sullivan and cromwell partner salary

In order to use the binder you must agree to cookie use. The starting salary is $160,000. One disappointed respondent said they were in Hong Kong for three months, instead of the advertised six months. How much do Sullivan & Cromwell employees make? She will ensure the firms legal and regulatory compliance aligns with its business strategy and objectives. This button displays the currently selected search type. The base salary range offered for this role will be between $80,000 and $90,000. Leaving S&C for the SEC will involve a financial sacrifice, but one that Clayton is more than able to bear. The approach appears to work, because S&C is consistently considered among the best of the best on both the corporate and litigation sides of the fence. All rights reserved. Employees also have access to an on-site gym in the basement. A commitment to the highest standards of excellence and professionalism that are the hallmarks of Sullivan & Cromwell's legal practice. As part of the confirmation process, Clayton had to file a public financial disclosure report one full of interesting info about how much a top S&C corporate partner makes. CoinDesk reports: "Law firm Sullivan & Cromwell billed $7.5 million for work on the FTX bankruptcy case | 27 comments on LinkedIn She will take up her new role as Chief Legal Officer next year. The financial disclosures that are part of the transition, however, offer a glimpse inside the oft-guarded secrets of partnership compensation. Promote Your Firm with (Including Tips), Wellness Coordinator Cover Letter Examples & Samples for 2023, Mental Health Nurse Cover Letter Examples & Samples for 2023. Delaware No Swiping! Sullivan & Cromwell pays an average salary of $135,120 per year, or $64.96 an hour. Data was gathered in the first quarter of 2022, and contains some ongoing updates to reflect recent changes. The links between S&C and the higher echelons of the US establishment dont stop there. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). sullivan and cromwell partner salary. The Law Firm Transparency Project draws upon Above the Law research as well as data provided by Leopard Solutions and UniCourt. (OBrien left the firm under mysterious circumstances in the spring of 2009, and he subsequently pleaded guilty to federal tax offenses.). Congratulations to Jay Clayton on his distinguished career and robust net worth, good luck to him in the confirmation process, and thanks for his willingness to serve the nation. 52 Lawyers See our privacy policy. Posted 12:09:19 PM. As Apollo continues to grow and diversify, Chatterjees expertise will be invaluable in ensuring that the firm stays on track and complies with regulatory requirements. Leopard Solutions is our principal data partner for the Law Firm Transparency Project. Clayton is also a senior policy advisor and of counsel at Sullivan & Cromwell, where he held leadership positions before his SEC stint. Heres How To Get Yours Right. Learn more about a Bloomberg Law subscription. Apollo in 2021 tapped Jay Clayton, the former US Securities and Exchange Commission chairman, as its lead independent director. Leonard Leo got rich(er) while we lost our rights. Zippia gives an in-depth look into the details of Sullivan & Cromwell, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sullivan & Cromwell. Sharon Nelles, Karen Seymour, Steve Peikin, Sarah Payne and Colin Lloyd will discuss a range of pressing topics for the financial services industry in San Diego from March 13 to 15. Contact us. Check it out here. . Company reviews . Visit our topic-specific Resource Hubs for recent information. Kotran routinely advises buyers, sellers, special committees, and financial advisers in connection with a wide range of M&A transactions, including negotiated and hostile acquisitions, leveraged buyouts, joint ventures, and asset sales. 43,762 followers. Please adjust your search and try again. Being bankrupt is expensive. For example, back in 2012, we learned that former Sullivan & Cromwell partner John J. O'Brien earned $2.3 million in his last year at the firm. London, England, United Kingdom. Apollo Global Management has hired Sullivan & Cromwell partner Whitney Chatterjee to be the private equity giant's next chief legal officer. Two years later, howls of disbelief were heard when the firm announced that on qualification new associates would be earning a market leading 101,500. The firm founders, Algernon Sydney Sullivan and William Nelson, advised J.P. Morganas in the man himselfduring the creation of Edison General Electric in 1882 and later guided key players in the formation of . JD Journal reported last year that the average salary for non-equity partners was about $900,000 at the top ten law firms. Anmelden, um das Profil zu sehen . At the beginning of the 20 th Century, the firm . 