With the industrial revolution, the need for legal outsourcing and solicitation emerged, changing the outlook of the legal world.
Today, many legal firms have a presence that is felt globally. A few of them even attracted the attention of the media and industry that the search for top grossing law consultancies in the world has begun.
If you are also in search of 10 largest law firms in the world, then that search ends here. We have prepared a list of the largest firms in the world after going through various online surveys, awards, rewards and client achievements.
These firms have represented some of the world’s most powerful corporations, including General Motors, Motorola, and Siemens, just to name a few.
Read on to find out more about the 10 largest law firms in the world…
Baker McKenzie, UK
Founded more than 60 years ago, Baker & McKenzie has 6,000 plus lawyers in over 45 countries who offer legal services to some of the prestigious companies in the world.
The firm emphasises its high values, integrity and responsibility while dealing with clients, with Acritas Sharplegal Global Elite Brand Index naming Baker & McKenzie the world’s top law firm in the world for eleven consecutive years in 2021.
Other awards and recognitions include Legal Team of the Year (2013) presented by Wealth Briefing Awards, Contentious Trusts and Estates Team of the Year (large firm) at the STEP Private Client Awards 2019. In 2017, they were named International Firm of the Year at the African Legal Awards. The firm also announced revenues for the fiscal year ended 30 June 2020 (FY20) of $2.9 billion.
Skadden, Arps, Slate, Meagher & Flom, USA
Formed in 1948, Skadden is a global law firm with its headquarters in the US. According to Forbes magazine, Skadden is Wall Street’s most powerful law firm and it also features in the Forbes’ list of America’s Top Trusted Corporate Law Firms.
AmericanLawyer.com also ranks Skadden as the fifth largest law firm in the world in terms of revenue (2020).
DLA Piper, UK
With headquarters in the UK, DLA Piper has been recognised as one of the top 10 largest law firms in the world.
The company has 4,200 lawyers working in more than 30 countries. In terms of revenue, it’s the largest law firm in the world.
Ranked fifth in the Acritas 2021 Global Elite Brand Index, DLA Piper has also been recognised as the second most powerful global legal brand.
The firm has bagged many awards, including the Financial Times‘ Asia Pacific Innovative Lawyers Awards 2021 and tops list for global M&A deal volume for 11th straight year in 2021 according to Mergermarket’s league tables.
Allen & Overy, UK
With awards such as ‘Best Law Firm of the Year,’ ‘Employment Law Firm of the Year,’ ‘Insurance Law Firm of the Year,’ ‘International Firm of the Year’ to its credit, Allen & Overy is one the ten largest law firms in the world.
Known as simply A&O, the company now has 42 offices in 29 countries. The firm also claims that it has over 5000 clients and over 500 partners.
The law firm was also named ‘Most Innovative Law firm in Europe’ (awarded by the FT) six times.
Established 175 years ago, Linklaters is one of the leading largest law firms in the world with offices in 20 countries and central headquarters in the United Kingdom. The firm currently offers legal services in the corporate sector, banking, crisis management, tax, real estate, private equity, investment management and health care.
The global company has won many awards including corporate team of the year (2012), European Private Equity Legal Adviser of the Year and ADR and Civil Justice Innovation Award to name a few.
Clifford Chance, UK
Clifford Chance is one of the most recognisable names in the legal business. With offices in 25 countries, this law firm has been recognized as one of the 10 largest law firms in the world by a wide array of publications.
From capital markets all the way to litigation and dispute resolution, it has been offering varied legal services and ensuring a long term association with clients since it was founded via a major merger back in 1987.
Clifford Chance has won dozens of awards including Corporate and Commercial Firm of the Year and Law Firm Management Team of the Year.
Latham & Watkins, USA
One of the ten largest law firms in the world, Latham & Watkins started its operations in 1934 in Los Angeles. Rising rapidly on a global level, the firm now successfully represents renowned companies across the globe.
In 2007, Latham & Watkins attained over $2 million in yearly revenue, making it the first American firm to record such a turnover. The firm has also bagged innumerate awards including Law Firm of the Decade and Most Admired Firm.
Kirkland & Ellis, USA
International commercial law firm Kirkland & Ellis LLP offers services including litigation, tax, corporate transactions and intellectual property rights.
High profile clients include United Airlines, Intel, Samsung Electronics, Siemens, Motorola and General Motors.
Sidley Austin, USA
Sidley Austin offers specialised litigation services and operates in 19 cities across the globe. Widow of the former US President Abraham Lincoln, Mary Todd Lincoln was one of its first clients.
Ever since its establishment, Sidley Austin has been hogging the legal limelight with rewards and awards aplenty. In 2020, the U.S. News Survey also named Sidley as the “Law Firm of the Year” in FDA Law and Securities Litigation
Freshfields Bruckhaus Deringer, UK
Headquartered in London, Freshfields Bruckhaus Deringer is a multinational firm with 28 offices in 17 jurisdictions of Europe, Middle East, the US and Asia.
The origin of this law firm dates back to 1743 when one of its solicitors was appointed at the prestigious Bank of England.
Freshfields has received many awards and rewards over the years, which have contributed to it being named in Spear’s list of the 10 largest law firms in the world.
Some of the awards include: Global Law Firm of the Year (Who’s Who Legal Awards, 2013), the award for Innovation in Technology (FT Innovative Lawyer Awards Europe, 2018) and City Law Firm of the Year (The Lawyer Awards, 2019).
Freshfields is also one of the top grossing law firms in the world with its annual revenue (for the year 2019-20) posted at £1.52 billion.
More from Spear’s