Venable LLP
{{short description|American law firm}}
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{{Undisclosed paid|date=July 2023}}
{{promotional|date=November 2022}}
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{{Infobox law firm|name=Venable LLP|logo=Venable LLP logo.svg|headquarters=Washington, D.C.|num_offices=13|offices=Annapolis, Baltimore, Chicago, Fort Lauderdale, Los Angeles, Miami, New York City, San Francisco, Tampa, Towson, Tysons, Washington, D.C., Wilmington|num_attorneys=800+|num_employees=1,300+|practice_areas=Corporate law, complex litigation, intellectual property, entertainment law, and government affairs|key_people=Stuart Ingis, Chairman|revenue=$717,017,642 (2021)|profit_per_equity_partner=$1,234,973 (2021)|date_founded=1900|founder=Richard Venable|company_type=Limited liability partnership|website={{official URL}}
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Venable LLP is an American law firm headquartered in Washington, D.C. It is the largest law firm in the state of Maryland.{{Cite web|title=Maryland's Largest Law Firms {{!}} Maryland Daily Record|url=https://thedailyrecord.com/marylands-largest-law-firms-2019/|access-date=2021-09-21|website=www.thedailyrecord.com|date=12 April 2019|language=en|archive-date=2021-09-22|archive-url=https://web.archive.org/web/20210922025800/https://thedailyrecord.com/marylands-largest-law-firms-2019/|url-status=live}} Founded in 1900 by Richard Venable in Baltimore, Venable operates 13 offices across the United States{{cite web | title=Offices | publisher=Venable| url=https://www.venable.com/offices | access-date=18 May 2023}} and employs about 850 professionals{{cite web |title=Home page| publisher=Venable| website=Venable LLP | url=https://www.venable.com/ | access-date=18 May 2023}} specializing in regulatory, litigation, corporate, and investigations matters.{{Cite web|title=Services {{!}} Venable LLP|url=https://www.venable.com/services|access-date=2021-08-26|website=www.venable.com|language=en|archive-date=2021-08-26|archive-url=https://web.archive.org/web/20210826190713/https://www.venable.com/services|url-status=live}}
In 2021, Venable was ranked as the 78th highest grossing law firm in the world.{{Cite web|title=The 2020 Global 200: Ranked by Revenue {{!}} Law.com|url=https://www.law.com/americanlawyer/2020/09/21/the-2020-global-200-ranked-by-revenue-405-68243/|access-date=2021-09-20|website=www.law.com|language=en|archive-date=2021-10-20|archive-url=https://web.archive.org/web/20211020201038/https://www.law.com/americanlawyer/2020/09/21/the-2020-global-200-ranked-by-revenue-405-68243/|url-status=live}} From 2020 to 2021, Venable's total revenue grew from US$681.8 million to $717 million. Revenue per lawyer saw a similar increase, with each lawyer generating a revenue of $965,031 and each equity partner generating $1.23 million on average.{{Cite web|title=Following a Decade of Consistent Growth, Venable Continued to See Metrics Rise in 2021|url=https://www.law.com/americanlawyer/2022/03/08/following-a-decade-of-consistent-growth-venable-continued-to-see-metrics-rise-in-2021/|access-date=2022-03-10|website=The American Lawyer|language=en|archive-date=2022-07-31|archive-url=https://web.archive.org/web/20220731013502/https://www.law.com/americanlawyer/2022/03/08/following-a-decade-of-consistent-growth-venable-continued-to-see-metrics-rise-in-2021/?slreturn=20220630213502|url-status=live}}
History
