Skadden was founded in New York in 1948 by Marshall Skadden, Les Arps, and John Slate. Joe Flom joined as its first associate that year, and Bill Meagher joined in 1959. The firm's history connects its growth to proxy contests and the development of the modern mergers and acquisitions market.
Its willingness to handle proxy fights in the 1950s and 1960s helped position the firm for the hostile takeover activity that followed in the 1970s. Alongside that work, Skadden developed complementary litigation, tax, and antitrust practices. Expansion into additional cities began in 1973 as client needs and transaction activity grew.
For students, this history explains the relationship between the firm's corporate identity and its broader services. A contested transaction can require deal counsel, courtroom advocacy, and tax or competition analysis at the same time. Skadden's development illustrates how those disciplines became connected within a firm serving clients on complex business problems.