Leading law firm in financial services regulation currently is working at midnight in NYC (live footage captures confirmed)
Edit #3: u/Donkey-Kongs had a pretty good explanation for why they may be working late that should be taken into account when reading this: "Not to steal the 🍌from anyone’s bunch, as someone familiar with this space, working weekends at midnight in the office, especially in NYC, is unfortunately par for the course for any AMLaw 50 firm, and more so for those with global reach. You could also point to the Perkins law firm which is based in Citadel’s offices in Chicago which has a crypto practice. I would be surprised if they didn’t have attorneys working all nighters on weekends as well. Also, the majority of law firms are allowing people to be in office as covid restrictions have eased. And finally, trust Chambers or Legal500 for rankings. USN is considered, by many, a bit lower tier."
Post Starts Here
So based on the great DD done in here already with all the brokers and banks burning the midnight oil, I figured out what I could find. I stumbled upon www.earthcam.com which contains links to hundreds of live cameras across the world. I checked out there Midtown Manhattan one (Link) and noticed a building next to the Chrysler tower that had it's top floors lit up. So let's dig:
https://imgur.com/gallery/kq1RfzV
Just to make sure this wasn't common, I checked the views from 4 and 5 nights ago (see gallery) and you'll notice those floors are completely dark. So there's definitely something weird going on tonight where this building is clearly occupied on the top floors. It's hard to tell which building it is, so I used the daytime feed (also in the gallery) to get a better look at it.
Using Google Maps satellite view, I figured out it was 450 Lexington Ave (Link)
Alright. We have the building, so who are the top floor tenants? Initially all my searches for any addresses on the 35-38 floors came up empty. However, when I searched for Suite 3500 (I found through other searching that the official addresses are suites and based on the floor) I came across this lawyer directory. The lawyers you see here have addresses as Suite 3500 (35th floor), and link to www.dpw.com. On we go!
So who is dwp.com? None other than DavisPolk & Wardell. Alright so we have the lawyers, working at midnight on a Sunday night, during COVID. Who is this law firm exactly? Does this relate to us at all?
This is where it gets crazy. Check out in that link what one of the two categories they were named Law Firm of the Year in: financial services regulation. This is the firm that represented the US Treasury Department and Federal Reserve Bank of NY during the 2008 financial crisis. So maybe they're on the good side? Not so fast. They're also well lauded for their white collar criminal defense practices.
TL;DR
Towercam footage shows elite financial services law firm known for their work in financial services regulation is currently working in all three floors of it's Manhattan office at midnight on a Sunday, which is abnormal for them
Edit: More information on their white collar defense work https://www.davispolk.com/practices/litigation/white-collar-defense-and-investigations
Edit 2: I originally mistyped the law firm website as www.dwp.com. The correct url is www.dpw.com, and is fixed in the post (this is the URL associated with the lawyers in the lawyer directory)
Posted Apr 19, 2021, 4:25 AM UTC · edited