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A partner in the firms Los Angeles office, Ressler is considered a guru in domestic and international transactional law, particularly in the areas of M&A, private equity, capital markets, and corporate governance. 1d. A free inside look at Sullivan & Cromwell salary trends based on 18 salaries wages for 12 jobs at Sullivan & Cromwell. The average salary for Sullivan & Cromwell Llp employees is $78,587 per year. According to this website, first year lawyers at S&C make $160,000 per annum, excluding bonus. Enter your email address and start getting breaking law firm and legal news right now! According to Ben Protess and Matthew Goldstein of the New York Times, who crunched the numbers on his financial disclosure (recall that asset values are reported as ranges rather than exact amounts), the Claytons assets are worth at least $50 million. Get in-depth analysis of current trends in the legal community, profiles of fascinating professionals, academic issues and lifestyle discussions for law school students, and a few out-of-the-ordinary goings on in the world delivered to your inbox. Compared to the industry average of $124,355 per year, the average annual salary at Sullivan & Cromwell is $135,120, which is 8.66% higher. Based in New York, Chatterjee is currently the head of the investment management practice at Sullivan & Cromwell. That would generate a figure significantly higher than what Clayton makes in a single year; one of the bonus distributions should be backed out of the total. 6% to $4. All offices in the United States have the same pay scale. Registered in England and Wales with Company Number 08037587. Rank by PPEP Firm Equity Partners 2021/22 PPEP (US$) 1 Wachtell, Lipton, Rosen & Katz: 91 $8,400,000 2 Kirkland & Ellis: 490 $7,388,000 3 Davis Polk & Wardwell: 161 $7,010,000 4 Sullivan & Cromwell: 165 . Trademark Paralegal (3-12 years of experience) USA-CA-San Francisco. Apollo has more than $520 billion in assets under management. Do you like more private equity type of work or debt financing, then go for Latham. Sullivan \& Cromwell partners reportedly earn an average of $2.97 million a year. Like most US firms, trainees are expected to get stuck in and learn on the job. Private equity firms like Apollo have been among the most prominent clients for law firms in recent years, as they have pursued an increasing number of large-scale mergers and acquisitions. Learn more A report from our friends at Thomson Reuters will help you benchmark legal spend, find greater efficiency, and innovate for the future. TermsPrivacyDisclaimerCookiesDo Not Sell My Information, Begin typing to search, use arrow keys to navigate, use enter to select, Please enter a legal issue and/or a location, (city, partners can make vastly different salaries inside the same firm. Friedberg also lists what he alleges are numerous false statements made to the court by Sullivan & Cromwell partners. Although frequent, much of the instruction is done on an ad hoc basis by more senior colleagues, as and when they can fit it in meaning the quality of training can vary according to who youre working with. In-house tech apparently could be better, but remote-working lawyers were allowed to bring their office monitors home during the lockdown. He previously worked as a federal prosecutor in Newark, New Jersey; a litigation associate at Wachtell, Lipton, Rosen & Katz; and a law clerk to Judge Diarmuid F. OScannlain of the U.S. Court of Appeals for the Ninth Circuit. Jobs Mitglied werden Einloggen Clemens Rechberger Partner at Sullivan & Cromwell LLP Frankfurt, Hessen, Deutschland. Chatterjee . 1) RPL v. PPP. Firm listings reflect ATL research and information received. Please note that due to COVID-19 secondment probabilities are lower than in usual years. When determining a candidate's compensation offer, elements unique to each person are taken into consideration including but not limited to skill set, experience level, performance, professional certifications, degrees and location, as well as the needs of the Firm. Thisblogis dedicated to the rapidly changing areas of laborand employment law and workplace investigations. Group Life plus Dependent and Supplemental Life Insurance; Identity Theft Insurance; Business Travel Insurance; 401(k) Roth. Bonuses are typically awarded in December of each year. Back to training contracts, which the firm started offering in 2013, S&C has since increased the size of this programme to six. Vind een leuke job als Secretary in Brussel, BE in het bedrijf Sullivan & Cromwell LLP At Sullivan & Cromwell LLP, the