Simpson Thacher & Bartlett Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Simpson Thacher & Bartlett LLP

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

Simpson Thacher & Bartlett LLP

  • Designation: New York
  • Head Count: 835
  • Gross Revenues: $1,128,500,000
  • Revenue Per Lawyer: $1,350,000
  • Profits Per Partner: $3,165,000
  • Year Over Year Change: 1

Simpson Thacher & Bartlett is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Simpson Thacher & Bartlett has 835 attorneys and is the 37th largest firm in the United States.  With $1,128,500,000 in gross revenue in 2013, the firm placed 20th on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 Global 100 survey, Simpson Thacher & Bartlett ranked as the 25th highest grossing law firm in the world.  The firm has offices in CA, DC, NM, NY, OH and TX.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 20 1 Gross revenue
Am Law 200 20 1 Gross revenue
NLJ 250 37 -1 Lawyer head count
The A-List 25 -2 Overall excellence
Pro Bono Scorecard 59 -10 Pro-bono commitment
Diversity Scorecard 32 -3 Minority head count
Midlevel Associates Survey 56 -6 Job satisfaction
Summer Associates Survey 98 -9 Summer programs

In the News

Sidley Austin Poaches Wilson Sonsini's Beijing Head

Anna Zhang : The Asian Lawyer : January 27, 2015

Capital markets partner Kefei Li has advised Chinese companies on IPOs in Hong Kong and the United States.

Roundtable Discussion: The Pros and Cons of Arbitration

: The Corporate Counselor : January 26, 2015

A panel of legal professionals discusses trends, challenges, innovative new models and what the future holds for arbitration.

Top Rainmaker Leaves Kirkland for Paul Weiss

Julie Triedman and Brian Baxter : The Am Law Daily : January 26, 2015

Taurie Zeitzer, a leading M&A lawyer who joined Kirkland & Ellis two years ago from Latham & Watkins, is taking her private equity expertise to Paul, Weiss, Rifkind, Wharton & Garrison.

DLA Piper Adds Three Partners in Singapore Hiring Push

Tom Brennan : The Asian Lawyer : January 25, 2015

Former Gibson Dunn & Crutcher partner John Viverito will be the firm's new managing partner in the city-state, while former Jones Day partner Joseph Bauerschmidt is now the head of Southeast Asia capital markets. Former Gibson Dunn of counsel Myles Hankin is also making the move.

Roundtable Discussion: The Pros and Cons of Arbitration

Adam Schlagman : Commercial Litigation Insider : January 23, 2015

Arbitration is the ever-evolving tool of choice for many organizations seeking to resolve disputes without resorting to more costly and time-consuming litigation. In this roundtable conversation, Barry Ostrager, partner, Simpson Thacher & Bartlett; Pamela Corrie, general counsel and chief risk counsel, GE Capital; and Abraham D. Sofaer, former federal judge, chairman and founder of Federal Arbitration Inc. (FedArb), discuss trends, challenges, innovative new models and what the future holds for arbitration.

Dealmaker of the Week: Trevor Norwitz of Wachtell, Lipton, Rosen & Katz

Jennifer Henderson : The Am Law Daily : January 23, 2015

Norwitz advised Dollar Tree Inc. in its $8.5 billion bid for Family Dollar Stores Inc., which ultimately beat out a $9.1 billion bid from rival Dollar General Corp.

Morning Wrap: Which Firms Are Waiting on N.J. Bridgegate Payment?

Katelyn Polantz : Legal Times : January 23, 2015

This is a round-up of legal news from ALM affiliated publications and news outlets around the country. The legal community is reacting to firm news out of China and two firms are still waiting on payments from Gov. Chris Christie's Republican backers.

Serial Lateral Finds a New Home

Nell Gluckman : The Am Law Daily : January 23, 2015

IP litigator Paul Gupta has moved from DLA Piper to Reed Smith, making the firm his 10th professional home. His career trajectory has paralleled that of his practice area in general, he says. Now at Reed Smith, he'll be able to help grow and shape the IP practice group.

The Case for the GC on the Board

Victoria Reese and Stephen W. Beard : The Corporate Counselor : January 22, 2015

In a time of increasing regulatory risk, global complexity and shareholder activism, the role of the corporate general counsel in the boardroom has never been more important.

Circuit Holds Parties to $1.5 Billion Filing Error

Mark Hamblett : New York Law Journal : January 22, 2015

The Second Circuit held that it did not matter that neither GM, nor its counsel at Mayer Brown, nor JP Morgan or its counsel at Simpson Thacher, intended a filing mistake that rendered a secured loan unsecured, the error will allow a group of creditors to pursue a clawback of some $1.5 billion in the GM bankruptcy case.

The Case for the GC on the Board

Victoria Reese and Stephen W. Beard : Commercial Litigation Insider : January 21, 2015

In a time of increasing regulatory risk, global complexity and shareholder activism, the role of the corporate general counsel in the boardroom has never been more important. Yet, companies have been slow to recruit general counsel or seasoned attorneys to serve as independent directors.

Microsoft Corp.

