Dewey Ballantine LLP was a corporate law firm headquartered in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. In 2007, Dewey Ballantine merged with LeBoeuf, Lamb, Greene & MacRae to form

Dewey & LeBoeuf Dewey & LeBoeuf LLP was a global law firm headquartered in New York City, United States. Some of the firm's leaders were indicted for fraud for their role in allegedly cooking the company's books to obtain loans while hiding the firm's financial ...

. Dewey Ballantine underwent numerous name changes throughout its history as partners left to serve in government positions or form new firms.

History

Founding

In 1909, three recent

Harvard Law School Harvard Law School (Harvard Law or HLS) is the law school of Harvard University, a private research university in Cambridge, Massachusetts. Founded in 1817, it is the oldest continuously operating law school in the United States. Each c ...

graduates created a law partnership on

Wall Street Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for ...

. The founding partners were Francis W. Bird,

Grenville Clark Grenville Clark (November 5, 1882 – January 13, 1967) was a 20th-century American Wall Street lawyer, co-founder of Root Clark & Bird (later Dewey Ballantine, then Dewey & LeBoeuf), member of the Harvard Corporation, co-author of the book '' ...

, and Elihu Root, Jr., and named the firm Root, Clark & Bird. The firm took advantages of Root's connections through his father,

Elihu Root Elihu Root (; February 15, 1845February 7, 1937) was an American lawyer, Republican politician, and statesman who served as Secretary of State and Secretary of War in the early twentieth century. He also served as United States Senator from ...

, a former

Senator A senate is a deliberative assembly, often the upper house or chamber of a bicameral legislature. The name comes from the ancient Roman Senate (Latin: ''Senatus''), so-called as an assembly of the senior (Latin: ''senex'' meaning "the el ...

and Cabinet member. This gave them entry to high financial circles, establishing a thriving law practice.

Name changes

In 1913, the firm merged with the firm of Buckner & Howland (recently founded by Emory Buckner) to form Root, Clark, Buckner & Howland. In 1919, Arthur A. Ballantine, the

Internal Revenue Service The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory t ...

's first solicitor, joined the firm. He and Emory Buckner ran the firm throughout the 1920s and 1930s. During the

Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...

, the firm flourished by moving away from its traditional focus on

litigation - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil act ...

and to begin focusing on

bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debto ...

and reorganizations, and then by taking advantage of the

New Deal The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. Major federal programs agencies included the Civilian Con ...

to build a thriving

regulatory Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. ...

practice. The firm also built up a

corporate A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and r ...

practice, serving clients such as

AT&T AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile ...

and

Standard Oil Standard Oil Company, Inc., was an American oil production, transportation, refining, and marketing company that operated from 1870 to 1911. At its height, Standard Oil was the largest petroleum company in the world, and its success made its co- ...

. Overall, the firm expanded from 8 to 74 associates and opened a second office in Washington, D.C. Both

Henry Friendly Henry Jacob Friendly (July 3, 1903 – March 11, 1986) was an American lawyer and jurist who served as a circuit judge on the United States Court of Appeals for the Second Circuit from 1959 until his death in 1986. Friendly was one of the most p ...

and

John Marshall Harlan II John Marshall Harlan (May 20, 1899 – December 29, 1971) was an American lawyer and jurist who served as an associate justice of the U.S. Supreme Court from 1955 to 1971. Harlan is usually called John Marshall Harlan II to distinguish him ...

worked at the firm during this period. The firm weathered many name changes from its founding through 1955, as named partners left the firm for periods of time to serve in a number of important government positions. Among them was Emory Buckner, who left to become United States Attorney for the

Southern District of New York The United States District Court for the Southern District of New York (in case citations, S.D.N.Y.) is a federal trial court whose geographic jurisdiction encompasses eight counties of New York State. Two of these are in New York City: New ...

and is often credited with remaking that office into a professional prosecutorial office by declining to appoint Assistants based on party affiliation. Partner

served as

United States Postmaster General The United States Postmaster General (PMG) is the chief executive officer of the United States Postal Service (USPS). The PMG is responsible for managing and directing the day-to-day operations of the agency. The PMG is selected and appointed by ...

. Later generations of partners included

, who left the firm when appointed to serve as a Judge of the Second Circuit Court of Appeals and who later became an Associate Justice of the

United States Supreme Court The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that involve a point o ...

;

Henry J. Friendly Henry Jacob Friendly (July 3, 1903 – March 11, 1986) was an American lawyer and jurist who served as a circuit judge on the United States Court of Appeals for the Second Circuit from 1959 until his death in 1986. Friendly was one of the most p ...

, who left with several partners to form the firm of Cleary, Friendly, Gottlieb & Steen (now

Cleary Gottlieb Steen & Hamilton LLP Cleary Gottlieb Steen & Hamilton LLP (known as Cleary Gottlieb) is an American multinational law firm headquartered at One Liberty Plaza in New York City. Known as a white shoe law firm, Cleary employs over 1,200 lawyers worldwide. History The ...