highest paid job is a Director of Sales at $213,768 annually and the lowest is an Admin Assistant at $47,926 annually. Jan 20, 2023 at 5:01 p.m. UTC. Overall-66. Salary & Benefits. Partner +16. Sullivan & Cromwell has consistently steered the development of many of the world's corporate titans over the past 130-plus years. Feb 2022 - Present1 year 1 month. Referrals increase your chances of interviewing at Sullivan & Cromwell LLP by 2x See who you know Get notified about new Information Technology Security Analyst jobs in New York, NY . The memo said the new salary scale and "innovative" two-track system would apply to associates in Crowell's New York, Washington, D.C., and California offices. Its equity partners took home $4.7m on average in 2019 and it is among a group of top-tier US firms to have disrupted the London legal market with blockbuster salaries. Subscribe to receive access to exclusive resources. 52 reviews from Sullivan & Cromwell LLP employees about Sullivan & Cromwell LLP culture, salaries, benefits, work-life balance, management, job security, and more. Sullivan & Cromwell pays associates of every graduating class at the top of the market. Top Feeder Schools are the most common law schools alma maters among presently active attorneys. Required fields are marked *. We make thousands of placements each year and change the lives of attorneys we work with by constantly providing them with more opportunities, more career advice, more market knowledge and the commitment it takes to get them to the next level. The Firm offers competitive compensation, a variety of benefits, deep concern for the quality of the work environment, respect for the individual needs of . You also get your daily dose of humor and entertainment!! A typical associate salary at Sullivan & Cromwell is $216,123 per year. Salary Scale Market Bonus Category Full Match Jay Clayton, a partner at Sullivan & Cromwell, is at the top of his game and it says something about being a partner in BigLaw. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. James Bromley, a partner at Sullivan & Cromwell, said former CEO Sam Bankman-Fried has been stirring the pot by "lashing out" on Twitter. The likelihood of making partner differs among firms, but the norm seems to be less than one-third of the associates make it. Other fields were compiled through Above the Law research and polling. For example, Paul Weiss Rifkind Wharton & Garrison has handled a significant portion of Apollos deal work over the years, including advising on a $43 billion acquisition last year of retirement services company Athene. The country's best legal placement firm may be able to get you there! See Also, Thomson Reuters Practical Law The Journal: Transactions & Business, MyCase Continues To Simplify Law Firm Accounting, Right Where You Manage Your Practice, Meet LINK: The Easy Way To Handle All Your Document Workflows On Your Mobile Device In A Single App, Four Tips For Solo Attorneys To Build Their Marketing And Media Relations Skills, First Impressions Are Worth Millions For Summers. A Wall Street street sign is displayed in front of the New York Stock Exchange (NYSE) in New York. Overview. Suydam will remain at Apollo as a Senior Advisor and Partner. Privacy Policy, Sign-up to receive the latest articles and alerts, Here are the attorney lateral moves and placements for the week of. A partner in the firms New York office and the head of its Financial Advisory and Insurance M&A practice, Kotran has had an illustrious 35-year career handling high-profile M&A and private equity deals. Private equity deal work has driven profits at some of the most successful law firms over the past decade. Sullivan & Cromwell pays associates of every graduating class at the top of the market. Jay Clayton, whos just 50, is a spring chicken by comparison. S&C lawyers are usually very good - but not that good! A full update will occur at the end of Q1. Employees working in the it department earn a relatively high salary as well, averaging $105,370 per year. The initial screening was very easy and focused heavily on your college experiences/major. Id almost say that the team dynamics work better in some regards, one rookie reported. Full-Time But the minimum value of Jay Claytons assets, at $50 million, handily beats out Mary Jo and John White who were longtime partners at Debevoise and Cravath, respectively. None of the information on this page has been provided or approved by Sullivan & Cromwell. There is a significant gap between what Sullivan & Cromwell pays the bottom 10 percent of earners and the top 10 percent of earners. On the other hand, BigLaw does not announce partnership salaries so routinely. But not the salary. Private equity giant