This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.

John B. Quinn

| Sep. 21, 2011

Sep. 21, 2011

John B. Quinn

See more on John B. Quinn

Quinn Emanuel Urquhart & Sullivan LLP

Los Angeles


Practice: business litigation


Specialty: antitrust and trade regulation, domestic and international arbitration and mediation, intellectual property, banking/financial institution, entertainment/media, government contracts and real estate litigation

Quinn Emanuel, with more than 450 lawyers in eight offices on three continents, has not only managed to survive, where other firms have fallen, but thrived, reporting profits per partner exceeding $3 million, and revenues that have grown from $194 million in 2005 to $550 million and rising.


"I think it has a lot to do with our unique business model and focus in that we only claim to do one thing - that's litigation work," said Quinn, the firm's founding and managing partner.


The focus is on what he calls a variety of "very high-end business litigation."


"It's a very specialized practice where, in the cases we work on, there's a lot at stake," Quinn said. "So, we're able to bill and collect for what we do."


Add to that, he said, a staff of lawyers who may bill their hours but don't spend their time watching the clock.


"Nobody leaves at 5 o'clock," he said. "People work a lot of hours. Law practices at the highest levels - it's a very, very labor-intensive activity. You can't try cases, you can't prepare cases for trial working 9 to 5. So, it's a lot of people working very, very hard."


Quinn has been doing just that. As lead counsel, he's been mired in a months-long, high-stakes civil trial on behalf of his client, Trust Co. of the West. Trust Co. of the West v. Gundlach, BC429385, (L.A. Super. Ct., Jan. 7, 2010).


Last year, TCW filed suit, alleging seven causes of action, including that the defendants, while employed by the company, conspired to and stole substantial amounts of proprietary and confidential information to be used at a new company, DoubleLine Capital LP, that allegedly had been secretly formed to compete with TCW.


Megamillions are at stake, and it may come down to which side's damages experts are more believable - an element that has been at the forefront of the ongoing trial.


Quinn also has been involved in another headline-grabbing matter - the meltdown of the once mighty Lehman Brothers. In re Lehman Brothers, U.S. Bankruptcy Court, (S.D. N.Y.).

- PAT BRODERICK AND CIARAN MCEVOY

#342035

For reprint rights or to order a copy of your photo:

Email jeremy@reprintpros.com for prices.
Direct dial: 949-702-5390

Send a letter to the editor:

Email: letters@dailyjournal.com