Sullivan & Cromwell employees earn an average salary of $135,120 in 2023, with a range from $77,000 to $236,000. The following interviews were easy behavioral questions.
Salaries posted anonymously by Sullivan & Cromwell employees in Miami Shores, FL. Having an alumnus in a top legal position at a private equity group is a significant coup for law firms, as it can lead to lucrative advisory work. One disappointed respondent said they were in Hong Kong for three months, instead of the advertised six months. Suydam, who has served in the role since 2006, will become senior advisor and remain an Apollo partner, the company said. Sure like the late Joe Flom, who had a fortune estimated in the low nine figures. As for support, each trainee is assigned a partner mentor, who checks in from time to time and were told trainee cohorts are close knit. 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. FindLaw.com Free, trusted legal information for consumers and legal professionals, SuperLawyers.com Directory of U.S. attorneys with the exclusive Super Lawyers rating, Abogado.com The #1 Spanish-language legal website for consumers, LawInfo.com Nationwide attorney directory and legal consumer resources. Chatterjee will succeed longtime chief legal officer John Suydam starting next year, the company said Thursday in a statement. We want to know your views on law firm policies and culture. Top lawyer jobs at private equity groups are closely watched by Big Law firms and having an alumni in the position is seen as a major coup. Nominee Disclosure Offers Rare Glimpse of Clients and Conflicts. We noticed that your web browser is outdated! Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Goodbyes and Hellos. Sullivan & Cromwell, . We wish her continued success as she embarks on this new chapter of her path-breaking career at Apollo., To contact the reporter on this story: Roy Strom in Chicago at rstrom@bloomberglaw.com, To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com; John Hughes at jhughes@bloombergindustry.com. Enter your email address and start getting breaking law firm and legal news right now! While Sullivan & Cromwell employees earn an average yearly salary of $135,120, different roles can command different wages. A few years ago, Sullivan & Cromwell announced that year-end bonuses will be cut in half, with a maximum of $17,500 for early-career associates and $32,500 for eighth-year associates. All rights reserved. She will ensure the firms legal and regulatory compliance aligns with its business strategy and objectives. Heres How To Get Yours Right. Registration or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. All offices in the United States have the same pay scale. Based in New York, Chatterjee is currently the head of the investment management practice at Sullivan & Cromwell. 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. Partner +16. Employees at Linklaters earn an average of $163,677 per year, and the employees at Cleary Gottlieb Steen & Hamilton earn an. But again, theres no need to shed tears for the Claytons; they have a nice nest egg put away. Apollo has more than $520 billion in assets under management. Kind of a Big Deal. Cohen focuses his 50 years of experience on acquisition, regulatory, enforcement, and securities law matters for domestic and international banks, financial institutions, and their trade associations. Acted as project manager for Tricolour Giving initiative, overlooking the functioning and strategic direction of the entire student philanthropy operation of the organization. Clayton is also a Senior Policy Advisor and Of Counsel at Sullivan & Cromwell, where he previously held leadership positions before his SEC stint. However, the individual offices within it are among the most spacious of any law firm in the City. Understanding Big Law: A Must-Read Guide To One Of The Most Challenging Workplaces In The World Is Now Available. RELEVANT JOBS. Terms of Service apply. CROMWELL Cromwell Middle School has released the names of students who earned a spot on the honor roll for the first quarter of the 2019-20 academic year. 6% to $4. Find the complete library of podcast episodes for Critical Insights. For more than two decades, Whitney has been one of our leading lawyers, Sullivan & Cromwell co-chairs Robert Giuffra and Scott Miller said in a statement. By dividing firm profits by the number of equity partners, one can calculate profits per partner. . 1d. 