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Jennifer G. Newstead
Ms. Newstead is a partner in Davis Polk’s Litigation Department. She has an international practice representing multinational corporations and financial institutions in a wide range of regulatory, criminal and civil matters. She concentrates in regulatory and white collar criminal investigations involving the FCPA, OFAC sanctions, securities fraud, tax and antitrust issues, and provides related governance and compliance advice. She regularly conducts confidential board-level investigations and provides strategic advice for clients across a range of industries, including financial services, pharmaceutical/life sciences, defense, natural resources and hospitality. Her civil practice includes commercial litigation matters involving securities, M&A and contract issues in federal and state courts.

Ms. Newstead joined Davis Polk after a U.S. Supreme Court clerkship. In 2001, she left Davis Polk to serve as a Deputy Assistant Attorney General at the U.S. Department of Justice (DOJ), where she received the Attorney General’s Award for Exceptional Service. She served as an Associate White House Counsel from 2002 to 2003 and as General Counsel of the White House Office of Management and Budget from 2003 to 2005. She rejoined the firm in 2005.

Work Highlights

  • A leading multinational pharmaceutical company in a joint DOJ-SEC global anticorruption investigation in multiple jurisdictions worldwide
  • The audit committee of a global hospitality company in an internal investigation of FCPA and financial accounting issues
  • A leading multinational bank in a joint investigation by the DOJ, the Manhattan DA, the Federal Reserve Bank and the Treasury Department relating to alleged violations of OFAC sanctions and anti-money-laundering rules
  • A former senior executive of U.K. defense contractor BAE Systems in FCPA investigations by the DOJ and the U.K. Serious Frauds Office
  • A consumer products company on an ongoing basis with respect to FCPA, anti-contraband and anti-money-laundering programs and investigations
  • A special committee of the board of directors of a leading financial services company in an internal investigation in response to a shareholder derivative complaint
  • The Bank for International Settlements in connection with civil litigation arising out of the default by Argentina on debt obligations and related claims
  • Citibank, N.A. in the successful emergency appeal to the Second Circuit of litigation arising out of the Argentine debt default litigation
  • The audit committee of the board of directors of an energy company in connection with an SEC investigation of reserves accounting
  • A leading financial institution in connection with a review of broker-dealer compliance practices relating to alleged mis-selling of financial products
  • A special committee of the board of directors of a consumer corporation in connection with a confidential investigation of the former CEO
  • The audit committee of the board of directors of an energy company in connection with a confidential investigation of a senior officer
  • A leading U.S.-based commercial bank in connection with a civil contract dispute in New York state court
  • A leading health care company in connection with civil and criminal antitrust investigations of alleged price-fixing in the bulk vitamins industry
  • The audit committee of a health care corporation in connection with a review of compliance with Sarbanes-Oxley and NYSE corporate governance standards


  • Named one of Ethisphere's 2013 Attorneys Who Matter
  • Ms. Newstead is a member of Davis Polk’s White Collar Criminal Defense Group, which was named a “White Collar Group of the Year” by Law360 for 2012
  • Recognized as a New York “Litigation Star” – Legal Media Group’s Benchmark Litigation
  • Received the Attorney General’s Award for Exceptional Service, the DOJ’s highest honor, in 2002

Of Note

  • Adjunct Professor of Law, Georgetown University Law Center, 2002
  • Young Leader of the French-American Foundation, 2008-2009
Current Memberships
  • Member and former Secretary, Judiciary Committee of the New York City Bar Association, 2007-present
  • Member, American Bar Association
  • Member, New York City Bar Association
Past Memberships
  • Term Member, Council on Foreign Relations, 2002-2007
  • Executive Branch liaison, Section on Administrative Law and Regulatory Practice, American Bar Association, 2004-2005
  • Executive Committee Member and Treasurer, Yale Law School Alumni Association, 2001-2005

Professional History

  • Partner, Davis Polk, 2006-present
  • General Counsel, White House Office of Management and Budget, 2003-2005
  • Associate White House Counsel, 2002-2003
  • Principal Deputy Assistant Attorney General, Office of Legal Policy, U.S. Department of Justice, 2001-2002
  • Associate, Davis Polk, 1997-2001
  • Law Clerk, Hon. Stephen G. Breyer, U.S. Supreme Court, 1995-1996
  • Law Clerk, Hon. Laurence H. Silberman, U.S. Court of Appeals, D.C. Circuit, 1994-1995