info@ceoworld.biz
Tuesday, October 20, 2020

Stats Gate

Most Influential Law Firms in the World

Humans are hardwired to conflict with each other. In ancient times, differences between two disputing parties were settled by resorting to primitive solutions like war and trial by combat.

Things have changed drastically since then. Legal systems have been created. As a result, savage punishments have been replaced by more civilized and humane measures.

The global legal services industry is projected to reach USD 1,045.24 billion by 2025, growing at a CAGR of 4.1% from 2020 to 2025. And almost half of the global legal services market is attributed to the USA.

Whether you need a law firm to resolve a legal matter or to join to improve the prospects of your career in law, these are the world’s most influential law firms:

  1. Dentons
    Law Firm Type: Swiss Verein
    Dentons is the only law firm on this list that does not have a headquarters. It has the highest headcount of lawyers in the world. 10,000+ lawyers on its payroll carry out its operations through 183 offices spread over more than 70 countries.
  2. DLA Piper
    Law Firm Type: Swiss Verein
    Even though the parent company was founded in 1764, the current organization dates back to 2005.  DLA LLP, Gray Cary Ware & Freidenrich LLP, and Piper Rudnick LLP were merged to create a powerful law firm known today as DLA Piper.
    It employs nearly 4,000 lawyers in its offices that are spread across more than 40 countries. Education, government contracting, insurance, and technology sectors are its main practice areas.
  3. Clifford Chance
    Law Firm Type: Limited liability partnership
    Clifford Chance is the only law firm on the list that has its headquarters outside of the US. Headquartered in London, it has 36 offices all over the world.
    Clifford Chance is a member of the “Magic Circle’ – a prestigious group of five multinational law firms headquartered in London. It has approximately 2,400 lawyers on its payroll.
  4. Skadden, Arps, Slate, Meagher & Flom
    Law Firm Type: Limited liability partnership
    Popularly known as just Skadden, it is mainly noted for its practice in the areas of transactions, litigation/controversy, and regulatory legal services.
    It offers its services to clients in every prime financial center. It has been awarded as the ‘law firm of the year’ in both corporate and tax law categories.
  5. Baker McKenzie
    Law Firm Type: Corporate law
    Baker McKenzie has more than 4,600 lawyers on board in its offices spread across 47 countries. Its areas of legal specializations are:
    Antitrust & Competition; Banking & Finance; Capital Markets; Compliance & Investigations; Data & Technology; Dispute Resolution; Employment & Compensation; Environment & Climate Change; Intellectual Property; International Commercial & Trade; Mergers & Acquisitions; Private Equity; Projects; Real Estate; Restructuring & Insolvency; and Tax. Of all these, Baker McKenzie is considered one of the best law firms for its prowess in handling mergers and acquisitions.
  6. Latham & Watkins
    Law Firm Type
    : Full legal services
    Latham & Watkins has offices in 14 countries and employs more than 2,400 lawyers. It is specially known for its legal services in activism, entertainment, media, political contributions, real estate, and white-collar defense. It specializes in offering these services for Aerospace, Automotive, Clean Technology, Defense & Government Services, Fintech, Oil & Gas, and Life Sciences industries.
  7. Kirkland & Ellis
    Law Firm Type: Limited liability partnership
    Kirkland & Ellis handles corporate clients from corporate, intellectual property, litigation, restructuring, and taxation domains. It is considered the leading firm when it comes to intellectual property, private equity, and restructuring practices.
    It is also known for its specialization in litigation practice, mainly for major corporate clients that go to trial. It employs about 2,000 lawyers. Some members of its star-studded list of clients are Boeing, BP, General Motors, Delta Airlines, Medtronic, Nike, Verizon, Volkswagen, Toys R Us, etc.

Companies hire law firms for a variety of disputes. Some of the most common legal services that law firms offer are:

  • Administration
  • Arbitration
  • Antitrust
  • Business
  • Copyrights
  • Corporate affairs
  • Finance
  • Labor
  • Litigation
  • Patents
  • Political matters
  • Property
  • Social issues
  • and taxation

Hav you read?
Wealthiest People In Fashion World.
World’s Best Cities For Shopping.
World’s Most Stressed-Out Cities For Employees.
World’s Best Football Cities.

Aastha Maheshwari
Aastha Maheshwari, Staff Writer for the CEOWORLD magazine. Aastha has a decade of experience as a journalist and editor working for various magazines, newspapers, and digital publications and is now a Staff Writer at The CEOWORLD magazine. She is passionate about disrupting the status quo and unlocking the business value to create sustainable results. She specialized in reporting on both local and world news, as well as interviewing well-known business leaders, senior management executives, investors, and high net worth individuals. She can be reached on email aastha-maheshwari@ceoworld.biz.