O’Melveny & Myers LLP Headquarters International No. of offices 16 No. of attorneys approx. 740 Major practice areas Litigation and transactions
Key people Bradley J. Butwin, Firm Chairman Revenue $665.0 million (2014)[1]Date founded1885FounderHenry O’Melveny and Jackson Graves Website www.omm.com O’Melveny & Myers LLP is an international law firm founded in Los Angeles, California. The firm is the 48th largest law firm in the world and has been said by Vault to be one of America's top 25 most prestigious law firms[2] and best firms to work for.[3] It employs around 800 lawyers in 16[4] offices worldwide. The firm has represented clients, such as Bank of America, Exxon Mobil, Fannie Mae, Goldman Sachs, the District of Columbia, New Line Cinema, Metro-Goldwyn-Mayer Studios, and other law firms. They represented former Enron Corporation chief executive Jeffrey K. Skilling during his four-month fraud and conspiracy trial.[5]
Notable cases During the savings and loan crisis, the FDIC sued O'Melveny & Myers for providing incompetent legal advice to one S&L. In the resulting U.S. Supreme Court case, O'Melveny & Myers v. FDIC, 512 U.S.79 (1994), the firm won on the narrow issue of whether federal or state law should govern the firm's defense that the FDIC was estopped from pursuing it because the FDIC was the S&L's successor-in-interest.
In January 2008, the Interim Attorney General for the District of Columbia, Peter Nickles, selected O’Melveny & Myers partner Walter E. Dellinger III to defend the constitutionality of the District's handgun ban before the Supreme Court in District of Columbia v. Heller.[8] In March 2008, Dellinger argued that the city's ban on the possession of handguns and its trigger lock requirement is not implicated by the Second Amendment.[9] However, the Supreme Court, in a 5-4 ruling, held that the Second Amendment protects an individual's "right to possess a firearm unconnected with service in a militia, and to use that arm for traditionally lawful purposes, such as self-defense within the home."[10]
In February 2008, Dellinger argued before the Supreme Court in Exxon Shipping Co. v. Baker, on behalf of Exxon regarding the Exxon Valdez oil spill. The Supreme Court, in a 5-3 decision (Justice Alito had recused himself), reduced the $2.5 billion punitive damages award against Exxon to $507.5 million, holding that in maritime cases there should be a 1:1 ratio between punitive and compensatory (actual) damages.[11]
The firm represented the Los Angeles Unified School District (LAUSD) in the lawsuits over the Belmont Learning Center in Los Angeles in the 1990s. LAUSD later sued the firm for alleged malpractice due, in part, to the involvement of its attorneys on all sides of the negotiations.[12] The lawsuit eventually settled, with the law firm paying $3 million towards completion of Belmont.[13]
In September 1991 the firm represented, pro bono, community gang abatement specialist Ronald Lazar, StreetPeace, and nine other plaintiffs in a precedent-setting consolidated small claims action on appeal, Rawlings, et al v. Crumpton, establishing an important, powerful tool in crime prevention.[citation needed]