FacultyFaculty/Author Profile

Richard B. Friedman

McKenna Long & Aldridge LLP

New York, NY, USA


Richard B. Friedman
Partner - New York

Experience

Richard B. Friedman is an experienced trial lawyer who handles complex commercial, employer services, and real estate litigation, arbitration, and mediation matters for public and closely held corporations in New York federal and state trial and appellate courts and other venues. His practice includes matters concerning employee disloyalty, faithless servant doctrine, and fiduciary duty issues involving employees and shareholders. Mr. Friedman has a particularly active practice in the New York County Commercial Division. He is one of a dozen or so lawyers appointed by the Chief Administrative Judge to the Court's Advisory Committee on which he serves with the nine judges.

Mr. Friedman's recent cases have involved:

  • Alleged breaches of fiduciary duties by employees and shareholders;
  • Contract disputes and business torts;
  • Real estate-related issues; and
  • Enforcement of substantial monetary judgments.

As a former senior in-house litigator and the former owner of a legal cost management company, Mr. Friedman is extremely sensitive to client fee issues. He is co-chair of the Litigation Department’s Alternative Fee Arrangements Committee and was instrumental in the rollout of MLAdvantage, a practice philosophy that emphasizes delivering superior value to clients within certain timing and budget parameters using legal project management, knowledge management, professional development, enhanced technology, resource management, alternative fee arrangements, and direct cost containment. In addition, as the co-founder and co-chairman of the In-house/Outside Counsel Committee of the New York County Lawyers’ Association and the former founding co-chair of similar committees of the New York State Bar Association and the New York City Bar Association, Mr. Friedman is actively involved in addressing issues that concern in-house counsel and bridging differences between such lawyers and their law firm counterparts.

Notable Engagements

  • Saved a technology company up to $100 million in a landmark case brought by its former chief operating officer seeking to enforce an option agreement by obtaining a favorable decision (after a 41 day trial) as co-lead trial counsel.
  • Successfully defended a national builder of military housing against multimillion dollar claims arising out of a dispute at West Point and obtained a monetary recovery on a counterclaim.
  • Obtained numerous favorable decisions from a New York federal court and the United States Court of Appeals for the Second Circuit on behalf of Pfizer Inc. which was seeking to enforce multimillion dollar judgments.
  • Won a multimillion dollar post-closing arbitration award on behalf of a national paper manufacturing company.
  • Secured breach of contract judgments on behalf of Sony Electronics, Inc. against various entities.
  • Negotiated a favorable settlement through mediation on behalf of a national real estate mortgage brokerage company in a multimillion dollar federal court lawsuit which resulted in no out-of-pocket payment by the client.

Education

  • J.D., University of Chicago Law School
  • B.A., Cornell University, magna cum laude (with distinction in all subjects)

    Bar Admissions

New York

Court Admissions

  • U.S. Court of Appeals for the Second Circuit
  • U.S. Court of Appeals for the Third Circuit
  • U.S. District Court for the Eastern District of Michigan
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York

Practices:

  • Litigation
    • Business Disputes / Commercial
    • Employer Services Litigation
    • Real Estate Litigation
    • Technology Litigation

Industries:

  • Financial Services
  • Real Estate
  • Technology

Professional Activities:

  • Founding Co-chair, In-House/Outside Counsel Committee, New York County Lawyers' Association
  • Member, Advisory Committee, Supreme Court, New York County, Commercial Division
  • Founding Co-chair, In-house/Outside Counsel Litigation Group, New York City Bar Association
  • Member, House of Delegates, New York State Bar Association
  • Member, Executive Committee, Commercial and Federal Litigation Section, New York State Bar Association
  • Member, Committee on Court Structure and Judicial Selection, New York State Bar Association
  • Member, Committee on Membership, New York State Bar Association
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