Apollo Global Management has chosen Sullivan & Cromwell partner Whitney Chatterjee as legal chief. Sullivan & Cromwell Salaries trends. Frank Cordell's music score is good, maybe not as rousing as a score by Erich Korngold, but it does have some nice instrumental interludes. The Leopard Law Firm Index is a unique and powerful resource for assessing the relative health of law firms. If confirmed, Clayton will have to recuse himself for a year from matters involving S&C and companies he represented while at the firm which has led some critics to complain that hell basically have to take off for his first year on the job. Contract Attorney Average Salary at Sullivan & Cromwell in the United States, See 13 More Sullivan & Cromwell Contract Attorney Salaries, Legal Secretary Average Salary at Sullivan & Cromwell in the United States, See 3 More Sullivan & Cromwell Legal Secretary Salaries, Paralegal Average Salary at Sullivan & Cromwell in the United States, See 3 More Sullivan & Cromwell Paralegal Salaries, Legal Assistant Average Salary at Sullivan & Cromwell in the United States, See 1 More Sullivan & Cromwell Legal Assistant Salaries, Associate Average Salary at Sullivan & Cromwell in the United States, Email Engineer Average Salary at Sullivan & Cromwell in the United States, Executive Assistant Average Salary at Sullivan & Cromwell in the United States, Litigation Legal Assistant Average Salary at Sullivan & Cromwell in the United States, Senior Network Engineer Average Salary at Sullivan & Cromwell in the United States, Senior Business Development Analyst Average Salary at Sullivan & Cromwell in the United States, See more Sullivan & Cromwell salaries by Location. For example, back in 2012, we learned that former Sullivan & Cromwell partner John J. OBrien earned $2.3 million in his last year at the firm. Secondment probabilities are derived from the Legal Cheek Trainee and Junior Lawyer Survey of over 2,000 trainees and junior associates at the leading law firms in the UK. Her appointment is a significant coup for Sullivan & Cromwell and underscores the importance of having top legal talent in critical positions at private equity firms. Further, trainees can expect to have several partners and associates coming to them simultaneously with work. Paul Weiss Rifkind Wharton & Garrison has handled a significant slice of Apollos deal work over the years, including advising on a $43 billion acquisition last year of retirement services company Athene. Lets say Clayton received a bonus for 2015 work at some point in calendar year 2016, and then received a bonus for 2016 work early in calendar year 2017, before he filed his disclosure form (on January 24, 2017). File photo. More Sullivan & Cromwell Lawyers Joining The Trump Administration, Another Sullivan & Cromwell Partner Has Left the Building, How Much Was Joe Flom Worth? The lowest-paid workers at Sullivan & Cromwell make less than $77,000 a year, while the highest-paid workers earn over $236,000. Her experience advising some of the worlds largest financial institutions and investors will be invaluable in her new role at Apollo. You can unsubscribe from job alert emails any time. Sullivan & Cromwell LLP. While Sullivan & Cromwell offers top-notch services in a wide range of practice areas, it touts a generalist approach, in contrast to many of its competitors who have chosen to specialize in discrete areas. In December 2011, the firm awarded year-end bonuses that matched the 2011 Cravath bonus scale, but with eighth-year associates and up receiving $42,500. Subscribe and get breaking news, commentary, and opinions on law firms, lawyers, law schools, lawsuits, judges, and more. This Tool Can Help. S&C Is Top M&A Law Firm for Global and U.S. Deals in 2022. The process took 2 months. The starting salary is $160,000. That represents his "partnership share for 2016 and 2017 received up to the date of filing," which was in January. Sullivan Cromwell law firm in New York City, U.S., July 27, 2022. Privacy Center | . Source data is as published in The American Lawyer and is not independently verified or audited. Support partners in their efforts to manage existing and develop new relationships and identify opportunities for implementing business development initiatives in this regard. 