BakerHostetler is an American law firm founded in 1916. One of the firm's founders, Newton D. Baker, was U.S. Secretary of War during World War I, and former Mayor of

Cleveland Cleveland ( ), officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in the northeastern part of the state, it is situated along the southern shore of Lake Erie, across the U.S. ...

Ohio Ohio () is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. The sta ...

History

, the firm was ranked the 73rd-largest law firm in the world. BakerHostetler is a multidisciplinary firm with six core practice groups—Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax. In a 2020 survey by BTI Consulting Group, BakerHostetler was ranked among the top 30 firms considered to be the “Elite Member of the Client Service A-Team”, in terms of providing superior client satisfaction. In 2010, BakerHostetler represented Denbury Resources Inc. (NYSE: DNR), a member of the

S&P 500 The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. As of ...

, in a merger valued at $4.5 billion with Encore Acquisition Co. (NYSE: EAC). The transaction created one of the largest oil-focused independent exploration and production companies in North America. As a result of this and other similar deals, BakerHostetler was ranked among the top 10 U.S. law firms for merger and acquisition deals in the oil, gas, and oilfield service industries for the period January 2009-First Quarter 2010 per ''The Deal'' magazine. The firm is generally known for counseling and representing clients in the hospitality, healthcare, financial services, media, energy, sports, and technology fields. In 2014, intellectual property law firm Woodcock Washburn LLP merged with BakerHostetler, adding three offices in

Philadelphia Philadelphia, often called Philly, is the List of municipalities in Pennsylvania#Municipalities, largest city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, the List of United States cities by population, sixth-largest city i ...

Atlanta Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 ...

, and

Seattle Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest regio ...

. In 2016, the firm announced it was using IBM's Watson, named "ROSS", to assist attorneys in their bankruptcy practice. Other law firms had signed agreements with ROSS, but BakerHostetler was the first to announce the use of the

artificial intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...

-based service. In 2020, the firm formed its sixth practice group, the Digital Assets and Data Management Practice group, to address the lifecycle of data. The practice group's formation signaled the importance of "data" to the practice of law and the clients the firm represents.

Major clients

BakerHostetler, through partner

Irving Picard use both this parameter and , birth_date to display the person's date of birth, date of death, and age at death) --> , death_place = , death_cause = , nationality = , other_names = , citizenship = , ...

and his team, has been overseeing the liquidation of

Bernard Madoff Bernard Lawrence Madoff ( ; April 29, 1938April 14, 2021) was an American fraudster and financier who was the admitted mastermind of the largest Ponzi scheme in history, worth about $64.8 billion. He was at one time chairman of the NASDAQ ...

’s firm in bankruptcy court, and has so far recovered over $14 billion—about 70 percent of approved claims—by suing those who profited from the scheme, whether they knew of the scheme or not.Madoff’s Victims Are Close to Getting Their $19 Billion Back
/ref> Kathy Bazoian Phelps, a bankruptcy lawyer at Diamond McCarthy, said "That kind of recovery is extraordinary and atypical,” as clawbacks in such schemes range from 5 percent to 30 percent, and many victims don’t get anything. Picard has successfully pursued not only investors, but spouses and estates of those who profited, such as the wife of Bernard Madoff (

Ruth Madoff Ruth Madoff ( ; Alpern; born May 18, 1941) is the widow of Bernie Madoff, the convicted American financial fraudster who served a prison sentence for a criminal financial scheme until his death in April 2021. After her husband's arrest for his ...

), the widow and estate of the deceased

Stanley Chais Stanley Chais (March 27, 1926 – September 26, 2010) was an American investment advisor, money manager, and philanthropist. He operated " feeder funds" which collected money for funds related to the Madoff investment scandal. The widow, family, ...

, and the estate of the deceased

Jeffry Picower Jeffry M. Picower (May 5, 1942 – October 25, 2009) was an American investor involved in the Madoff investment scandal. He was the largest beneficiary of Madoff's Ponzi scheme, and his widow agreed to have his estate settle the claims agai ...

and Picower's widow Barbara, with whom he reached a $7.2 billion settlement (the largest

civil forfeiture Asset forfeiture or asset seizure is a form of confiscation of assets by the authorities. In the United States, it is a type of criminal-justice financial obligation. It typically applies to the alleged proceeds or instruments of crime. This a ...

payment in US history). BakerHostetler represents the Official Committee of Tort Claimants, the official committee representing the interests of over 70,000 victims of Northern California wildfires in the chapter 11 reorganization of Pacific Gas and Electric Company and PG&E Corporation. PG&E is the largest bankruptcy case ever filed in California and the sixth largest case ever filed in the United States.