) and later was appointed to serve on the Second Circuit Court of Appeals. In 1955, Governor

Thomas E. Dewey Thomas Edmund Dewey (March 24, 1902 – March 16, 1971) was an American lawyer, prosecutor, and politician who served as the 47th governor of New York from 1943 to 1954. He was the Republican candidate for president in 1944 and 1948: although ...

joined the firm as a partner after leaving office and the firm, then called Ballantine, Bushby, Palmer & Wood, became Dewey, Ballantine, Bushby, Palmer & Wood. It shortened the name to Dewey Ballantine in 1990 and later adopted the

limited liability partnership A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not ...

form, becoming Dewey Ballantine LLP. In 1961, Dewey invited Richard M. Nixon to move to New York following his loss in the presidential election and join the firm, but Nixon opted to remain in California and run for governor the following year.

Final years

Calyon Building Dewey Ballantine by David Shankbone

On October 25, 2006, the firm announced that it would merge with the

San Francisco San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17t ...

-based,

Orrick, Herrington & Sutcliffe Orrick is an international law firm founded in San Francisco, California. The firm advises on transactions, litigation and regulatory matters for venture-backed companies, public companies, E&I funds, financial institutions and governments. Histo ...

. With over 1,500 attorneys, the combined firm would have been among the 10 largest firms in the United States. Ultimately, however, the two firms were not able to successfully negotiate the merger and it was called off in January 2007. At about that time, Dewey Ballantine had approximately 500 attorneys in 12 offices around the world. On October 1, 2007, Dewey Ballantine merged with LeBoeuf, Lamb, Greene & MacRae to form the combined firm of

Dewey & LeBoeuf LLP Dewey & LeBoeuf LLP was a global law firm headquartered in New York City, United States. Some of the firm's leaders were indicted for fraud for their role in allegedly cooking the company's books to obtain loans while hiding the firm's financia ...

. The combined firm had over 1,400 attorneys in 27 offices around the world. The headquarters for the newly merged Dewey & LeBoeuf was placed in the legacy Dewey Ballantine offices in the

Calyon Building 1301 Avenue of the Americas (also known as the Crédit Agricole CIB Building; formerly the Crédit Lyonnais Building and the J.C. Penney Building) is a 609 ft (186m) tall skyscraper in Manhattan, New York City. It is located on the west si ...

Midtown Manhattan Midtown Manhattan is the central portion of the New York City borough of Manhattan and serves as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Buildi ...

. The successor firm, Dewey & LeBoeuf, collapsed in May 2012 due to debt resulting from a poor partner recruiting and compensation strategy, which led to and was exacerbated by a talent exodus. The Calyon Building offices were featured in the 2007 film ''

Michael Clayton ''Michael Clayton'' is a 2007 American legal thriller film written and directed by Tony Gilroy in his feature directorial debut and starring George Clooney, Tom Wilkinson, Tilda Swinton, and Sydney Pollack. Clooney plays lawyer Michael Clayton, w ...

'' starring

George Clooney George Timothy Clooney (born May 6, 1961) is an American actor and filmmaker. He is the recipient of numerous accolades, including a British Academy Film Award, four Golden Globe Awards, and two Academy Awards, one for his acting and the ot ...

Notable alumni

, noted prosecutor,

Governor of New York The governor of New York is the head of government of the U.S. state of New York. The governor is the head of the executive branch of New York's state government and the commander-in-chief of the state's military forces. The governor h ...

(1943–1954) and twice

Republican Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...

candidate for the

U.S. Presidency The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United ...

(

1944 Events Below, the events of World War II have the "WWII" prefix. January * January 2 – WWII: ** Free French General Jean de Lattre de Tassigny is appointed to command French Army B, part of the Sixth United States Army Group in ...

and

1948 Events January * January 1 ** The General Agreement on Tariffs and Trade (GATT) is inaugurated. ** The Constitution of New Jersey (later subject to amendment) goes into effect. ** The railways of Britain are nationalized, to form British ...

) *

, noted American lawyer and statesman,

United States Secretary of State The United States secretary of state is a member of the executive branch of the federal government of the United States and the head of the U.S. Department of State. The office holder is one of the highest ranking members of the president's Ca ...

United States Secretary of War The secretary of war was a member of the U.S. president's Cabinet, beginning with George Washington's administration. A similar position, called either "Secretary at War" or "Secretary of War", had been appointed to serve the Congress of the ...

U.S. Senator from New York Below is a list of U.S. senators who have represented the State of New York in the United States Senate since 1789. The date of the start of the tenure is either the first day of the legislative term (Senators who were elected regularly before th ...

, U.S. Attorney for the Southern District of New York and recipient of the

Nobel Peace Prize The Nobel Peace Prize is one of the five Nobel Prizes established by the will of Swedish industrialist, inventor and armaments (military weapons and equipment) manufacturer Alfred Nobel, along with the prizes in Chemistry, Physics, Physiolo ...

