2021 Vault Rankings
- Firm Culture#18
At a Glance
“The culture and working with incredibly talented lawyers who are great mentors.”
“Substantive work is top notch.”
“Overall lack of transparency from management, especially regarding salary and partnership.”
“Behind the market on comp.”
BakerHostetler is home to nearly 1,000 lawyers across 16 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
BakerHostetler, founded in 1916 on the strength of a $1,500 investment by three lawyers in Cleveland. The firm has long been active in the political world, with namesake Newton Baker serving as a 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. Today, the firm has grown beyond its roots, with 13 offices outside of Ohio and lawyers coast to coast.
From Asset Recovery to Data
With specialties in bankruptcy, digital assets and data management, labor and employment law, intellectual property, litigation, 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 AT&T, Amazon, Cardinal Health, The E.W. Scripps Company, Major League Baseball, Marriott Hotels, Toyota Motor Company, Microsoft, Caterpillar and PhRMA.
BakerHostetler is a go-to firm for bankruptcy matters, having gained international recognition for its role as the court-appointed counsel to the Trustee in the Securities Investor Protection Act (SIPA) liquidation stemming from Bernie Madoff’s Ponzi scheme. With over 1000 lawsuits filed and litigation in more than a dozen countries around the world, the firm has recovered more than $14.35 billion for the victims to date, and these unprecedented recovery efforts continue.
The firm also has a strong privacy and data protection practice. Ranked by Vault as a top 10 Best Law Firm for Privacy & Data Security, the firm’s Digital Assets & Data Management team has handled the responses to many of the largest data security incidents over the past decade and the novel litigation and regulatory work that follows.
The firm has a home-grown innovation team created to develop solutions to help clients navigate the intersection of technology and the law. 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.
Due to historic investments in technology over the past decade, BakerHostetler was able to react quickly and moved to 100% remote work where we were able to continue recruiting virtually. By leveraging video and other technologies, candidates connect with leadership across the firm and locally. We successfully launched and continue to grow new offices in San Francisco and Dallas despite the limitations on travel and in-person meetings. During the pandemic, we have successfully onboarded new associates and partners across the country.
News & Awards
The U.S. Supreme Court denied certiorari on the crucial issue of extraterritoriality, allowing the BakerHostetler team representing the SIPA Trustee to recover funds stolen through Bernie Madoff’s Ponzi scheme and subsequently transferred overseas. This means an estimated $3.2 billion could be recovered, adding to the unprecedented recovery of more than $14 billion already recovered and redistributed to Madoff’s victims.
Represented the Official Committee of Tort Claimants in the bankruptcy of Pacific Gas and Electric Company and PG&E Corporation, the sixth largest bankruptcy in the U.S. The Committee fought to recover as much as possible for fire victims and ultimately procured a $13.5 billion agreement that was paid within 18 months of the bankruptcy filing.
As part of the firm’s Strategic Plan announced in December 2019, the firm hired a new Director of Inclusion & Diversity and established a Diversity Council to oversee its existing Diversity and Women’s Committees and lead firmwide affinity groups organized by race, gender, sexual orientation and gender identity, military and disability status. The firm supports social justice causes in its pro bono program. In August, following the Supreme Court’s Bostock decision, the firm served as co-counsel with Human Rights Campaign to obtain a preliminary injunction to preclude enforcement of recent federal regulations that rolled back anti-discrimination protections for transgender and other LGBTQ+ individuals seeking healthcare.
The Digital Assets and Data Management Group was expanded from our international known cybersecurity practice to address the full range of issues associated with data and technology, including digital innovation, e-commerce, fintech, cybersecurity, consumer privacy, transactions, governance, risk management and more. Six teams and more than 100 attorneys counsel clients on the intersection of digital business, emerging technologies and the law. The DADM Group handled more than one-third of all U.S. Data breaches reported in 2019, including a privacy class action against Marriott that is the largest breach ever involving passports.
- In June, 2020, the U.S. Supreme Court denied certiorari leaving intact a Second Circuit ruling empowering the SIPA Trustee to recover $3.2 billion in funds stolen by Madoff and subsequently transferred overseas.
- Represented longstanding client, E.W. Scripps Co., in its acquisition of eight TV stations from Nexstar Media Group for $580 million.
- Obtained unanimous International Trade Commission ruling terminating duties on Canadian newsprint, rescuing the US newspaper industry from an accelerated demise.
- Served as court-appointed Examiner to investigate and recover assets stemming from an international diamond scheme involving the Punjab National Bank – the largest bank fraud in India’s history.
- Represented Castex Energy Partners and related entities more than $74 million in damages based on a counterclaim asserted against Apache Corporation.
- Powerhouse,” 2020–BTI Cybersecurity & Data Privacy
- “Best Law Firms for Women,” 2019, 2019–Working Mother magazine
- The Legal 500, 2020 (31 ranked practice areas, 114 ranked attorneys)
- Chambers USA, 2020, (35 ranked practice areas, 121 recognized attorneys)
- Client Service 30, 2014-20, BTI Consulting
Why Work Here
For more than a century, BakerHostetler has maintained an unwavering dedication to the highest standards of client service. With nearly 1,000 attorneys across 17 offices coast to coast, we provide sophisticated and innovative legal counsel. Leveraging the firm’s strong foundation, we opened offices in Dallas, San Francisco and Wilmington, Del., in 2020 – even amid the COVID-19 crisis.
Washington Square, Suite 1100
1050 Connecticut Avenue, NW
D.C., WA 20036-5304
Chairman: Paul M. Schmidt
Chief Practice Partner: Lauren J. Resnick
Total No. Attorneys 2020:
750 - 1K
No. of Partners Named 2020:
1st year: $190,000
Summer Associate: $3,653 weekly
1st year: $120,000–$190,000
Director of Recruiting
No. of U.S. Offices: 16
No. of International Offices: 0
Cleveland, OH (HQ)
Costa Mesa, CA
Dallas, TX Denver, CO
Los Angeles, CA
New York, NY
San Francisco, CA Seattle, WA
Digital Assets and Data Management
Labor and Employment
*See firm website for complete list of practice areas and industries.