Morgan, Lewis & Bockius LLP vs. Dechert LLP vs. Reed Smith LLP
Category by category. Sources: Vault 2027, Am Law 200 FY2025, and reported Chambers records from the years shown.
- Morgan, Lewis & Bockius LLP
Est. 1873 · Philadelphia
- Dechert LLP
Est. 1875 · Philadelphia
- Reed Smith LLP
Est. 1877
Est. 1873 · Philadelphia
Morgan, Lewis & Bockius LLP is a 2,000-plus-attorney global firm, Am Law #11, founded in Philadelphia. Jurisdiction-specific Chambers rankings include Band 1 in Antitrust, Banking & Finance, and Capital Markets: Securitization: RMBS. Operates from 32 offices worldwide.
Est. 1875 · Philadelphia
Dechert LLP is a 1,000-plus-attorney firm, Am Law #39, founded in Philadelphia, PA. Jurisdiction-specific Chambers rankings include Band 1 in Accountant and Auditor Liability, Antitrust, and Capital Markets: Securitization: CLOs. Operates from 19 offices worldwide.
Est. 1877
Reed Smith LLP is a 1,000-plus-attorney firm, Am Law #40. Jurisdiction-specific Chambers rankings include Band 1 in Banking & Finance, Bankruptcy/Restructuring, and Energy & Natural Resources. Operates from 22 offices worldwide.
- Morgan, Lewis & Bockius LLP#37
- Dechert LLP#51
- Reed Smith LLP#59
- Morgan, Lewis & Bockius LLP#11
- Dechert LLP#39
- Reed Smith LLP#40
- Morgan, Lewis & Bockius LLP28 records
- Dechert LLP14 records
- Reed Smith LLP14 records
- #37
- #11
- 28 records
- Vault rank
- #51
- Am Law rank
- #39
- Reported Chambers Band 1 records
- 14 records
- Vault rank
- #59
- Am Law rank
- #40
- Reported Chambers Band 1 records
- 14 records
- Morgan, Lewis & Bockius LLP$225,000
- Dechert LLP$225,000
- Reed Smith LLP$225,000
- Morgan, Lewis & Bockius LLP$2.27M
- Dechert LLP$6.20M
- Reed Smith LLP$2.02M
- Morgan, Lewis & Bockius LLP$3.36B
- Dechert LLP$1.61B
- Reed Smith LLP$1.59B
Revenue per lawyer
- Morgan, Lewis & Bockius LLP$1.65M
- Dechert LLP$1.94M
- Reed Smith LLP$1.11M
- $225,000
- $2.27M
- $3.36B
- Revenue per lawyer
- $1.65M
- First-Year Comp
- $225,000
- Profits Per Partner
- $6.20M
- Firm revenue
- $1.61B
- Revenue per lawyer
- $1.94M
- First-Year Comp
- $225,000
- Profits Per Partner
- $2.02M
- Firm revenue
- $1.59B
- Revenue per lawyer
- $1.11M
- Morgan, Lewis & Bockius LLPNot Reported
- Dechert LLP1,950
- Reed Smith LLP2,000
- Morgan, Lewis & Bockius LLPNot Reported
- Dechert LLPNot Reported
- Reed Smith LLPNot Reported
- Morgan, Lewis & Bockius LLP1.3:1
- Dechert LLPNot Reported
- Reed Smith LLP1:1
- Morgan, Lewis & Bockius LLP~2,050
- Dechert LLP~1,000
- Reed Smith LLP~1,600
Offices
- Morgan, Lewis & Bockius LLP32
- Dechert LLP19
- Reed Smith LLP22
- Not Reported
- Not Reported
- 1.3:1
- ~2,050
- Offices
- 32
- Billable target
- 1,950
- Partnership track
- Not Reported
- US associates per partner
- Not Reported
- Firm size (rounded to 50)
- ~1,000
- Offices
- 19
- Billable target
- 2,000
- Partnership track
- Not Reported
- US associates per partner
- 1:1
- Firm size (rounded to 50)
- ~1,600
- Offices
- 22
- Morgan, Lewis & Bockius LLP100%
- Dechert LLPNot Reported
- Reed Smith LLP95.3%
Class size
- Morgan, Lewis & Bockius LLP118 (year not confirmed)
- Dechert LLPNot Reported
- Reed Smith LLP41 (year not confirmed)
- Morgan, Lewis & Bockius LLPNot Reported
- Dechert LLPNot Reported
- Reed Smith LLPNot Reported
- Morgan, Lewis & Bockius LLPNo
- Dechert LLPNo
- Reed Smith LLPNo
- 100%
- Class size
- 118 (year not confirmed)
- Not Reported
- No
- Offer rate
- Not Reported
- Class size
- Not Reported
- How associates get work
- Not Reported
- Specific practice area
- No
- Offer rate
- 95.3%
- Class size
- 41 (year not confirmed)
- How associates get work
- Not Reported
- Specific practice area
- No
Green marks the stronger for the same practice, market and year. Shared results are listed once. split some top tables.
Rank differences
- Morgan, Lewis & Bockius LLPBand 1
- Dechert LLPBand 1
- Reed Smith LLPBand 2
- Morgan, Lewis & Bockius LLPBand 1
- Dechert LLPBand 1
- Reed Smith LLPBand 3
- Morgan, Lewis & Bockius LLPBand 1
- Dechert LLPBand 2
- Reed Smith LLPBand 2
- Morgan, Lewis & Bockius LLPBand 2 · Highly Regarded
- Dechert LLPBand 2 · Elite
- Reed Smith LLPBand 3 · Elite
- Morgan, Lewis & Bockius LLPBand 2 · Highly Regarded
- Dechert LLPBand 4 · Elite
- Reed Smith LLPBand 1 · Highly Regarded
- Morgan, Lewis & Bockius LLPBand 4 · Elite
- Dechert LLPBand 4 · Elite
- Reed Smith LLPBand 3 · Highly Regarded
- Morgan, Lewis & Bockius LLPBand 4
- Dechert LLPBand 4
- Reed Smith LLPBand 5
- Morgan, Lewis & Bockius LLPBand 1 · Highly Regarded
- Dechert LLPBand 2 · Highly Regarded
- Reed Smith LLPBand 4 · Highly Regarded
- Morgan, Lewis & Bockius LLPBand 1 · Highly Regarded
- Dechert LLPBand 2 · Highly Regarded
- Reed Smith LLPBand 5 · Highly Regarded
- Morgan, Lewis & Bockius LLPBand 1 · Highly Regarded
- Dechert LLPBand 1 · Highly Regarded
- Reed Smith LLPBand 2 · Highly Regarded
- Morgan, Lewis & Bockius LLPBand 1 · Highly Regarded
- Dechert LLPBand 2 · Highly Regarded
- Reed Smith LLPBand 3 · Highly Regarded
- Morgan, Lewis & Bockius LLPBand 4 · Highly Regarded
- Dechert LLPBand 2 · Highly Regarded
- Reed Smith LLPBand 5 · Highly Regarded
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”.