Thacher Proffitt & Wood

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Thacher Proffitt & Wood
Thacher Proffitt & Wood
HeadquartersNew York City
No. of offices5 at peak
No. of attorneys365 at peak
Major practice areasGeneral practice, Structured finance
Date founded1848
Company typeLimited liability partnership
DissolvedDecember 23, 2008, due to declining revenue and partner defections
Websitewww.tpw.com

Thacher Proffitt & Wood LLP was an American law firm headquartered in New York City. At its peak, the firm was made up of approximately 365 attorneys with offices in New York City; Washington, D.C.; Mexico City; White Plains, New York; and Summit, New Jersey.

History

The firm traced its founding back to 1848, when Benjamin Franklin Butler opened a legal practice with his son, William Allen Butler, at 29 Wall Street in New York City. The firm was headquartered in downtown Manhattan from 1848 until 2001, eventually occupying floors 38 through 40 of the 2 World Trade Center building prior to the building's destruction in the September 11 attacks. All of the firm's employees survived the attacks, and the firm temporarily relocated to midtown Manhattan before moving to 2 World Financial Center in September 2003.[1]

Thacher Proffitt was a market leader in the

litigation, corporate, tax and derivatives practices. In 2006, the firm was ranked among the top 200 by The American Lawyer.[4] It was also ranked among the top 80 most prestigious law firms in the nation by Vault.[citation needed
]

The

Sonnenschein, Nath & Rosenthal.[7][8] Two days later, on December 23, the firm's management officially announced dissolution of the firm.[9] Shortly prior to its dissolution, the firm had been hired to advise the United States Department of the Treasury in connection with the Troubled Asset Relief Program (TARP).[10]

References

  1. ^ Jones, Ashby. "Law Blog Lawyer of the Day: Paul Tvetenstrand". WSJ. Retrieved 2016-12-12.
  2. ^ David Bario (2009-03-17). "The American Lawyer".
  3. ^ a b Koppel, Nathan. "The Rise and Fall of Thacher Proffitt". WSJ. Retrieved 2016-12-12.
  4. ^ Even, Erik (December 22, 2008). "Thacher Proffitt Dissolves; Sonnenschein Rescues 100". jdjournal.com. Retrieved September 11, 2023.
  5. ^ Lat, David. "Nationwide Layoff Watch: Thacher Proffitt Follow-Up". Above the Law. Retrieved 2016-12-12.
  6. ^ "Greenberg Traurig Responds to Market Changes and Client Needs With Key Additions and New Office - Greenberg Traurig LLP". www.gtlaw.com. Retrieved 2016-12-12.
  7. ^ Patrick McGeehan (2008-12-22). "The New York Times". Retrieved 2009-02-25.
  8. Above the Law
    . Retrieved 2008-12-22.
  9. ^ Fortado, Lindsay (2008-12-23). "Thacher Proffitt, 160-Year-Old Law Firm, to Close". Bloomberg News. Bloomberg L.P. Retrieved 2008-12-23.
  10. ^ Lat, David (2008-12-17). "Treasury Hires Thacher To Help Out With TARP". Above the Law. Retrieved 2016-12-12.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Thacher_Proffitt_%26_Wood&oldid=1174997827"