Sullivan & Cromwell Law Firm Profile

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on Sullivan & Cromwell LLP

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Sullivan & Cromwell LLP

  • Designation: New York
  • Head Count: 805
  • Gross Revenues: $1,276,000,000
  • Revenue Per Lawyer: $1,585,000
  • Profits Per Partner: $3,680,000
  • Year Over Year Change: 0

Sullivan & Cromwell is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Sullivan & Cromwell has 804 attorneys and is the 42nd largest firm in the United States.  With $1,278,000,000 in gross revenue in 2013, the firm placed 13th on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 Global 100 survey, Sullivan & Cromwell ranked as the 17th highest grossing law firm in the world.  The firm has offices in CA, DC and NY.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 13 0 Gross revenue
Am Law 200 13 0 Gross revenue
NLJ 250 42 4 Lawyer head count
The A-List 27 -1 Overall excellence
Pro Bono Scorecard 54 -6 Pro-bono commitment
Diversity Scorecard 50 0 Minority head count
Midlevel Associates Survey 94 -25 Job satisfaction
Summer Associates Survey NR N/A Summer programs

In the News

Reed Smith to Open in Frankfurt

Gina Passarella : The Legal Intelligencer : May 22, 2015

Reed Smith is set to open an office in Frankfurt, Germany, on June 1 with the addition of seven lawyers from four different firms. The new location, which will focus heavily on the financial services industry, will be managed from the firm's 10-year-old Munich office.

Deal Watch: Four Am Law 100 Firms Prescribed Work on CVS-Omnicare Merger

Jennifer Henderson : The Am Law Daily : May 21, 2015

Firms Prescribed Work on $12.7 Billion CVS, Omnicare Deal

The Hurdles for Banks After Guilty Pleas

Jenna Greene : The National Law Journal : May 21, 2015

In the elite world of multibillion-dollar Wall Street banks, the U.S. Department of Labor rarely looms large. That changed this week. The agency will play a key role in determining whether five megabanks that pleaded guilty to criminal charges can effectively participate in the $7 trillion pension fund market.

DOJ Cites 'Breathtaking Flagrancy' in Charges Against Five Banks

Jenna Greene : The National Law Journal : May 20, 2015

Five major banks on Wednesday agreed to plead guilty to felony charges and pay more than $5 billion to resolve allegations that they rigged the U.S. dollar-euro exchange rate. More perilous consequences for the banks may come as they seek waivers from regulators such as the U.S. Securities and Exchange Commission that will allow them to continue as felons to do things like manage pensions and issue securities.

Laster Takes Traditional Route in Activision Case

Scott Flaherty : The Litigation Daily : May 20, 2015

Approving a record $275 million settlement in a derivative case, a Delaware judge opted not to allow some of the money to go directly to shareholders, as another court recently did.

US vs. UK: Which Firms Have the Best India Practices?

Tom Brennan : The Asian Lawyer : May 18, 2015

A new ranking from London-based RSG Consulting shows that U.S. firms continue to take market share in India, challenging the dominant position once held by their U.K. peers.

Pressure Drop at Paul Hastings: E-Discovery Expert Has Reggae Past

Nell Gluckman : The Am Law Daily : May 15, 2015

Thomas Barnett, an electronic discovery expert who joined Paul Hastings as special counsel last year, once led a very different life as a professional saxophone player. At the peak of his musical career, Barnett toured with reggae band Toots and the Maytals, before heading on to law school.

Litigator of the Week: Philippe Selendy of Quinn Emanuel

David Bario : The Litigation Daily : May 14, 2015

Even if Selendy had lost his landmark securities trial for the Federal Housing Finance Agency, it would be hard to call the FHFA's litigation campaign against Wall Street anything but a victory. But boy, did he ever win.

Big Deals

: The Associated Press : May 14, 2015

Verizon is buying AOL for about $4.4 billion, advancing the telecom's push in both mobile and advertising fields. Also, Alexion Pharmaceuticals Inc. will acquire Synageva BioPharma Corp. for $8.4 billion in a mix of cash and shares.