Pigott, Roger
"Elihu Root: Nobel Peace Prize Recipient and Manhattan Real Estate Pioneer"
''Judicial Notice'' 15:2020, pp. 56-65 * Emory Buckner, U.S. Attorney for the Southern District of New York and one of the architects of the modern

legal culture *

, U.S. Supreme Court Justice *

, Chief Judge,

United States Court of Appeals for the Second Circuit The United States Court of Appeals for the Second Circuit (in case citations, 2d Cir.) is one of the thirteen United States Courts of Appeals. Its territory comprises the states of Connecticut, New York and Vermont. The court has appellate ju ...

and recipient of the

Presidential Medal of Freedom The Presidential Medal of Freedom is the highest civilian award of the United States, along with the Congressional Gold Medal. It is an award bestowed by the president of the United States to recognize people who have made "an especially merit ...

* Joseph A. Califano Jr.,

Secretary of Health, Education, and Welfare The United States secretary of health and human services is the head of the United States Department of Health and Human Services, and serves as the principal advisor to the president of the United States on all health matters. The secretary is ...

general counsel A general counsel, also known as chief counsel or chief legal officer (CLO), is the chief in-house lawyer for a company or a governmental department. In a company, the person holding the position typically reports directly to the CEO, and their ...

of the

United States Army The United States Army (USA) is the land service branch of the United States Armed Forces. It is one of the eight U.S. uniformed services, and is designated as the Army of the United States in the U.S. Constitution.Article II, section 2, ...

and Chairman of the Center on Addiction and Substance Abuse at

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

Herbert Brownell Jr. Herbert Brownell Jr. (February 20, 1904 – May 1, 1996) was an American lawyer and Republican politician. From 1953 to 1957, he served as United States Attorney General in the administration of President Dwight D. Eisenhower. Early life Brown ...

Attorney General of the United States The United States attorney general (AG) is the head of the United States Department of Justice, and is the chief law enforcement officer of the federal government of the United States. The attorney general serves as the principal advisor to the ...

under President Dwight D. Eisenhower *

Richard Owen Sir Richard Owen (20 July 1804 – 18 December 1892) was an English biologist, comparative anatomist and paleontologist. Owen is generally considered to have been an outstanding naturalist with a remarkable gift for interpreting fossils. Ow ...

, U.S. District Court Judge, Southern District of New York *George E. Cleary, Leo Gottlieb and Melvin C. Steen, founding partners of

Cleary Gottlieb Steen & Hamilton Cleary Gottlieb Steen & Hamilton LLP (known as Cleary Gottlieb) is an American multinational law firm headquartered at One Liberty Plaza in New York City. Known as a white shoe law firm, Cleary employs over 1,200 lawyers worldwide. History The ...

*Marshall Skadden, Leslie Arps and

John Slate John Hampton Slate (1913 – September 19, 1967) was an American aviation lawyer and founding partner of Skadden Arps Slate Meagher & Flom. Biography Slate was born in Wind Gap, Pennsylvania in 1913. His father was a civil engineer who worke ...

, founding partners of

Skadden, Arps, Slate, Meagher & Flom Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates is an American multinational law firm headquartered in New York City. Founded in 1948, the firm consistently ranks among the top U.S. law firms by revenue. The company is known for its wor ...

*Francis T. P. Plimpton, founding partner of

Debevoise & Plimpton Debevoise & Plimpton LLP (often shortened to Debevoise) is an international law firm headquartered in New York City. Founded in 1931 by Harvard Law School alumnus Eli Whitney Debevoise and Oxford-trained William Stevenson, the firm was origi ...

*Robert P. Patterson and Vanderbilt Webb, founding partners of

Patterson Belknap Webb & Tyler Patterson Belknap Webb & Tyler LLP, founded in 1919, is a law firm headquartered in New York City. Notable alumni *Former Attorney General of the United States and federal judge Michael B. Mukasey was a partner at the firm before his accession ...

* Lloyd K. Garrison, name partner of

Paul, Weiss, Rifkind, Wharton & Garrison Paul, Weiss, Rifkind, Wharton & Garrison LLP (known as Paul, Weiss) is an American multinational law firm headquartered on Sixth Avenue in New York City. By profits per equity partner, it is the fifth most profitable law firm in the world. ...

Frank Iacobucci Frank Iacobucci (born June 29, 1937) is a former Puisne Justice of the Supreme Court of Canada from 1991 until his retirement from the bench in 2004. He was the first Italian-Canadian, allophone judge on the court. Iacobucci was also the fir ...

Puisne Justice A puisne judge or puisne justice (; from french: puisné or ; , 'since, later' + , 'born', i.e. 'junior') is a dated term for an ordinary judge or a judge of lesser rank of a particular court. Use The term is used almost exclusively in common law ...

of the

Supreme Court of Canada The Supreme Court of Canada (SCC; french: Cour suprême du Canada, CSC) is the Supreme court, highest court in the Court system of Canada, judicial system of Canada. It comprises List of Justices of the Supreme Court of Canada, nine justices, wh ...

References

External links

Dewey Ballantine history at fundinguniverse.com
{{Defunct law firms of the United States Law firms based in New York City Law firms established in 1909 Defunct law firms of the United States Defunct companies based in New York (state) 1909 establishments in the United States 2007 disestablishments in the United States Law firms disestablished in 2007