Perkins Coie

United States (National)

Review

Dispute resolution

Initially headquartered in Seattle and still considered a dominant force in that city’s legal community, Perkins Coie is unique in its ambitious strategic expansion. Its West Coast origins have enabled to establish a considerable footprint in the western half of the US as well as in Asia, specifically China and Taiwan. Perkins Coie is also somewhat unique in its distribution of litigation talent; rather than clustered in one specific city or metropolis, the firm has stars in a variety of disciplines throughout its offices in more recently developed offices such as Madison, Wisconsin and Anchorage, Alaska. One peer notes, “Perkins Coie is still the big brand name in Seattle – they get all the Boeing work! – but some of their best litigators are actually spread throughout its other far-flung offices.”
     Perkins Coie scored a considerable coup, and immediately established a burgeoning New York presence, with the recent absorption of the entire litigation team of the former Richards Kibbe & Orbe firm when that firm decided to divest itself of its litigation practice in 2020. In doing so, Perkins Coie also received a significant augmentation to its securities and white-collar operations on the East Coast. Lee Richards, a seasoned star in this capacity, is revered by all peers in the white-collar and enforcement field who are familiar with him. Richards remains an active force in this field, with several high-level appointments to his credit in just the past year alone. He represented Liberty Health Sciences in a securities class action alleging that Liberty made materially false and misleading statements about certain of its policies. In March 2020, the court granted Liberty’s motion for leave to file a motion to dismiss the class-action complaint. Richards is also counsel for the former director of CBS, Charles Gifford, in a federal class action against CBS and various officers and directors alleging violations of the securities laws related to #MeToo allegations against former CBS CEO Les Moonves and other CBS employees. The motion to dismiss filed by Gifford and the other director defendants was granted in January 2020. Richards also represents ICAP in a settlement with US and UK regulators over its alleged role in Yen LIBOR rate manipulation. Another former Richards Kibbe partner, Shari Brandt, acts on this particular matter. Brandt, a consistently recognized nominee in Benchmark’s Top 250 Women in Litigation over the past several years, is also counsel to a (confidential) company as well as to former senior executives involved in a federal class action alleging antitrust violations arising out of a claimed conspiracy among bank defendants to stymie the growth of open access markets for interest rate swaps on swap execution facilities following implementation of the Dodd-Frank Act. Other former Richards Kibbe stars acquired include James Walker and Daniel Zinman.
     Beyond its recent buildout in securities and white-collar, Perkins Coie has also established itself as one of the leaders in insurance coverage cases, particularly through its DC office where Selena Linde is a noted standout. A peer observes, “Shadow insurance suits are becoming a real phenomenon, and Perkins Coie is really becoming a leader in this space, on the plaintiff side.” The firm is also a noted contender in the intellectual property arena. A peer in this space confirms, “We recently tried a really hard case against David Anstaett, who is kind of Mylan’s trusted counsel. It was a three-ring circus, all remote, with witnesses all over the world. We won, but Dave is a very skilled lawyer who managed the case very effectively.”