Ira Millstein
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Ira Martin Millstein is an American antitrust lawyer, professor, and author. He is a senior partner at
Weil, Gotshal & Manges Weil, Gotshal & Manges LLP is an American international law firm with approximately 1,100 attorneys, headquartered in New York City. With a gross annual revenue in excess of $1.8 billion, it is among the world's largest law firms according to ' ...
and the longest-practicing partner in big law, according to
Reuters Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was estab ...
.


Biography

Millstein graduated from
Bronx High School of Science The Bronx High School of Science, commonly called Bronx Science, is a public specialized high school in The Bronx in New York City. It is operated by the New York City Department of Education. Admission to Bronx Science involves passing the Spec ...
in 1943. He graduated from
Columbia School of Engineering and Applied Science The Fu Foundation School of Engineering and Applied Science (popularly known as SEAS or Columbia Engineering; previously known as Columbia School of Mines) is the engineering and applied science school of Columbia University. It was founded as th ...
in 1947 and received a J.D. degree from
Columbia Law School Columbia Law School (Columbia Law or CLS) is the law school of Columbia University, a private Ivy League university in New York City. Columbia Law is widely regarded as one of the most prestigious law schools in the world and has always ranked i ...
in 1949. He joined
Weil, Gotshal & Manges Weil, Gotshal & Manges LLP is an American international law firm with approximately 1,100 attorneys, headquartered in New York City. With a gross annual revenue in excess of $1.8 billion, it is among the world's largest law firms according to ' ...
in 1951 and remained in the firm ever since, celebrating his 70th anniversary in the firm in 2021. During his tenure at Weil, he has counseled the boards of
General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
,
General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...
,
Westinghouse Electric Corporation The Westinghouse Electric Corporation was an American manufacturing company founded in 1886 by George Westinghouse. It was originally named "Westinghouse Electric & Manufacturing Company" and was renamed "Westinghouse Electric Corporation" in ...
, WellChoice,
The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October ...
, among others. He also played a role in New York's financial rescue during its fiscal crisis in the 1970s. ''
Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' describes him as one of
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 t ...
's most powerful lawyers. He has served as chairman of the antitrust law section of both the
American Bar Association The American Bar Association (ABA) is a voluntary bar association of lawyers and law students, which is not specific to any jurisdiction in the United States. Founded in 1878, the ABA's most important stated activities are the setting of acad ...
as well as the
New York State Bar Association The New York State Bar Association (NYSBA) is a voluntary bar association for the state of New York. The mission of the association is to cultivate the science of jurisprudence; promote reform in the law; facilitate the administration of justice ...
. He was also appointed by governor
George Pataki George Elmer Pataki (; born June 24, 1945) is an American lawyer and politician who served as the 53rd governor of New York from 1995 to 2006. An attorney by profession, Pataki was elected mayor of his hometown of Peekskill, New York, and went on ...
to chair a commission that led to the 2009 Public Authorities Reform Act of
New York state New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. stat ...
. He is also a close friend of
Ruth Bader Ginsburg Joan Ruth Bader Ginsburg ( ; ; March 15, 1933September 18, 2020) was an American lawyer and jurist who served as an associate justice of the Supreme Court of the United States from 1993 until her death in 2020. She was nominated by President ...
, brokering a meeting between Ginsburg and Senator
Orrin Hatch Orrin Grant Hatch (March 22, 1934 – April 23, 2022) was an American attorney and politician who served as a United States senator from Utah from 1977 to 2019. Hatch's 42-year Senate tenure made him the longest-serving Republican U.S. senator ...
that eased her way to a judgeship on the
D.C. Circuit The United States Court of Appeals for the District of Columbia Circuit (in case citations, D.C. Cir.) is one of the thirteen United States Courts of Appeals. It has the smallest geographical jurisdiction of any of the U.S. federal appellate cou ...
. A proponent of
stakeholder capitalism The stakeholder theory is a theory of organizational management and business ethics that accounts for multiple constituencies impacted by business entities like employees, suppliers, local communities, creditors, and others. It addresses morals ...
, he helped the
Business Roundtable The Business Roundtable (BRT) is a nonprofit lobbyist association based in Washington, D.C. whose members are chief executive officers of major United States companies. Unlike the U.S. Chamber of Commerce, whose members are entire businesses, BRT ...
draft its ''Statement on Corporate Responsibility'' 1981. He also chaired several OECD initiatives and advisory groups on improving corporate governance standards in member countries. He was called, by ''Institutional Investor'', "éminence grise of corporate governance and prime mover of the OECD governance codes." He is also the founding chair of The Millstein Center for Global Markets and Corporate Ownership at
Columbia Law School Columbia Law School (Columbia Law or CLS) is the law school of Columbia University, a private Ivy League university in New York City. Columbia Law is widely regarded as one of the most prestigious law schools in the world and has always ranked i ...
, which explores how corporate governance should adapt to the changing social norms and pressures. He was a senior associate dean of corporate governance at
Yale School of Management The Yale School of Management (also known as Yale SOM) is the graduate business school of Yale University, a private research university in New Haven, Connecticut. The school awards the Master of Business Administration (MBA), MBA for Executives ...
. Millstein was elected a fellow of the
American Academy of Arts and Sciences The American Academy of Arts and Sciences (abbreviation: AAA&S) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and ...
in 1995. From 1991 to 2000, he was the chairman of the
Central Park Conservancy The Central Park Conservancy is a private, nonprofit park conservancy that manages Central Park under a contract with the City of New York and NYC Parks. The conservancy employs most maintenance and operations staff in the park. It effectively ...
and remains a life trustee. He is also a board member of the
National September 11 Memorial & Museum The National September 11 Memorial & Museum (also known as the 9/11 Memorial & Museum) is a memorial and museum in New York City commemorating the September 11 attacks of 2001, which killed 2,977 people, and the 1993 World Trade Center bombi ...
. He was elected chairman of the board of trustees of the
Albert Einstein College of Medicine Albert Einstein College of Medicine is a research-intensive medical school located in the Morris Park neighborhood of the Bronx in New York City. Founded in 1953, Einstein operates as an independent degree-granting institution as part of t ...
in 2004.


Personal life

He was married to Diane G. Millstein, a city planner who helped
Greenwich, Connecticut Greenwich (, ) is a New England town, town in southwestern Fairfield County, Connecticut, United States. At the 2020 United States Census, 2020 census, the town had a total population of 63,518. The largest town on Connecticut's Gold Coast (Conne ...
establish its zoning, until her death in 2010. In 2013, Millstein married Susan Marie Frame. The couple lived in
930 Fifth Avenue 930 Fifth Avenue is a luxury apartment building on Fifth Avenue on the northeast corner of East 74th Street in the Upper East Side of Manhattan, New York City. The eighteen-story structure and penthouse was designed by noted architect Emery Roth ...
.{{Cite web, last=Gould, first=Jennifer, date=2021-10-06, title=Top attorney Ira Millstein puts NYC home on market for bargain $2.3M, url=https://nypost.com/2021/10/06/ira-millstein-puts-nyc-home-on-market-for-bargain-2-3m/, access-date=2022-01-29, website=New York Post, language=en-US


References

20th-century American lawyers 21st-century American lawyers Columbia School of Engineering and Applied Science alumni Columbia Law School alumni The Bronx High School of Science alumni Antitrust lawyers Lawyers from New York City Fellows of the American Academy of Arts and Sciences