Ira Millstein
Born
Ira Martin Millstein
NationalityAmerican
EducationColumbia University (BS, JD)
Alma materBronx High School of Science
Occupationlawyer
Known forlongest-practicing partner in big law

Ira Martin Millstein[1] is an American antitrust lawyer, professor, and author.[2][3] He is a senior partner at Weil, Gotshal & Manges and the longest-practicing partner in big law, according to Reuters.[4][5][6]

Biography

Millstein graduated from Bronx High School of Science in 1943.[7] He graduated from Columbia School of Engineering and Applied Science in 1947 and received a J.D. degree from Columbia Law School in 1949.[8][9]

He joined Weil, Gotshal & Manges in 1951 and remained in the firm ever since, celebrating his 70th anniversary in the firm in 2021.[10] During his tenure at Weil, he has counseled the boards of General Motors,[11] General Electric, Westinghouse Electric Corporation, WellChoice, The Walt Disney Company, among others. He also played a role in New York's financial rescue during its fiscal crisis in the 1970s.[12][13][14] Wall Street Journal describes him as one of Wall Street's most powerful lawyers.[15]

He has served as chairman of the antitrust law section of both the American Bar Association as well as the New York State Bar Association. He was also appointed by governor George Pataki to chair a commission that led to the 2009 Public Authorities Reform Act of New York state.[16] He is also a close friend of Ruth Bader Ginsburg, brokering a meeting between Ginsburg and Senator Orrin Hatch that eased her way to a judgeship on the D.C. Circuit.[17]

A proponent of stakeholder capitalism, he helped the Business Roundtable draft its Statement on Corporate Responsibility 1981.[2][18] He also chaired several OECD initiatives and advisory groups on improving corporate governance standards in member countries.[19] He was called, by Institutional Investor, "éminence grise of corporate governance and prime mover of the OECD governance codes."[20]

He is also the founding chair of The Millstein Center for Global Markets and Corporate Ownership at Columbia Law School, which explores how corporate governance should adapt to the changing social norms and pressures.[2] He was a senior associate dean of corporate governance at Yale School of Management.[21]

Millstein was elected a fellow of the American Academy of Arts and Sciences in 1995.[1]

From 1991 to 2000, he was the chairman of the Central Park Conservancy and remains a life trustee.[22][23][24] He is also a board member of the National September 11 Memorial & Museum.[25][26] He was elected chairman of the board of trustees of the Albert Einstein College of Medicine in 2004.[27]

Personal life

He was married to Diane G. Millstein, a city planner who helped Greenwich, Connecticut establish its zoning,[28] until her death in 2010.[29] In 2013, Millstein married Susan Marie Frame.[30] The couple lived in 930 Fifth Avenue.[31]