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. Nominated by President Trump to head the Securities and Exchange Commission, Clayton will take a big pay cut to accept the job but will earn the prestige that goes with it. And Sidney Powell drew the judge she needed at the right time. (Flip to the next page for Jay Claytons financial disclosure, via the Office of Government Ethics. Partners do not staff you on busy consecutive deals, so you get a chance to rest, said one insider. Yes, the pay is good at Sullivan & Cromwell. Firm listings reflect ATL research and information received. Previously, Giuffra served as a clerk to Chief Justice William Rehnquist at the U.S. Supreme Court. new associates to about $180,000 last year, nonequity partners at the largest firms tripled over a 15-year period, A Peek Inside Sullivan & Cromwell Partner Pay, $100k Competition for Law Students' Supreme Court Arguments, How to Pay Off Massive Student Debt in Just a Few Months, Take a Look Into the Secret World of BigLaw Partner Pay. Average lawyer tenure refers to the average time employed at the firm of presently active attorneys. January 6, 2023. The financial disclosures that are part of the transition, however, offer a glimpse inside the oft-guarded secrets of partnership compensation. Salary & Benefits. Sullivan & Cromwell average salary is $180,154, median salary is $180,000 with a salary range from $75,000 to $305,000. Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. Sullivan & Cromwell LLP. Finnegan Law Firm Welcomes U.S. 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. Our diverse team of top dealmakers includes about FindLaws newsletters, including our terms of use and privacy policy. 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 . Instead, the firm takes a more individualized approach to partner pay meaning that theres greater variability, and less transparency, when it come to how much S&C partners earn. Chatterjees appointment comes as longtime Chief Legal Officer John Suydam prepares to step down from his role since 2006. 2023 Breaking Media, Inc. All rights reserved. This can be compared to Los Angeles, CA, where Sullivan & Cromwell employees earn an average salary of $143,041. But not the salary. CoinDesk reports: "Law firm Sullivan & Cromwell billed $7.5 million for work on the FTX bankruptcy case | 27 Kommentare auf LinkedIn Kelvin Low auf LinkedIn: FTX Lawyers Sullivan & Cromwell Bill $7.5M for First 19 Days' Bankruptcy | 27 Kommentare Click here for an expanded methodology and definition of terms. Employees have access to a concierge service which is known for its ability to secure places at restaurants which are fully booked and organise dry cleaning. Associates are expected to bill around 2,200 hours per year. Interview. Do you like more private equity type of work or debt financing, then go for Latham. Big Law/Private Practice Jobs; Public Interest & Government; Alternative Careers; Lateral Moves; Interview Tips; Resume Tips; Underrepresented Lawyers and Students. Senior Chairman of the firm, Cohen is a legal titan and highly regarded as one of the foremost experts in M&A and governance matters. NO POVERTY; 2. Chatterjee will succeed longtime chief legal officer John Suydam starting next year, the company said Thursday in a statement. Let's hope this By way of comparison, Magic Circle firms turnover between 1.7 and 1.9 billion, but do so with over twice as many lawyers. According to our data, the highest paying job at Sullivan & Cromwell is an Associate Attorney at $191,000 annually while the lowest paying job at Sullivan & Cromwell is a Mail Clerk at $25,000 . The data presented on this page does not represent the view of Sullivan & Cromwell and its employees or that of Zippia. In terms of other perks, a cake trolley goes around the office every Tuesday and Thursday, were told, and the firm provides lunch from the adjacent Pizza Express once a month. Feb 2022 - Present1 year 1 month. Learn more, Explore legal developments in energy transition topics. The former chairman of the US Securities and Exchange Commission (SEC) was an S&C partner before being nominated by the-then President Donald Trump. Please enter a search term or select a suggested term from the list. $14 to $21 per hour
Contact us. Quinn Emanuel topped the list with $1,077,586 per non-equity partner. The other side of this work is the unpredictable hours and weekend working that it necessitates. Posted 12:03:37 PM. 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. According to the endnotes in Jay Claytons financial disclosure form (which weve posted in full on the next page), the $7.6 million reflects his partnership share for 2016 and 2017 received up to the date of filing. We were chatting about this with a partner at a rival firm, and as this source pointed out, The issue is when bonuses are credited as income. A large chunk of S&C trainees complete an international secondment during normal times. GOOD HEALTH AND WELL-BEING; 4. 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. Please note that due to COVID-19 secondment probabilities are lower than in usual years. Other fields were compiled through Above the Law research and polling. (Reuters) - Apollo Global Management . Answer (1 of 7): Ha ha. 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. Chatterjees appointment is the latest in a series of high-profile hires by Apollo. Recent deals include advising Ferrari on its IPO and Fiat Crysler on its $60 billion (50 billion) merger with Peugeot. 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