Reed Smith LLP vs. Haynes and Boone, LLP vs. Troutman Pepper Locke LLP
Category by category. Sources: Vault 2027, Am Law 200 FY2025, and reported Chambers records from the years shown.
- Reed Smith LLP
Est. 1877
- Haynes and Boone, LLP
Est. 1970
- Troutman Pepper Locke LLP
Est. 2025 · Merger
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.
Est. 1970
Haynes and Boone, LLP is a mid-size firm of ~669 attorneys. Jurisdiction-specific Chambers rankings include Band 1 in Bankruptcy/Restructuring, Employee Benefits & Executive Compensation, and Environment. Operates from 25 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.
- Reed Smith LLP#59
- Haynes and Boone, LLP#81
- Troutman Pepper Locke LLP#72
- Reed Smith LLP#40
- Haynes and Boone, LLP#85
- Troutman Pepper Locke LLP#33
- Reed Smith LLP14 records
- Haynes and Boone, LLP7 records
- Troutman Pepper Locke LLP23 records
- #59
- #40
- 14 records
- Vault rank
- #81
- Am Law rank
- #85
- Reported Chambers Band 1 records
- 7 records
- Vault rank
- #72
- Am Law rank
- #33
- Reported Chambers Band 1 records
- 23 records
- Reed Smith LLP$225,000
- Haynes and Boone, LLP$225,000
- Troutman Pepper Locke LLP$235,000+
- Reed Smith LLP$2.02M
- Haynes and Boone, LLP$1.68M
- Troutman Pepper Locke LLP$1.85M
- Reed Smith LLP$1.59B
- Haynes and Boone, LLP$749.32M
- Troutman Pepper Locke LLP$1.85B
Revenue per lawyer
- Reed Smith LLP$1.11M
- Haynes and Boone, LLP$1.12M
- Troutman Pepper Locke LLP$1.16M
- $225,000
- $2.02M
- $1.59B
- Revenue per lawyer
- $1.11M
- First-Year Comp
- $225,000
- Profits Per Partner
- $1.68M
- Firm revenue
- $749.32M
- Revenue per lawyer
- $1.12M
- First-Year Comp
- $235,000+
- Profits Per Partner
- $1.85M
- Firm revenue
- $1.85B
- Revenue per lawyer
- $1.16M
- Reed Smith LLP2,000
- Haynes and Boone, LLPNot Reported
- Troutman Pepper Locke LLPNot Reported
- Reed Smith LLPNot Reported
- Haynes and Boone, LLP8 years
- Troutman Pepper Locke LLPNot Reported
- Reed Smith LLP1:1
- Haynes and Boone, LLP0.7:1
- Troutman Pepper Locke LLPNot Reported
- Reed Smith LLP~1,600
- Haynes and Boone, LLP~650
- Troutman Pepper Locke LLP~1,600
Offices
- Reed Smith LLP22
- Haynes and Boone, LLP25
- Troutman Pepper Locke LLP31
- 2,000
- Not Reported
- 1:1
- ~1,600
- Offices
- 22
- Billable target
- Not Reported
- Partnership track
- 8 years
- US associates per partner
- 0.7:1
- Firm size (rounded to 50)
- ~650
- Offices
- 25
- Billable target
- Not Reported
- Partnership track
- Not Reported
- US associates per partner
- Not Reported
- Firm size (rounded to 50)
- ~1,600
- Offices
- 31
- Reed Smith LLP95.3%
- Haynes and Boone, LLP100%
- Troutman Pepper Locke LLP94.6%
Class size
- Reed Smith LLP41 (year not confirmed)
- Haynes and Boone, LLP52 (year not confirmed)
- Troutman Pepper Locke LLP104 (2026)
- Reed Smith LLPNot Reported
- Haynes and Boone, LLPFree market
- Troutman Pepper Locke LLPNot Reported
- Reed Smith LLPNo
- Haynes and Boone, LLPCase by Case
- Troutman Pepper Locke LLPCase by Case
- 95.3%
- Class size
- 41 (year not confirmed)
- Not Reported
- No
- Offer rate
- 100%
- Class size
- 52 (year not confirmed)
- How associates get work
- Free market
- Specific practice area
- Case by Case
- Offer rate
- 94.6%
- Class size
- 104 (2026)
- How associates get work
- Not Reported
- Specific practice area
- Case by Case
Green marks the stronger for the same practice, market and year. Shared results are listed once. split some top tables.
Shared rankings
Rank differences
- Reed Smith LLPBand 1
- Haynes and Boone, LLPBand 1
- Troutman Pepper Locke LLPBand 4
- Reed Smith LLPBand 4
- Haynes and Boone, LLPBand 2
- Troutman Pepper Locke LLPBand 5
- Reed Smith LLPBand 2 · Highly Regarded
- Haynes and Boone, LLPBand 4 · Elite
- Troutman Pepper Locke LLPBand 5 · Elite
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”.