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A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought.
Quinn Emanuel Urquhart & Sullivan, LLP is a global white shoe law firm headquartered in Los Angeles, California. The firm employs approximately 800 attorneys throughout 23 offices around the world.
Dechert LLP is an American multinational law firm of more than 900 lawyers with practices in corporate and securities, complex litigation, finance and real estate, financial services, asset management, and private equity. In 2021, the firm raised revenues by 25%, with a total of $1.3 billion.
The American Lawyer is a monthly legal magazine and website published by ALM Media. The periodical and its parent company, ALM, were founded in 1979 by Steven Brill.
Paul Hastings LLP is a global law firm that represents a diverse client base in finance, M&A, private equity, and litigation. The firm’s high-profile clients include major Wall Street and global investment banks, many of the world’s top asset managers and Fortune 500 companies.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, Latham is the second-largest law firm in the world by revenue. As of 2021, Latham is also one of the most profitable law firms in the world, with profits per partner exceeding US$4.5 million.
Reed Smith LLP is a global law firm headquartered in Pittsburgh, Pennsylvania, with more than 1,500 lawyers in 30 offices throughout the United States, Europe, the Middle East and Asia.
Numerous current and former law firms are considered notable. Law firms are typically ranked by profit per partner, or at a more general level, revenue. Some private directories also assign subjective rankings to law firms, including Chambers and Partners and The Legal 500, although these are falling out of favour.
The Seven Sisters refers to a historical collection of seven law firms with offices in Toronto, Ontario, Canada.
Wragge & Co LLP was a UK-headquartered international law firm providing a full range of legal services to UK and international clients. Wragge & Co merged with the London law firm Lawrence Graham in May 2014, forming Wragge Lawrence Graham & Co. in 2016, Wragge Lawrence Graham & Co merged with the Canadian firm Gowlings to become Gowling WLG.
Herbert Smith Freehills is an international law firm with headquarters in London, United Kingdom and Sydney, Australia. It was formed on 1 October 2012 by a merger between the United Kingdom-based Herbert Smith, then a member of the "Silver Circle" of leading UK law firms, and Freehills, one of the "Big Six" Australian law firms. As of 2018, it is the 29th largest law firm in the world by revenue.
The legal services sector of the United Kingdom is a significant part of the national economy; it had a total output of £22.6 billion in 2013, up from 10.6 billion in 2001, and is equivalent to 1.6% of the country's gross domestic product for that year. The sector has a trade surplus is £3.1 billion in 2013 and directly employees 316,000 people, two-thirds of whom are located outside London. The UK is the world's most international market for legal services. It allows virtually unrestricted access for foreign firms, resulting in over 200 foreign law firms with offices in London and other cities in the UK. Around half of these are US firms, with the remainder mainly from Europe, Australia and Canada. The UK legal market has a strong global position due to the popularity of English law. Some 27% of the world's 320 legal jurisdictions use English Common law.
Gowling WLG is a multinational law firm formed by the combination of Canada-based Gowlings and UK-based Wragge Lawrence Graham & Co in February 2016, in the first multinational law firm combination co-led by a Canadian firm. Gowling WLG moves ranks at number 16 in The Lawyer UK 200 2019. On the list of largest law firms by revenue, Gowling WLG ranked as the highest revenue producing firm in Canada and 74th in the world (US$587,140,000) in 2017.
References
- 1 2 3 "The 2018 Global 100 Ranked by Revenue". The American Lawyer. Retrieved 2018-12-01.
- 1 2 3 "The Global 200, Ranked by Revenue". The American Lawyer. Retrieved 2018-12-01.
- ↑ "The 2018 Global 100 Ranked by Head Count". The American Lawyer. Retrieved 2018-12-01.
- ↑ "The Global 200, Ranked by Head Count". The American Lawyer. Retrieved 2018-12-01.
- 1 2 3 "The 2018 Global 100 Ranked by Profits per Equity Partner". The American Lawyer. Retrieved 2018-12-01.
- ↑ "Gowling WLG revenue climbs to £455m in second post-merger results". Legal Business. 2018-07-19. Retrieved 2018-12-01.