Cravath, Swaine & Moore LLP vs. Skadden, Arps, Slate, Meagher & Flom LLP vs. Latham & Watkins LLP

Category by category. Sources: Vault 2027, Am Law 200 FY2025, and reported Chambers records from the years shown.

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Cravath, Swaine & Moore LLP
Est. 1819
Skadden, Arps, Slate, Meagher & Flom LLP
Est. 1948 · New York
Latham & Watkins LLP
Est. 1934 · Los Angeles

Est. 1819

Cravath, Swaine & Moore LLP is a mid-size firm of ~572 attorneys, Vault #1 / Am Law #50. Jurisdiction-specific Chambers rankings include Band 1 in Antitrust, Capital Markets: Investment Grade Debt: Issuer Counsel, and Capital Markets: Investment Grade Debt: Manager Counsel.

Skadden, Arps, Slate, Meagher & Flom LLP

Est. 1948 · New York

Skadden, Arps, Slate, Meagher & Flom LLP is a 1,000-plus-attorney firm, Vault #3 / Am Law #5, founded in New York, NY. Jurisdiction-specific Chambers rankings include Band 1 in Antitrust, Asset Management M&A, and Capital Markets: Debt & Equity.

Latham & Watkins LLP

Est. 1934 · Los Angeles

Latham & Watkins LLP is a 2,000-plus-attorney global firm, Vault #4 / Am Law #2, founded in Los Angeles, CA. Jurisdiction-specific Chambers rankings include Band 1 in Antitrust, Antitrust: Cartel, and Appellate Law. Operates from 34 offices worldwide.

Rankings & prestige

Cravath, Swaine & Moore LLP#1
Skadden, Arps, Slate, Meagher & Flom LLP#3
Latham & Watkins LLP#4

Cravath, Swaine & Moore LLP#50
Skadden, Arps, Slate, Meagher & Flom LLP#5
Latham & Watkins LLP#2

Cravath, Swaine & Moore LLP15 records
Skadden, Arps, Slate, Meagher & Flom LLP40 records
Latham & Watkins LLP96 records

: #1
: #50
: 15 records

Vault rank: #3
Am Law rank: #5
Reported Chambers Band 1 records: 40 records

Vault rank: #4
Am Law rank: #2
Reported Chambers Band 1 records: 96 records

Compensation

Cravath, Swaine & Moore LLP$225,000
Skadden, Arps, Slate, Meagher & Flom LLP$225,000
Latham & Watkins LLP$225,000

Cravath, Swaine & Moore LLP$7.20M
Skadden, Arps, Slate, Meagher & Flom LLP$7.01M
Latham & Watkins LLP$8.65M

Cravath, Swaine & Moore LLP$1.29B
Skadden, Arps, Slate, Meagher & Flom LLP$4.07B
Latham & Watkins LLP$8.30B

Revenue per lawyer

Cravath, Swaine & Moore LLP$2.26M
Skadden, Arps, Slate, Meagher & Flom LLP$2.32M
Latham & Watkins LLP$2.23M

: $225,000
: $7.20M
: $1.29B
Revenue per lawyer: $2.26M

First-Year Comp: $225,000
Profits Per Partner: $7.01M
Firm revenue: $4.07B
Revenue per lawyer: $2.32M

First-Year Comp: $225,000
Profits Per Partner: $8.65M
Firm revenue: $8.30B
Revenue per lawyer: $2.23M

Work & scale

Cravath, Swaine & Moore LLPNot Reported
Skadden, Arps, Slate, Meagher & Flom LLPNot Reported
Latham & Watkins LLP1,900

Cravath, Swaine & Moore LLP7 years
Skadden, Arps, Slate, Meagher & Flom LLPNot Reported
Latham & Watkins LLPNot Reported

Cravath, Swaine & Moore LLP3.4:1
Skadden, Arps, Slate, Meagher & Flom LLPNot Reported
Latham & Watkins LLP2.7:1

Cravath, Swaine & Moore LLP~550
Skadden, Arps, Slate, Meagher & Flom LLP~1,750
Latham & Watkins LLP~3,700

Offices

Cravath, Swaine & Moore LLP4
Skadden, Arps, Slate, Meagher & Flom LLP21
Latham & Watkins LLP34

: Not Reported
: 7 years
: 3.4:1
: ~550
Offices: 4

Billable target: Not Reported
Partnership track: Not Reported
US associates per partner: Not Reported
Firm size (rounded to 50): ~1,750
Offices: 21

Billable target: 1,900
Partnership track: Not Reported
US associates per partner: 2.7:1
Firm size (rounded to 50): ~3,700
Offices: 34

Summer Program

Cravath, Swaine & Moore LLP100%
Skadden, Arps, Slate, Meagher & Flom LLP99.4%
Latham & Watkins LLP100%

Class size

Cravath, Swaine & Moore LLP143 (year not confirmed)
Skadden, Arps, Slate, Meagher & Flom LLP190 (2026)
Latham & Watkins LLP398 (year not confirmed)

