- will pursue the practice of either taxation or mergers and aquitions
Which law firm is more lucrative, Wachtell, Lipton, Rosen & Katz or Skadden, Arps, Slate, Meagher & Flom LLP?
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John Harris
May 25, 2010 at 8:03 am
Skadden is more prestigous. They both pay very well.
hlstarch
May 25, 2010 at 8:04 am
Wachtel is more lucrative.
If you ignore other firms which might get a one-shot contingency fee award in a particular year, Wachtel has had the highest profits per partner of any firm for a number of years.
You didn’t ask, but in the more subjective area of prestige, I think most would consider Wachtel considerably more prestigous than Skadden, though other firms (Cravath, Davis Polk, etc.) would outrank both of them on that scorecard.