Venable was founded in 1900 by law professor Richard Venable in Baltimore.{{Cite web|title=Venable LLP {{!}} Company Profile {{!}} Vault.com|url=https://www.vault.com/company-profiles/law/venable-llp|access-date=2021-02-14|website=Vault|language=en|archive-date=2021-02-28|archive-url=https://web.archive.org/web/20210228230036/https://www.vault.com/company-profiles/law/venable-llp|url-status=live}} It became the second-largest law firm in the Baltimore-Washington area in 1999 when it merged with Washington-based Tucker Flyer.{{Cite web|last=Somerville|first=Sean|title=Venable, D.C. law firm to merge; Tucker Flyer deal expected to create region's No. 2 practice; Legal profession|url=https://www.baltimoresun.com/news/bs-xpm-1999-09-09-9909090053-story.html|access-date=2021-02-14|website=baltimoresun.com|language=en-US|archive-date=2021-04-18|archive-url=https://web.archive.org/web/20210418065000/https://www.baltimoresun.com/news/bs-xpm-1999-09-09-9909090053-story.html|url-status=live}} The firm expanded cross country to Los Angeles in 2006.{{Cite web|title=Venable Opens California Office with Lawyers from Two Los Angeles Firms {{!}} About {{!}} Venable LLP|url=https://www.venable.com/about/news/2006/07/venable-opens-california-office-with-lawyers-from|access-date=2021-02-14|website=www.venable.com|language=en|archive-date=2021-01-18|archive-url=https://web.archive.org/web/20210118132804/https://www.venable.com/about/news/2006/07/venable-opens-california-office-with-lawyers-from|url-status=live}}
In 2017, Venable headquarters moved to a new building in Washington, located at 600 Massachusetts Avenue.{{Cite web|date=2017-10-10|title=Venable Offices - Washington D.C.|url=https://officesnapshots.com/2017/10/10/venable-offices-washington-d-c/|access-date=2021-02-14|website=Office Snapshots|archive-date=2021-04-18|archive-url=https://web.archive.org/web/20210418063757/https://officesnapshots.com/2017/10/10/venable-offices-washington-d-c/|url-status=live}}
In one of the largest law firm mergers of 2018, Venable acquired the New York intellectual property firm Fitzpatrick Cella, which had 100 attorneys at the time.{{Cite web|last=Tribe|first=Meghan|date=|title=Venable Completes Merger With New York's Fitzpatrick Cella|url=https://www.law.com/americanlawyer/2018/11/01/venable-completes-merger-with-new-yorks-fitzpatrick-cella/|url-status=live|archive-url=https://web.archive.org/web/20181102211359/https://www.law.com/americanlawyer/2018/11/01/venable-completes-merger-with-new-yorks-fitzpatrick-cella/|archive-date=2018-11-02|access-date=2021-02-14|website=The American Lawyer|language=en}}
Venable opened a construction law office in Chicago in January 2021, with firm chairman Stu Ingis stating that the decision to expand was founded on Venable's "history of measured, strategic growth through the addition of talented attorneys and practices in markets that support client needs".{{Cite web|title=Venable Launches Chicago Office and Adds Construction Law Group – REJournals|url=https://rejournals.com/venable-launches-chicago-office-and-adds-construction-law-group/|access-date=2021-02-14|website=rejournals.com|archive-date=2021-01-19|archive-url=https://web.archive.org/web/20210119150036/https://rejournals.com/venable-launches-chicago-office-and-adds-construction-law-group/|url-status=live}}
In The American Lawyer AmLaw 100 ranking for 2021, Venable was rated 59th in revenue per lawyer, 71st in profits per lawyer, 76th in profits per equity partner, and 73rd in all-partner compensation, for an overall ranking of 65th.{{Cite web|title=Venable Has Another Strong Year in the 2021 Am Law 100 Rankings {{!}} About {{!}} Venable LLP|url=https://www.venable.com/about/news/2021/04/venable-has-another-strong-year-in-2021-am-law|access-date=2021-08-26|website=www.venable.com|language=en|archive-date=2021-08-26|archive-url=https://web.archive.org/web/20210826190711/https://www.venable.com/about/news/2021/04/venable-has-another-strong-year-in-2021-am-law|url-status=live}}
Shortly after the 2022 Russian invasion of Ukraine, Venable terminated its lobbying deal with Sberbank, Russia's largest bank.{{Cite web|title=Many, but not all, U.S. law and lobbying firms drop Russian clients.|url=https://www.nytimes.com/live/2022/03/01/world/ukraine-russia-war#many-but-not-all-us-law-and-lobbying-firms-drop-russian-clients|access-date=2021-03-10|website=The New York Times|archive-date=2022-03-01|archive-url=https://ghostarchive.org/archive/20220301/https://www.nytimes.com/live/2022/03/01/world/ukraine-russia-war#many-but-not-all-us-law-and-lobbying-firms-drop-russian-clients|url-status=live}} It was known that Sberbank had paid more than $800,000 to Venable for lobbying since 2017, according to Senate records.{{Cite web|title=US lobbying firms rush to cut ties with Russian businesses hit with sanctions|url=https://www.cnn.com/2022/02/26/politics/lobbying-firms-russian-businesses-sanctions-invs/index.html|access-date=2021-03-10|website=CNN|archive-date=2022-02-26|archive-url=https://web.archive.org/web/20220226131636/https://www.cnn.com/2022/02/26/politics/lobbying-firms-russian-businesses-sanctions-invs/index.html|url-status=live}}
