Fried, Frank, Harris, Shriver & Jacobson LLP
UnverifiedNew York, NY
About
Fried Frank is one of the most profitable and practice-focused firms in BigLaw, and its lean staffing model means associates get extraordinary deal exposure from the start. With approximately 740 attorneys primarily based in New York, Fried Frank maintains a deliberately compact platform that punches dramatically above its weight. PPP exceeds $4.3 million, placing it firmly among the most profitable firms in the country.
Fried Frank holds Chambers Band 1 rankings in private equity, corporate M&A, and real estate, three of the most competitive practice areas in the market. The firm is a go-to advisor for major PE sponsors and routinely handles the largest and most complex buyouts, fund formations, and real estate transactions. Its asset management, capital markets, and restructuring practices round out a transactional platform that competes head-to-head with firms three times its size.
The culture is meritocratic and collegial, with a lean staffing approach that gives associates significant responsibility early. Summer associates can choose to focus on a particular practice group or sample multiple areas, the firm accommodates both approaches. One-on-one mentoring from partners and associates is a hallmark of the program, and the firm's goal is for every summer to receive and accept an offer.
Fried Frank runs a free-market summer program with approximately 80 summers across a 10-week program. The firm has historically achieved nearly 100 percent offer rates. If you want elite transactional work, direct PE sponsor exposure, and the kind of lean staffing that accelerates your development, Fried Frank deserves serious attention during your recruiting process.
Recruiting & Summer Program
Summer Class Size
73 associates
Summer Offer Rate
98%
Billable Hours
2,000 hours
Practice Areas & Rankings
Source: Chambers USA 2026 Rankings
| Practice Area | Band | Jurisdictions |
|---|---|---|
| Capital Markets / Securities | Band 1 | Nationwide |
| Corporate / M&A | Band 1 | New York |
| Private Equity | Band 1 | Nationwide |
| Real Estate | Band 1 | Nationwide, New York |
| Commercial Litigation | Band 2 | District of Columbia |
| Corporate / M&A | Band 2 | District of Columbia |
| Labor & Employment | Band 2 | New York |
| Real Estate | Band 2 | District of Columbia |
| Restructuring / Bankruptcy | Band 2 | New York |
| Tax | Band 2 | Nationwide, District of Columbia, New York |
| White Collar Defense | Band 2 | Nationwide |
| Commercial Litigation | Band 3 | New York |
| Environmental | Band 3 | New York |
| Government Regulatory / Public Policy | Band 3 | Nationwide |
| Private Equity | Band 3 | New York |
| Technology Transactions | Band 3 | New York |
| White Collar Defense | Band 3 | New York |
| Banking & Finance | Band 4 | Nationwide, New York |
| Capital Markets / Securities | Band 4 | New York |
| Corporate / M&A | Band 4 | Nationwide |
| Labor & Employment | Band 4 | Nationwide |
| Antitrust | Band 5 | New York |
Firm Profile
Vault Rank (2026)
#47
AmLaw Rank (FY2025)
#52
Founded
1890
Chair / Managing Partner
Steven Epstein
Partners
110
Attorneys
~740
Partnership Track
9 years
Billable Hours Target
2,000 hours
Summer Class Size (2025)
~70
Revenue (FY2025)
$1.2B
Revenue per Lawyer (FY2025)
$1.6M
1st-Year Total Comp (2026)
$245,000+
PPP (FY2025)
$5.3M
Offices (2 locations)
Data sources: Financial data from AmLaw 200, FY2025. Practice area rankings from Chambers USA 2026. Summer program data from Chambers Associate 2026. Office locations from firm websites. Last verified: March 27, 2026. View our data methodology