Cravath, Swaine & Moore Law Firm Profile

More Profiles:
Choose A Law Firm

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: 430
  • Gross Revenues: $614,000,000
  • Revenue Per Lawyer: $1,430,000
  • Profits Per Partner: $3,290,000
  • Year Over Year Change: -2

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 2012 Global 100 survey, Cravath, Swaine & Moore ranked as the 59th highest grossing law firm in the world.  The firm has offices in London, NY and Paris.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 52 -2 Gross revenue
Am Law 200 52 -2 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

Noah Phillips

Andrew Ramonas : The National Law Journal : September 15, 2014

Panel Questions Targeted Killings by Drones

Tania Karas : New York Law Journal : September 12, 2014

Experts on international law Wednesday questioned the legality of the U.S. practice of targeted killings by drones and called on the Obama administration to increase transparency around their use.

New Deals

: New York Law Journal : September 11, 2014

Norwegian Cruise Line Holdings has agreed to purchase privately held Prestige Cruises International for $3.03 billion. Also, Amazon.com has announced that it would acquire video game streaming company Twitch Interactive Inc. in a $970 million cash deal.

Del. Judge Blesses Forum Bylaw Aimed at Scuttling M&A Suits

Jan Wolfe : The Litigation Daily : September 09, 2014

Delaware judges aren't exactly known for ceding jurisdiction to other states, especially in shareholder disputes. But a chancery judge ruled that forum selection bylaws are valid even if they're adopted in anticipation of litigation, and even if they designate a Delaware company's out-of-state home turf as the forum.

Cravath Beats Back Xerox Investor Class Action

Jan Wolfe : The Litigation Daily : September 08, 2014

Despite some regrettably worded internal communications it produced during discovery, Xerox Corporation has finally killed off a class action alleging it overstated the cost-saving benefits of its big corporate reorganization in 1998.

Personal Notes on Lawyers

: New York Law Journal : September 08, 2014

Four firms have added partners and others have added counsel.

Experts Weigh Benefits to Cuomo of Graffeo Reappointment

John Caher : New York Law Journal : September 05, 2014

Will Gov. Andrew Cuomo seize the chance to return the Court of Appeals to Democratic control, even if it means denying reappointment to a widely respected Republican judge?

Candidates in Brief

John Caher : New York Law Journal : September 05, 2014

The state Commission on Judicial Nomination has presented Gov. Andrew Cuomo with seven candidates for the Court of Appeals position that becomes vacant when Senior Associate Judge Victoria Graffeo's term expires at the end of November. The candidates are:

Seven Names Sent to Cuomo for Court of Appeals Seat

Joel Stashenko and John Caher : New York Law Journal : September 04, 2014

Seven candidates, including the incumbent Judge Victoria Graffeo, are on a list of names released Wednesday from which Gov. Andrew Cuomo must select one nominee for the next opening on the state Court of Appeals.

No Escape for Banks in Credit Default Swap Antitrust Case

David Bario : The Litigation Daily : September 04, 2014

Institutional investors represented by Quinn Emanuel and Pearson, Simon & Warshaw cleared a major hurdle on Thursday, when a judge refused to toss most of a multibillion-dollar class action targeting top international investment banks.

Am Law Trio Smooths Waters for Norwegian Cruise Acquisition

Valori Corral-Nava : The Am Law Daily : September 03, 2014

Weil, Paul Weiss and Cravath advised on the $3.03 billion sale of Prestige Cruises International to Norwegian Cruise Line Holdings as it looks to become the next big name in luxury ocean cruises.

Weil Hires in Dallas, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : September 02, 2014

Weil, Gotshal & Manges, which experienced an exodus of partners in Dallas last year, has made a key corporate hire in the city. The Am Law Daily looks at that move as well as more departures from Bingham McCutchen and Kirkland & Ellis, tie-ups by DLA Piper and Hinshaw & Culbertson and some prominent lawyers leaving public service in our latest look at notable hires from throughout The Am Law 200.

Scheindlin Dismisses Claims Ford and IBM Aided Apartheid

Mark Hamblett : New York Law Journal : September 02, 2014

"That these plaintiffs are left without relief in an American court is regrettable," Judge Shira Scheindlin said, but she was "bound to follow" recent interpretations of the Alien Tort Statute by the U.S. Supreme Court and the Second Circuit "no matter what my personal view of the law may be."

Scheindlin Tosses Claims That Ford and IBM Aided Apartheid

Mark Hamblett : New York Law Journal : September 01, 2014

Manhattan U.S. District Judge Shira Scheindlin called it "regrettable" that the plaintiffs are left without relief, but she said she was bound to follow the Supreme Court's and the Second Circuit's interpretation of the Alien Tort Statute, "no matter what my personal view of the law may be."

September 2014 Deals & Suits

: Corporate Counsel : September 01, 2014

Going Up

: Corporate Counsel : September 01, 2014

A new GC takes the American Express elevator to the top; and other Moves.

