The USA is home to the 144 law firms from the top 200 law firms in the world. A law firm only needs 2 or more employee lawyers to declare itself as A Law Firm. However, the well-reputed law firms prefer to have more. Big law firms have average 830 lawyers that can go up to 1000 or more and they provide auspicious consultations and professional assistance to their clients for civil and criminal cases. Averagely, law firms make around $550M of annual revenue with individual lawyer’s revenue of $1.77M.
The law firms are considered reputed according to their revenue while others stand out due to their unique services and expertise.
The list of top 10 business law firms in USA
Here we have compiled top 10 law firms in USA some of which also work internationally.
Cleary has offices in 4 continents and its lawyers mark history with complex legal dealings every now and then in the area of Banking & Finance, Bankruptcy, Trade & Investment, Intellectual Property, Litigation & Arbitration, to name a few. The firm is open to native and non-native exceptional lawyers and represents preeminent legal mastery and surplus of revenue. It is well-known for its advising of sovereign debt offerings with significant clients such as Egypt, Korea, Greece, Malaysia and Puerto Rico.
Weil Gotshal&Manges is one of the top 10 business law firms in USA with annual revenue of $1.1b. It specializes in structured finance, private equity, litigation, capital markets, technology & IP transactions, bankruptcy, labor & employment, antitrust, mergers & acquisitions and restructuring practices, just to name a few. With more than 1000 lawyers it has its headquarter in the New York City with offices in 16 other cities around the globe. Olympic Corporation, General Electric, Apple Inc., Washington Mutual, eBay, and Facebook are some of its eminent clients.
White & Case has a history, dating back to 1901, of dealing mergers & acquisitions (M&A), project finance and international arbitration related legal challenges. Having its HQ in the New York City, it has rooted its cause in 28 other countries as well. White & Case was also the best law firm of 2016, but as for everything, success has always room for another champion. White & Case also has the honor of being at service during World War I when it legally supported more than 1,000 US suppliers as well as in World War II. It has well-reputed governmental organizations, financial institutions, start-ups and technology companies on its clients’ list.
Kirkland & Ellis is also one of the top 10 business law firms in USA with $3.165 billion annual revenue. The firm was established in 1909 in Chicago and besides its groundbreaking revenue, it is known for its generous deal for its employees with super lucrative salary packages and bonuses. It has its offices in 14 cities around the world. The firm not only hires the best lawyers but also provides them with best practical training with the Kirkland Institute of Trial Advocacy (KITA). The firm invests in the law and business schools and makes high profile partners. The firm is well-known for dealing the legal challenges of Corporate, Litigation, Intellectual Property Litigation and Restructuring.
Skadden, the “innovative thinkers and champion of inclusion” is at the number 6 in the top 10 business law firms in USA and it’s the first best law firm for tax law and security litigation. With its HQ in the NYC, it has offices in almost 22 cities around the world. Its expertise falls in Banking, Capital Markets, Consumer Financial Services Enforcement and Litigation, Corporate Restructuring, Commodities and Futures, European Union/International Competition, False Claims Act Defense, CFIUS, Corporate Governance, just to name a few.
It is the 5th best law firm in USA and 1st best in the legal area of compensations. It is New York-based firm and offers salary packages of $185,000 to first-year employees. Its area of expertise falls in Antitrust, Tax, Corporate, Restructuring & Finance, Executive Compensation & benefits and Litigation.
Wachtell may not be the high revenue generating firm but it is considered as the most profitable place to practice law not only in the USA but in the world. T-Mobile and Deutsche Telekom, Broadcom, Thomas Reuters Corporation and Salesforce are its eminent clients and it continues to make legal victories every passing day.
Jones Day was founded in 1893 and it has 44 offices worldwide and it specializes in the spectrums of litigation, transactional, regulatory and tax matters, antitrust & competition law, banking, finance, business, cyber-security and global disputes of businesses around the globe (there are plenty are expertise included). It offers cross practice services as well as regional services in Africa, Korea and Latin America.
With 13,000 employees in the 77 offices in 47 countries, baker Mckenzie is the 3rd best business law firm in USA. It was founded in 1949 by Russell Baker and John Mckenzie and its annual revenue is $2.67b. Its clients include the eminent ventures such as Symantec Corporation and Microsoft and it chooses its partners well.
With more than 2,500 lawyers and 30 offices worldwide, Latham &Watkins practices in all major dominions in US, Europe, Middle East, Asia, Latin America and Africa. It is the legal champion in the cases related to corporate transactions, environmental law, litigation, finance matters and tax services. The firm bears alumni with significant governmental positions and responsibilities. Latham also values teamwork and exhibit it in its Associates Committee. The workers at Latham have great benefits and women are treated with great respect and flexibility.
The first place in the top 10 business law firms in USA is secured by Cravath. It is also the first best law firm for General Corporate Practices and 2nd best law firm for banking & finance services. It has high profile clients Qualcomm Inc., National Highway Traffic Safety Administration, Time Warner and The Walt Disney, just to name a few. It is best known for its corporate, litigation, tax, executive compensation and benefits and trusts & estate legal practices and it offers $190,000 to its fresh employees.