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Top 10 Law Firm Ratings According To Vault's Annual Associate Survey

Updated: Mar 08, 2022

Vault's nationwide rating of the most distinguished law firms is based on peer firm evaluations. More than 20,000 associates appraised the reputations of companies other than their own this year. The Vault 2022 Rankings are based on the results of Vault's Annual Associate Survey, which was performed from March to May 2021.

Vault's Nationwide Law Firm Ratings of the most distinguished law firms is based on peer firm evaluations. More than 20,000 associates appraised the reputations of companies other than their own this year. The Vault 2022 Rankings are based on the results of Vault's Annual Associate Survey, which was performed from March to May 2021.

Cravath, Swaine & Moore LLP

Cravath is the king of the elite law firms, having written the book on legal practice and professional training. The firm draws the finest of the best and fosters a respectful professional environment. At the firm, those who thrive under pressure, have a strong work ethic, and are intellectually curious will do well. Cravath's work in antitrust, banking and credit, capital markets, corporate governance, executive compensation and benefits, M&A, securities litigation, tax, trusts and estates, and white-collar criminal defense has earned it a solid reputation. More than one-third of Cravath's clients are headquartered outside of the United States, and each of the firm's practice areas has an international concentration.

Wachtell, Lipton, Rosen & Katz

Wachtell is skilled in mergers and acquisitions, strategic investments, takeovers and takeover defense, corporate and securities law, and corporate governance. They manage some of the country's and the world's largest, most complicated, and demanding transactions. They advise both public and private acquirers and targets, handle sensitive investigative and litigation concerns, as well as company restructurings, and provide crucial advice to boards of directors and senior management. They have a track record of pioneering and innovative ideas that have had a significant impact on business and law.

Skadden

Skadden is a legal powerhouse and a mainstay among the most respected companies in Vault's Top 100 rating, with expertise ranging from M&A to Tax. Skadden lawyers are a friendly bunch that embrace teamwork and mentoring while also delving deeply into complicated cases. Skadden Arps is one of the world's most profitable and well-known law companies. It was the first legal firm to record yearly revenue of $1 billion, and it is today regarded as an industry milestone. While the company is most renowned for its mergers and acquisitions expertise, it is a multi-practice powerhouse with over 1,700 lawyers worldwide.

Sullivan & Cromwell LLP

Sullivan & Cromwell, one of the most prominent law firms, has a generalist approach to practice, allowing professionals to collaborate across sectors and subgroups. S&C is devoted to assisting its lawyers in paving their future routes, with a particular focus on mentoring and professional advice. Sullivan & Cromwell, a BigLaw heavyweight, has followed—if not invented—the template for legal success: it has expanded worldwide and in response to the world's largest corporate customers' expanding cross-border M&A, restructuring, and finance transactional demands.

Latham & Watkins

When you land a job at Latham, you know you've made it in the legal industry. The company recruits the finest of the best and is a global leader in dozens of practice areas. This legal behemoth will satisfy those seeking autonomy over their practice as well as comprehensive training and support. Latham & Watkins is one of the largest legal companies in the world. Latham practices in all major jurisdictions in the United States, Europe, the Middle East, and Asia, and often represents corporations doing business in Latin America and Africa, with more than 3,000 attorneys in 30 offices across the world. In business transactions, environmental law, finance, litigation and trials, and tax services, the firm is a global leader.

Kirkland & Ellis

Kirkland is the ideal firm for self-starters who are ready to take control of their legal careers, both in terms of size and reputation. Associates at the firm agree that their prospects are bright because of the firm's extensive training and the firm's name on their resumes. Kirkland & Ellis is a global legal company that specializes in corporate, intellectual property, litigation, mergers and acquisitions, private equity, and restructuring. The firm is consistently ranked as one of the most successful in the world, with over 2,900 lawyers.

Davis Polk & Wardwell LLP

Davis Polk is one of the most prestigious law firms in the world. It is a corporate law behemoth and a securities litigation powerhouse. The business is known for its professionalism, and its lawyers are known for their strong work ethics and commitment to supporting and mentoring one another. With strong teams in capital markets, M&A, finance, restructuring, and tax, Davis Polk & Wardwell LLP has one of the best and most complete corporate departments in the country. Its renowned litigation practice covers antitrust, civil litigation, intellectual property, and white-collar criminal defense.

Simpson Thacher & Bartlett LLP

Simpson Thacher & Bartlett is a long-standing Wall Street workhorse with top-tier teams in mergers and acquisitions, banking, capital markets, and securities law. However, the company is more diverse than many of its peers, with strong capabilities in private equity, litigation, and intellectual property. The firm developed one of the world's best M&A practices in the 1980s and 1990s, with a specialization in private equity leveraged buyouts. JPMorgan, Lehman Brothers, Goldman Sachs, Wachovia, UBS, and Travelers have all retained Simpson Thacher in recent years. Kohlberg Kravis Roberts (KKR) and The Blackstone Group, as well as First Reserve, Silver Lake Partners, and Hellman & Friedman, are among the private equity clients.

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul Weiss attracts progressive types who value the firm's high-profile pro bono work and internal commitment to diversity and inclusion because of its strong stance on civil rights and social justice. The firm is a litigation powerhouse with a strong corporate practice. The firm is well known for its telecom and entertainment law expertise. The business is currently involved in racial justice activities and support for individuals most affected by the COVID-19 pandemic, as well as immigrant rights, reproductive rights, and voter protection.

Gibson Dunn

Gibson Dunn is a V10 firm with an impressive practice and client list. It is a litigation powerhouse, appellate all-star, and corporate law force. Gibson recruits self-starters who will thrive in the company's free-market environment and fit in with the company's professional, friendly culture. Gibson Dunn & Crutcher is a force with over 1,400 attorneys in ten countries. Gibson Dunn is regarded as one of the best law firms in the country for its litigation and trial work, particularly its thriving Appellate Litigation and Securities Litigation practices, as well as its top-notch antitrust, M&A, private equity, and real estate work.

I hope this article about law firm ratings helps you for choosing the right law firm to represent you next time you get in trouble with the law!