Which is The Best Law Firm in The World?

The law oversees our day-to-day conduct and covers critical matters in our businesses, corporate affairs, arbitrations, finance, taxation, and significant areas like the administration and the political arena. Several factors rank elite corporate firms like the Montagna Law – PI Law Firm in Norfolk. Some of these include but are not limited to perception in the market, capacity to handle all of the client needs, and how strong their technical ability is at handling complex works. Annual revenue also plays a vital role in general rankings, and it’s also among the easy-to-follow ranking criteria. Here are some of the best law firms in the world.

Latham and Watkins LLP

Latham is among the world’s largest law firms, with more than 2 300 attorneys in 29 offices worldwide. Its major jurisdictions revolve around the U.S., Europe, Asia, the Middle East and represent business companies across Africa and Latin America. Latham and Watkins LLP bases its headquarters in Los Angeles and has an annual revenue of $3.77 billion per 2020 global 200. The firm covers multiple top-ranked practices ranging from healthcare and security, environmental law, and project finance to intellectual property.

Kirkland and Ellis LLP

Kirkland and Ellis LLP is another elite law firm majorly known for its robust services in fields like corporate, litigation, intellectual property, restructuring fields, M and A, and private equity. The U.S.-based law firm has more than 2700 lawyers, and it’s widely recognized as one of the most successful law firms globally. The firm’s 2019 annual revenue stands at $4.15 billion, ranking it among the highest-grossing firms worldwide. It also serves top-notch clients like Boeing, Nike, Delta Airlines, Verizon, Oaktree Capital, General Motors, Intel, Vista Equity Partners (and many others). 

Cravath, Swaine, and Moore LLP

Founded by Richard Blatchford and William Seward, Cravath puts its trademark among the long-serving law firms in the country, with two centuries in service. The highly distinguished law firm has two of its offices in New York and London. It majors its services in banking and credit, antitrust, corporate governance, M and A, security litigations, trusts and estates, white-collar criminal defense capital market, and executive compensation. Besides having the majority of offices in the U.S., the firm serves more than one-third of its clients in other parts of the globe. And has a substantial reputation for handling corporate matters (as per the Vault’s Best Law Firms for General Corporate Practice)

Clifford Chance US LLP

Clifford Chance US LLP is a monstrous legal entity with more than 2400 attorneys across the globe. The firm was founded after the heavyweight U.K firms Clifford Turner and Coward Chance came together in 1987 to form a single entity. The firm has ever since opened up multiple offices and established extensive relations with a handful of clients across the globe. That includes boosting the number of its attorneys to thousands, enabling it to undertake many significant deals, and working them out instantaneously. The legal behemoth currently has over 32 offices spanning the U.S., Europe, Asia Pacific, the Middle East, and Africa. Some of its strongholds include but are not limited to banking and finance, corporate, litigation, capital markets, dispute resolution, tax pensions, real estate, and employment. In particular, the firm holds a robust reputation in the financial area, not to mention its diverse cross-practice areas like in Latin America, such as M and A, and capital markets.

Baker McKenzie

Baker and McKenzie take on an outstanding reputation by basing its offices in every continent. Started by John McKenzie and Russell Baker in 1948, the legal entity has diversified its area of operation across the globe and reinforced its financial ability in tackling a vast number of competitors worldwide. The firm boasts of its more than 6000 advocates overseeing various jurisdictions. Not to mention, the entity has more than 78 offices in at least 47 countries, with more capacity to grow. It is widely known for its away-from-home work and majorly deals with matters surrounding tax practices. The firm’s other common areas include employment, intellectual property, M and A, real estate, private equity, restructuring, capital markets, and the different regions.

Wachtell Lipton and Katz

Founded in 1965, Wachtell Lipton is a New York-based firm widely known for its competitive capabilities in taking on challenging and riskier cases. The company has its strongholds in the M and A practices. Other typical areas of operation include private equity, banking, and financial service as well as corporate. The law firm stands out as one of the most independent and top-rated law firms.