Major League Baseball Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), ...

has been a longstanding client of BakerHostetler. On August 25, 2014, House Republicans hired BakerHostetler's David Rivkin to provide legal representation to sue President Obama over the Affordable Care Act.

Other notable clients

* ABC, Inc. *

Airbus Airbus SE (; ; ; ) is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: ' ...

* Bayer *

Boeing The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and p ...

* Cardinal Health, Inc. *

CNL Financial Group CNL Financial Group (CNL), formerly Commercial Net Lease, is an Orlando, Florida based private investment management and commercial real estate company. It was started in 1973 by James Seneff. The company has been a major player in efforts to rede ...

* Colgate-Palmolive Co. * Corning * Electronic Data Systems * The E.W. Scripps Co. * ExxonMobil *

Thermo Fisher Scientific Thermo Fisher Scientific Inc. is an American supplier of scientific instrumentation, reagents and consumables, and software services. Based in Waltham, Massachusetts, Thermo Fisher was formed through the merger of Thermo Electron and Fisher Sc ...

Ford Ford commonly refers to: * Ford Motor Company, an automobile manufacturer founded by Henry Ford * Ford (crossing), a shallow crossing on a river Ford may also refer to: Ford Motor Company * Henry Ford, founder of the Ford Motor Company * Ford F ...

Gruner + Jahr Gruner may refer to: People * Dov Gruner (1912–1947), Jewish Zionist leader * Eduard Gruner, Swiss engineer * Elioth Gruner (1882–1939), Australian painter * Gottlieb Sigmund Gruner (1717–1778), Swiss cartographer and geologist * K ...

Hospital Corporation of America HCA Healthcare is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owns and operates 186 hospitals and approximately 2,000 sites of care, including sur ...

* Human Rights Accountability Global Initiative * Hyatt * IBM *

KeyCorp KeyBank, the primary subsidiary of KeyCorp, is a regional bank headquartered in Cleveland, Ohio, and is the only major bank based in Cleveland. KeyBank is one of the largest banks in the United States. Key's customer base spans retail, small ...

* KLM *

Marriott Marriott may refer to: People *Marriott (surname) Corporations * Marriott Corporation, founded as Hot Shoppes, Inc. in 1927; split into Marriott International and Host Marriott Corporation in 1993 * Marriott International, international hote ...

* Microsoft Corp. * Schlumberger *

Sprint Nextel Sprint Corporation was an American telecommunications company. Before it Merger of Sprint Corporation and T-Mobile US, merged with T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 ...

* State Farm * Prevezon * Progressive Corp. * Trammell Crow Co. *

Verizon Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas ...

Lawyers and locations

In 2020, the law firm employed nearly 1000 attorneys and had offices in 17 different markets including: New York, Washington, D.C., California (Los Angeles, San Francisco, Costa Mesa), Colorado (Denver), Delaware (Wilmington), Florida (Orlando), Georgia (Atlanta), Illinois (Chicago), Pennsylvania (Philadelphia), Texas (Dallas, Houston), Ohio (Columbus, Cleveland, Cincinnati), and Washington (Seattle).

Notable attorneys

* Newton D. Baker *

Steve Dettelbach Steven Michael Dettelbach (born November 29, 1965) is an American lawyer and Director of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) from Cleveland, Ohio. He was the United States attorney for the Northern District of Ohio f ...

* Dennis E. Eckart * Jack Evans * Mike Ferguson * James Halpern * Jeff Jacoby *

Guy Vander Jagt Guy Adrian Vander Jagt ( ; August 26, 1931 – June 22, 2007) was a Republican politician from Michigan. He was a member of the U.S. House of Representatives and Chairman of the National Republican Congressional Committee. Vander Jagt was desc ...

* Barbara B. Kennelly * William Francis Kuntz * Richard J. Leon * Betty S. Murphy * Charles S. Murphy *

Mike Oxley Michael Garver Oxley (February 11, 1944 – January 1, 2016) was an American Republican politician and attorney who served as a U.S. Representative from the 4th congressional district of Ohio. Early life and career Oxley was born in Find ...

* Gregory Paw *

Hector Perez Hector A. "Tico" Perez is an American attorney at law and an administrator. He was the 9th National Commissioner of the Boy Scouts of America, serving from 2008 to 2016. Early life and education Perez is the son of Cuban immigrants to the ...

* David B. Rivkin * Drew B. Tipton *

Mark Tuohey Mark H. Tuohey III is an American attorney best known for representing corporations and white collar clients. In February 2015, he was appointed by Muriel Bowser as director of the Mayor of Washington D.C.'s Office of Legal Counsel In August 20 ...

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References

External links

Official websiteNational Law Review Organizational Profile
Law firms established in 1916 Law firms based in Cleveland