Morgan, Lewis & Bockius LLP vs. Troutman Pepper Locke 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
- Troutman Pepper Locke LLP
Est. 2025 · Merger
- 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. 2025 · Merger
Troutman Pepper Locke LLP is a 1,000-plus-attorney firm, Am Law #33. Jurisdiction-specific Chambers rankings include Band 1 in Construction, Corporate/Commercial, and Corporate/M&A. Operates from 31 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
- Troutman Pepper Locke LLP#72
- Reed Smith LLP#59
- Morgan, Lewis & Bockius LLP#11
- Troutman Pepper Locke LLP#33
- Reed Smith LLP#40
- Morgan, Lewis & Bockius LLP28 records
- Troutman Pepper Locke LLP23 records
- Reed Smith LLP14 records
- #37
- #11
- 28 records
- Vault rank
- #72
- Am Law rank
- #33
- Reported Chambers Band 1 records
- 23 records
- Vault rank
- #59
- Am Law rank
- #40
- Reported Chambers Band 1 records
- 14 records
- Morgan, Lewis & Bockius LLP$225,000
- Troutman Pepper Locke LLP$235,000+
- Reed Smith LLP$225,000
- Morgan, Lewis & Bockius LLP$2.27M
- Troutman Pepper Locke LLP$1.85M
- Reed Smith LLP$2.02M
- Morgan, Lewis & Bockius LLP$3.36B
- Troutman Pepper Locke LLP$1.85B
- Reed Smith LLP$1.59B
Revenue per lawyer
- Morgan, Lewis & Bockius LLP$1.65M
- Troutman Pepper Locke LLP$1.16M
- Reed Smith LLP$1.11M
- $225,000
- $2.27M
- $3.36B
- Revenue per lawyer
- $1.65M
- First-Year Comp
- $235,000+
- Profits Per Partner
- $1.85M
- Firm revenue
- $1.85B
- Revenue per lawyer
- $1.16M
- First-Year Comp
- $225,000
- Profits Per Partner
- $2.02M
- Firm revenue
- $1.59B
- Revenue per lawyer
- $1.11M
- Morgan, Lewis & Bockius LLPNot Reported
- Troutman Pepper Locke LLPNot Reported
- Reed Smith LLP2,000
- Morgan, Lewis & Bockius LLPNot Reported
- Troutman Pepper Locke LLPNot Reported
- Reed Smith LLPNot Reported
- Morgan, Lewis & Bockius LLP1.3:1
- Troutman Pepper Locke LLPNot Reported
- Reed Smith LLP1:1
- Morgan, Lewis & Bockius LLP~2,050
- Troutman Pepper Locke LLP~1,600
- Reed Smith LLP~1,600
Offices
- Morgan, Lewis & Bockius LLP32
- Troutman Pepper Locke LLP31
- Reed Smith LLP22
- Not Reported
- Not Reported
- 1.3:1
- ~2,050
- Offices
- 32
- Billable target
- Not Reported
- Partnership track
- Not Reported
- US associates per partner
- Not Reported
- Firm size (rounded to 50)
- ~1,600
- Offices
- 31
- 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%
- Troutman Pepper Locke LLP94.6%
- Reed Smith LLP95.3%
Class size
- Morgan, Lewis & Bockius LLP118 (year not confirmed)
- Troutman Pepper Locke LLP104 (2026)
- Reed Smith LLP41 (year not confirmed)
- Morgan, Lewis & Bockius LLPNot Reported
- Troutman Pepper Locke LLPNot Reported
- Reed Smith LLPNot Reported
- Morgan, Lewis & Bockius LLPNo
- Troutman Pepper Locke LLPCase by Case
- Reed Smith LLPNo
- 100%
- Class size
- 118 (year not confirmed)
- Not Reported
- No
- Offer rate
- 94.6%
- Class size
- 104 (2026)
- How associates get work
- Not Reported
- Specific practice area
- Case by Case
- 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
- Troutman Pepper Locke LLPBand 1
- Reed Smith LLPBand 2
- Morgan, Lewis & Bockius LLPBand 1
- Troutman Pepper Locke LLPBand 1
- Reed Smith LLPBand 4
- Morgan, Lewis & Bockius LLPBand 1
- Troutman Pepper Locke LLPBand 2
- Reed Smith LLPBand 2
- Morgan, Lewis & Bockius LLPBand 1
- Troutman Pepper Locke LLPBand 4
- Reed Smith LLPBand 3
- Morgan, Lewis & Bockius LLPBand 1
- Troutman Pepper Locke LLPBand 5
- Reed Smith LLPBand 4
- Morgan, Lewis & Bockius LLPBand 1
- Troutman Pepper Locke LLPBand 2
- Reed Smith LLPBand 3
- Morgan, Lewis & Bockius LLPBand 2
- Troutman Pepper Locke LLPBand 2
- Reed Smith LLPBand 3
- Morgan, Lewis & Bockius LLPBand 2
- Troutman Pepper Locke LLPBand 3
- Reed Smith LLPBand 3
- Morgan, Lewis & Bockius LLPBand 2
- Troutman Pepper Locke LLPBand 5
- Reed Smith LLPBand 2
- Morgan, Lewis & Bockius LLPBand 3
- Troutman Pepper Locke LLPBand 5
- Reed Smith LLPBand 4
- Morgan, Lewis & Bockius LLPBand 2 · Highly Regarded
- Troutman Pepper Locke LLPBand 3 · Elite
- Reed Smith LLPBand 3 · Elite
- Morgan, Lewis & Bockius LLPBand 4 · Elite
- Troutman Pepper Locke LLPBand 3 · Highly Regarded
- Reed Smith LLPBand 3 · 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”.