Large Law Firm

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A Large Law Firm is a law firm that is a large company specializing in providing extensive legal services through a significant number of lawyers and multiple offices, often across various regions or countries.

  • Context:
    • It can (typically) employ hundreds to thousands of lawyers, including partners, associates, and other legal professionals.
    • It can (often) provide various legal services across various practice areas such as corporate law, litigation, intellectual property, real estate, tax, and more.
    • It can operate multiple offices nationally or internationally, serving clients from different industries and jurisdictions.
    • It can have significant annual revenue, often ranking among the highest in the legal industry.
    • It can offer specialized departments and teams to handle complex legal issues and high-stakes cases.
    • It can utilize advanced legal technology and resources to enhance efficiency and client service.
    • It can engage in high-profile cases and transactions, representing major corporations, financial institutions, and government entities.
    • ...
  • Example(s):
    • Large American Law Firms, which dominate the legal market in the United States and have a significant global presence, such as:
      • Kirkland & Ellis LLP - Known for its strong corporate, litigation, and intellectual property practices, and high-profile M&A deals.
      • Latham & Watkins LLP - Offers a broad range of services globally, with expertise in corporate law, finance, litigation, and environmental law.
      • DLA Piper - One of the largest global law firms, providing services across a vast array of practice areas with offices in over 40 countries.
      • Baker McKenzie - Recognized for its international reach and diverse practice areas, including tax, antitrust, and employment law.
      • Skadden, Arps, Slate, Meagher & Flom LLP - Specializes in corporate law, especially M&A, with a significant presence in the financial and industrial sectors.
      • Sullivan & Cromwell LLP - Offers top-tier services in corporate law, litigation, and regulatory matters, known for its high-profile client base.
      • ...
    • Large Japanese Law Firms, which play a crucial role in the legal market in Japan and increasingly in international matters, such as:
      • Nishimura & Asahi - Japan's largest law firm, known for its expertise in corporate law, M&A, and dispute resolution, with a growing international practice.
      • Nagashima Ohno & Tsunematsu - Offers comprehensive legal services with strengths in corporate law, finance, and litigation, maintaining a strong domestic and international presence.
      • Mori Hamada & Matsumoto - Renowned for its work in corporate law, finance, and international business transactions, with offices in key financial centers globally.
      • ...
    • International Law Firms, which provide a wide range of legal services globally, with offices and practice areas spanning across continents, such as:
      • Allen & Overy LLP - Operates in over 40 offices across 31 countries, specializing in areas such as banking & finance, M&A, and litigation.
      • Clifford Chance LLP - Provides comprehensive legal services with a focus on complex commercial transactions and litigation.
    • ...
  • Counter-Example(s):
    • A Small Law Firm: Typically employs fewer lawyers and has a more localized practice.
    • A Boutique Law Firm: Specializes in a specific area of law, offering expert services in niche markets.
    • A Legal Aid Society: Non-profit organizations providing free or low-cost legal services to individuals who cannot afford private representation.
    • A Corporate Legal Department: An internal division within a corporation that handles the company’s legal matters.
    • ...
  • See: Law Firm, Legal Services, Corporate Law, Litigation, Global Law Firm.

References

2023

  • GBard
Rank	Firm	Revenue (US$ million)	Headcount	Revenue per lawyer (US$)	Profit per partner (US$)	Country with the most lawyers
1	Kirkland & Ellis LLP	6,042,000	3,025	1,997,000	7,388,000	United States
2	Latham & Watkins LLP	5,488,778	3,078	1,784,000	5,705,000	United States
3	DLA Piper         	3,471,437	4,028	  862,000	2,496,000	United States
4	Baker McKenzie.     	3,126,729	4,795	  652,000	1,833,000	United States
5	Skadden, Arps, Slate ..	3,022,380	1,644	1,838,000	5,088,000	United States
6	Dentons             	2,940,600	12,064	  244,000	379,000 	China
7	White & Case LLP.    	2,869,800	2,464	1,165,000	3,509,000	United States
8	Sidley Austin LLP.   	2,795,426	1,893	1,477,000	3,718,000	United States
9	Clifford Chance LLP. 	2,711,508	2,585	1,049,000	2,918,000	United Kingdom
10	Ropes & Gray LLP.   	2,674,046	1,372	1,950,000	4,333,000	United States

2023

  • ALM Legal Intelligence
    • QUOTE: The 2023 Global 200 is here! Take a deep dive into the definitive ranking & key metrics of the top 200 law firms in the world. This report offers data on key financial metrics and a deep analysis of the firms' performance and what it means for the rest of the global legal market.
    • The definitive ranking of Global 200 law firms includes:
   Gross Revenue
   Rankings on Gross Revenue
   Number of Lawyers Rankings on Number of Lawyers
   Average Revenue Per Lawyer
   Number of Equity Partners (for the Top 100 firms by revenue)
   Profit per Equity Partner (for the Top 100 firms by revenue)
   Rankings on Profits per Equity Partner (for the Top 100 firms by revenue)
   Number of Countries in Which the Firm Has Offices
   Country with the most lawyers and the percentage within that country
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