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#25
#25

Cravath Swaine & Moore

New York, NY · Led by Faiza Saeed

Revenue

$1.8B

Lawyers

600+

Offices

3

Founded

1819

About Cravath Swaine & Moore

Cravath is the firm that literally wrote the playbook for modern Big Law. The 'Cravath System' of hiring top graduates, training them rigorously, and promoting from within revolutionized the entire profession. With only about 600 lawyers and just 3 offices, they are by far the smallest firm on this list by headcount, yet their per-lawyer profitability is stratospheric.

Practice Areas

Mergers & Acquisitions
Securities
Litigation
Tax
Executive Compensation & Benefits
Corporate Governance

Notable Alumni

1

Robert Patterson (U.S. Secretary of War)

2

Rowan Gaither (Ford Foundation President & RAND Corporation Chair)

3

Samuel Williston (Harvard Law Professor & Contracts Law Pioneer)

Fun Fact

The 'Cravath System' - hiring only from top law schools, paying associates on a lockstep scale, and an up-or-out promotion model - was invented by Paul Cravath in the early 1900s and is still the template used by elite law firms worldwide.

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