Detroit Bankruptcy Trial Steps Into Uncharted Territory

Susan Beck : The Am Law Daily : August 30, 2014

The city's proposed plan to emerge from the biggest municipal bankruptcy is fraught with complexities. Among the issues to be argued by several Am Law firms during the six-week trial, which begins Tuesday, is whether securities holders insured by Syncora Guarantee Inc. are getting their fair share.

Detroit Bankruptcy Trial Steps into Uncharted Territory

Susan Beck : The Am Law Daily : August 30, 2014

The city's proposed plan to emerge from bankruptcy is fraught with complexities. Among the issues to be argued by several Am Law firms during the six-week trial, which begins Tuesday, is whether securities holders insured by Syncora Guarantee Inc. are getting their fair share.

New Deals

: The Am Law Daily : August 28, 2014

Burger King Worldwide Inc. and Canadian chain Tim Hortons Inc. have agreed to an $11.4 billion tie-up that would send the combined company's headquarters north in what may be the most visible corporate tax inversion yet. Also, Roche Holding announced Monday its $8.3 billion acquisition of InterMune, a suburban San Francisco-based company lung disease drug developer.

Amid Snapchat's Rise, Legal Advisers Abound

Brian Baxter : The Am Law Daily : August 28, 2014

The Silicon Beach photo messaging service Snapchat was valued at $10 billion this week following an investment from venture capital firm Kleiner Perkins Caufield & Byers. Behind the startup's rapid rise to fame are a handful of firms, including Cooley, which does most of Snapchat's outside legal work, and others like Perkins Coie and Quinn Emanuel Urquhart & Sullivan. Snapchat CEO Evan Spiegel is the son of two lawyers with Am Law 100 ties.

Twenty-Five Things Your Associates Want You to Know

Ross Todd : The American Lawyer : August 27, 2014

The one thing that midlevels want to tell their managing partner.

Big Deals

: The American Lawyer : August 27, 2014

Reynolds American/Lorillard; General Electric/Alstom; Salix/Cosmo Technologies; Nook Spinoff

Cravath, Davis Polk Lead on Latest Big Drug Buy

Brian Baxter : The Am Law Daily : August 25, 2014

In its biggest deal since its $46.8 billion takeover of Genentech in 2009, Swiss drug giant Roche has turned to Davis Polk & Wardwell for counsel on its $8.3 billion buy of suburban San Francisco-based lung disease drug developer InterMune, which is being advised by Cravath, Swaine & Moore and a Chicago IP boutique.

With BoA Settlement Comes Shift in Work for Law Firms

Julie Triedman : The Am Law Daily : August 25, 2014

Bank of America Corp.'s $16.65 billion settlement announcement, and the tailing off of the government's enforcement actions, promises to affect a swath of top-tier Wall Street firms. But lawyers at the banks' primary outside counsel said that work continues to flow.

BofA Deal Marks End Of an Era

Julie Triedman and Jenna Greene : The National Law Journal : August 25, 2014

With Bank of America Corp.'s $16.7 billion settlement over the marketing and sale of subprime residential mortgage-backed securities, prosecutors closed out the largest remaining government enforcement actions stemming from the financial crisis.

Cravath, Davis Polk Lead on Latest Big Drug Buy

Brian Baxter : The Am Law Daily : August 25, 2014

In its biggest deal since its $46.8 billion takeover of Genentech in 2009, Swiss drug giant Roche has turned to Davis Polk & Wardwell for counsel on its $8.3 billion buy of suburban San Francisco-based lung disease drug developer InterMune, which is being advised by Cravath, Swaine & Moore and a Chicago IP boutique.

With BofA Settlement Comes Shift in Work for Firms

Julie Triedman : The Am Law Daily : August 21, 2014

Thursday's record $16.65 billion settlement with Bank of America means a winding down of government action against big banks over residential mortgage-backed securities. But several lawyers say the pipeline for firms representing these banks will remain full, as governments worldwide take aim at foreign exchange rate-setting and Office of Foreign Assets Control investigations.

Vivendi Takes Aim at Remains of $9.3B Shareholder Verdict

Jan Wolfe : The Litigation Daily : August 20, 2014

The U.S. Supreme Court's decision in already helped slash a rare securities class action jury verdict against Vivendi. Now the company's lawyers at Weil and Cravath are busy trying to bury what's left of the spoils.

Ex-Morgan Lewis Partner Named New Baseball Commish

Brian Baxter : The Am Law Daily : August 15, 2014

Robert Manfred Jr., a former Morgan, Lewis & Bockius labor and employment partner currently serving as COO of Major League Baseball, beat out two rivals to emerge victorious in the race to replace Bud Selig as commissioner. Manfred, 55, will be the third former Am Law 100 lawyer to lead a major North American professional sports league. He and Morgan Lewis both have long-standing ties to America's favorite pastime.

The Churn: Bingham Tax Duo Departs, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : August 15, 2014

Two more Bingham McCutchen partners depart in Washington, D.C., Jones Day loses two in the Midwest, Simpson Thacher & Bartlett hires in New York and other notable moves from throughout The Am Law 200.