Cravath
Cravath has never merged, never opened an office outside New York. Fewer than 600 lawyers generate $1.2 billion, over $2 million per attorney. No lateral partners. Every partner was forged in the same training system for a decade.
Cravath, Swain and more, has never merged with another firm. Never opened an office outside New York. Revenue exceeds 1.2 billion. With fewer than 600 lawyers, that is over 2 million per attorney, one of the highest ratios in the profession. The secret is the Cravath system. Hire the best graduates, train them rigorously through rotation. Promote from within on a strict timeline. No lateral hiring at partner level. Every partner has spent a decade inside the same institutional culture. Clients trust the brand because it guarantees consistency.
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