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Date Created: 12/21/15
LAWCROSSING FEATURED EMPLOYER OF THE WEEK 1.800.973.1177 Simpson Thacher & Bartlett [Adam Feder] Simpson Thacher & Bartlett, LLP, one of the oldest ﬁrms in New York, was founded in 1884 by three graduates of Columbia University Law School. It has six ofﬁces worldwide: New York, Palo Alto, Los Angeles, London, Hong Kong, and Tokyo. Roughly 700 attorneys are employed by those ofﬁces. The ﬁrm’s name may not be prominently featured in the news, but its inﬂuence as a behind-the-scenes corporate advisor is substantial. Simpson Thacher & Bartlett (Simpson outside of law, which will give them a unique international law firm, offers relevant and Thacher) has what would be considered a perspective. meaningful work to its partners and associ- typical “Wall Street” practice, representing ates and expects them to work extremely all major investment banking institutions. Associates and partners alike will work long hours in return. There are not many Correspondingly, one of Simpson Thacher’s extremely long hours, and they will be firms that can match its prestige. major practice areas is complex litigation. compensated at or near the top of the scale; The litigation department is the largest in however, some feel that they are working so New York. Some of its clients are JPMorgan many hours as to be underpaid. The firm has Chase, Accenture, and Travelers. Beyond been accused of being a follower in terms of that, it has expertise in matters relating giving raises and determining the amounts to M&A, corporate, banking, finance, and of bonuses by letting other firms dictate securities. the market. While some practice areas are busy all the time, others experience some Simpson Thacher has a chairman with a downtime, causing some associates to feel public persona. Richard Beattie, a former obligated to put in face time during these Marine Corps fighter pilot who also serves as lulls. the firm’s public face, is an expert negotia- tor. His passion for improving the quality The firm has a strong commitment to pro of education throughout the nation’s public bono work. The good news for associates school systems is evidenced by his involve- is that all pro bono hours count toward the ment in a task force known as the Teach- billable-hour requirement. As such, pro bono ing Commission. Beattie has also started a work is treated with the same respect af- similar organization which focuses on New forded to any other work. York City’s public schools. The Vault Guide to the Top 100 Law Firms One practice that stands out at Simpson has ranked Simpson Thacher sixth in New Thacher is that the firm does not usually York and sixth overall nationwide in the 2003 hire lateral partners. The firm would rather edition. Their M&A, corporate, and securi- groom partners from those in its associ- ties practice groups fell into the fifth, sixth, ate ranks. One lateral partner is hired per and seventh slots, respectively. The firm year, on average. As for new hires, they are has received accolades too numerous to list, gleaned from top-10 law schools almost including being named one of the five final- exclusively. However, stellar grades alone ists for American Lawyer’s Best Litigation will not guarantee a job offer. The firm is Department of the Year for 2002 and being more concerned with how candidates will recognized as Thomson Financial’s number- fit into the overall environment since it can one firm in terms of M&A deals completed handpick its associates from the best of the in 2002. best. Simpson Thacher looks for those can- didates who have some sort of background Simpson Thacher & Bartlett, as a major PAGE 1
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