References

  1. 1 2 "Ira Martin Millstein". American Academy of Arts & Sciences. Retrieved 2022-01-29.
  2. 1 2 3 Ramey, Corinne (2019-11-15). "The Boardroom Sage Who Was Into Good Governance Before It Was Cool". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-01-29.
  3. ↑ Hoque, Imaan, Ira Millstein '43, retrieved 2022-01-29
  4. ↑ Greene, Jenna (2021-11-03). "Exclusive: Law firms with the youngest partners, and the oldest". Reuters. Retrieved 2022-01-29.
  5. ↑ "Ira M. Millstein - Weil, Gotshal & Manges LLP". www.weil.com. Retrieved 2022-01-29.
  6. ↑ Journal, A. B. A. "Which law firms have the youngest and oldest partners?". ABA Journal. Retrieved 2022-01-29.
  7. ↑ "Ira Millstein '43". bxscience.edu. Retrieved 2022-01-29.
  8. ↑ "Ira Millstein | Millstein Center". millstein.law.columbia.edu. Retrieved 2022-01-29.
  9. ↑ McCaughey, Robert (2014-06-03). A Lever Long Enough: A History of Columbia's School of Engineering and Applied Science Since 1864. Columbia University Press. ISBN 978-0-231-53752-0.
  10. ↑ "In 70 Years at Weil, Antitrust Partner Millstein Has Seen Legal Business Transform". The American Lawyer. Retrieved 2022-01-29.
  11. ↑ Glater, Jonathan D. (2008-12-13). "The Man Who Is Unwinding Lehman Brothers". The New York Times. ISSN 0362-4331. Retrieved 2022-01-29.
  12. ↑ Leland, John (2016-06-23). "Society to House Papers of Felix Rohatyn, Hero in New York's Financial Rescue". The New York Times. ISSN 0362-4331. Retrieved 2022-01-29.
  13. ↑ "The Night New York Saved Itself from Bankruptcy". The New Yorker. 2015-10-16. Retrieved 2022-01-29.
  14. ↑ Roberts, Sam (2013-07-25). "When New York Teetered on the Brink of Bankruptcy". City Room. Retrieved 2022-01-29.
  15. ↑ Street Journal, Susanne Craig and Paul BeckettStaff Reporters of The Wall (2002-06-20). "Ira Millstein Got Burned Trying to Broker Peace". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-01-29.
  16. ↑ "Public Authorities Reform Act of 2009 Takes Effect". NY State Senate. 2010-03-05. Retrieved 2022-01-29.
  17. ↑ Propper, David. "When RBG's 1980 nomination for the federal bench was in doubt, this Mamaroneck attorney got involved". The Journal News. Retrieved 2022-01-29.
  18. ↑ "Opinion | Stakeholder Capitalism Is Slowly Advancing". Wall Street Journal. 2021-08-23. ISSN 0099-9660. Retrieved 2022-01-29.
  19. ↑ "OECD Secretary General announces launch of a high-level business group initiative to promote better boardroom practices. - OECD". www.oecd.org. Retrieved 2022-01-29.
  20. ↑ "Big Asset Shift of Japan's GPIF Is Secret Weapon of Abenomics". Institutional Investor. Retrieved 2022-01-29.
  21. ↑ "Yale School of Management Renames Corporate Governance Center in Honor of Ira M. Millstein; Announces The Millstein Center for Corporate Governance and Performance | Yale School of Management". som.yale.edu. Retrieved 2022-01-29.
  22. ↑ "Weil's Ira Millstein Honored for Role in Revitalizing NY's Central Park - Awards and Recognitions - Weil, Gotshal & Manges LLP". www.weil.com. Retrieved 2022-01-29.
  23. ↑ "Lower Manhattan Development Corporation - ATTORNEY IRA M. MILLSTEIN TO JOIN LOWER MANHATTAN DEVELOPMENT CORPORATION AS COUNSEL TO THE BOARD". www.renewnyc.com. Retrieved 2022-01-29.
  24. ↑ Chang, Sophia (2021-04-09). "Central Park Conservancy Wants To Take Over Wollman Ice Rink". Gothamist. Retrieved 2022-01-29.
  25. ↑ "Ira M. Millstein | National September 11 Memorial & Museum". www.911memorial.org. Retrieved 2022-01-29.
  26. ↑ Bagli, Charles V. (2012-09-08). "Dispute Over Costs Delays Opening of 9/11 Museum". The New York Times. ISSN 0362-4331. Retrieved 2022-01-29.
  27. ↑ "Ira M. Millstein, Attorney and Expert in Corporate Governance, Elected Chairperson of the Board of Albert Einstein College of Medicine; Michael F. Price, Mutual Funds Pioneer, Elected Chair of Executive Committee". Albert Einstein College of Medicine. Retrieved 2022-01-29.
  28. ↑ Oser, Alan S.; Times, Special To the New York (1982-04-30). "ABOUT REAL ESTATE; TOWN HOUSE DEVELOPMENT GOING UP IN MAMARONECK". The New York Times. ISSN 0362-4331. Retrieved 2022-01-29.
  29. ↑ "Paid Notice: Deaths MILLSTEIN, DIANE G". query.nytimes.com. Retrieved 2022-01-29.
  30. ↑ Mallozzi, Vincent M. (2013-11-10). "Daughter Knows Best". The New York Times. ISSN 0362-4331. Retrieved 2022-01-29.
  31. ↑ Gould, Jennifer (2021-10-06). "Top attorney Ira Millstein puts NYC home on market for bargain $2.3M". New York Post. Retrieved 2022-01-29.
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