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2019 DIVERSITY DATABASE UNDERWRITER Fried, Frank, Harris, Shriver & Jacobson LLP

At a Glance

Uppers

“Compensation.”

“The work is extremely engaging.”

“The camaraderie with fellow associates and partners.”

Downers

“BigLaw means working a lot of hours.”

“Work does not always seem to be evenly distributed.”

“Pressure.”

About Fried, Frank, Harris, Shriver & Jacobson LLP

Fried, Frank, Harris, Shriver & Jacobson LLP advises many of the world’s leading corporations, investment funds, and financial institutions on their critical legal needs and business opportunities. With approximately 500 lawyers in North America and Europe, the firm excels in corporate, real estate, and tax work.

An Impressive Crew

Fried Frank traces its history to the turn of the 20th century when a group of German-Jewish lawyers began practicing in New York City in the 1890s, a time when most New York firms did not employ Jewish lawyers. In 1929, Walter J. Fried (pronounced “Freed”) joined the firm as an associate who focused on real estate law. Fried practiced with the firm until his retirement in 1979. In the 1950s, Fried was a pioneer in the movement to convert rental apartment buildings into co-ops owned by the residents. In 1943, Hans J. Frank joined the firm as an expert in international taxation. Frank had left Germany when Hitler’s laws forbidding Jews to practice law had been enacted.

Growing from its roots in New York City’s German-Jewish business community, the firm established itself in the nation’s capital, opening a Washington, DC, office in 1949. By 1971, name partners Walter Fried, Hans J. Frank, Sam Harris, Sargent Shriver, and Leslie Jacobson were all on the masthead. The partners had uniformly impressive resumes—with expertise ranging from tax to real estate to securities—and brought a dedication to civic causes. Sam Harris worked for the SEC in its early days and served as a prosecutor of Nazi war criminals in the Nuremburg trials. Sargent Shriver is probably best known for being the driving force behind the founding of the Peace Corps and serving as its first director.

Keeping It Real

While well respected in both litigation and corporate work, Fried Frank today is probably most widely known for its top-notch Real Estate practice. Since 2011, the firm has been ranked No. 1 in Vault’s Real Estate Practice Area ranking, and Fried Frank’s Real Estate department has also been recognized as “Practice Group of the Year” by Law360 every year since it launched in 2012. Among the areas the firm handles are acquisitions and dispositions, leasing, financing, joint ventures, distressed real estate workouts, development, land use, and environmental issues.

The firm’s private equity practice is another notable area. More than 100 of the firm’s attorneys counsel megafund clients and middle-market sponsors on all aspects of private equity transactions, bringing in cross-disciplinary knowledge in antitrust, capital markets, finance, and tax. Fried Frank is also a regular at the M&A table, advising clients across such diverse industries as consumer products, energy, financial services, health care, media, pharmaceuticals, real estate, retail, telecommunications, and technology.

News & Awards

RECENT NEWS

March 2019

The American Lawyer featured Fried Frank in an article on financial strategy, titled “Fried Frank Keeps Up Growth, Doubling Partner Profits Over Five-Year Span.” In the article, Fried Frank’s Chairman David J. Greenwald was interviewed on the firm’s growth during the last year and looks ahead toward 2019.

January 2019

Fried Frank was highlighted in the press on the firm’s updated Paid Family Leave and Paid Parental Leave policies, in The American Lawyer and Law360. The firm announced that as of January 2019, it will provide 10 weeks of paid family leave and 12 weeks of paid parental leave for all attorneys and business services professionals based in the United States, regardless of caregiver status. Under the policy, birth mothers are also entitled to an additional 8 weeks of childbirth-related leave, raising their total leave to 20 weeks. Fried Frank is committed to providing a work environment that encourages a healthy work/life balance and delivers support to all of the firm’s employees when life events require a change in their schedule.

2018-2019

The American Lawyer covered the launch of Fried Frank’s formal wellness program, Living Well, an initiative that addresses mental health, fitness and nutrition, and work/life integration. Additionally, Legal Week highlighted Fried Frank’s efforts to increase awareness through launching a partnership with organizations Mental Health at Work and Be Mindful and its focus on various mental health and well-being initiatives, which were launched in recognition of World Mental Health Day.

