Vault top Law Firm 5
Cravath, Swaine & Moore LLP
With an illustrious history dating back to 1819, Cravath remains a leanly staffed, relatively small firm with headquarters in New York City and only one other small London office (and plans to open a DC office in the fall of 2022). Associates have no billable hour requirement yet bill among the highest hours of any top firm. Often described as “sink or swim,” the firm utilizes a unique work rotation system that lends itself to smaller, cooperative teams, close mentoring, substantial responsibility, and quick learning for associates.
Wachtell, Lipton, Rosen & Katz
M&A giant and leader of the New York legal market, Wachtell Lipton is one of the most elite law firms in the industry. Known for its high-profile matters and above-market compensation, Wachtell Lipton is home to a passionate group of lawyers who embrace hard work and professionalism. The firm is small by elite, BigLaw standards, which fosters a collegial atmosphere, and has spurned domestic or international expansion by maintaining a sole office in NYC.
Skadden
From M&A to tax, Skadden is a legal powerhouse and mainstay among the most prestigious firms in Vault’s Top 100 ranking. Skadden lawyers are a social bunch who value teamwork and mentorship, while also diving headfirst into complex matters. From New York to Shanghai, the Skadden name is worldwide, with approximately 1,700 attorneys across eight U.S. offices and 13 international offices. Exit opportunities are endless for Skadden attorneys, due to the firm’s strong alumni network and prestigious name. The firm’s commitment to pro bono is unparalleled, with over two million hours dedicated to pro bono over the past 10 years.
Davis Polk & Wardwell LLP
One of the oldest New York-based firms, boasting premier offices in Paris, London, Madrid, Tokyo, Hong Kong, Beijing, and São Paulo, Davis Polk is renowned for its Securities/Capital Markets, Banking & Financial Services, and Securities and IP litigation practices. The firm prides itself on a collegial environment where associates are given the resources and support to learn and excel. Central staffing and lockstep compensation encourage associates to focus on client service and career development above numerical targets.
Latham & Watkins
You know you’ve made it in the legal industry when you’ve landed a spot at Latham. The firm is a global leader across dozens of practice areas, with over 3,000 lawyers in 15 countries, and recruits the best of the best. This globalization allows Latham to service clients with the finest legal resources, regardless of location. Those seeking autonomy to shape their practice plus extensive training and support will be pleased with their opportunities at this legal giant.
