Cravath, Swaine & Moore Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Cravath, Swaine & Moore LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Cravath, Swaine & Moore LLP

  • Designation: New York
  • Head Count: 442
  • Gross Revenues: $648,000,000
  • Revenue Per Lawyer: $1,465,000
  • Profits Per Partner: $3,365,000
  • Year Over Year Change: 0

Cravath, Swaine & Moore is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Cravath, Swaine & Moore has 430 attorneys and is the 104th largest firm in the United States.  With $614,000,000 in gross revenue in 2013, the firm placed 52nd on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 Global 100 survey, Cravath, Swaine & Moore ranked as the 61st highest grossing law firm in the world.  The firm has offices in NY.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 52 0 Gross revenue
Am Law 200 52 0 Gross revenue
NLJ 250 104 -8 Lawyer head count
The A-List 30 21 Overall excellence
Pro Bono Scorecard 63 22 Pro-bono commitment
Diversity Scorecard 88 -20 Minority head count
Midlevel Associates Survey 111 -27 Job satisfaction
Summer Associates Survey 77 -26 Summer programs

In the News

A Long Road Back to Cravath

Brian Baxter : The Am Law Daily : May 21, 2015

Cravath, Swaine & Moore, which experienced a rare lateral partner departure earlier this month, has brought back a former associate in Joseph Adams. Most recently the managing partner of Crowell & Moring's New York office, Adams returns to Cravath as a senior attorney in its corporate group.

Wrongfully Imprisoned Man Settles Claims for $2.75M

Ben Bedelll : New York Law Journal : May 21, 2015

Kareem Bellamy, who spent 14 years in prison before his 1994 conviction for a murder in Queens was overturned, was awarded $2.75 million Wednesday when a judge approved a settlement of Bellamy's wrongful prosecution claims.

Dorsey & Whitney Adds Hong Kong Partner

Anna Zhang : The Asian Lawyer : May 15, 2015

High yield bond specialist Joe Sevack joins the firm from Troutman Sanders.

Cravath Gets It Right, Again

Steven J. Harper : The Am Law Daily : May 15, 2015

There's more to the firm's latest lateral partner move than meets the eye.

Decade-Old Vioxx Investor Class Action Moves Forward

Scott Flaherty : The Litigation Daily : May 14, 2015

The case, which dates back to 2004, has been pending for twice as long as Merck's blockbuster painkiller was offered for sale.

Deal Watch: Weil, Wachtell Dial Up for Verizon's $4.4 Billion AOL Buy

Jennifer Henderson : The Am Law Daily : May 14, 2015

Verizon Communication Inc. cites AOL Inc.'s market success in digital content and advertising platforms as reasons behind the purchase. Also in this week's roundup of deals worth $1 billion or more: Williams' acquisition of its master limited partnership Williams Partners in an all-stock deal valued at $13.8 billion, led by Gibson Dunn and Baker Botts.

Merck Bid to Stifle Vioxx Shareholder Suit Denied

Charles Toutant : New Jersey Law Journal : May 14, 2015

A federal judge in Newark has denied a motion by Merck & Co. to dismiss multidistrict litigation brought by shareholders who claim they were misled about cardiovascular risks of the company's painkiller Vioxx, but one claim against the drugmaker was trimmed.

Derivative Suit Against DuPont Over Monsanto Deal Tossed

Gina Passarella : Delaware Business Court Insider : May 13, 2015

Simply disagreeing with a company's rationale in deciding not to file suit over a failed business and litigation strategy was not enough to sustain a shareholder derivative action in a suit that involved a $1.2 billion jury verdict and findings of vexatious conduct by DuPont, the Delaware Court of Chancery has ruled.

Accounting Firm's Legal Arm Expands in London, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : May 13, 2015

EY Legal, the legal services unit of accounting giant Ernst & Young, launches a financial regulatory practice in London with 12 lawyers from two Am Law 100 firms; Foley Hoag opens in New York; a senior Wilmer partner goes in-house; a Cravath partner departs; more machinations at McKenna Long & Aldridge; and other notable additions from throughout The Am Law 200.

How David Boies Became the Best Friend and Worst Enemy of Big Business

: Bloomberg : May 13, 2015

For three decades—at least since a June 1986 New York Times Sunday Magazine cover story anointed him "The Wall Street Lawyer Everyone Wants"—Boies has reigned as the country's premier litigator.

Levin Leaves Cravath for Jenner Block

Andrew Denney : New York Law Journal : May 12, 2015

Prominent bankruptcy attorney Richard Levin, a primary author of the 1978 U.S. Bankruptcy Code, is leaving Cravath, Swaine & Moore after nearly eight years. Levin, 64, said he is leaving Cravath because of its mandatory retirement age of 65.

