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Simpson Thacher & Bartlett: A Leading Law Firm with a Rich History

published March 05, 2023

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( 102 votes, average: 4.2 out of 5)
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Summary

Simpson Thacher & Bartlett is a leading international law firm based in the United States. The firm provides a wide range of legal services including corporate law, private equity, capital markets, mergers and acquisitions, intellectual property, tax, restructuring, funds, and litigation and dispute resolution.

Since its founding in 1884, Simpson Thacher & Bartlett has grown to become one of the largest and most prestigious law firms in the world. As of 2020, the firm has over 1,000 attorneys in offices located across the globe including New York, Beijing, Hong Kong, London, Los Angeles, Palo Alto, São Paulo, and Tokyo.

With offices strategically located around the world, Simpson Thacher & Bartlett is uniquely positioned to provide comprehensive services to clients ranging from Fortune 500 companies to global financial institutions to private equity funds, as well as startups, entrepreneurs and individual clients.

Simpson Thacher & Bartlett's lawyers are highly experienced and have represented clients in complex international legal matters. The firm has a long history of representing clients in major mergers and acquisitions and a number of the largest capital markets transactions globally.

The firm's practice areas include corporate law, securities litigation, mergers and acquisitions, private equity, capital markets, financing, restructuring, intellectual property, employment, antitrust, tax, fund formation, and litigation and dispute resolution.

The firm is committed to providing top-notch legal services to its clients and has been consistently ranked as one of the top law firms in the United States by the AmLaw Global 100, Chambers Global, and the Legal 500.

Simpson Thacher & Bartlett is a world-renowned international law firm with a long history of providing legal services to global corporations and financial institutions. The firm has offices across the world and is staffed with highly experienced attorneys. The firm offers comprehensive legal services including corporate law, private equity, capital markets, mergers and acquisitions, intellectual property, tax, restructuring, funds, and litigation and dispute resolution. The firm has been consistently ranked as one of the top law firms in the United States and is committed to providing top-notch legal services to its clients.
 

Simpson Thacher & Bartlett – An Overview

Founded in 1884, Simpson Thacher & Bartlett LLP is one of the largest law firms in the United States. With offices in New York, Beijing, Hong Kong, London, Los Angeles, Palo Alto, Tokyo and Washington, D.C., Simpson Thacher has over 900 attorneys providing a wide range of legal services.
 

Experience in the Legal Industry

The history of Simpson Thacher & Bartlett began with the partnership between two lawyers, William C. Lundin and Theodore K. Thacher, in 1884. Over the decades, the firm has grown from a small New York City practice to one of the nation's premier law firms.
 

Areas of Practice

Simpson Thacher & Bartlett represents clients in a wide range of legal matters, including corporate, finance, litigation, and tax. The firm's clients include Fortune 500 companies, financial institutions, private equity funds, and governments.
 

Highly Recognized

The firm is highly recognized by the legal community and has consistently been ranked as one of the most profitable law firms in the world. Simpson Thacher & Bartlett has also been ranked as one of the top firms in the United States for corporate and litigation.
 

History of Innovation

Simpson Thacher & Bartlett has a long history of innovation in the legal industry. The firm was one of the first to implement a transparent fee structure and has been a leader in the use of technology to streamline process. The firm is also recognized for its commitment to diversity and educating future lawyers.

Simpson Thacher & Bartlett (Simpson Thacher) has what would be considered a typical "Wall Street" practice, representing all major investment banking institutions. Correspondingly, one of Simpson Thacher's major practice areas is complex litigation. The litigation department is the largest in New York. Some of its clients are JPMorgan Chase, Accenture, and Travelers. Beyond that, it has expertise in matters relating to M&A, corporate, banking, finance, and securities.
 
Simpson Thacher & Bartlett

Simpson Thacher has a chairman with a public persona. Richard Beattie, a former Marine Corps fighter pilot who also serves as the firm's public face, is an expert negotiator. His passion for improving the quality of education throughout the nation's public school systems is evidenced by his involvement in a task force known as the Teaching Commission. Beattie has also started a similar organization which focuses on New York City's public schools.

One practice that stands out at Simpson Thacher is that the firm does not usually hire lateral partners. The firm would rather groom partners from those in its associate ranks. One lateral partner is hired per year, on average. As for new hires, they are gleaned from top-10 law schools almost exclusively. However, stellar grades alone will not guarantee a job offer. The firm is more concerned with how candidates will fit into the overall environment since it can handpick its associates from the best of the best. Simpson Thacher looks for those candidates who have some sort of background outside of law, which will give them a unique perspective.

Associates and partners alike will work extremely long hours, and they will be compensated at or near the top of the scale; however, some feel that they are working so many hours as to be underpaid. The firm has been accused of being a follower in terms of giving raises and determining the amounts of bonuses by letting other firms dictate the market. While some practice areas are busy all the time, others experience some downtime, causing some associates to feel obligated to put in face time during these lulls.

The firm has a strong commitment to pro bono work. The good news for associates is that all pro bono hours count toward the billable-hour requirement. As such, pro bono work is treated with the same respect afforded to any other work.

The Vault Guide to the Top 100 Law Firms has ranked Simpson Thacher sixth in New York and sixth overall nationwide in the 2003 edition. Their M&A, corporate, and securities practice groups fell into the fifth, sixth, and seventh slots, respectively. The firm has received accolades too numerous to list, including being named one of the five finalists for American Lawyer's Best Litigation Department of the Year for 2002 and being recognized as Thomson Financial's number-one firm in terms of M&A deals completed in 2002.

Simpson Thacher & Bartlett, as a major international law firm, offers relevant and meaningful work to its partners and associates and expects them to work extremely long hours in return. There are not many firms that can match its prestige.

published March 05, 2023

( 102 votes, average: 4.2 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.