As I explained during last year`s Vault 100 review, prestige is “sticky” or changes slowly, often getting stronger. So it`s no surprise that this is the fifth year in a row that Vault 10 has been the barely rearranged Vault 10. It`s reminiscent of the top 14 law schools or “T14s” in U.S. News, which have that nickname because those top 14 schools have been the same since the ranking began for almost every year and have only changed places year after year. Look for top law firms in ALM`s world-class rankings, such as Am Law 200, NLJ 500, Global 200 and UK 100. Dig deeper to get a complete overview of each company`s history, ranking, and analysis. Kirkland is a legal giant – both in terms of size and reputation – the ideal firm for self-made firms ready to take control of their legal careers. The company`s employees agree that their future is bright thanks to the company`s strong training and the company`s name on their resume. Kirkland & Ellis, one of the world`s most prestigious law firms, is known for its work in the areas of corporate, intellectual property, litigation, mergers and acquisitions, private equity and restructuring. With more than 2,900 lawyers, the firm is regularly recognized as one of the most successful in the world.
Until this year, places #1 and #2 went back and forth between just two companies, Wachtell Lipton and Cravath, this year`s #1. Cravath has been at the top since the 2017 Vault rankings, when he ended Wakhtell`s 13-year reign. (June 2016, when these 2017 Vault rankings were released, was also the month Cravath announced the $180,000 salary range — but Cravath takes the #1 spot can`t really be attributed to Biglaw employees` gratitude for the raise, as the surveys used to calculate the 2017 rankings were completed much earlier in 2016.) Each year, Vault invites eligible law firms to participate in our annual law survey. Please contact us if you would like your company to be considered for inclusion. Kirkland & Ellis, one of the world`s most prestigious law firms, is known for its work in the areas of corporate, intellectual property, litigation, mergers and acquisitions, private equity and restructuring. With more than 3,000 lawyers, the firm is regularly recognized as one of the lawyers. Latham is one of the largest law firms in the world. With more than 3,000 lawyers in 31 offices around the world, Latham practices in all major jurisdictions in the United States, Europe, the Middle East and Asia and regularly represents corporations. Vault`s ranking is based on a survey of nearly 17,000 legal professionals with commentary and analysis on each firm. With their permission, we have highlighted the best companies here.
Here are the top ten companies in the 2023 Vault 100 — such as USA News Law School`s ranking, Vault is always a year ahead of the calendar year — with their change from last year in parentheses (“—” means no change): Paul Hastings consistently ranks among the top law firms for quality of life, Prioritizing mentorship, education and long-term career development. Lawyers looking for a friendly and collaborative atmosphere where hard work and client service are valued are likely to be a good fit for the firm. Over the past few decades, Paul Hastings has grown from a mid-sized U.S. law firm to an international firm with labor, tax and business law strengths and well-known clients in more than 80 countries. With offices in Beijing, Hong Kong, Seoul, Shanghai and Tokyo, the company has become particularly strong in the Asian market. You know you`ve been successful in the legal industry if you got a spot at Latham. The firm is a global leader in dozens of practice areas and recruits the best of the best. Those seeking autonomy in developing their practice, as well as extensive training and support, will rejoice in this legal giant. Latham is one of the largest law firms in the world. With more than 3,000 lawyers in 30 offices around the world, Latham operates in all major jurisdictions in the United States, Europe, the Middle East and Asia and regularly represents companies operating in Latin America and Africa. The firm is a global leader in corporate transactions, environmental law, financial matters, litigation and litigation, and tax services. Eighty percent of the top 10 companies stayed in exactly the same place as last year – and that`s not uncommon.
The general rigidity of Vault`s ranking, especially near the top, is why Wachtell Lipton and Skadden Arps swapped #2 and #3 spots to Skadden`s advantage, depicting a “historical drama,” to quote Staci Zaretsky. To that end, Cravath — the company that raised the pay scale to $415,000 in February — managed to retain its No. 1 spot in last year`s Vault 100 ranking, while Wachtell Lipton reclaimed the second spot after being ousted by Skadden for the first time in Vault rankings history. But has Cravath been able to retain its seal of approval as the nation`s most prestigious large law firm in this year`s Vault rankings? What interests employees of large law firms more than money? Prestige, of course. But at the end of the day, sometimes it is enough to play a leadership role in terms of compensation to enhance a company`s prestige. Luckily, the closely watched Vault 100 rankings are there to remind lawyers from the country`s largest law firms who are considered the most prestigious. At K&L Gates, lawyers do challenging work for high-profile clients in a supportive environment. An open market allocation system allows employees to exercise control over their workload, and more experienced lawyers act as volunteer mentors. K&L Gates is one of the world`s largest law firms with nearly 2,000 lawyers on five continents. The firm`s world-class practices include corporate law; energy and infrastructure; finance; intellectual property; workplace safety, employment and workplace safety; litigation and dispute resolution; policy and regulation; Real estate; and asset management and investment funds. As a legal market, New York is second only to London in terms of complexity and size. Therefore, we thought it would be useful to break down our satisfaction survey into types of companies.
What you`ll see below are the top employee satisfaction companies, grouped by their identity in the legal market. With two centuries, Cravath, Swaine & Moore LLP is one of the most prominent law firms in the country. Cravath has taken a lean approach to global dominance with two strategically located offices in New York and London. Davis Polk, a corporate giant and securities litigation star, is one of the most elite law firms. Synonymous with professionalism, the firm is home to lawyers with a strong work ethic who support and mentor each other.