Skadden is one of the most profitable and well-known law firms in the world. It was the first law firm to report $1 billion in annual revenue, now an industry brass ring. While the company is best known for its M&A capabilities, it is one. As a global giant, Dentons offers lawyers a variety of opportunities to advance in their legal careers. Strong mentoring complements the initial responsibilities, and many employees envision a long-term career within the company. More than 12,000 Dentons lawyers work in 40 practice areas across 24 different industries, including energy, financial institutions, government, life sciences and healthcare, manufacturing, private equity, real estate, technology and transportation. Meet the new law firms at Am Law 200 – and get a glimpse of how each one performs in the second cent in 2020. Of course it is. Here`s what Mary Kate Sheridan, Vault`s Chief Legal Officer, had to say about Cravath`s ranking in the latest rankings: “Cravath and Prestige go hand in hand, with the firm consistently topping the Vault Law 100 year after year and also in the top 10 in several practice area rankings. including the first position in the general practice of enterprises. When Cravath speaks, other companies follow. The company has been setting industry standards for hiring and compensation for years, and while it`s not the first to move, Cravath`s decision to join is impacting the market — as with this year`s compensation and special rewards announcements.
Morgan Lewis has diversified from its Philadelphia roots to build a global network of lawyers in 31 offices ranging from Boston to Singapore and San Francisco to Dubai. Morgan Lewis is active in the energy, financial services, healthcare, life sciences, retail, sports, technology and transportation sectors and has a diverse background. The firm has four core practices: business management, financial management and investment management; Ip; work, employment and social benefits; and litigation, settlements and investigations. A V20 law firm, Ropes & Gray, has a seat at the table of the most elite law firms. The firm is recognized for its private equity activities as well as its overall strength in the areas of legal practice. Training and mentoring are key to the company`s collaborative culture, which has no room for egos. With 11 offices in the United States, Europe and Asia, Ropes & Gray is an international company that prides itself on providing cutting-edge work. The firm consistently leads the legal industry, helping clients in complex and highly regulated industries such as wealth management, healthcare, life sciences, private equity and technology. Biglaw, Prestige, Rankings, Vault 100, Vault Ranking When the pandemic hit last spring, the legal industry faced a number of significant challenges and cautiously ventured into the unknown. Now, more than a year into the pandemic, it`s clear that the nation`s largest law firms have shone in the face of an unprecedented crisis, with revenue growth of 6.6%, revenue per lawyer of 4.8%, and profit per partner of 13.4%.
As one of the most renowned law firms, Sullivan & Cromwell takes a generalist approach that allows lawyers to work across all sectors and groups. With a strong focus on mentorship and career guidance, S&C is committed to helping its lawyers prepare for their future. As a legal giant, Sullivan & Cromwell has continued – if not created – the model of legal success: it has grown internationally and in response to the growing demands for cross-border mergers and acquisitions, restructuring and financial transactions of the world`s largest corporate clients. With more than 1,600 lawyers in 10 countries, Gibson Dunn & Crutcher is a force. As one of the best law firms in the country, Gibson Dunn is known for its litigation and litigation work, especially for its busy appellate litigation. Simpson Thacher & Bartlett is a long-time Wall Street workaholic, home to elite teams in mergers and acquisitions, banking, capital markets and securities law. However, the firm is slightly more versatile than many of its competitors and has impressive capabilities in private equity, litigation and intellectual property. In the 1980s and 1990s, the firm developed one of the world`s leading M&A practices with unique strength in private equity buyouts.
In recent years, Simpson Thacher has represented JPMorgan, Lehman Brothers, Goldman Sachs, Wachovia, UBS and Travelers. Private equity clients include Kohlberg Kravis Roberts (KKR) and The Blackstone Group, as well as First Reserve, Silver Lake Partners and Hellman & Friedman. As Texas` oldest major law firm, Baker Bott`s lawyers offer access to a variety of high-level legal work — the icing on the cake is that everything happens in a collegial environment that fosters authentic friendships and organic mentorship. Baker Botts is perhaps best known for his practice in the fields of energy and natural resources. The company ranks first in the Vault Energy, Oil & Gas rankings – and for good reason. The firm has handled more than 3,700 such issues worldwide over the past decade and advises on issues related to oil, natural gas, liquefied natural gas, coal and renewables. What interests employees of large law firms more than money? Prestige, of course. But at the end of the day, sometimes it is enough to play a leadership role in terms of compensation to enhance a company`s prestige. Luckily, the closely watched Vault 100 rankings are there to remind lawyers from the country`s largest law firms who are considered the most prestigious. As a leader in insolvency and restructuring, Weil is a versatile superstar with a name that will shine on any resume. The company is well suited for team players who like to socialize and aren`t afraid to roll up their sleeves and work hard. The firm has pioneered key areas of law such as corporate governance, private equity, insolvency and restructuring.
With approximately 1,100 lawyers, the firm has offices on three continents and six countries and remains one of the strongest law firms in the world. With an impressive global presence and a world-class client list, Sidley is the crème de la crème when it comes to law firms. Come for the demanding work and stay for the polite and friendly atmosphere of the Midwest – as well as a genuine commitment to building a diverse and inclusive workplace. Sidley is a global leader with approximately 2,000 lawyers in 20 offices. The company has a long list of clients in a number of industries, including banking, energy, healthcare, insurance, life sciences and technology. The firm`s work in complex transactions and litigation is supported by exceptional regulatory experience, and the firm includes many former public servants in Europe, the United States and China. As an elite company, Willkie looks for the best talent, but the company is careful to hire only those who make a positive contribution to the culture. Employees rave about many aspects of the business, but good compensation is clearly a forerunner when it comes to benefits.
Willkie, one of New York`s elites, is home to more than 750 lawyers. In addition to its headquarters in the Big Apple, the company has offices in Chicago, DC, Houston, Palo Alto and San Francisco, as well as six locations across Europe. The firm is known for its work in the areas of antitrust, insurance, mergers and acquisitions, private equity, restructuring and securities litigation. As a global force, it`s no surprise that Clifford Chance is looking for candidates with international ambitions and foreign language skills. This Magic Circle company offers a welcoming culture and interesting work and truly supports pro bono and diversity. Today, Clifford Chance has 32 offices in key markets in the Americas, Asia Pacific, Europe, the Middle East and Africa, and enjoys a particularly strong reputation in the financial sector. The firm has extensive experience in a wide range of practice areas and industries, including banking and finance, capital markets, corporate law, litigation and dispute resolution, real estate and tax pension plans, and employment. The great resignation of partnersWhat are the main priorities for partners who want to make their next career decision? What is most important when choosing your next law firm? Discover our views on this key topic that has revolutionized the U.S. legal market.