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Top 10 Law Firms in the World
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The top law firms in the world, listed by annual revenue.

Summary: The top 10 law firms in the world are listed below, ranked by annual revenue.

Investopedia has compiled a list of the world’s top ten law firms. The ranking is based on the most recent revenue numbers available. Although there are many other factors by which one may rank a firm, such as the number of lawyers, revenue per attorney, and yearly percent growth, using annual revenue appears to be the most accurate and consistent criterion to use.

  
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1. The top law firm in the world is Baker & McKenzie. This firm was founded in 1949 and is headquartered in Chicago. The firm has around 4,200 attorneys that are spread amongst 77 offices in 47 countries. Its annual revenue, as of June 2014, is $2.54 billion.

The firm recently opened a legal services center in Belfast, Ireland.

2. Coming in second place is DLA Piper. DLA Piper employs over 4,200 attorneys. The firm was created after several international law firms merged in 2005. The firm is headquartered in both London and Chicago, and had an annual revenue of $2.48 billion in 2013—just behind Baker & McKenzie.

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DLA Piper was named the pro bono law firm of the year.

3. Latham & Watkins LLP takes third place with $2.226 billion in annual revenue in 2013. It employs over 2,000 attorneys and has offices in 14 countries, with its headquarters in Los Angeles.



In January, the firm hired the top finance partner in Hong Kong.

4. Skadden, Arps, Slate, Meagher & Flom LLP is headquartered in New York. The firm, founded in 1948, has 23 offices worldwide and over 1,600 lawyers. Its annual revenue was $2.21 billion in 2013.

5. LLP LLP” href=”https://www.lawcrossing.com/lawfirmprofile/d16xd90240boa0a930cs460d24alc5c40451/Clifford%20Chance” target=”_blank”>Clifford Chance LLP takes fifth place. It is headquartered in London and has offices in 26 countries. Over 3,200 attorneys work at Clifford Chance. For 2013-2014, its annual revenue was $2.12 billion, according to Wikipedia. Its clients include “corporates from all the commercial and industrial sectors, governments, regulators, trade bodies and not-for-profit organizations,” according to its website.

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6. Kirkland & Ellis primarily serves corporate clients in intellectual property, litigation, corporate, taxation, and restructuring issues. It was founded in 1909 and has over 1,600 attorneys. In 2013, its revenues were $2.016 billion.

7. LLP LLP” href=”https://www.lawcrossing.com/lawfirmprofile/0e6xcf9d31do44770e2sec11112l6cfd6a3b/Freshfields%20Bruckhaus%20Deringer” target=”_blank”>Freshfields Bruckhaus Deringer LLP, or Freshfields for short, is one of the oldest firms on the list, with early Freshfields dating back to the eighteenth century. The London-based office has 28 offices and 4,859 employees in 17 countries. In 2013, its revenue was reported to be $1.92 billion. The modern Freshfields was created by a mega-merger of several international law firms in 2000. The firm is a member of the “magic circle” of British firms, according to Wikipedia.

8. /’ target=’_blank’>Linklaters LLP” href=”https://www.lawcrossing.com/lawfirmprofile/448x04468c9o97c52d9sd4f841dlc9658350/Linklaters” target=”_blank”>Linklaters LLP employs 4,600 workers in 29 offices located in 26 countries. The firm is based in London, and has annual revenue of around $1.98 billion.

9. Allen & Overy is another London-based firm that has 46 offices in 32 countries around the world. The firm has been going strong for over eight decades, with revenues at $1.925 billion as of April 2014.

10. Jones Day employs over 2,400 attorneys in 41 offices spread through 19 countries. The firm was founded in Cleveland, Ohio in 1893, and serve as a full-service law firm in all practice areas of law. Its revenues are around $1.716 billion.

Source: Investopedia



 

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