Dorsey & Whitney LLP (known as Dorsey) is an American law firm with 516 lawyers, located in 20 offices in the United States, Canada, Europe, and Asia as of 2023. The firm's headquarters is in Minneapolis, Minnesota, where it was founded.[1] As of 2023, Dorsey is led by managing partner William R. Stoeri.[2] The firm's lawyers have included several prominent public figures, including former U.S. Vice PresidentWalter Mondale.[3]
Dorsey was founded in 1912 by William Lancaster, a director of First National Bank of Minneapolis (now part of U.S. Bank), and David Simpson, a judge on the Minnesota Supreme Court.[3] The following year, they hired James Dorsey as their first associate. Dorsey left the firm in the 1920s to become an investment banker, but returned to the firm a few years after the 1929 stock market crash. Dorsey led the firm until his death in 1959. The name of the firm continued to change for most of its history, until it was shortened into its current, permanent name in 1981. Dorsey continues to build on its traditional strengths in corporate law and litigation through a wide range of practice groups.[4]
Charles "Cully" Stimson, then
Deputy Assistant Secretary of Defense for Detainee Affairs, stirred controversy when he went on record criticizing the patriotism of law firms that allowed employees to assist Guantanamo captives:
"corporate CEOs seeing this should ask firms to choose between lucrative retainers and representing terrorists."
[14]
Stimson's views were widely criticized. The Pentagon disavowed them and he resigned shortly thereafter.
In 2008, police uncovered an insider trading conspiracy involving Dorsey & Whitney partner Gil Cornblum, who there and earlier in his career at Sullivan & Cromwell in New York discovered inside information and, with his co-conspirator, Stanko "Stan" Grmovsek– a former lawyer and Cornblum's law school classmate –was found to have gained over $10 million in illegal profits over a 14-year span.[15] Cornblum committed suicide by jumping from a bridge as he was under investigation and shortly before he was to be arrested but before criminal charges were laid against him, one day before his alleged co-conspirator pled guilty.[16][17]
$467.4 million USD (2023)
