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Davis Polk & Wardwell LLP vs. Milbank LLP

Side-by-side on the metrics that actually drive the student's call. Sources: Vault 2027, AmLaw 200 FY2025, and reported Chambers records from the years shown.

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Davis Polk & Wardwell LLP

Est. 1849

Davis Polk & Wardwell LLP is a 1,000-plus-attorney firm, Vault #7 / AmLaw #14. Jurisdiction-specific Chambers rankings include Band 1 in Antitrust, Banking & Finance, and Bankruptcy/Restructuring.

Milbank LLP

Est. 1866

Milbank LLP is a 1,000-plus-attorney firm, Vault #9 / AmLaw #28. Jurisdiction-specific Chambers rankings include Band 1 in Banking & Finance, Bankruptcy/Restructuring, and Capital Markets: Securitization: CLOs. Operates from 11 offices worldwide.

Rankings & prestige
Vault rank
#7
AmLaw rank
#14
Reported Chambers Band 1 records
29 records
Vault rank
#9
AmLaw rank
#28
Reported Chambers Band 1 records
11 records
Compensation
First-year comp
$225,000+
Profits per partner
$9.80M
Firm revenue
$3.20B
Revenue per lawyer
$2.59M
First-year comp
$235,000+
Profits per partner
$7.62M
Firm revenue
$2.14B
Revenue per lawyer
$2.09M
Work & scale
Billable target
-
Partnership track
-
US associates per partner
4.3:1
Firm size (rounded to 50)
~1,250
Offices
7
Billable target
-
Partnership track
-
US associates per partner
-
Firm size (rounded to 50)
~1,050
Offices
11
Summer program
Offer rate
-
Class size
220 (year not confirmed)
How associates get work
Centralized staffing
Specific practice area
No
Offer rate
-
Class size
-
How associates get work
-
Specific practice area
Yes
Chambers by practice, market and year

Shared results are listed once. Green marks only a lower reported Chambers band for the same exact practice, market and year. Records with a missing year or market are not compared. Historical records are retained; individual ranking verification status is not available.

Shared rankings

Banking & Finance · Nationwide · 2026Band 1
Banking & Finance · New York · 2026Band 1
Bankruptcy/Restructuring · Nationwide · 2026Band 1 · The Elite
Bankruptcy/Restructuring · New York · 2026Band 1 · The Elite
Securities: Regulation: Enforcement · Nationwide · 2026Band 2

Rank differences

AntitrustNew York · 2026
Band 1
Band 4
Capital Markets: High-Yield DebtNationwide · 2026
Band 1
Band 3
Corporate Crime & InvestigationsNationwide · 2026
Band 1 · Elite
Band 5 · Elite
Corporate/M&ANew York · 2026
Band 1 · Elite
Band 2 · Highly Regarded
DerivativesNationwide · 2026
Band 1
Band 4
Litigation: SecuritiesNew York · 2026
Band 1
Band 3
Litigation: White-Collar Crime & Government InvestigationsNew York · 2026
Band 1 · Elite
Band 2 · Elite
Private CreditNationwide · 2026
Band 1
Band 2
Securities: LitigationNationwide · 2026
Band 1
Band 4
TaxNew York · 2026
Band 1
Band 2
Tax: Corporate & FinanceNationwide · 2026
Band 1
Band 3
AntitrustNationwide · 2026
Band 2
Band 4

Firm-only and additional rankings remain available on each firm profile so missing coverage is not mistaken for a head-to-head loss.

Data sources: Vault 2027, AmLaw 200 FY2025, and reported Chambers records from the years shown. Chambers record counts can span years and reporting coverage varies; missing years or markets are not compared. Current Chambers bands were checked against each firm’s Chambers profile on Sep 26, 2026; where Chambers splits a table, every Elite firm ranks above every Highly Regarded firm. Missing values shown as “-”.