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- Designation: New York
- Head Count: 472
- Gross Revenues: $666,500,000
- Revenue Per Lawyer: $1,410,000
- Profits Per Partner: $3,555,000
- Year Over Year Change: 2
Cravath, Swaine & Moore is an USA-based law firm. According to the National Law Journal's 2016 NLJ 350 ranking of firms based on size, Cravath, Swaine & Moore has 472 attorneys and is the 95th largest firm in the United States. With $666,500,000 in gross revenue in 2015, the firm placed 50th on The American Lawyer's 2016 Am Law 200 ranking. On the 2014 Global 100 survey, Cravath, Swaine & Moore ranked as the 61st highest grossing law firm in the world. The firm has offices in NY.
In the News
Lizzy McLellan : New Jersey Law Journal : June 28, 2016
The New Jersey-based firm's decision to increase starting salaries to varying levels across its markets was based on the cost of living—and eating a turkey sandwich.
Amanda Bronstad : The National Law Journal : June 27, 2016
Bay Area-based firm cites work in venture funding deals behind 26 percent rise in head count.
Brenda sapino jeffreys : Texas Lawyer : June 27, 2016
Dallas-based Thompson & Knight is the latest large Texas firm to increase base salaries for its U.S. associates.
Katelyn Polantz : The Am Law Daily : June 27, 2016
Washington, D.C.-based BuckleySander told its associates that the firm's salary scale won't change, but midyear bonuses will boost most first-years' pay above $180,000.
Jennifer Henderson : The Am Law Daily : June 27, 2016
While Friday's Brexit vote has likely cast a potential shadow over cross-border M&A activity, a number of timely billion-dollar tie-ups were announced amid the U.K.'s decision to leave the European Union.
Julie Triedman : The Am Law Daily : June 24, 2016
As top transactional lawyers sought to calm nervous clients Friday after Britain's vote to leave the EU, several said that they were bracing for the possibility of a two-year drought in their most highly leveraged, profitable business: advising on cross-border M&A deals.
Jennifer Henderson : Daily Business Review : June 24, 2016
When it comes to matching Cravath, Swaine & Moore's base salary bump for associates — which will see first-years earn $180,000 and eighth-years rake in $315,000 — firms with big Florida bases are a mixed bag, with the definition of "top of market" becoming increasingly nuanced.
Meredith Hobbs : Daily Report : June 23, 2016
After King & Spalding announced a $20,000 pay hike last week for Atlanta associates, Alston & Bird quickly matched—but the rest of Atlanta's big firms are in no hurry to follow.
Rebecca Cohen : The Recorder : June 23, 2016
The IP boutique will pay first-years $180,000 to start.
brenda sapino jeffreys : Texas Lawyer : June 22, 2016
Dallas-based Haynes and Boone announced raises for U.S. associates effective July 1, ranging from a $180,000 starting base salary to $325,000.
Kristen Rasmussen : Corporate Counsel : June 22, 2016
Amid a wave of salary increases for associates at big law firms, midsize and regional firms are eyeing the development as a way to reinforce their long-touted message: We're in tune with the economic realities facing clients and do high-quality work for less money.
Meredith Hobbs : Daily Report : June 21, 2016
Associate salary hikes have made their way to Atlanta with the city's two largest firms increasing compensation for its associates.
Stephanie Forshee : Corporate Counsel : June 20, 2016
General counsel say they don't have strong objections to the recent wave of salary increases for associates at big law firms. But they are concerned about firms raising the hourly rates for work done by associates.
Rose Walker : Legal Week : June 20, 2016
The Magic Circle firm joins the ongoing U.S. associate pay war, announcing pay rise for first-year U.S. associates to $180,000
Anna Zhang and Frances Ivens : The Asian Lawyer : June 20, 2016
While Global firms race to match Cravath's new associate salary scale in New York and the rest of the U.S., they are more cautious when it comes to increasing salaries in Asia.
Mark Stevens, Digital Guardian : Legaltech News : June 17, 2016
These steps will help your firm comply with increasingly complex requirements while protecting sensitive client data from cybercriminals.
Brenda Sapino Jeffreys : Texas Lawyer : June 17, 2016
Houston-based Andrews Kurth is the latest large Texas firm to raise associate salaries to the new, higher market rate set by Cravath, Swaine & Moore.
David Ruiz : The Recorder : June 17, 2016
Some general counsel in Silicon Valley question the need for the recent wave of salary hikes for associates at leading California firms.
Lizzy McLellan : The Legal Intelligencer : June 16, 2016
Dechert has raised its associate salaries across the country, starting at $180,000 for first-year associates.According to a memo obtained by The Legal, the new salary scale will be effective July 1. It includes salary increases for each class of associates, up to $315,000 for eighth-year associates and above.
brenda sapino jeffreys : Texas Lawyer : June 15, 2016
The same week Houston-based Bracewell said it would move to the new Cravath market rate for salaries for its U.S. associates, the firm laid off a group of support staff.
: New York Law Journal : June 15, 2016
Skadden has promoted seven attorneys to counsel, while several other firms announce new additions, including Littler Mendelson, Kramer Levin and Greenberg Traurig.
Brenda Sapino jeffreys : Texas Lawyer : June 14, 2016
Following the market rate set by Cravath, Swaine & Moore, Houston-based Bracewell will raise salaries of U.S. associates on July 1.
Frances Ivens and Anna Zhang : The Asian Lawyer : June 14, 2016
Milbank, Kirkland, Simpson Thacher, Paul Weiss, Weil and Davis Polk have confirmed associates pay increase will include those based in Asia.
Katelyn Polantz : The National Law Journal : June 13, 2016
The firm on Monday became the first of Washington's traditional “Big Four” legal giants to announce that it will hike its base associate salaries to $180,000.
Brenda Sapino Jeffreys : Texas Lawyer : June 13, 2016
Baker Botts, based in Houston, joins Texas firm Vinson & Elkins in raising the base salary for entry-level U.S. associates to $180,000.
Brenda Sapino Jeffreys : Texas Lawyer : June 13, 2016
Locke Lord will move to new $180,000 market base salary rate for beginning associates in large markets as of July 1 and increase to $155,000 in smaller markets.
Jenna Greene : The Litigation Daily : June 11, 2016
Who is IP litigation boutique Desmarais and why are they a new leader in the associate salary wars; Dating tips from the SEC; Gawker goes bust; a hot argument before the Third Circuit
: The Recorder : June 10, 2016
Plus, pay bumps for (some) associates.
Rebecca Cohen : The Recorder : June 10, 2016
It took several days for news of Cravath's associate salary hikes to cause California's largest firms to act.
Brenda Sapino Jeffreys : Texas Lawyer : June 10, 2016
McKool Smith of Dallas and Houston-based Susman Godfrey raise associate salaries in the wake of Cravath, Swaine & Moore's move last week.