About Young Conaway Stargatt & Taylor, LLP
The second-largest law firm in Delaware, Young Conaway's status as a leading bankruptcy and corporate counseling and litigation firm transcends its small state and draws clients local, national and international from corporations, state governments, stockholders and individuals.
A Start in Delaware
Young Conaway was founded in 1959 by Hy Young, H. James Conaway Jr., Bruce M. Stargatt and William F. Taylor. Over the next half-century, the firm grew in size and reputation. Young Conaway is home to 42 Best Lawyers in America 2018 and has one of the the largest Bankruptcy and Corporate Litigation practices in the state of Delaware. Chambers 2017 singles out seven of the firm's practice areas for recognition: Bankruptcy & Corporate Restructuring, Corporate Counseling & Litigation, Intellectual Property, Business Planning and Transactions, Commercial Real Estate, Banking and Land Use, Employment Law, and Tax/Trusts & Estates & Benefits. The firm was ranked one of the top 25 law firms in country by mid-level associates in American Lawyer, and in a 2009 survey, summer associates ranked the firm in the top spot in Delaware.
Young Conaway's bankruptcy practice is not only the largest in Delaware, but it is also the state’s most highly regarded. The state media refers to the firm's lawyers as "Delaware's bankruptcy experts," and Young Conaway is one of only four firms nationwide to become a member of the first –ever Law360 $5 Billion Club by representing clients that individually oversee or manage more than $5 billion in debtor assets. Young Conaway has handled bankruptcy and corporate restructuring matters for an extensive client list that includes Continental Airlines, Eddie Bauer, American Home Mortgage, KB Toys, Wet Seal, Sports Authority, Polaroid and Planet Hollywood. Young Conaway negotiated Eastman Kodak's Chapter 11 bankruptcy filing and subsequent $525 million sale of its digital imaging patent portfolio rights to Intellectual Ventures and twelve other licensees which were rounded up by RPX Corp. Offshore but still in-country, Young Conaway guided Hawaiian energy company Big Island Carbon LLC's, which was planning to create a biofuel from macadamia nuts, through a Chapter 7 bankruptcy.
Chambers has described Young Conaway’s Chancery practice as “well-regarded” with clients noting that Young Conaway’s attorneys are “outstanding experts in Delaware law” who are “focused and effective.” In addition, Young Conaway has been prominently involved in several influential Delaware Supreme Court cases, including Time Inc.'s acquisition of Warner Communications Inc. which created Time/Warner in Paramount Communications v. Time Inc. (1989), Paramount Communications v. QVC Network (1994) and Omnicare v. NCS Healthcare (2003).
Young Conaway has received both firm and individual awards from the Delaware State Bar Association for Distinguished Leadership in Pro Bono Service and won the Caleb R. Layton III Service Award of the U.S. District Court for its service to the District of Delaware court. The firm also doles out its own awards, the William F. Taylor Associate Award and the H. James Conaway, Jr. Partner Award, to recognize partners and associates who exemplify pro bono commitment. The winners of these awards choose charities to receive donations from the firm. Young Conaway runs a contribution program where each of its attorneys donate to the Combined Campaign for Justice, a program that funds three low-income legal service providers in the state, and a mentorship program with the Stubbs Elementary where Young.
IN THE NEWS
A Corporate Recognition
The Corporate Litigation and Counseling Section has been selected as 2017 Recognized Leaders in Corporate Law for Delaware. This award is part of Acquisition International Magazine's 2017 Global Excellence Awards, which are "based purely on the comprehensive analysis and qualitative and quantitative research."
A Nod to Nortel
Young Conaway has been honored for its part in the Nortel Networks bankruptcy, a finalist for The American Lawyer’s Fifth Annual Global Legal Awards: Global Dispute of the Year - Transnational Litigation.
Young Conaway has been nominated for Global Restructuring Review Awards’ "Innovation in Cross-border Insolvency and Restructuring" in connection with our role in the Metinvest chapter 15 and related schemes of arrangement in the U.K. Metinvest is the largest mining operation in Ukraine. The reorganization took 2 years and involved $2.3 billion in debt.
A Delaware Best Metropolitan Tier 1 Firm
US News & World Report and Best Lawyers® have announced their “Best Law Firms” rankings for 2017. Young Conaway has received a “Best Law Firm” Metropolitan Tier 1 ranking for Delaware in 16 practice areas, including: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Commercial Litigation, Corporate Law. Employment Law – Management, Insurance Law, Labor Law – Management, Land Use & Zoning Law, Litigation – Environmental, Litigation - Labor & Employment, Litigation - Mergers & Acquisitions, Real Estate Law, Tax Law.
1000 North King Street
Wilmington, DE 19801
Phone: (302) 571-6600
Chairman and Managing Partner: James L. Patton Jr.
Recruiting Chair: Joseph M. Barry
Total No. Attorneys 2020:
100 - 150
1st year: $160,000
Summer associate: $3,077/week
Margaret Whiteman Greecher
Director of Recruiting and Associate Development
Legal Recruiting and Marketing Coordinator
Wilmington, DE (HQ)
New York, NY
Corporate Counseling and Litigation
Bankruptcy and Corporate Restructuring
Business Planning and Transactions
Commercial Real Estate, Banking and Land Use
Complex & Specialty Litigation
Labor and Employment Law
Personal Injury and Workers' Compensation
Tax, Trusts & Estates