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American multinational law firm From Wikipedia, the free encyclopedia
Jones Day is an American multinational law firm based in Washington, D.C. As of 2023, it is one of the largest law firms in the United States, with 2,302 attorneys, and among the highest-grossing in the world with revenues of $2.5 billion.[1] It was originally headquartered in Cleveland, Ohio. The firm has represented over half of the companies in the Fortune 500, including Goldman Sachs, General Motors, McDonald's, and Bridgestone.[3][4] Jones Day has also represented the campaign of former president Donald Trump.[5]
| |
| Headquarters | 51 Louisiana Ave NW, Washington, D.C. 20001 |
|---|---|
| No. of offices | 40[1] |
| No. of attorneys | 2,302[1] |
| Major practice areas | Full service |
| Revenue | $2.5 billion (2022)[1] |
| Date founded | 1893 (as Blandin & Rice) Cleveland, Ohio, U.S. |
| Company type | General partnership[2] |
| Website | jonesday.com |
Many attorneys from the firm have served as federal officials or judges, including U.S. Supreme Court Justice Antonin Scalia, former White House Counsel Don McGahn, former U.S. Solicitor General Noel Francisco, and U.S. courts of appeals judges Jeffrey Sutton, Gregory G. Katsas, Timothy B. Dyk, Chad Readler, and Eric E. Murphy.[6][7][8]
Jones Day was founded in Cleveland in 1893 as Blandin & Rice by two partners, Edwin J. Blandin and William Lowe Rice.[9] Frank Ginn joined the firm in 1899, and it changed its name to Blandin, Rice & Ginn.[10] Rice was murdered in August 1910.[11] In 1912, Thomas H. Hogsett joined the firm as partner, and[10] it became Blandin, Hogsett & Ginn that year,[12] and Tolles, Hogsett, Ginn & Morley a year later after the retirement of Judge Blandin and the addition of partners Sheldon H. Tolles and John C. Morley.[10] After Morley retired, in 1928, the firm adopted the name Tolles, Hogsett & Ginn.[10]
In its early years, the firm was known for representing major industries in the Cleveland area, including Standard Oil and several railroad and utility companies.[13]
In November 1938, then managing partner Thomas Jones led the merger of Tolles, Hogsett & Ginn with litigation-focused firm Day, Young, Veach & LeFever to create Jones, Day, Cockley & Reavis. The merger was effective January 1, 1939.[14] The firm's Washington, D.C., office was opened in 1946, becoming the firm's first office outside Ohio.[15] In 1967, the firm merged with D.C. firm Pogue & Neal to become Jones, Day, Reavis & Pogue.[16]
Jones Day has a reputation for representing companies against labor unions.[17][18][19]
The international expansion of Jones Day began in 1986 when the firm merged with boutique law firm Surrey & Morse, a firm of 75 attorneys with international offices in New York City, Paris, London, and Washington, D.C. In the following years, the firm expanded to Hong Kong, Brussels, Tokyo, Taipei, and Frankfurt.[20]
As of 2018, Jones Day was the fifth largest law firm in the U.S. and the 13th highest grossing law firm in the world.[1] It is currently headquartered in Washington, D.C.
The firm compensates each associate (after their first year) uniquely, based on the quality of their work and jurisdiction.[21] Unlike many peer firms, Jones Day does not pay a year-end or mid-year bonus, compensating associates entirely with salary.[21] Its attorneys' salaries are not public and are not determined solely by class year. The firm has long said that its "black box" compensation system breeds collegiality, and that its associates—even though they are not paid a bonus—generally earn the same as, or more than, associates at other major firms.[21] New associates have a starting salary of US$225,000.[22] Some associates have said that they are under-compensated compared to their peers at other firms, sometimes by tens of thousands of dollars, and that their compensation is much lower than what they were promised when they interviewed.[23]
The firm's attorneys have argued more than 40 cases before the United States Supreme Court.[24] Some of the firm's notable clients and cases include:
BTI has ranked Jones Day as the only firm to earn "Most Recommended Law Firm" for 20 consecutive years and also ranked it as "Fearsome Foursome" nine times since 2011.[78][79]
Law360 named Jones Day a "Ceiling Smasher" in 2022 as one of the top 10 firms having the highest representation of women in equity partnership and as M&A Group of the Year in 2015.[80][81]
The American Lawyer named Jones Day winner of the Litigation Department of the Year in 2017.[82]
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