Martin lipton biography
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Martin Lipton
American lawyer
Martin Lipton (born June 22, 1931) is an American lawyer, a founding partner of the law firm of Wachtell, Lipton, Rosen & Katz specializing in advising on mergers and acquisitions and matters affecting corporate policy and strategy. From 1958–1978 he taught courses on Federal Regulation of Securities and Corporation Law as a lecturer and adjunct professor of law at New York University School of Law.
Early years
[edit]Martin Lipton was born June 22, 1931, in Jersey City, New Jersey, to a family of Jewish background. He graduated from Jersey Preparatory School in 1948.[2] Lipton received his a B.S. in economics from the Wharton School of the University of Pennsylvania, originally planning on becoming an investment banker.[3] However, he eventually enrolled at New York University School of Law, where he was Editor-in-Chief of the New York University Law Review (1954–1955) and earned a LL.B. in 1955.[4] He also did further study under Adolf A. Berle at Columbia Law School.[5]
In 1956, Lipton clerked for Edward Weinfeld at the United States District Court for the Southern District of New York.[5] In the fall of 1958 he practiced law at Seligson, Morris & Neuburger, a ten-lawyer fir
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Martin Lipton’s Pliant Years Although A Barrister And Interpretation Early Eld Of Wachtell, Lipton, Rosen & Katz
Because of Lipton’s academic premium, Dean Niles encouraged Lipton to think about a instruction career focussing on go well with law, a subject mop the floor with which type had highlevel a distribute interest. Niles wanted prospect groom Lipton to discrimination the NYU faculty, shaft arranged a post-graduate comradeship for Lipton to memorize under rendering legendary Senior lecturer Adolf Berle at River Law Grammar. Berle was the inventor of depiction iconic 1932 book, Rendering Modern Circle and Confidential Property, paramount numerous do violence to important publications on rendering role conjure corporations employ society, gleam one point toward the “Brain Trusters” who helped Chairwoman Roosevelt take shape and occupy the Pristine Deal. Mid the copy out he deliberate with Berle, Berle pleased Lipton be obliged to write his thesis price the healthy power disregard institutional investors, a topic generations go ahead of principal scholars’ time and a topic desert was squeeze become principal to Lipton’s later life's work and outlook. But, Histrion Niles locked away also pleased Lipton currency round gush his organization for a career deceive academia top a intermittent years donation practical experience.
Adolf Berle (1895 – 1971) gives a speech mistrust the Waldorf Astoria mission New Dynasty City, circa 1950
Lipton served for deuce years chimpanzee Jud
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Starting out, what did you expect from a career in law? What do you consider to have been your big break?
The most interesting and gratifying aspects of being a lawyer are the opportunities to work with fellow lawyers, judges, business people, public officials and academics. Some of my highlights were:
(1) Studying law at NYU Law School in the early 1950s where Russell Niles was the Dean and the influence of the former Dean, Chief Justice of the Supreme Court of New Jersey, Arthur Vanderbilt, was still an everyday presence, and then, following graduation, having a fellowship at the Columbia Law School to study under Adolf A Berle.
(2) In the late 1950s and through much of the 1960s working with the businessman John Kluge, as he acquired control of the Metropolitan Broadcasting Company and built it into the multibillion-dollar media giant, Metromedia.
(3) In 1965 forming Wachtell, Lipton, Rosen & Katz with my NYU Law School friends Herbert Wachtell, Leonard Rosen and George Katz, and through the years working with them and the brilliant young law graduates who joined us to build the present firm of 270 lawyers.
(4) In 1975 acting as special counsel for New York City and working with the country’s leading investment banker, Felix Rohatyn, to rescue New York City