What is Davis Polk known for?

Asked by: Andres Koch Jr.  |  Last update: December 19, 2022
Score: 4.5/5 (69 votes)

Davis Polk is one of the world's preeminent law firms, advising industry-leading companies and financial institutions on their most challenging legal and business matters.

Is Davis Polk prestigious?

Davis Polk is among the most prestigious and oldest law firms in the country. The firm can trace its roots back to the firm of Gunthrie, Bangs & Van Sinderen, founded in 1849.

Why are they called white shoe law firms?

The term originated in the Ivy League colleges and originally reflected a stereotype of old-line firms populated by White Anglo-Saxon Protestants (WASPs). The term historically had antisemitic connotations, as many of the New York firms known as "white shoe" were considered off-limits to Jews until the 1960s.

Is Davis Polk a good place to work?

Is Davis Polk a good company to work for? Davis Polk has an overall rating of 3.8 out of 5, based on over 210 reviews left anonymously by employees. 75% of employees would recommend working at Davis Polk to a friend and 85% have a positive outlook for the business.

How much does a partner at Davis Polk make?

Davis Polk is in a strong position to be able to pay a higher scale relative to other firms. The firm ranked No. 2 in profits per equity partner in 2020 (2021 financials for the firm have not been reported as of publication) at $6.35 million.

Interview with Will Pearce, head of Davis Polk's London office

19 related questions found

Are lawyers rich?

Most lawyers earn more of a solid middle-class income," says Devereux. You probably will be carrying a large amount of student loan debt from law school, which is not at all ideal when you're just starting out in your career. "Make sure you only become a lawyer if you actually want to work as a lawyer.

How many lawyers does Davis Polk have?

With approximately 1,000 lawyers working across 10 offices around the globe, Davis Polk provides exceptional service, sophisticated advice, and creative and practical solutions that know no bounds.

What is working at Davis Polk like?

Dynamic and respectful work environment

Davis Polk has a strong culture of professionalism and respect. The attorneys and support staff have all been a pleasure to work along-side. Plenty of opportunities for growth for those who seek it out.

How big is Davis Polk?

According to the National Law Journal's 2021 NLJ 500 ranking of firms based on size, Davis Polk has 980 attorneys and is ranked 38th in the United States. With $1,970,000,000 gross revenue in 2021, the firm placed 18th on The American Lawyer's 2022 Am Law 200 ranking.

What is silk stocking law firm?

1 : aristocratic, wealthy a silk-stocking district a silk-stocking law firm. 2 : fashionably dressed a silk-stocking audience. 3 : of or relating to the American Federalist party.

What shoes do female lawyers wear?

Female lawyers may wear heels or flats, although the color should still be neutral, and heel height kept within reason. Open toed shoes may seem too casual. It's best to try and match shoes with jewelry and other accessories.

Is Latham white-shoe?

But Latham and Gibson Dunn are among a group of white-shoe law firms that have managed to spread resources across a broad swath of practice areas without sacrificing quality. Latham, for its part, has grown from less than 600 lawyers in 1994 to more than 2,000 today.

What is the most prestigious law firm in Los Angeles?

  1. #1. Latham & Watkins. SCORE 8.639. 2021 Ranking. ...
  2. #2. Gibson Dunn. SCORE 8.413. 2021 Ranking. ...
  3. #3. O'Melveny & Myers LLP. SCORE 8.087. 2021 Ranking. ...
  4. #4. Munger, Tolles & Olson LLP. SCORE 7.903. ...
  5. #5. Skadden. SCORE 7.800. ...
  6. #6. Kirkland & Ellis. SCORE 7.691. ...
  7. #7. Quinn Emanuel Urquhart & Sullivan, LLP. SCORE 7.586. ...
  8. #8. Paul Hastings LLP. SCORE 7.346.

What are the top 10 law firms?

  1. Kirkland & Ellis LLP. Kirkland & Ellis LLP serves a niche set of corporate clients across the corporate, taxation, litigation, intellectual property, and restructuring fields. ...
  2. Latham & Watkins LLP. ...
  3. DLA Piper. ...
  4. Dentons. ...
  5. Baker McKenzie. ...
  6. Skadden, Arps, Slate, Meagher & Flom LLP. ...
  7. Sidley Austin. ...
  8. Morgan, Lewis & Bockius.

Who founded Davis Polk?

Davis Polk traces its origin to a one-man practice in Manhattan opened by a 21-year-old lawyer, Francis N. Bangs. The firm changed its name several times to account for new partners, using names such as Bangs & Stetson; Bangs, Stetson, Tracey & MacVeagh, and Stetson, Jennings & Russell.

How can I pay 2000 hours a year?

For example, if you want to reach a goal of 2,000 hours annually, you would need to bill for roughly 40 hours each week, or eight billable hours a day. You may not work exactly eight hours each day, but this breaks down what you should average in a day, week, and month to reach your annual goal.

What is profit per partner?

Profits Per Partner is derived from dividing firm profits by the number of equity partners.

How much do partners make at top law firms?

Male equity partners earned an average of $1.13 million per year in 2019. Comparatively, female partners only earned an average of $784,000 per year. The good news is that those female partners had a faster growth rate in their income - 15% compared to just a 7% compensation growth rate for male partners.

Who are lawyers most likely to marry?

Lawyers and judges

Female lawyers and judges are most likely to marry male lawyers and judges. Male lawyers and judges are most likely to marry female lawyers and judges.

Are lawyers or doctors richer?

However, on average, the data shows that doctors make more than lawyers. To the surprise of some, the reality is that the discrepancy is not even close. Specifically, the average doctor makes $208,000 per year, while the average lawyer makes $118,160.

Who is the highest paid lawyer?

Top 10 Highest Paid Lawyer In The World
  1. Richard Scruggs — Net Worth: $1.7 Billion.
  2. Joe Jamail Jr. ...
  3. Willie Gary — Net Worth: $100 Million. ...
  4. Roy Black — Net Worth: $65 Million. ...
  5. Robert Shapiro — Net Worth: $50 Million. ...
  6. John Branca – Net Worth: $50 Million. ...
  7. Erin Brockovich – Net Worth: $42 Million. ...

Is Kirkland and Ellis a white shoe firm?

In The American Lawyer last month, Jim Schroeder quoted an unidentified recruit who described the Chicago firm of Kirkland & Ellis as ''hip people of the 90's who have shed the old stuffy white-shoe law firm attitude for an open, work-hard-and-play-harder life style.