Most Prestigious Law Firms in the USA in 2022-2023
The most prestigious law firms in the USA have won countless awards for their stellar work. The list is based on an evaluation of lawyer reputations at peer firms, and more than 20,000 associates were surveyed about their peer firms’ reputations. Sullivan & Cromwell, Wachtell Lipton, and Gibson Dunn each have their own ranking, but which one is the best? Here are some recommendations:
Sullivan & Cromwell
Sullivan & Cromwell has been recognized as one of the top law firms in the USA. The firm is renowned for its capital markets practice, but also has a strong presence in corporate governance, mergers and acquisitions, and private equity. Its litigation department also attracts top talent. The firm offers a comprehensive range of legal services to clients from around the world.
Founded in 1879, Sullivan & Cromwell has offices in a number of cities across the world. The firm’s New York City office is located in the Financial District and employs more than 550 lawyers. The New York office works with lawyers in other offices around the world to provide legal services to clients. The firm conducts leading global practices in banking, securities, commercial real estate, litigation, and estates. It also provides legal services to individuals in criminal defense, and it focuses on intellectual property and technology law.
In terms of salaries, Sullivan & Cromwell is one the highest paid law firms in the USA. The firm’s lowest-paid job is Legal Recruiting Assistant, but its reputation is unsurpassed in the legal industry. With a record of success and unmatched client service, it is one of the most prestigious law firms in USA. In fact, many people working at Sullivan & Cromwell earn six-figure salaries each year, and the firm’s average salary is around $30 per hour.
The firm is known as one of the leading defenders of public companies against activist shareholders. Their clients include many of the world’s biggest companies, from AOL to Forest Laboratories. They also advise on complex transactions involving public offerings, capital raising, and innovative financial products. They have also received many accolades and awards for their work, including the 2008 World Trade Center reconstruction lawsuit and the induction of the firm’s members into the Benchmark Litigation Hall of Fame.
Unlike many other law firms, Wachtell Lipton retains a smaller number of partners. The firm’s partners work closely with their clients and are paired with them when they need to handle big deals. They believe their flat structure is essential for their success. The firm’s headcount is around half that of its closest competitor Cravath, Swaine & Moore. However, they are still a big name in corporate America.
In the rankings, the firm retained its No. 1 spot in 2015. The firm’s prestigious reputation has made it a top choice for clients. However, the firm’s practices are not without controversy. During the financial crisis, Latham & Watkins was criticized for laying off almost 200 attorneys. The firm was also criticized by law students for their stance on the fossil fuel industry. The firm was among the top four firms in the USA for its climate change work, according to Law Students for Climate Accountability.
The Gibson law firm is consistently ranked among the top firms in the country by Chambers and Partners, and has been named “Top Litigation Department” in 2010. In 2010, the firm achieved a new record for gross revenue, setting a record for the largest single-year increase in the firm’s history. The firm has zero bank debt and maintains a conservative fiscal strategy, which has resulted in no economic layoffs of attorneys or associates and no performance-based firings.
Founded in 1897, Gibson Dunn has a conservative reputation rooted in its links to Republican elites. The firm’s success is largely based on the reputations of its star litigators, including Eugene Scalia and Ted Olson. Although the firm has over a thousand attorneys and several dozen offices worldwide, there does not seem to be a cohesive culture at the firm.
The firm’s lawyers have considerable experience in handling insolvency proceedings. The firm routinely represents creditors in bankruptcy and restructurings, including joint ventures and class actions. Its appellate practice is renowned for its expertise in complex business and financial litigation. The firm’s lawyers represent companies and individuals in complex disputes involving statutory, regulatory and constitutional issues. Gibson Dunn also focuses on complex real estate transactions.
Foley & Lardner
The firm is one of the largest and most successful in the United States, and has been in business for more than 200 years. During its history, Foley & Lardner has represented such diverse clients as Marshall Field’s, the Chicago Board of Trade, Continental Bank of Illinois, Schlitz Brewery, and other large businesses. Currently, Foley & Lardner has a national presence and more than 900 attorneys.
With offices worldwide, Foley & Lardner provides top-tier legal advice and solutions to clients in all industries. The firm is recognized for its team-based approach and innovative technology. It is also renowned for its focus on value and client service. For the ninth consecutive year, Foley & Lardner was named to the BTI Client Service 30. The firm has also been recognized by U.S. News & Best Lawyers as one of the most prestigious law firms in the United States.
Foley & Lardner was founded in 1842 in Milwaukee, Wisconsin. It became a national firm in the 1970s after establishing a branch in Washington, D.C., and the first Wisconsin law firm outside the state. In 1974, the firm merged with another firm, Hollabaugh & Jacobs. This merger allowed Foley & Lardner to expand its Madison office, making it the largest in the state’s capital.
Kirkland & Ellis
The renowned Chicago firm Kirkland & Ellis was founded in 1909 by Stuart Shepard and Robert McCormick, who were both descendants of the founder of the Chicago Tribune. McCormick left the firm in 1920 to become the Tribune’s publisher, but used this opportunity to send more business to Kirkland trial attorney Weymouth Kirkland. In the process, Kirkland & Ellis carved out a legacy for themselves by successfully defending newspapers in significant free speech cases. In 1915, Howard Ellis joined the firm.
While this firm has many notable alums who worked in Republican government, the conservative reputation of the firm does not represent the firm as a whole. In fact, in the 2008 election, 77% of the firm’s attorneys donated to Democratic candidates. Their own political action committee, meanwhile, gave 97% to Democrats. So, while the firm may have a reputation for being a conservative firm, the reputation of its lawyers and associates speaks for itself.
If you’re looking for a challenging career and want to work for a top law firm, Kirkland & Ellis might be the perfect place to start. Located in the heart of Chicago, Kirkland & Ellis is the legal giant that many individuals aspire to be. As an associate at Kirkland, you’ll have the chance to be a part of this dynamic team and be a part of a culture that supports its associates and partners.
Latham & Watkins
The renowned law firm of Latham & Watkins has offices in 14 countries and has over 3,000 attorneys. The firm specializes in dozens of practice areas and recruits only the best lawyers to join their ranks. The firm provides significant training and support to its attorneys, making it one of the largest law firms in the world. Its services span from litigation to corporate finance, from employment law to environmental law, and from tax services to regulatory and government affairs.
The firm’s acclaimed lawyers regularly appear in top rankings of the legal industry. The law firm’s reputation in particular is solid in the highly regulated industries of health care, private equity, and technology. Roberta Kaplan, who was part of the legal team that argued against the Defense of Marriage Act, is a notable example of its work in this area.
The firm’s lawyers have extensive experience in the defense and compliance fields. They are well-versed in issues affecting their clients’ enterprises and are known to donate large sums to Democratic candidates. The firm’s lawyers are also deeply involved in the fields in which their clients operate. During the recent financial crisis, the firm laid off more than 250 lawyers and staff members, garnering negative press coverage. Moreover, the firm has been listed among the top four fossil-fuel-related law firms by the group Law Students for Climate Accountability.