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: Law Blog - WSJ.com

Law Blog Obituaries: Roy Tolles and Arthur Kramer

By Peter Lattman

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Let’s note the passings of two founding partners of big corporate law firms on oppostie coasts:

  • Edwin Leroy “Roy” Tolles: The founder of the L.A. firm now know as Munger, Tolles & Olson, died at the age of 85. The firm began with seven lawyers in 1962 and now has more than 200 lawyers. It is perhaps best known as the firm co-founded by Charlie Munger, now Warren Buffett’s right-hand man at Berkshire Hathaway. Indeed, Munger Tolles serves as Berkshire’s primary outside counsel. Here’s the LA Times obit.

    Tolles (Williams, Harvard Law) served in the Marine Corps as a pilot during World War II. One of his partners, Ron Olson, said that “respect for clients and colleagues was in his DNA.” He added in a statement: “Roy’s common sense and quick wit undergirded our firm for 30 years.” (Note to Self: Undergirded — great word.)

  • Arthur Kramer: The New York Times obituary reads “Arthur B. Kramer, Playwright’s Brother, Dies at 81.” With all due respect to Kramer’s more famous brother Larry, we’d rewrite the headline to read “Arthur B. Kramer, Co-Founder of Kramer Levin, Dies at 81.” Or, if we were feelling really self-involved we’d rewrite it “Arthur B. Kramer, Co-Founder of Kramer Levin, the Firm at Which the Law Blog worked from 1996 to 1998, Dies at 81.” Here’s the NYT obit.

    Kramer (Yale Law) founded the firm in the 1960 with Maurice Nessen and Foster Bam as an alternative to New York’s white-shoe firms. It now has more than 300 lawyers. Firm partner Charlotte Fischman told the Times that in the late 60s, when Cravath announced that it was doubling the salary of first-years to about $15,000, Kramer matched it. (By the time the Law Blog joined Kramer Levin, Kramer had left the firm and had become a money manager.)

    Kramer’s brother Larry Kramer is the famed playwright and AIDS activist. Their relationship was the subject of this 2006 front-page article in the NYT. Indeed, Kramer Levin’s leading pro bono program has been very active in the fight for gay rights.

  • Full post as published by Law Blog - WSJ.com on February 01, 2008 (boomark / email).

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