May 2019

The American Lawyer featured a Fried Frank litigation team in its “Litigators of the Week” column. For more than two years, Fried Frank litigators have been battling the federal government in three lawsuits on behalf of thousands of U.S. Army soldiers who were trying to become U.S. citizens. On May 22, 2019, the U.S. District Court for the District of Columbia issued a lengthy decision in one of three class action suits, Nio, et. al. v. DHS, granting Fried Frank’s motion for summary judgment and denying the government’s motion. Because of this decision and wins in the other two litigations, more than 1,200 of Fried Frank’s soldier clients have become U.S. citizens in the last two years.

NOTABLE CASES
  • Counsel to Related Companies and Oxford Properties Group on the development and all leasing activities of Manhattan’s largest private development since Rockefeller Center.
  • Counsel to Bain Capital in the formation of its flagship buyout funds in North America (US$9.4b), Europe (€4.35b) and Asia (US$4.65b).
  • Class counsel for thousands of non-citizen soldiers enlisted in the U.S. Army’s MAVNI program and seeking to become naturalized citizens based on their military service. More than 1,000 soldiers have become U.S. citizens.
  • Counsel to Sinclair Broadcast Group in its $10.6b acquisition of the equity interests in 21 regional sports networks and Fox College Sports.
AWARDS
  • Fried Frank’s Private Equity practice was ranked #2 in US Private Equity Exits and #6 in Global Private Equity Exits in Mergermarket’s 2018 Year-End League Tables and #5 in Global M&A in Mergermarket’s Q1 2019 League Tables.
  • 2018 Practice Group of the Year— Asset Management and Real Estate (Law360)
  • For the 11 consecutive years, Fried Frank has earned a perfect score of 100 percent on the 2019 Corporate Equality Index (CEI).
  • 2018 Pro Bono Publico Award (The Legal Aid Society)
  • 2019 Diversity Champion Award (South Asian Bar Associateion, “SABA”)

Why Work Here

Dynamic Practice, Compelling Work

Fried Frank associates play an essential role in the Firm’s delivery of top-notch legal services to its client base, which comprises the world’s largest investment banks and financial institutions, Fortune 500 companies and other multinational industry leaders. Working at a global law firm with offices in the world’s principal financial centers, associates at Fried Frank are continually involved in complex, high-profile matters involving the sophisticated cross-border work for which the Firm is well known.  As vital members of the firm, Fried Frank associates are given a high level of responsibility and immersed in significant matters from their first day, with ample opportunity to interact with clients and work closely with partners.

Fried, Frank, Harris, Shriver & Jacobson LLP

One New York Plaza
New York, NY 10004
Phone: (212) 859-8000

Stats

Chair: David J. Greenwald
Recruiting Chairs: Adam Kaminsky (DC); Mark Hayek & Randi Lally (NY)
Total No. Attorneys 2019:
500 - 750

Base Salary

U.S. Offices
1st year: $190,000
2nd year: $200,000
3rd year: $220,000
4th year: $255,000
5th year: $280,000
6th year: $305,000
7th year: $325,000
8th year: $340,000
9th year: $350,000
Summer associate: $7,916.66/semi-monthly

Summer Program

Summer Associate Offers:
67 out of 68 (2Ls only) (2018)

No. of Summer Associates:
71 total (68 2Ls; 3 1Ls) (2018)

Major Office Locations

New York, NY (HQ)
Washington, DC
Frankfurt
London

Major Departments & Practices

Aerospace & Defense
Antitrust and Competition
Asset Management
Capital Markets
Corporate Real Estate
Derivatives
Executive Compensation & ERISA
Finance
Financial Services
Government Contracts
Intellectual Property & Technology
International Trade & Investment
Litigation
Mergers and Acquisitions
Private Equity
Pro Bono.
Real Estate
Restructuring and Insolvency
Securities Enforcement and Regulation
Tax
Trusts and Estates
*See firm website for complete list of practice areas and industries.