Hughes Hubbard & Reed - History

History

  • 1871 - In the wake of the Great Chicago Fire, Chicago-based lawyer Walter S. Carter had so many claims to prosecute involving insurers bankrupted by the fire that he moved his office to New York City. Faced with more business than he could personally handle, Carter tried hiring the most promising law students to help him and, in a departure from standard practice, paid these “associates” a salary. One of them was then-future Chief Justice of the Supreme Court Charles Evans Hughes.
  • 1884 - Upon graduating from Columbia Law School, Charles Evans Hughes joined the firm, then known as Chamberlain, Carter & Hornblower.
  • 1888 - Hughes was made partner, and the firm's name was changed to Carter, Hughes & Cravath.
  • 1906 - Hughes was elected Governor of New York.
  • 1910 - After two terms as governor, Hughes was appointed to the Supreme Court by President William Howard Taft.
  • 1916 - Hughes resigned from the Court to run for President against Woodrow Wilson. After he was narrowly defeated, Hughes rejoined his old partners and, with the exception of the time he served as Secretary of State under Presidents Harding and Coolidge, he remained a partner in the firm until 1930.
  • 1929 - Charles Evans Hughes, Jr., also a partner in the firm, resigned to become United States Solicitor General.
  • 1930 - Hughes was appointed Chief Justice of the United States. Upon his father's appointment, Charles Evans Hughes, Jr. resigned from his position as Solicitor General and rejoined the firm as a partner.
  • 1937 - In June, the firm suddenly dissolved, due to what the media at the time reported was Charles Evans Hughes, Jr.'s desire to insulate his father from a political attack directed at one of Hughes, Jr.'s partners at the firm by Roosevelt's Secretary of the Treasury. On June 10, Hughes, Richards, Hubbard & Ewing opened its offices at One Wall Street, where it would remain for over 50 years.
  • 1966 - Hughes Hubbard became one of the first American firms to open an office in Paris. The office was opened by Axel H. Baum, who currently still works there.
  • 1968 - The firm became Hughes Hubbard & Reed
  • 1972 - Hughes Hubbard opened offices in Washington, D.C. and Los Angeles, becoming the first New York law firm to open an office in L.A.
  • 1980 - The firm began to aggressively build its practice capabilities, adding a number of lateral partners to bolster its banking and financial services practices in New York, and its real estate practice in Los Angeles. The firm simultaneously began organizing its Latin America and Pacific Basin practices.
  • 1999 - Already recognized for its record of promoting women to positions of authority, the firm again broke ground by electing Candace Beinecke as Chair of the Firm, making her the first woman to lead a major New York City law firm.

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