The American Lawyer Announces Transatlantic Legal Awards Finalists for 2015

Brian Baxter : The Am Law Daily : May 12, 2015

The American Lawyer announced this week the finalists of its 2015 Transatlantic Legal Awards. These awards recognize law firms for excellence in handling transatlantic matters across the key areas of corporate, finance and disputes, as well as highlighting law firm innovation, commitment to pro bono, outstanding transatlantic strategy and in-house leaders.

Cravath Bankruptcy Partner Departs for Jenner & Block

Nell Gluckman : The Am Law Daily : May 11, 2015

In a rare lateral move, Richard Levin is leaving Cravath, Swaine & Moore after almost eight years to join Jenner & Block's restructuring practice. Levin was an author of the 1978 U.S. Bankruptcy Code and recently helped save the Detroit Institute of Arts during the Motor City's historic bankruptcy proceedings.

2015 Rising Stars

: New York Law Journal : May 11, 2015

The New York Law Journal congratulates the 50 young lawyers chosen as 2015 Rising Stars by a panel of 24 esteemed judges.

Houston Lawyer Leads Quanta Services' Team on $1B Deal

Brenda Sapino Jeffreys : Texas Lawyer : May 08, 2015

Shelton Vaughan, a partner in Duane Morris in Houston, leads a team representing Quanta Services' pending sale of its fiber optic licensing operations to Crown Castle International Corp.

Another Colossal Lateral Mistake

Steven J. Harper : The Am Law Daily : May 08, 2015

Most lateral hiring mistakes get shoved under big law firm rugs, but this one won't fit there.

Am Law 100 Analysis: The Year's Hottest Markets

Drew Combs : The American Lawyer : May 08, 2015

Most Am Law 100 firms had solid results in 2014, but some sector bets paid off especially well.

Morning Wrap: Mylan v. Kirkland & Ellis

Jenna Greene : Legal Times : May 06, 2015

What's behind Mylan's lawsuit against Kirkland & Ellis; a real-life Shawshank Redemption; Questions about another auto safety recall. This is a round up of legal news from ALM publications and around the web.

Accenture Elevates GC to CEO, Names New GC

Sue Reisinger : Corporate Counsel : May 05, 2015

When Julie Spellman Sweet was hired in 2010 as general counsel of Accenture, company officials told her they wanted her business judgment as well as legal skills. And they meant it.

Injunction Issued Against AmEx Anti-Steering Rules

Andrew Keshner : New York Law Journal : May 05, 2015

American Express cannot impede merchants from expressing preferences or offering incentives for consumers to use certain cards, a judge decided after already determining the company violated antitrust laws with its anti-steering rules.

Kirkland Looks to Gibson Dunn in Mylan Conflicts Case

Scott Flaherty : The Litigation Daily : May 05, 2015

The firm has tapped Kevin Rosen, the chair of Gibson Dunn's law firm defense group, to contest claims that it ignored a conflict of interest when it agreed to advise Teva in its hostile takeover bid for Mylan Inc.

A Challenging Year at Cadwalader

Susan Beck : The American Lawyer : May 03, 2015

The sudden exit of its future leader plus disappointing financials put The Am Law 100's oldest firm to the test.

She's Official

Katelyn Polantz : Corporate Counsel : May 01, 2015

Former Google IP head replaces chief who left two years ago.

Deal Watch: Skadden, Kirkland Advise on $4 Billion Outsourcing Company Merger

Jennifer Henderson : The Am Law Daily : April 30, 2015

A merger between a pair of international outsourcing and consulting companies tops the list of billion-dollar deals this week, with Paris-headquartered Capgemini agreeing to acquire iGate, based in Bridgewater, New Jersey, for $4 billion.

Am Law 100 Analysis: The Superrich Firms Pull Away

Chris Johnson : The American Lawyer : April 27, 2015

It was a year of solid gains for The Am Law 100, especially for a burgeoning group of top firms.

Big Deals

Jennifer Henderson : The American Lawyer : April 27, 2015

The Am Law 100: Introducing Our New Profits Metric

Chris Johnson : The American Lawyer : April 27, 2015

To help add context to our reporting on law firm profits, this year's Am Law 100 report adds a new metric, profits per lawyer.

In Replay of FHFA Appeal, Banks Urge Second Circuit To Topple FDIC Claims

Scott Flaherty : The Litigation Daily : April 27, 2015

Can Sullivan & Cromwell's Bob Giuffra succeed where his predecessors failed?

McKenna Long Tax Chief Departs, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 26, 2015

The head of McKenna Long & Aldridge's national tax group leaves ahead of a merger with global legal giant Dentons; Arnold & Porter and Cozen O'Connor both make bulk hires from smaller firms; a Jones Day bankruptcy baron returns; and other notable moves from throughout The Am Law 200.

Top Activist Lawyer Lands on a New Team

Brian Baxter : The Am Law Daily : April 25, 2015

Morgan Stanley has hired Schulte Roth & Zabel's David Rosewater, co-head of the firm's global shareholder activism practice, to lead its activist defense group. But Rosewater, who previously worked at Cravath, Swaine & Moore, won't be fighting Marty Lipton's war.