2020 Vault Rankings
About Richards, Layton & Finger, PA
Richards, Layton & Finger, Delaware’s largest law firm and one of its oldest, has been committed from its founding to helping sophisticated clients navigate complex issues and the intricacies of Delaware law. The firm advises Fortune 500 companies, global law firms, financial institutions, hedge funds, venture capital firms, local businesses, and prominent individuals on Delaware law issues.
Diversity in Delaware
Richards Layton dates back to 1899, when 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 a law degree by “reading” for law under Richards. Next was Caleb Layton, whose arrival as partner in 1929 gave the firm its current name. As it grew, Richards, Layton & Finger set several diversity precedents in Delaware. In 2016, it became the first major Delaware law firm with an executive leadership team comprising a female majority and the first to appoint an African American partner.
Richards Layton is home to the largest corporate practice in the state, with a transactional team that handles M&A mega-deals governed by Delaware law and a litigation team that has been involved in many of the landmark cases defining the state’s influential corporate laws. Richards Layton has litigated many textbook case law staples, including The Walt Disney Company Derivative Litigation, Lyondell Chemical Co. v. Ryan, and Unocal Corp. v. Mesa Petroleum Co., and continues to be a go-to firm for complex, high-stakes corporate litigation. But the firm’s influence extends far beyond the corporate realm. Richards Layton also houses the state’s largest alternative entities practice, working hand-in-hand with BigLaw teams to structure sophisticated LPs and LLCs for a wide range of high-profile clients.
Richards Layton attorneys have also played key roles in drafting and amending many of the state’s influential business statutes, including the Delaware General Corporation Law, the Delaware Limited Partnership Act, the Delaware Limited Liability Company Act, and the Delaware Statutory Trust Act.
Tailored Pro Bono
Richards Layton is clearly dedicated to pro bono. The firm takes part in countless initiatives through five different specialized pro bono teams: Non-Profit Team, Office of the Child Advocate Team, Protection from Abuse Team, Federal Civil Panel Team, and the Wills Team. In addition, firmwide initiatives including working revitalize distressed communities in Wilmington, Delaware, “Championing for Children,” and working in the local community with groups such as Big Brothers & Big Sisters and various days of service. The firm’s long list of pro bono achievements and awards provides testament to the vast array of work the firm does for its community and beyond.
One Rodney Square
920 North King Street
Wilmington, DE 19801
Phone: (302) 651-7700
President: Doneene K. Damon
Hiring Partner: Matthew S. Criscimagna until July 1, 2020 (Michael D. Allen as of July 1, 2020)
Total No. Attorneys 2020:
150 - 250
1st year: $175,000
Summer associate: $3,365/week
Summer Associate Offers:
16 out of 16 (2Ls) (2019)
No. of Summer Associates:
16 total (All 2Ls) (2019)
Bankruptcy & Corporate Restructuring
Business Trust and Agency Services
Corporate Advisory and Governance
Labor and Employment
Limited Liability Company and Partnership Advisory
Trusts and Estates
*See firm website for complete list of practice areas and industries.