Cravath, Swaine & Moore LLP

Cravath, Swaine & Moore LLP

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http://www.cravath.com 
Main Office:
Worldwide Plaza, 825 Eighth Avenue | New York City | NY | 10019
Phone: 212-474-1000  | Fax: 212-474-3700 
Email:  

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Year of establishment 1819 Number of Partners 90
Number of offices 2 Partner:associate ratio 0.20
Biggest office New York City Percentage of women attorneys 34.90
Number of attorneys 570 Percentage of minority attorneys 18.30
Number of associates 413 Percentage of LGBT attorneys 4.20

Overview

Cravath has been known as one of the premier U.S. law firms for nearly two centuries. Each of our practice areas is highly regarded, and our lawyers are recognized around the world for their commitment to the representation of our clients’ interests. Throughout our history, we have played a central role in developing how law is practiced, how lawyers are trained and how business risk is managed. We are not, and do not strive to be, the largest law firm measured by number of offices or lawyers. Our goal is to be the firm of choice for clients with respect to their most challenging legal issues, most significant business transactions and most critical disputes.


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Notable cases

  • Throughout its history, the firm has handled many significant, high-profile matters for its clients. Some of the more recent significant cases include:
  • Cravath represented the underwriters, led by J.P. Morgan Securities, in connection with the US$2.5 billion registered debt offering of JPMorgan Chase & Co., a leading global financial services firm and one of the largest banking institutions in the United States. The transaction closed on August 20, 2012.
  • Cravath represented Burlington Northern Santa Fe, LLC in connection with its US$1.25 billion registered debt offering. The transaction closed on August 23, 2012.
  • On March 28, 2012, Pentair, Inc. and Tyco International Ltd. announced a definitive agreement to combine Tyco's Flow Control business with Pentair in a tax-free, all-stock merger valued at $10 billion. Cravath represented Pentair in connection with this transaction.
  • On January 29, 2011, Alpha Natural Resources ("Alpha") and Massey Energy Company ("Massey") announced that they have executed a definitive agreement under which Alpha will acquire all outstanding shares of Massey common stock in a transaction with an $8.5 billion enterprise value for Massey. Cravath represented Massey in connection with this transaction.
  • On March 30, 2012, the U.S. Court of Appeals for the Ninth Circuit reaffirmed the District Court's June 3, 2011 ruling, which dismissed a complaint that alleged antitrust violations by Cravath clients Turner Broadcasting System, Inc. and Time Warner Cable Inc.
  • Cravath represented the underwriters, led by J.P. Morgan Securities, in connection with the US$3.25 billion registered debt offering of JPMorgan Chase & Co. The transaction closed on January 23, 2012.
  • On January 31, 2012, IBM announced a definitive agreement to acquire Worklight, a privately held Israel-based provider of mobile software for smartphones and tablets. Cravath represented IBM in connection with this transaction.

Awards and recognitions

Cravath Swaine & Moore is consistently ranked among the leading law firms in each of its central practice areas. Additionally, its lawyers are consistently recognized as industry leaders and ranked among the best practitioners worldwide.

Cravath has been nominated for 2012 Chambers USA Awards for Excellence in three practice areas: Antitrust, Corporate/M&A and Securities Regulation. The awards recognize a law firm's pre-eminence in key practice areas. They also reflect notable achievements including outstanding work, impressive strategic growth and excellence in client service.
On June 10, 2011, Cravath received the 2011Chambers USA Award for Excellence in Corporate/M&A. This is the second year the Firm has received this honor.
On February 9, 2012, Cravath individuals were honored at inMotion Inc.'s 12th annual Commitment to Justice Awards. InMotion provides free legal and social services to low-income women, including recent immigrants and those suffering from domestic violence.
On June 24, 2011, Cravath received the "Best USA Independent Corporate Law Firm - Gold Award" and "Best USA Commercial and Competition Law Firm - Silver Award" at the 2011 International Legal Alliance Summit & Awards (ILASA) ceremony, held in Paris, France.
Cravath has been nominated for 2011 Chambers USA Awards for Excellence in three practice areas: Corporate/M& Finance and Intellectual Property. The awards reflect notable achievements over the past 12 months, including outstanding work, excellence in client service and contribution to the legal profession.
On November 3, 2011, Cravath received several recognitions in the annual "U.S. Innovative Lawyers" report by the Financial Times. The Firm was named among the "FT Law 25," which ranks innovation in the legal sector based on the originality, rationale and impact of a firm's work.

Diversity

Diversity has a solid rock principle at Cravath. The firm has always held the belief that excellence and creativity arise from diverse sources. The firm embraces the importance of recruiting and retaining outstanding lawyers from different backgrounds and promotes diversity at all levels. Cravath's lawyers come from a wide range of backgrounds, yet all share important qualities-intelligence, creativity, work ethic and a desire to excel.

Cravath says that their ultimate objective is to provide the best possible representation to their clients. The firm is convinced that excellence and diversity cannot be divorced from one another and the firm cannot provide their clients with the highest level of representation unless they recruit and retain outstanding lawyers from diverse backgrounds, with different perspectives, experiences and insights.

The firm has established a Diversity Committee to formulate and propose diversity goals for the firm and to develop and implement practices that promote diversity, and analyze and track the firm's progress in achieving those goals.

The firm makes special efforts to recruiting women law students, law students of color and lesbian, gay, bisexual and transgender (LGBT) law students, and enhancing their experiences while at the firm.

The firm encourages their attorneys to reach out to students from their alma maters. For example, one of their associates (who is a Columbia Law alumna) approached the Columbia Law Women's Association and proposed the idea of a panel that would enable Columbia women to hear associates' perspectives on law firm life. In February of 2009, she, along with several of their other female associates, led a panel discussion at Columbia that focused on being a woman at a law firm.

Summer associate program

The firm's summer program is designed to provide law students with the experience of day-to-day working life of a Cravath lawyer. The firm starts preparing for the associate's summer experience well in advance. Upon the associate's arrival he will be assigned to a partner from his chosen department. This partner will be responsible for assigning work, providing feedback, introducing the other team members and ensuring that the associate's experience resembles that of a first-year associate. The firm's summer associates gain valuable hands-on experience working directly for, and with, their clients.

Associates say that that their summer experience at Cravath is not only an incredible learning opportunity but also a chance to gain serious legal experience. The summer program gives the associates a great chance to immerse themselves in intellectually stimulating and rewarding work right from day one.

Working for the Cravath, Swaine & Moore LLP

Working at Cravath is a rewarding experience. The firm has distinctive system of developing outstanding students into outstanding lawyers. The firm's rotation system provides the broad experience needed to develop sound legal and business judgment. The firm offers the usual challenges of working in a large sophisticated law practice. Not only is the candidate assured of the finest system of legal training and development, he also gets a competitive salary, plus a liberal benefits package and other carefully crafted programs that promote balance between life's personal and professional demands.

Attorneys seeking to work at Cravath Swaine & Moore can expect exceptional opportunities and an assurance of working in a mutually respectful and stimulating environment. As one of the world's leading firms Cravath has a great reputation for representing some very big names in the business, with a great success record in solving complex legal matters and serving the public interest, according to the very highest professional standards.

Articles


Summary: Top law firm Cravath, Swaine & Moore has raised their associate pay for the first time since 2007, placing their compensation rates at the top of the l...

Summary: New research found that 47 percent of corporate legal spending was won by big law firms in the United States in 2013....

Cravath, Swaine & Moore LLP is one of the oldest US law firms having started operations way back in 1819. In almost two centuries of its existence it has establ...

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References


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