In November 2022, Venable announced that it would merge with Genovese Joblove & Battista, a multi-practice Florida-based law firm with offices in Miami, Tampa, and Fort Lauderdale.{{Cite web|title=Venable Expands to Miami with Addition of Genovese Joblove & Battista|url=https://www.prnewswire.com/news-releases/venable-expands-to-miami-with-addition-of-genovese-joblove--battista-301671733|website=PR Newswire|archive-date=2022-11-15|archive-url=https://web.archive.org/web/20221115152330/https://www.prnewswire.com/news-releases/venable-expands-to-miami-with-addition-of-genovese-joblove--battista-301671733}}
Notable alumni and current attorneys
{{Alumni|date=November 2022}}
- Birch Bayh, former U.S. Senator from Indiana
- James H. Burnley IV, former U.S. Secretary of Transportation
- John Marshall Butler, former U.S. Senator from Maryland
- Benjamin Civiletti, former United States Attorney General
- Doug Emhoff, former Managing Director of Venable's West Coast Offices, Partner at DLA Piper, husband of Vice President of the United States Kamala Harris and Second Gentleman of the United States
- James W. Gerlach, former United States Representative, Pennsylvania
- Asa Hutchinson, former Governor of Arkansas, former Undersecretary of Homeland Security and former head of the Drug Enforcement Administration, former U.S. Representative from Arkansas' 3rd congressional district
- Glenn F. Ivey, Congressman for Maryland’s Fourth Congressional District, United States' House of Representatives
- Amy Berman Jackson, District Judge on the United States District Court for the District of Columbia
- Benson E. Legg, former Chief Judge, United States District Court for the District of Maryland
- Daniel E. Lungren, former United States Representative, California and former Attorney General of California
- L. Paige Marvel, Article I federal judge for the United States Tax Court
- Powell Moore, former White House Legislative staff member and U.S. Department of State and Department of Defense official
- J. Frederick Motz, Senior Judge of the United States District Court for the District of Maryland
- Francis D. Murnaghan, Jr., former federal judge on the United States Court of Appeals for the Fourth Circuit
- Mark Pryor, former U.S. Senator from Arkansas
- William D. Quarles, Jr., former United States District Judge for the District of Maryland
- Karl Racine, the first elected Attorney General of the District of Columbia
- James E. Rogan, former U.S. Representative of California and current judge of the Superior Court of California
- John Sarbanes, U.S. Representative, Maryland's 3rd congressional district
- Paul Sarbanes, former U.S. Representative from Maryland and former U.S. Senator from Maryland
- Brian Schwalb, Attorney General for the District of Columbia
- Ari Schwartz, former member of the White House National Security Council where he served as Special Assistant to the President and Senior Director for Cybersecurity
- Bart Stupak, former U.S. Representative from Michigan's 1st congressional district
- Roger W. Titus, federal judge on the United States District Court for the District of Maryland
- Robert L. Wilkins, United States circuit judge of the United States Court of Appeals for the District of Columbia Circuit
References
{{Reflist}}
External links
- {{official website|https://www.venable.com/}}
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Category:Law firms based in Washington, D.C.