Firm / Organisation

Orrick, Herrington & Sutcliffe LLP

This content is provided by Orrick, Herrington & Sutcliffe LLP.

Chairman: Mitch Zuklie
Number of lawyers worldwide: 1,300+

Firm Overview:
Orrick is focused on serving clients in the technology and innovation, energy and infrastructure, and finance sectors globally. Founded more than 150 years ago, the firm today has 1,300+ lawyers in offices across the US, Europe and Asia. The firm provides clients with innovative approaches to their most complex transactional, litigation and regulatory matters. Financial Times singled out Orrick as the ‘Most Innovative Law Firm in North America’ in 2016, 2017 and 2018, runner up in 2019, and Fortune has named the firm among the ‘100 Best Companies to Work’ for four years in a row.

Main Areas of Practice:
Technology & Innovation:

As a firm focused strategically on the Tech sector, Orrick is at the forefront of new developments and disruptions in business and service delivery models caused by tech and data. With a comprehensive approach to our clients’ business challenges, we help our clients develop a broad range of solutions and navigate evolving markets, from securing patents for new technology to handling privacy and cybersecurity compliance matters. Orrick represents 2,700 tech clients globally, including 6 of the 10 Forbes World’s Largest Public Tech Companies and leading innovators like Microsoft, Oracle, eBay, and Lyft. In 2019, its team raised US$18.9 billion through more than 970 venture financings and closed more than 300 M&A deals valued at US$30 billion.
Among its most notable financings in 2019, Orrick advised Beyond Meat on its record-setting US$240 million IPO and helped Stripe with numerous select venture financings valued at US$390 million, as well as eight corporate venture capital investments in fintech startups. The firm also helped Baidu create an opensource platform for driverless car technology, and Fitbit by defeating aggressive patent litigation filed by a non-practicing entity Quarterhill (formerly Wi-Lan). In the litigation space, Orrick advise NVIDIA on a variety of class actions for violations of various sections of California Business & Professions Code, and Orrick is assisting Robinhood with groundbreaking litigation arising from app novelties that may exempt the company from ;normal’ TCPA application.
Orrick continues to focus on innovative offerings for clients, such as AI-driven efforts to streamline transactions and enable the firm to better collaborate with companies to achieve what’s next. The firm has developed readiness assessment tools, such as its CCPA, IPO Ready, and Series A resources, to provide clients with an easy, quick view of where they stand. Orrick also recently launched an online video CLE platform, The Conversation @Orrick, which includes video trainings co-delivered by Orrick lawyers and in-house counsel from clients on a wide array of emerging issues and evolving areas of law such as artificial intelligence and leveraging data.

Energy & Infrastructure:
Energy and infrastructure are core focuses of Orrick’s firmwide strategy with 150 lawyers globally spending a significant amount of their time on energy industry matters. The team handles a wide range of projects, transactions and disputes across the power, renewables, oil and gas, climate, transportation, telecoms, construction, natural resources and social infrastructure sectors.
For decades, Orrick has advised on M&A, joint ventures and other strategic combinations, project development, finance, restructuring, private equity, venture capital and funds work, tax, regulatory and litigation and arbitration matters across the US and beyond. Orrick innovate in everything it does and regularly represent clients in first-of-a-kind and market-shaping matters, such as new corporate and industrial PPA structures, award-winning energy storage projects and complex and high-profile restructurings and disputes involving multiple jurisdictions. Orrick’s elite infrastructure lawyers specialize in concessions and public-private partnerships (PPP) covering airports, roads, rail, bridges, ports, stadia, telecoms, water, waste and energy and natural resources projects. Clients include sponsors, developers, banks, ECAs and multilaterals, governments and infrastructure and private equity funds.
Recent creative solutions include advising on the first ever securitization of oil and gas well interests; the Smart Street Lighting PPP Project in Washington, D.C., which will modernize more than 75,000 streetlights and deploy ‘smart city’ technology; and developing the first ever ‘volume firming’ agreement with its client, Microsoft, which received Financial Times’ 2019 Enabling Business Growth and Transformation Award. Orrick’s lawyers have also advised on award-winning wireless communications and fiberoptic P3 projects, the largest ever renewable energy deal for the U.S. Department of Defense and the unique LAX Automated People Mover Program.

Financial Services:
For over a century, Orrick has acted for leading financial institutions at the forefront of innovation – from creating new financial products to resolving high-stakes litigation and risk management matters. The team is deeply focused on the Finance Sector and serves as a partner to clients in understanding industry dynamics that drive the business and legal issues that matter to them.
Orrick’s focus on creative legal solutions guides its most impactful engagements that are shaping the industry. Most recently, the team handled the first rated oil & gas royalty securitizations to close in the US market, essentially creating a new asset for investors. Orrick advised a marine transportation company on the first whole business securitization that entailed the securitization of the company’s hard and soft assets. The firm developed a new hedging instrument with Microsoft that shifts the risk of price variability in sustainable energy for corporate power purchasers to third parties. Orrick created BondPal, a product that combines legal insight and technology to transform the way municipalities finance small projects, enabling the financing of green energy projects that would otherwise be cost prohibitive. Orrick helped Mercy Corps, a humanitarian organization, on a pioneering scheme that enables low-income residents to invest in their neighborhood’s commercial real estate.
The firm’s litigators and regulatory lawyers have achieved outstanding results for the world’s major financial institutions in complex disputes by capitalizing on Orrick’s long history serving the financial industry and leveraging our market-leading finance practices. A third of its global practice is dedicated to the financial services sector, enabling Orrick’s litigators to draw on top-ranked transactional practices to understand the underlying products and market practices in all types of claims. Orrick is currently litigating for more than half of the world’s largest banks, but its focus is on counseling and compliance to avoid disputes and on developing bespoke solutions for our clients in and out of court. The team of litigators combines in-house and third-party experience and brings a holistic perspective to the solutions we provide our clients.

Litigation & Regulatory:
More than a third of the Fortune 100 relies on Orrick’s 450+ litigators to resolve their high-stakes disputes. In the past 24 months alone, the firm has taken 39 cases to trial, winning an impressive number of precedentsetting victories at trial, on appeal and before arbitral tribunals around the world. Orrick is known for working hand in hand with clients, co-counsel, and national experts to mount exceptionally effective defense strategies. Orrick also helps clients avoid the cost and distraction of litigation through effective compliance programs, day-to-day and long-term strategic counseling, internal investigations and public policy efforts.
Whether arguing before the U.S. Supreme Court or providing pre-litigation counseling, Orrick brings the highest quality to everything it does. 51 of Orrick’s litigators and 26 of its litigation practices are Chambersranked. In 2019 The National Law Journal named us to the Appellate Hotlist (for the ninth time). That same year BTI names Orrick an IP Powerhouse; Law360 named Orrick the Employment Group of the Year (for the fourth time) and the Sports and Betting Group of the Year.

Contributions

Total 3 contributions

Corporate M&A 2020 Law and Practice in France

Jean-Pierre Martel, Alexis Marraud des Grottes

Read now
Structured Finance & Derivatives 2019 Law and Practice in France

Olivier Bernard, Arnauld Achard , Judith Rousvoal, Laure Seror

Read now
Structured Finance & Derivatives 2019 Law and Practice in USA

Robert Moyle, Joshua Raff, Gaelyn Sharp

Read now