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Duane Morris LLP is a law firm headquartered in Philadelphia, Pennsylvania. Founded in 1904 as Duane, Morris, Heckscher & Roberts,[1] the firm has 24 offices in the United States, London, Singapore and Vietnam[2]. In addition to legal services, Duane Morris has independent affiliates employing approximately 100 professionals engaged in other disciplines.
[edit] Ranking and recognitionIn 2009, the National Law Journal ranked Duane Morris as the 72nd largest law firm in the U.S. based on October 2008 attorney headcount, which was stated to be 594. In 2007, Duane Morris was named one of the 20 best companies for working women by Philadelphia Magazine[3] and one of the top 50 law firms for women by Working Mother magazine and Flex-Time Lawyers LLC, a national consulting firm focused on the retention and advancement of women.[4] Harvard Business School completed a case study of the firm entitled "Duane Morris: Balancing Growth and Culture at a Law Firm," which was presented in curriculum during the 2006-2007 academic year.[5][6] [edit] GrowthUnder the ten-year leadership of Chairman Sheldon Bonovitz from early 1998 to early 2008, Duane Morris grew from a little more than 200 lawyers in 1998 to more than 650 by January 2008. Revenues increased over that period from $70 million to $375 million for 2007.[7] Bonovitz stepped down at the beginning of January 2008, replaced by former Vice Chairman John J. Soroko. [edit] Notable cases
[edit] Contingency fee practiceDuane Morris maintains an active plaintiff's contingency fee practice.[14] This practice raised concerns in the press after Duane Morris twice teamed up with the plaintiff firm of Coughlin Stoia Geller Rudman & Robbins.[15][16] Although contingency arrangements are traditionally used by plaintiffs firms, they are becoming more common for larger defense-oriented law firms.[17] In an American Lawyer article, writer Andrew Longstreth writes that “In this economic environment, where the billable-hour model is under pressure, and clients are increasingly asking their outside firms to share in the risk of litigation, the … strategy -- mixing plaintiffs cases with defense matters, picking clients whose work fits with the firm's long-term goals, and employing creative billing methods -- looks built for the times.”[18]. On contingency, Duane Morris represented six of the nine whistleblowers in a case against Eli Lilly in which the nine were rewarded with $78 million from the federal criminal settlement after it was found guilty of illegally marketing the anti-psychotic drug Zyprexa for off-label use.[19] The Harvard case study of Duane Morris reported that the firm’s contingent-fee committee “carefully vets potential cases with an exhaustive formula,” according to an ABA Journal article.[20] [edit] Industries Served
[edit] Notable alumni
[edit] References
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