Sheri Qualters : The National Law Journal : January 19, 2015

The innovative approach that Microsoft Corp.'s legal department takes when working with outside counsel and its success in promoting diversity, juggling massive deals, handling litigation and assisting in product development place it in the top spot among Seattle's in-house legal departments.

In-House Profile: AlliedBarton Security Services LLC's David Buckman

Richard Acello : The National Law Journal : January 19, 2015

"I take the laptop home, and my iPhone is always with me."

Fahey Named to Fill Court of Appeals Vacancy

Joel Stashenko : New York Law Journal : January 16, 2015

Justice Eugene Fahey, of the Appellate Division, Fourth Department, is Gov. Andrew Cuomo's choice to fill a seat on the Court of Appeals opened by the Dec. 31 retirement of Robert Smith.

Former Simpson Thacher Clerk Indicted in New Jersey

Brian Baxter : The Am Law Daily : January 16, 2015

Steven Metro, a former managing clerk in Simpson Thacher & Bartlett's New York office charged nearly a year ago with insider trading, has been indicted by a federal grand jury in Trenton. The indictment comes at the same time another key figure in the alleged insider trading scheme appears to have reached a plea deal with federal prosecutors.

Corrections

: New York Law Journal : January 15, 2015

Leading 2014 M&A Transactions

: New Jersey Law Journal : January 15, 2015

The leading M&As of 2014, where the target or acquirer was based in NJ.

New Jersey M&A Market Finally Rebounds in 2014

David Gialanella : New Jersey Law Journal : January 15, 2015

It proved to be a strong rebound year in 2014 for mergers and acquisitions in the U.S., and dealmaking involving New Jersey corporations was no exception. It's a long-awaited development M&A lawyers chalked up largely to a return of confidence to the marketplace.

Rule Finalized Disfavoring Motions in Discovery Disputes

Amaris Elliott-Engel : New York Law Journal : January 14, 2015

Another rule change has come to the Commercial Division, this time to try to steer discovery disputes away from motion practice.

Rule Finalized Disfavoring Motions in Discovery Disputes

Amaris Elliott-Engel : Commercial Litigation Insider : January 12, 2015

Another rule change has come to the Commercial Division, this time to try to steer discovery disputes away from motion practice.

Edwards Wildman, MoFo Hires Spur Cooley's Launch in London

Nell Gluckman : The Am Law Daily : January 12, 2015

Cooley announced Monday that the firm would open an office in London with 55 lawyers—20 of them partners—from Edwards Wildman Palmer and Morrison & Foerster. The move marks Cooley's second international office opening.

Movers

: The National Law Journal : January 12, 2015

Lateral moves and new arrivals in this week's column.

Should You Tap Litigation Finance for Lawsuits?

William P. Farrell Jr. : Corporate Counsel : January 08, 2015

More corporate counsel are using litigation finance to address big issues and transfer the risk of pursuing meritorious legal claims.

Court of Appeals Nominations

: New York Law Journal : January 08, 2015

The latest on Third Department Justice Leslie Stein's nomination to the state's high court and the choice to replace Justice Robert Smith.

Skadden Once Again Steals the Show in M&A Rankings

Jennifer Henderson : The Am Law Daily : January 08, 2015

Skadden Arps Slate Meagher & Flom took the top spot in three separate, year-end M&A rankings based on deal value issued by Mergermarket, Thomson Reuters and Bloomberg. Other Am Law 100 firms filling the number two and three legal adviser spots, in varying order, include: Cleary Gottlieb Steen & Hamilton, Sullivan & Cromwell, Weil Gotshal & Manges and Simpson Thacher & Bartlett.

New North American GC for Embattled Air Bag Maker

Marlisse Silver Sweeney : Corporate Counsel : January 07, 2015

Bruce Angiolillo is joining Takata Corp.'s North American subsidiary, TK Holdings Inc., as general counsel.

Commercial Division Takes Strong Stance Favoring Sanctions for 'Dilatory Tactics'

Amaris Elliott-Engel : Commercial Litigation Insider : January 07, 2015

Commercial lawyers may find it harder to skirt court rules requiring they show up for court conferences, follow discovery schedules and be fully prepared when appearing in court. The Commercial Division will soon post a statement to appear at the beginning of its practice rules advising that judges will sanction "dilatory tactics."

Travelers Stuck With $500M Tab in Manville Asbestos Saga

Scott Flaherty : The Litigation Daily : January 06, 2015

After striking out at the Second Circuit, will Simpson Thacher try one more appeal in its long-running efforts to free Travelers Indemnity Co. from more than half a billion dollars in asbestos liability?

Trial Nears in Reinsurance Fight Over Nine-Figure Asbestos Settlements

Amaris Elliott-Engel : Commercial Litigation Insider : January 06, 2015

Four insurance companies are tussling over the scope of a trial before Manhattan Commercial Division Justice Eileen Bransten on how much money three reinsurers allegedly owe for their share of nearly $1 billion in asbestos settlements.

All for One

Kim Kleman : The American Lawyer : January 05, 2015

On pro bono work, firms are working together as never before. In other ways, they're very stratified.