Nomura, RBS Found Liable for Misleading Fannie, Freddie

Mark Hamblett : New York Law Journal : May 13, 2015

The Japanese bank Nomura Holdings and Royal Bank of Scotland are facing hefty damages after a federal judge held them liable for lying to Fannie Mae and Freddie Mac about the shaky mortgages that backed the mortgage bonds they sold.

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.

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.

Goldman Loses $100M FINRA Ruling as CDO Headaches Rage On

Scott Flaherty : The Litigation Daily : May 12, 2015

In yet another dispute alleging that Goldman Sachs marketed a CDO that it was wagering would fail, a FINRA panel sided with the bank's adversaries at Quinn Emanuel Urquhart & Sullivan.

Sale of 380,000 Acres Came With 15-Year Anti-Development Restriction

: Daily Business Review : May 11, 2015

About two dozen Greenberg Traurig attorneys advised St. Joe Co. on the sale of vast land holdings to the Mormon Church, now Florida's largest private landowner.

FHFA Trial Produces Big Loss for Banks, Big Win for Quinn Emanuel

Scott Flaherty : The Litigation Daily : May 11, 2015

Sullivan & Cromwell and Simpson Thacher couldn't pull off a surprise win before U.S. District Judge Denise Cote.

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.

Fraud Action Reinstated Against Goldman Sachs

Joel Stashenko : New York Law Journal : May 08, 2015

The Court of Appeals Thursday reinstated a lawsuit against Goldman Sachs & Co. for allegedly inducing an insurer to cover a mortgage-backed security that was designed to fail. The court also issued a ruling on whether judges can compel prosecutors to call witnesses or take other actions within their discretion under threat of contempt.

Dealmakers of the Week: Matthew Hurd and Krishna Veeraraghavan of Sullivan & Cromwell

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

Matthew Hurd, co-head of the firm's health care and life sciences group, and M&A lawyer Krishna Veeraraghavan, who made partner in 2011.

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.

Kasowitz Revives ACA Lawsuit Over Goldman ABACUS CDO

David Bario : The Litigation Daily : May 07, 2015

Being called a "sophisticated investor" may be less of a handicap for plaintiffs in New York after a ruling by the state's highest court Thursday in .

Deal Watch: Am Law Trio Guides $8.4 Billion Rare Disease Drug Deal

Jennifer Henderson : The Am Law Daily : May 07, 2015

The pharmaceutical industry once again reigned supreme on the transactional front this week, although a pair of Am Law 100 firms also helped an iconic New York property change hands.

A Return To Court For Sudan

Zoe Tillman : The National Law Journal : May 04, 2015

For almost a decade, Sudanese officials largely ignored lawsuits in the United States that accused the country of aiding terrorists who bombed two U.S. embassies in 1998. Billions of dollars in damages were awarded to victims and their families. Sudan last year jumped back in.

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.

May 2015 Deals & Suits

: Corporate Counsel : May 01, 2015

Panel Says Commercial Case Belongs in Korean Court

Ben Bedell : New York Law Journal : April 30, 2015

The Appellate Division, First Department, affirmed dismissal of a Commercial Division case Tuesday, holding that the transaction at issue did not have a "substantial nexus" to the state.

Corporate Counsel Say Law Firms Are Becoming More Tech-Savvy

Erin E. Harrison : Legaltech News : April 29, 2015

Inside counsel identify 9 percent more law firms using technology as a source of innovation in 2015, according to a new BTI Consulting report.

DISH Fends Off RICO Suit in Sprawling LightSquared Battle

Susan Beck : The Litigation Daily : April 29, 2015

Sullivan & Cromwell's Bob Giuffra scored a win in the latest chapter of a litigation saga involving Charles Ergen of DISH Network and Philip Falcone of Harbinger Capital Partners.

On the Move

: New York Law Journal : April 28, 2015

Three firms have added new partners, while two announce promotions.

Dealmakers of the Year: David Shine of Fried Frank, Matthew Hurd of Sullivan & Cromwell

: The American Lawyer : April 27, 2015

Shine represented Merck & Co. in its $14.2 billion sale of consumer brands to Germany's Bayer AG, which in turn tapped Hurd for counsel on the giant carve-out.

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.