2020 Vault Rankings
At a Glance
“Working collaboratively with talented attorneys.”
“Complexity of work.”
“Lack of transparency.”
About Baker & Hostetler LLP
A Cleveland native with a largely domestic focus, BakerHostetler is home to nearly 1,000 lawyers across 14 offices throughout the U.S. The firm maintains the requisite laundry list of BigCorp clients, as well as a small yet respectable lobbying practice.
A Little Investment
Baker & Hostetler LLP, founded a hundred years ago in 1916 on the strength of a $1,500 investment by three lawyers, has developed into a Cleveland staple. The firm has long been active in the political world, with namesake Newton Baker serving as Woodrow Wilson’s Secretary of War during World War I. A few years later, Baker attorneys represented private utility companies in their nearly 20-year fight against New Deal legislation that authorized the creation of massive public power projects. Baker lawyers later went on to advise a number of key players in the Watergate and Iran-Contra scandals.
With specialties in bankruptcy, employment law, IP, litigation, privacy, and tax, BakerHostetler works across 16 practice areas in a dozen industries and also focuses on emerging issues like blockchain, Internet of Things, new markets tax credit and more. The firm’s client roster includes such heavyweights as IBM, General Electric, Exxon Mobil, Verizon, The New York Times, Caterpillar, Ford Motor Company, Wal-Mart, ABC, Inc., Bayer Corporation, The Progressive Corporation, and Thermo Fisher Scientific Inc.
BakerHostetler is a go-to firm for bankruptcy matters, having represented debtors and creditors and serving as bankruptcy trustee for Hilton Head and RCS Financial. Since 2008, BakerHostetler has acted as both court-appointed SIPA Trustee and counsel for the liquidation of Bernie Madoff’s investment business in the aftermath of Madoff’s infamous Ponzi scheme. The Madoff recovery initiative has recovered nearly 75 percent of the estimated $17.5 billion in principal lost by Madoff’s defrauded customers.
The firm also has a strong privacy and data protection practice. In fact, the firm is among the top 10 in Vault’s Privacy & Data Security ranking. The firm works across six main areas: compliance counseling and risk/security assessment, incident response and preparation, privacy litigation, regulatory compliance and defense, technology and IT contracts, and M&A.
In 2016, BakerHostetler became the first BigLaw firm to adopt ROSS—an “A.I. lawyer that helps lawyers research faster and focus on clients”—specifically for its bankruptcy practice. The tool allows attorneys to pose questions to its AI function, which will return documents, caselaw, and other resources that could be helpful when considering tough legal questions. In an interview with Forbes, then-chairman Steven Kestner claimed that just the Madoff scandal documents total more than 27 terabytes of data—A.I. can help keep that data organized and useful.
News & Awards
The Dane County (Wisconsin) Bar Association recognized four Foley associates for pro bono service. The associates helped develop an expungement clinic and also worked on an eviction defense project.
Of the Am Law 100 law firms, Foley was one of the top five in terms of year-over-year revenue gains in 2019, reporting increased revenue of nearly 22% over 2018.
Foley’s Tampa office received the 2019 Florida Chief Justice’s Law Firm Commendation Pro Bono Service Award. The firm was also nominated by the Volunteer Lawyers Program of the Bay Area Legal Services for contributing more than 1,900 hours to the program and working on more than 140 cases.
Foley’s Dallas office held its 23rd annual MLK Jr. Oratory Competition this year. School children presented original speeches answering a question designed to honor the legacy of Dr. Martin Luther King, Jr.
- Law360 Practice Group of the Year: International Trade and Privacy and Data Protection Teams Named Practice Groups of the Year, 2019
- Chambers and Partners ranked 127 BakerHostetler attorneys and 43 practice areas in the 2019 edition of the Chambers USA Guide: America’s Leading Lawyers for Business.
- Working Mother 2018 and 2019
- 2019 Chambers and Partners Diversity and Inclusion awards: Brian Song for Minority Lawyer of the Year; Michael Sabella for Future Leader – LGBT+ Equality; Lisa Collins, Highly Commended for Outstanding Ally
127 Public Square, Suite 2000
Cleveland, OH 44114
Phone: (216) 621-0200
Chairman: Paul M. Schmidt
Hiring Partner: Ronald S. Okada
Total No. Attorneys 2019:
750 - 1K
1st year: $145,000
Summer associate: $2,788/week Other Offices
1st year: $120,000–$190,000 (varies by office)
Summer Associate Offers:
28 out of 30* (2Ls) (2018) *Number does not include those pursuing clerkships.
No. of Summer Associates:
44 total (33 2Ls; 11 1Ls) (2018)
Cleveland, OH (HQ)
Costa Mesa, CA
Los Angeles, CA
New York, NY
Legislative & Regulatory
*See firm website for complete list of practice areas and industries.