Strategic Research Sponsor of the American Bar Association's Section of International Law
Richard G Parker
Office:
1625 Eye Street NW
20006
City:
Washington
State:
District of Columbia
Country:
USA
Tel:
+1 202 383 5380
Fax:
+1 202 383 5414

Questions and Answers:

Who's Who Legal Thought Leaders - Competition: Lawyers

Rich Parker, one of the foremost antitrust lawyers in the United States, is both a trial lawyer and an antitrust regulatory lawyer. As co-chair of O’Melveny’s antitrust and competition practice, he has achieved numerous victories for clients both before enforcement agencies and in the courts. He has been involved in many major antitrust representations, including criminal, merger and government civil investigations, as well as class action litigation and regularly represents clients before the FTC and the Department of Justice’s antitrust division.

WHAT MOTIVATED YOU TO PURSUE A CAREER IN ANTITRUST LAW?

I was assigned to a major antitrust case on the day I started with the firm. Four years and two jury trials later, I was convinced that antitrust was a good choice for me.

HOW HAS YOUR TIME AT THE FTC HELPED YOU IN YOUR CAREER IN PRIVATE PRACTICE?

My FTC experience has been pivotal in my career. It was a three-year total immersion in antitrust at the hands of a staff of genuine experts. My government experience materially enhanced my knowledge of antitrust analysis and doctrine, plus it showed me how government lawyers think and work.

WHAT QUALITIES MAKE A SUCCESSFUL ANTITRUST LAWYER?

The best quality of an antitrust lawyer is the ability to simplify and explain complex matters to regulators and courts. Honesty, ethics and professionalism are also essential.

WHAT ARE THE MAIN CHALLENGES FACING US ANTITRUST LAWYERS AT THE MOMENT?

The same challenges facing all lawyers, no matter the discipline: competing in a difficult and ever-changing legal environment.

AS CO-CHAIR OF THE FIRM’S ANTITRUST AND COMPETITION PRACTICE WHAT ARE YOUR MAIN PRIORITIES IN TERMS OF ITS DEVELOPMENT AT THE MOMENT?

Continue to hire and develop the very best talent.

HOW IMPORTANT IS MAINTAINING A GOOD WORKING RELATIONSHIP WITH THE COMPETITION AUTHORITIES KEY TO A SUCCESSFUL COMPETITION PRACTICE?

Credibility with agencies and courts is the bedrock of success. Period.

HOW WOULD YOU SAY THE O’MELVENY & MYERS ANTITRUST GROUP STANDS OUT AGAINST COMPETITORS IN THE MARKET?

We have outstanding talent that enables us to compete with anyone and everyone.

WHAT IS THE MOST MEMORABLE MATTER YOU HAVE WORKED ON?

Merger litigation against the DOJ in connection with the US Airways/American Airlines merger. I was privileged to be lead counsel in very interesting litigation in a fascinating industry. More importantly, I have been involved in several death penalty habeas matters. While US/AA was fabulous, and so were a lot of other antitrust cases, the death penalty cases are far more compelling and significant.

Biography:

Who's Who Legal Competition: Lawyers

Rich Parker is one of the foremost antitrust lawyers in the United States, frequently called on by companies to save the day at the eleventh hour. As co-chair of the firm’s antitrust and competition practice, he has achieved numerous victories for clients both before enforcement agencies and in the courts. After Rich served as lead trial counsel and negotiated a very favorable settlement for US Airways that resolved the DOJ’s attempt to block the airline’s merger with American Airlines, Global Competition Review recognised him as “Litigator of the Week” and said, “If O’Melveny & Myers partner Rich Parker wasn’t already the most famous antitrust litigator in America, he probably is now.” Global Competition Review also named the litigation “Antitrust Matter of the Year” and selected Rich as a finalist for “Lawyer of the Year”. 

Rich is both a trial lawyer and an antitrust regulatory lawyer. He has been involved in many major antitrust representations, including criminal, merger, and government civil investigations, as well as class action litigation. He regularly represents clients before the FTC and the Department of Justice Antitrust Division on mergers, conduct investigations, criminal matters, and policy issues.

Rich returned to the firm in February 2001 after three years at the Federal Trade Commission (FTC). During his tenure as director of the Bureau of Competition, he oversaw the investigations of the Exxon-Mobil, BP Amoco/ARCO and AOL/Time Warner mergers. After his return to O'Melveny, Rich led a successful defence, on behalf of Triton Coal, of the Arch Coal/Triton Coal merger against the FTC in federal court. 

WWL says: Richard Parker is a top name in the market, commended for his vast litigation experience and eminent reputation as a “great trial lawyer”.

This biography is an extract from Who's Who Legal: Competition which can be purchased from our Shop.

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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.

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