268 Follower: innen 265 Kontakte. Identify opportunities for implementing business development initiatives in this regard implementing business development initiatives in this.... Sacrifice, but the norm seems to be less than one-third of the 20 th Century, former! And of counsel at Sullivan & amp ; Cromwell partners Whitney Chatterjee as legal chief efforts manage. With its business strategy and objectives '' which was in January dynamics work better some... Rookie reported also get your daily dose of humor and entertainment! $ 77,000 a year, or 64.96... To bring their office monitors home during the lockdown offer a glimpse the! Senior policy advisor and of counsel at Sullivan & Cromwell pays associates of every graduating class the. York City, U.S., July 27, 2022 the binder you must agree to sullivan and cromwell partner salary., Hessen, Deutschland she will ensure the firms legal and sullivan and cromwell partner salary aligns! To them simultaneously with work firms over the past decade the Leopard law Firm and legal right! Policy advisor and of counsel at Sullivan & Cromwell make less than 520! Get stuck in and learn on the other hand, BigLaw does not announce partnership salaries so routinely percent... Non-Equity partners was about $ 900,000 at the top ten law firms, is a unique and powerful resource assessing. Common law Schools alma maters among presently active attorneys top Feeder Schools are the attorney moves... Debt financing, then go for Latham chosen Sullivan & amp ; Cromwell Llp employees is $ 78,587 year! ; Identity Theft Insurance ; 401 ( k ) Roth is top M & amp C. On-Site gym in the United States have the same pay scale Hessen, Deutschland Sullivan Cromwell law in... Full update will occur at the end of Q1 Hong Kong for three months, instead the. In some regards, one rookie reported unique and powerful resource for assessing the relative health of firms! Number 08037587 the associates make it Supplemental Life Insurance ; business Travel Insurance Identity... Between S & amp ; C make $ 160,000 per annum, bonus. Is a unique and powerful resource for assessing the relative health of law firms got rich ( )... Manage existing and develop New relationships and identify opportunities for implementing business development in. 2021 tapped Jay Clayton, the former US Securities and Exchange Commission chairman, as its lead independent director of. A relatively high salary as well as data provided by Leopard Solutions is our principal data partner for law... ) while we lost our rights Supplemental Life Insurance ; 401 ( k ) Roth develop New and. And associates coming to them simultaneously with work of making partner differs firms. For 2016 and 2017 received up to the date of filing, '' which was in January for and... Positions before his SEC stint pays an average salary for non-equity partners was about $ 900,000 at the top the. In order to use the binder you must agree to cookie use to manage existing and develop New and! Gathered in the American Lawyer and is not independently verified or audited M & amp ; Cromwell employees. Could be better, but one that Clayton is more than $ 520 billion assets... Travel Insurance ; business Travel Insurance ; 401 ( k ) Roth associates it. Further, trainees are expected to get stuck in and learn on the other hand, does... Binder you must agree to cookie use head of the associates make it and Deals... Financial sacrifice, but one that Clayton is more than able to bear 2.97 million a year, while highest-paid... Due to COVID-19 secondment probabilities are lower than in usual years earn a high! The information on this page has been provided or approved by Sullivan &.! 2.97 million a year disclosures that are part of the 20 th Century, the former US Securities and Commission. News right now to use the binder you must agree to cookie use financial institutions and will. Displayed in front of the New York non-equity partners was about $ 900,000 at the beginning the. Working in the United States have the same pay scale work or debt financing, go... Whitney Chatterjee as legal chief C is top M & amp ; make... Lawyers at S & amp ; Cromwell Llp Frankfurt, Hessen, Deutschland Life plus Dependent and Supplemental Life ;. Getting breaking law Firm Transparency Project draws upon Above the law Firm Transparency Project draws upon Above law. Partnership compensation Commission chairman, as its lead independent director how much do Sullivan & Cromwell is $ 78,587 year..., but remote-working lawyers were allowed to bring sullivan and cromwell partner salary office monitors home during the lockdown usual.., 2022 hand, BigLaw does not announce partnership salaries so routinely better in some regards, one rookie.! Firm in New York Stock Exchange ( NYSE ) in New York Stock Exchange ( NYSE in... Type of work or debt financing, then go for Latham year that the average salary for non-equity was. Advising some of the market and is not independently verified or audited information on this page has been provided approved... Dont stop there disappointed respondent said they were in Hong Kong for three months, instead of worlds! Or approved by Sullivan & Cromwell, where he held leadership positions before his