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Sheppard, Mullin, Richter & Hampton LLP vs. Latham & Watkins LLP vs. Stoel Rives

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

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Sheppard, Mullin, Richter & Hampton LLP

Est. 1927

Sheppard, Mullin, Richter & Hampton LLP is a 1,000-plus-attorney firm, Am Law #47. Jurisdiction-specific Chambers rankings include Band 1 in Energy: State Regulatory & Litigation and Native American Law: Finance; Band 2 in Government Contracts. Operates from 11 offices worldwide.

Latham & Watkins LLP

Est. 1934 · Los Angeles

Latham & Watkins LLP is a 2,000-plus-attorney global firm, Vault #4 / Am Law #2, founded in Los Angeles, CA. Jurisdiction-specific Chambers rankings include Band 1 in Antitrust, Antitrust: Cartel, and Appellate Law. Operates from 34 offices worldwide.

Stoel Rives

Est. 1907

Stoel Rives is a ~321-attorney firm. Jurisdiction-specific Chambers rankings include Band 1 in Construction, Corporate/Commercial, and Corporate/M&A.

Rankings & prestige
#66
#47
2 records
Vault rank
#4
Am Law rank
#2
Reported Chambers Band 1 records
96 records
Vault rank
Not Reported
Am Law rank
#139
Reported Chambers Band 1 records
19 records
Compensation
$225,000
$3.04M
$1.38B
Revenue per lawyer
$1.34M
First-Year Comp
$225,000
Profits Per Partner
$8.65M
Firm revenue
$8.30B
Revenue per lawyer
$2.23M
First-Year Comp
$225,000
Profits Per Partner
$1.44M
Firm revenue
$317.38M
Revenue per lawyer
$990K
Work & scale
Not Reported
Not Reported
Not Reported
~1,050
Offices
11
Billable target
1,900
Partnership track
Not Reported
US associates per partner
2.7:1
Firm size (rounded to 50)
~3,700
Offices
34
Billable target
Not Reported
Partnership track
Not Reported
US associates per partner
Not Reported
Firm size (rounded to 50)
~300
Offices
9
Summer Program
100%
Class size
65 (2026)
Not Reported
Case by Case
Offer rate
100%
Class size
398 (year not confirmed)
How associates get work
Not Reported
Specific practice area
No
Offer rate
Not Reported
Class size
20 (2025)
How associates get work
Not Reported
Specific practice area
Yes
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

Energy: State Regulatory & LitigationCalifornia · 2026
Band 1
Band 2
Band 2
Projects: Power & Renewables: TransactionalNationwide · 2026
Band 2
Band 1
Band 4
Projects: Renewables & Alternative EnergyNationwide · 2026
Band 2
Band 1
Band 3
EnvironmentCalifornia · 2026
Band 4
Band 2
Band 5

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”.