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Firm Summary

Cravath, Swaine & Moore LLP

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Celebrating its bicentennial in 2019, Cravath, Swaine & Moore LLP is one of the country’s old law firms and for two centuries had been considered one of its greatest. Given its long history, Cravath is recognized as playing an important role in influencing how modern law is practiced and how law firm attorneys are trained. Home to just under 600 lawyers split between New York and London, the firm is known for concentrating on the areas of law it does best, and it does so to wide praise and countless accolades every year. Their lean but elite teams excel on both the corporate and litigation sides of the fence, with particularly skilled practices handling corporate governance, M&A, banking, and capital markets. The firm is not looking to grow its presence, but rather to continue providing the top-notch services its clients have come to expect for two centuries.

Firm Stats

Firm Name
Cravath, Swaine & Moore LLP
U.S. Lawyer Headcount
544
Headcount Change Since 2016

Overall

+54

Partner

-2

Salary Scale
Market
Bonus Category
Full Match
Hours Required
Unspecified
Top Feeder Schools
Columbia Law School, Harvard Law School, NYU School of Law
Average Lawyer Tenure at Firm (Years)
4.9
Revenue Per Lawyer Change Over Five Years
4%
Women Partners (as Percentage of U.S. Lawyer Headcount)
4%
Women Partners (As a Percentage of U.S. Partnership)
27%
Promotion Rate
1%
Most Common Federal Case Types
Bankruptcy, Finance, Antitrust
Most Active Federal Jurisdictions
U.S. District Court for the Southern District of New York, U.S. District Court for the Northern District of Illinois, U.S. District Court for the Southern District of Texas
Frequent Federal Litigation Clients
Fairfield Sentry Limited, Fairfield Sigma Limited, Buckeye Partners, LP
Leopard Solutions is our primary data partner for the Law Firm Transparency Project. This data was compiled in the first quarter of 2022. For the most current data, visit Leopard Solutions.

Firm Policies

Work/Life Balance

  • 18 weeks primary caregiver leave
  • 12 weeks family leave
  • Flex and/or reduced hours
  • Subsidized backup care/emergency dependent care
  • Telecommuting

Benefits and Perks

  • Bar review course
  • Bar exam fees, travel
  • $3K bar stipend
  • $7-8K salary advance
  • Direct billing with prefered movers; home closing costs; apartment broker fees
  • $7.5K-10K stub bonus
  • Mentoring

Superstars

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Faiza Saeed
Partner - Corporate

The firm’s current Presiding Partner, Saeed is a partner in the corporate department, advising public companies, boards of directors, and special committees on matters of M&A, corporate governance, and crisis management. She has received countless accolades and awards, including recently being named one of the The American Lawyer’s Dealmakers of the Year and a 2019 Power Lawyer by The Hollywood Reporter.

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Katherine B. Forrest
Partner - Litigation

A partner in the firm’s litigation department, Forrest focuses on high‑profile investigations by criminal and other regulatory entities, including the DOJ and U.S. and foreign regulators.Prior to rejoining the firm, Forrest served as U.S. District Judge for the Southern District of New York and as Deputy Assistant Attorney General in the Antitrust Division of the U.S. Department of Justice.

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Damaris Hernández
Partner - Litigation

A partner in the firm’s litigation department, Hernández focuses on complex civil litigation in securities, ERISA, and antitrust matters, as well as internal corporate investigations, shareholder demands, and government investigations under the Foreign Corrupt Practices Act. In 2016, Hernández became the firm’s first Latina partner.

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Christine A. Varney
Partner - Litigation

A partner in the firm’s litigation department, Varney is considered one of the top antitrust lawyers in the country and currently serves as Chair of the firm’s antitrust practice. Varney is the only person to have served as both a Commissioner of the Federal Trade Commission and the U.S. Assistant Attorney General for Antitrust.

Above the Law Coverage

 

 

The Law Firm Transparency Project draws upon Above the Law research as well as data provided by Leopard Solutions and UniCourt. Click here for an expanded methodology and definition of terms.