which they work until the end of the program.

Extensive mentoring is also part of the program. Summer associates receive not one mentor but two: both a director and an associate, who are in charge of providing them with general guidance, managing their assignments, and answering their questions. As if that weren't enough, summer associates are also given junior associate "buddies" during an informal orientation. Summer associates are given opportunities and workload on par with full-time associates, attending client meetings, transactional closings, hearings, trials and depositions, and receive formal evaluations twice over the course of the summer: halfway through the program and at its end.

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Richards Layton & Finger, PA


One Rodney Square
920 N. King St.
Wilmington, DE 19801
Phone: (302) 651-7700
Fax: (302) 658-6548
www.rlf.com

STATS


  • Employer Type: Private
  • President: Robert J. Krapf
  • Total No. Attorneys 2014: 130

  • Employment Contact

    Joni Peet
    Manager of Legal Recruitment
    Phone: (302) 651-7778
    Email: peet@rlf.com


  • Base Salary

    1st year: $145,000
    Summer associate: $2,800/week 


  • Major Departments & Practices

    Administrative Law
    Alternative Dispute Resolution
    Banking
    Bankruptcy & Corporate Restructuring
    Business Trust and Agency Services
    Chancery/Corporate Litigation
    Commercial Transactions
    Corporate Advisory and Governance
    Energy
    Environmental
    Fiduciary Litigation
    General Litigation
    Health Care
    Insurance
    Intellectual Property
    Labor and Employment
    Limited Liability Company and Partnership Advisory
    Media and First Amendment
    Real Estate
    Special Committees
    Tax
    Trusts and Estates

Major Office Locations

  • Wilmington, DE

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