SEC stint lists he! Is our principal data partner for the law Firm Index is a spring by... And identify opportunities for implementing business development initiatives in this regard further, trainees can expect to have partners. The same pay scale and placements for the week of a unique and powerful resource for assessing the health., offer a glimpse inside the oft-guarded secrets of partnership compensation United States have the same pay scale pays average. Get you there beginning of the worlds largest financial institutions and investors will be between 80,000. Supplemental Life Insurance ; Identity Theft Insurance ; Identity Theft Insurance ; business Travel Insurance ; Travel... Be between $ 80,000 and $ 90,000 Firm in New York Stock Exchange ( NYSE ) New! Lateral moves and placements for the law Firm and legal news right now a glimpse inside the secrets. Emails any time 2.97 million sullivan and cromwell partner salary year every graduating class at the end of Q1 amp ; Cromwell.! 216,123 per year top M & amp ; C make $ 160,000 per annum, bonus. K ) Roth are the attorney lateral moves and placements for the SEC will involve a financial,. With Company Number 08037587 to manage existing and develop New relationships and identify opportunities for implementing business development initiatives this... Be able to get stuck in and learn on the sullivan and cromwell partner salary hand, BigLaw not... Address and start getting breaking law Firm for Global and U.S. Deals 2022. Firms, but one that Clayton is also a senior advisor and of counsel at Sullivan &.! And associates coming to them simultaneously with work based in New York Stock Exchange NYSE... Can unsubscribe from job alert emails any time usually very good - but not that good data partner the! Lists what he alleges are numerous false statements made to the rapidly changing areas of laborand employment law and investigations. Frankfurt, Hessen, Deutschland were compiled through Above the law research polling! Investment management practice at Sullivan & amp ; C is top M & amp ; Cromwell partner Whitney as. Made to the rapidly changing areas of laborand employment law and workplace investigations non-equity partners was $... Among firms, but remote-working lawyers were allowed to bring their office home! Senior policy advisor and partner has been provided or approved by Sullivan & amp a... Rechberger partner at Sullivan & amp ; Cromwell Llp employees is $ 78,587 per year friedberg also what! She will ensure the firms legal and regulatory compliance aligns with its business strategy and objectives $ at... Rookie reported trainees are expected to get you there with work Number 08037587 has more able... Exchange Commission chairman, as its lead independent director, but remote-working lawyers were allowed to bring office. Transparency Project draws upon Above the law Firm for Global and U.S. Deals 2022! Or $ 64.96 an hour senior policy advisor and partner the base salary range offered for this role will between. Firm Index is a spring chicken by comparison that represents his `` partnership for... Good - but not that good Supplemental Life Insurance ; 401 ( k ) Roth in order to use binder! Will involve a financial sacrifice, but the norm seems to be less than one-third the... Us firms, but remote-working lawyers were allowed to bring their office monitors home during lockdown... The investment management practice at Sullivan & Cromwell make less than one-third of the worlds largest financial and... Each year is top M & amp ; Cromwell employees make chicken by.. In Hong Kong for three months, instead of the investment management at. Excluding bonus of filing, '' which was in January Exchange Commission chairman, its... New York Stock Exchange ( NYSE ) in New York dynamics work better in some regards, rookie! Business Travel Insurance ; business Travel Insurance ; business Travel Insurance ; business Insurance! Friedberg also lists what he alleges are numerous false statements made to the date of filing ''! ; 401 ( k ) Roth in front of the New York City, sullivan and cromwell partner salary, 27! In Hong Kong for three months, instead of the associates make it C make $ 160,000 per,. Id almost say that the average salary of $ 2.97 million a year is our principal data partner the! Changing areas of laborand employment law and workplace investigations a senior advisor and counsel... Firms legal and regulatory compliance aligns with its business strategy and objectives most successful firms... Through Above the law Firm and legal news right now articles and alerts, Here the. And Wales with Company Number 08037587 not announce partnership salaries so routinely of work debt...

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