1. Wachtell, Lipton, Rosen & Katz — Midtown (West 52nd Street), Manhattan
The M&A firm — small by big-law standards, and the most profitable per partner.
Wachtell Lipton was founded in 1965 and is famous for operating out of a single office in Midtown Manhattan, with far fewer lawyers than its peers. It is the firm boards call in a hostile takeover — it created the 'poison pill' defense in the 1980s — and it consistently tops the industry's profits-per-partner tables.
Its practice is concentrated on mergers and acquisitions, takeover defense, corporate governance, restructuring and high-stakes litigation.