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Reed Smith LLP vs. Troutman Pepper Locke LLP vs. Duane Morris LLP

Category by category. Sources: Vault 2027, Am Law 200 FY2025, and reported Chambers records from the years shown.

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Reed Smith LLP

Est. 1877

Reed Smith LLP is a 1,000-plus-attorney firm, Am Law #40. Jurisdiction-specific Chambers rankings include Band 1 in Banking & Finance, Bankruptcy/Restructuring, and Energy & Natural Resources. Operates from 19 offices worldwide.

Troutman Pepper Locke LLP

Est. 2025 · Merger

Troutman Pepper Locke LLP is a 1,000-plus-attorney firm, Am Law #33. Jurisdiction-specific Chambers rankings include Band 1 in Construction, Corporate/Commercial, and Corporate/M&A. Operates from 31 offices worldwide.

Duane Morris LLP

Est. 1904 · Philadelphia

Duane Morris LLP is a mid-size firm of ~742 attorneys, founded in Philadelphia, PA. Jurisdiction-specific Chambers rankings include Band 1 in Cannabis Law and Healthcare; Band 2 in Bankruptcy/Restructuring. Operates from 31 offices worldwide.

Rankings & prestige
#59
#40
14 records
Vault rank
#72
Am Law rank
#33
Reported Chambers Band 1 records
23 records
Vault rank
#94
Am Law rank
#84
Reported Chambers Band 1 records
2 records
Compensation
$225,000
$2.02M
$1.59B
Revenue per lawyer
$1.11M
First-Year Comp
$235,000+
Profits Per Partner
$1.85M
Firm revenue
$1.85B
Revenue per lawyer
$1.16M
First-Year Comp
$220,000
Profits Per Partner
$1.68M
Firm revenue
$758.38M
Revenue per lawyer
$1.02M
Work & scale
2,000
Not Reported
1:1
~1,600
Offices
19
Billable target
Not Reported
Partnership track
Not Reported
US associates per partner
Not Reported
Firm size (rounded to 50)
~1,600
Offices
31
Billable target
1,950
Partnership track
Not Reported
US associates per partner
0.6:1
Firm size (rounded to 50)
~750
Offices
31
Summer Program
95.3%
Class size
41 (year not confirmed)
Not Reported
No
Offer rate
94.6%
Class size
104 (2026)
How associates get work
Not Reported
Specific practice area
Case by Case
Offer rate
100%
Class size
18 (2026)
How associates get work
Not Reported
Specific practice area
No
Chambers by practice, market and year

Green marks the stronger for the same practice, market and year. Shared results are listed once. split some top tables.

Rank differences

Litigation: Product LiabilityPennsylvania · 2026
Band 1
Band 1
Band 2
Employee Benefits & Executive CompensationPennsylvania · 2026
Band 2
Band 1
Band 3
Litigation: White-Collar Crime & Government InvestigationsPennsylvania · 2026
Band 4
Band 1
Band 2
AntitrustPennsylvania · 2026
Band 2
Band 2
Band 3
Labor & EmploymentPennsylvania · 2026
Band 3
Band 4
Band 2
Litigation: General CommercialPennsylvania: Philadelphia & Surrounds · 2026
Band 3
Band 2
Band 2
Bankruptcy/RestructuringDelaware · 2026
Band 4
Band 3
Band 4
Litigation: General CommercialNationwide · 2026
Band 3 · Highly Regarded
Band 3 · Highly Regarded
Band 5 · Highly Regarded

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, Am Law 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 read “Not Reported”.