Full-service firm Cravath Swaine & Moore was founded in 1819. Since then, it has emerged as one of United States’ top firms for banking, M&A and debt and equity capital markets. The firm has two offices: one in New York, as well as its newly opened office in Washington DC. The firm also boasts an international presence with an office in London.  In the healthcare, financial services and energy sectors, among others, the firm's New York M&A team sees more acquirers than sellers in all-stock mergers, all-cash transactions and divestitures in the billion-dollar range. The banking and finance team represents borrowers, administrative agents, joint lead arrangers and joint bookrunners in sizeable financing deals.