Cravath, Swaine & Moore LLPRotation
Skadden, Arps, Slate, Meagher & Flom LLPNot Reported
Latham & Watkins LLPNot Reported

Cravath, Swaine & Moore LLPYes
Skadden, Arps, Slate, Meagher & Flom LLPNo
Latham & Watkins LLPNo

: 100%
Class size: 143 (year not confirmed)
: Rotation
: Yes

Offer rate: 99.4%
Class size: 190 (2026)
How associates get work: Not Reported
Specific practice area: No

Offer rate: 100%
Class size: 398 (year not confirmed)
How associates get work: Not Reported
Specific practice area: No

Chambers by practice, market and year

Green marks the stronger for the same practice, market and year. Shared results are listed once. split some top tables.

Shared rankings

Antitrust · Nationwide · 2026Band 1

Antitrust · New York · 2026Band 1

Corporate/M&A · Nationwide · 2026Band 1 · The Elite

Employee Benefits & Executive Compensation · New York · 2026Band 1

Litigation: General Commercial · New York · 2026Band 1 · The Elite

Litigation: Securities · New York · 2026Band 1

Tax: Corporate & Finance · Nationwide · 2026Band 1

Rank differences

Capital Markets: Investment Grade Debt: Issuer CounselNationwide · 2026

Cravath, Swaine & Moore LLPBand 1
Skadden, Arps, Slate, Meagher & Flom LLPBand 2
Latham & Watkins LLPBand 1

Band 1

Band 2

Band 1

Corporate/M&ANew York · 2026

Cravath, Swaine & Moore LLPBand 1 · Elite
Skadden, Arps, Slate, Meagher & Flom LLPBand 1 · Elite
Latham & Watkins LLPBand 2 · Elite

Band 1 · Elite

Band 2 · Elite

Employee Benefits & Executive CompensationNationwide · 2026

Cravath, Swaine & Moore LLPBand 2
Skadden, Arps, Slate, Meagher & Flom LLPBand 1
Latham & Watkins LLPBand 1

Band 2

Band 1

Litigation: General CommercialNationwide · 2026

Cravath, Swaine & Moore LLPBand 2 · Elite
Skadden, Arps, Slate, Meagher & Flom LLPBand 1 · Elite
Latham & Watkins LLPBand 1 · Elite

Band 2 · Elite

Band 1 · Elite

Litigation: White-Collar Crime & Government InvestigationsNew York · 2026

Cravath, Swaine & Moore LLPBand 1 · Highly Regarded
Skadden, Arps, Slate, Meagher & Flom LLPBand 1 · Elite
Latham & Watkins LLPBand 1 · Elite

Band 1 · Highly Regarded

Band 1 · Elite

Securities: LitigationNationwide · 2026

Cravath, Swaine & Moore LLPBand 2
Skadden, Arps, Slate, Meagher & Flom LLPBand 1
Latham & Watkins LLPBand 1

Band 2

Band 1

Securities: Regulation: AdvisoryNationwide · 2026

Cravath, Swaine & Moore LLPBand 1
Skadden, Arps, Slate, Meagher & Flom LLPBand 1
Latham & Watkins LLPBand 3

Band 1

Band 3

TaxNew York · 2026

Cravath, Swaine & Moore LLPBand 1
Skadden, Arps, Slate, Meagher & Flom LLPBand 1
Latham & Watkins LLPBand 2

Band 1

Band 2

Banking & FinanceNationwide · 2026

Cravath, Swaine & Moore LLPBand 2
Skadden, Arps, Slate, Meagher & Flom LLPBand 3
Latham & Watkins LLPBand 1

Band 2

Band 3

Band 1

Banking & FinanceNew York · 2026

Cravath, Swaine & Moore LLPBand 2
Skadden, Arps, Slate, Meagher & Flom LLPBand 4
Latham & Watkins LLPBand 1

Band 2

Band 4

Band 1

Bankruptcy/RestructuringNew York · 2026

Cravath, Swaine & Moore LLPBand 1 · Highly Regarded
Skadden, Arps, Slate, Meagher & Flom LLPBand 3 · Elite
Latham & Watkins LLPBand 1 · Elite

Band 1 · Highly Regarded

Band 3 · Elite

Band 1 · Elite

Capital Markets: Equity: Issuer CounselNationwide · 2026

Cravath, Swaine & Moore LLPBand 3
Skadden, Arps, Slate, Meagher & Flom LLPBand 2
Latham & Watkins LLPBand 1

Band 3

Band 2

Band 1

Firm-only and additional rankings remain available on each firm profile so missing coverage is not mistaken for a head-to-head loss.

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Data sources: Vault 2027, Am Law 200 FY2025, and reported Chambers records from the years shown. Chambers record counts can span years and reporting coverage varies; missing years or markets are not compared. Current Chambers bands were checked against each firm’s Chambers profile on Sep 26, 2026; where Chambers splits a table, every Elite firm ranks above every Highly Regarded firm. Missing values read “Not Reported”.