1980: The firm opens an office in Washington DC.
1980: Davis Polk lawyers advise Morgan Stanley on the IPO of Apple.
1981: Davis Polk plays an important role in negotiating the financial aspects of the resolution of the Iranian hostage crisis. As leaders in Iran refused to deal directly with governments, international banks and their legal counsel essentially represented the West.
1981: Davis Polk becomes one of the first law firms in the world to roll out a firmwide computer network.
1983: Davis Polk successfully defends Babcock & Wilcox, a designer and manufacturer of nuclear reactors, in a $4 billion suit brought by General Public Utilities as a result of the Three-Mile Island accident.
1986: Retired partner Lawrence Walsh is appointed special prosecutor in the Iran-contra investigation.
1987: Davis Polk opens its Tokyo office after Japan eases its rules on foreigners practicing law in the country.
1987: Davis Polk advises the British government on the $1.9 billion IPO of British Airways. This is the first of several major British privatizations that will be handled by our lawyers, including those of British Telecommunications, British Petroleum and British Gas.