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Milbank LLP vs. Simpson Thacher & Bartlett 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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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.

Simpson Thacher & Bartlett LLP

Est. 1884

Simpson Thacher & Bartlett LLP is a 2,000-plus-attorney global firm, Vault #10 / AmLaw #10. Jurisdiction-specific Chambers rankings include Band 1 in Asset Management M&A, Banking & Finance, and Capital Markets: Debt & Equity. Operates from 15 offices worldwide.

Rankings & prestige
Vault rank
#9
AmLaw rank
#28
Reported Chambers Band 1 records
11 records
Vault rank
#10
AmLaw rank
#10
Reported Chambers Band 1 records
22 records
Compensation
First-year comp
$235,000+
Profits per partner
$7.62M
Firm revenue
$2.14B
Revenue per lawyer
$2.09M
First-year comp
$225,000+
Profits per partner
$8.57M
Firm revenue
$3.55B
Revenue per lawyer
$2.02M
Work & scale
Billable target
-
Partnership track
-
US associates per partner
-
Firm size (rounded to 50)
~1,050
Offices
11
Billable target
-
Partnership track
-
US associates per partner
3:1
Firm size (rounded to 50)
~2,000
Offices
15
Summer program
Offer rate
-
Class size
-
How associates get work
-
Specific practice area
Yes
Offer rate
-
Class size
265 (year not confirmed)
How associates get work
Centralized staffing
Specific practice area
No
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
Litigation: White-Collar Crime & Government Investigations · New York · 2026Band 2 · The Elite
Antitrust · New York · 2026Band 4

Rank differences

Bankruptcy/RestructuringNationwide · 2026
Band 1 · Elite
Band 2 · Highly Regarded
Bankruptcy/RestructuringNew York · 2026
Band 1 · Elite
Band 5 · Elite
Capital Markets: High-Yield DebtNationwide · 2026
Band 3
Band 1
Corporate/M&ANew York · 2026
Band 2 · Highly Regarded
Band 1 · Elite
Litigation: SecuritiesNew York · 2026
Band 3
Band 1
Real EstateNationwide · 2026
Band 5
Band 1
Real Estate: Mainly Corporate & FinanceNew York · 2026
Band 2
Band 1
Securities: LitigationNationwide · 2026
Band 4
Band 1
TaxNew York · 2026
Band 2
Band 1
Tax: Corporate & FinanceNationwide · 2026
Band 3
Band 1
Energy: Electricity (Transactional)Nationwide · 2026
Band 5
Band 2
Environment: Mainly TransactionalDistrict of Columbia · 2026
Band 3
Band 2

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 “-”.