Sullivan & Cromwell Law Firm Profile

More Profiles:
Choose A Law Firm

IN-DEPTH RESEARCH REPORT
on Sullivan & Cromwell LLP

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

Sullivan & Cromwell LLP

  • Designation: New York
  • Head Count: 804
  • Gross Revenues: $1,278,000,000
  • Revenue Per Lawyer: $1,590,000
  • Profits Per Partner: $3,675,000
  • Year Over Year Change: 1

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 2012 Global 100 survey, Sullivan & Cromwell ranked as the 20th highest grossing law firm in the world.  The firm has offices in CA, DC, London, NY, Paris and VIC.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 13 1 Gross revenue
Am Law 200 13 1 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

Landlord Wins Bid to Enforce Lease Guaranty

Christine Simmons : New York Law Journal : September 15, 2014

The First Department has reversed a lower court and granted summary judgment to a landlord seeking to enforce a guaranty for a $100 million lease against shoe retailer DSW. The panel remanded the case for trial before a referee on the amount of damages.

Am Law 100 Trio Revs Up for Auto Parts Megamerger

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

Simpson Thacher & Bartlett and leading German shop Gleiss Lutz are advising Michigan-based TRW Automotive on its $11.74 billion sale to Germany's ZF Friedrichshafen, advised by Sullivan & Cromwell. Gibson, Dunn & Crutcher is counseling another party to the deal, which if completed will create the world's second-largest auto parts supplier.

In the Home Stretch, FHFA Inks $550M Deal With HSBC

Jan Wolfe : The Litigation Daily : September 12, 2014

Like more than a dozen bank defendants before it, HSBC on Friday reached a megabucks settlement to end its mortgage-backed securities fight with Fannie and Freddie's conservator.

Hearing Ordered on German Limitations Period in $362M RMBS Suit

Suevon Lee : Commercial Litigation Insider : September 11, 2014

Disagreement among experts over how to apply German law in a $362 million residential mortgage-backed securities case has prompted Commercial Division Justice Charles Ramos to delay ruling on Citigroup's motion to dismiss until a hearing is held.

Lifetime Achiever: Michael Cooper

Drew Combs : The American Lawyer : September 10, 2014

The Sullivan & Cromwell partner headed a multitude of public interest groups during his legal career.

Banks Set Back Over Standing In Challengeto City Law

Mark Hamblett : New York Law Journal : September 10, 2014

The banking industry was dealt a setback in its challenge to a New York City law that requires banks with city deposits to meet community investment needs for local and moderate income people and small businesses.

The American Lawyer Announces 2014 Lifetime Achievement Awards

: The American Lawyer : September 05, 2014

Our 11th annual awards honor distinctive careers and public service.

Alibaba IPO a Magic Elixir for Simpson Thacher, S&C

Brian Baxter : The Am Law Daily : September 05, 2014

Chinese e-commerce giant Alibaba Group Holding filed papers Friday seeking to raise more than $21 billion in an initial public offering on the New York Stock Exchange later this month. The company's prospectus also reveals a lucrative payday for its outside lawyers, generating $15.775 million in legal fees and expenses.

The Careerist: Another Big Law Partner Weds Hottie

Vivia Chen : The Careerist : September 05, 2014

The loves and lusts of members of the bar. News and gossip roundup.

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.

Asia Deal Digest: Sep. 4, 2014

Anna Zhang : The Asian Lawyer : September 04, 2014

*Davis Polk on Taiwan's largest dollar debt offer*DLA Piper leads $464 million Fosun investment*Clayton Utz, A&O on $540 million Veda share sale

Beer Here! Dechert, Gibson Dunn, Jones Day Toast Pair of Deals

Brian Baxter : The Am Law Daily : September 04, 2014

A trio of Am Law 100 firms are getting the fourth quarter started with a pair of beer industry deals. Gibson, Dunn & Crutcher and Moelis & Co.—the new home of Eric Cantor—are advising Heineken on the $1.2 billion sale of its Mexican packaging unit, while Jones Day has taken the lead for private equity firm Riverside on its purchase of a Salt Lake City-based craft brewer.

Paul Hastings Leads China Huarong $2.4bn Share Sale

Anna Zhang : The Asian Lawyer : September 03, 2014

Eight investors including Warburg Pincus and Goldman Sachs bought 21 percent of the Chinese bad-debt manager ahead of its IPO.

Greenberg's $25 Billion Case Against U.S. Set for Trial

Ross Todd : The Litigation Daily : September 02, 2014

Maurice "Hank" Greenberg's $25 billion lawsuit against the U.S. government over the bailout of American International Group Inc. moved a step closer to trial last week, as a federal judge denied the government's motion for summary judgment.

Global Legal Awards: Global Citizenship Awards of the Year

: The Am Law Daily : September 02, 2014

In this category, The American Lawyer Global Citizenship Awards honor global matters dedicated to the spirit of pro bono and social responsibility.

Goldman, JPMorgan Crush Aluminum Price-Fixing Claims

Jan Wolfe : The Litigation Daily : September 02, 2014

The aluminum warehousing industry has been the target of critical media coverage and regulatory scrutiny. But thanks to defense lawyers from Latham, Sullivan & Cromwell and other firms, it's not turning out to be fertile ground for antitrust litigation.

Global Legal Awards: Global M&A Deals of the Year

: The Am Law Daily : August 29, 2014

In this category, The American Lawyer's Global Legal Awards honor the 10 cross-border deals and disputes of 2013 that best exemplify the challenges of transnational legal practice.

Remaining Banks Hit Another Dead End in FHFA Case

Jan Wolfe : The Litigation Daily : August 28, 2014

We've lost count of how many times the banks sued by the Federal Housing Finance Agency for selling shoddy mortgage-backed securities have had their defenses slapped down by U.S. District Judge Denise Cote.

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.

Robbins Geller Sanctioned for 'Reckless' Conduct

Jan Wolfe : The Litigation Daily : August 27, 2014

The Boeing Company pursued the firm for bringing a botched securities fraud case based on the testimony of an unreliable confidential witness.

Greenberg's $25B Case Against U.S. Set for Trial

Ross Todd : The Litigation Daily : August 27, 2014

Maurice Greenberg's $25 billion lawsuit against the U.S. government over the bailout of AIG moved a step closer to trial this week. That trial, set to begin Sept. 29, would feature testimony from former top government officials, as well as some of Wall Street's most prominent banking lawyers.

Global Legal Awards: Global Finance Deals of the Year

: The Am Law Daily : August 27, 2014

In this category, The American Lawyer's Global Legal Awards recognizes the 10 deals that best exemplify the challenges of transnational finance practice, from capital markets offerings to capital restructurings to infrastructure projects conceived on a vast scale.

Stealth Disruption in Law Firms

Joe Utsler : Law Technology News : August 27, 2014

Five technologists reveal their tactics to change their firms and stay (relatively) under the radar.

Big Deals

: The American Lawyer : August 27, 2014

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

Judge Hears Arguments on Bankers' Challenge to City Law

Joel Stashenko : New York Law Journal : August 26, 2014

A federal judge plans to rule in the latter half of September on whether the city can enforce a local law intended to insure that banks holding city deposits are meeting community investment needs—a law that bankers say would create a "cloud" over their industry.

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.

Hearings on Civil Legal Services to Start Sept. 22

Joel Stashenko : New York Law Journal : August 22, 2014

The state court system's annual hearings on the need for civil legal services funding will begin at 10 a.m. Monday, Sept. 22 at the Appellate Division, First Department, 27 Madison Ave.