Title: Retired Partner
Company: Covington & Burling LLP
Location: Washington D.C., United States
William Waddington Chip, Esq., Retired Partner at Covington & Burling LLP, has been recognized by Marquis Who’s Who Top Lawyers for dedication, achievements, and leadership in international tax law.
When Mr. Chip was an undergraduate at Yale College, he needed to work part-time to help pay for his tuition. One of his jobs was working at the Yale Law School library, where he came to know a number of law students, whose ideals and ambitions sparked his interest in someday studying law himself. In 1971 Yale University awarded Mr. Chip a Bachelor of Arts degree in Political Science and Economics, magna cum laude, Phi Beta Kappa. Yale also awarded him a Mellon Fellowship to study for two years at Clare College, Cambridge University, which in 1973 awarded him a Master of Arts degree in Economics with first class honors. Mr. Chip then joined the U.S. Marine Corps, serving until 1976 and attaining the rank of captain. Upon completion of his military obligation, he enrolled in Yale Law School, where he was an editor of the Yale Law Journal and was awarded him a Juris Doctorate in 1979.
Upon graduation from law school, Mr. Chip became an associate with Ivins, Philips & Barker, which promoted him to partner in 1985. A year later he was recruited by Cadwallader, Wickersham & Taft to assist retired IRS Commissioner Donald Alexander in his tax legislative practice, after which he served for six years as a tax partner with Sutherland, Asbill & Brennan. Like many international tax lawyers of his generation, Mr. Chip was recruited in 1995 by a “Big Four” accounting firm (Deloitte & Touche), where he helped lead the firm’s emerging transfer pricing practice. Mr. Chip retired from Deloitte in 2004 in order to return to law practice as a partner at Covington & Burling, from which he retired in 2019.
Notwithstanding a rigorous professional career, Mr. Chip made time to give back to his community, providing pro bono legal advice to impoverished citizens and immigrants through the Catholic Charities Legal Network of the Archdiocese of Washington, DC. He also served for a number of years as General Counsel to the National Football League Alumni and to the Marine Toys for Tots Foundation, each of which was dedicated to improving the lives of underprivileged children. As a testament to his services to the Marine Toys for Tots program, Mr. Chip received a Citation for Meritorious Public Service from the Commandant of the Marine Corps in 2006 and a Distinguished Public Service Award from the Secretary of the Navy in 2018. Mr. Chip currently serves on the boards of the Marine Toys for Tots Foundation and the Center for Immigration Studies.
Mr. Chip is proud of his heritage. His paternal grandfather rose from a Pennsylvania coal mine to become middleweight boxing champion of the world. Mr. Chip’s father played quarterback at the U.S. Naval Academy before joining the Marine Corps to serve in WWII, Korea, and Vietnam, retiring as a Major General in 1974. Like his father and paternal grandfather, Mr. Chip was raised in the Roman Catholic faith, serving as an altar boy and attending Catholic schools through the 10th grade. He was married in the church to Sylvia Martin Moreno, a Mexican citizen whom he met at Clare College. He is a member of the John Carroll Society and a contributor to the Catholic magazine First Things.
Mr. Chip is listed in the 2nd and 3rd edition of Who’s Who of Emerging Leaders in America and the 5th edition of Who’s Who in American Law. In 2020, Mr. Chip was honored as an Albert Nelson Marquis Lifetime Achievement Award recipient. More information about his selection for this accolade can be found on his Press Release.
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