Jay Rakow has enjoyed a distinguished 40-year career as a lawyer, business executive, and CEO of two leading nonprofit organizations, handling billions of dollars of lawsuits as well as billions of dollars in IP licensing and corporate transactions.
Mr. Rakow is most prominently known through his business association with the late, legendary businessman Kirk Kerkorian. He served as an executive at Mr. Kerkorian’s holding company, Tracinda Corporation, and as President of the Lincy Foundation, the philanthropic organization founded by Kerkorian that contributed more than a billion dollars to charities.
Well known in the entertainment industry, Mr. Rakow also served as Senior Executive V.P. and General Counsel of Metro-Goldwyn-Mayer Inc., an NYSE listed company, and before that, Senior V.P. and General Counsel of Paramount Pictures Corp. He was inducted into the Academy of Motion Picture Arts and Sciences in 2004.
Before joining Paramount, Rakow was a Partner in a prominent law firm, concentrating on corporate securities class actions, corporate control contests, and antitrust, contract, copyright, patent and entertainment litigation. He has successfully argued appeals in the U.S. Court of Appeals for the Ninth Circuit, the California Supreme Court and various California Courts of Appeal.
Over the years, Mr. Rakow has served as a mediator or AAA arbitrator in dozens of business disputes.
Rakow also served as CEO of ProCon.org, an acclaimed non-profit, nonpartisan civic education website with more than 26,000,000 annual readers, and continues to serve on their Board. He also was Managing Director of a private equity firm focused on tech-based ventures.
Mr. Rakow is a member of the Board of Trustees of the Friar’s Charitable Foundation. He has taught at Cornell Law School as Distinguished Practitioner-in-Residence and as a judge/instructor at its annual M&A Deal Competition. Mr. Rakow is a member of the California, New York and D.C. Bars.