Law is one of the fastest-growing industries in the world. There are many medium-sized law firms out there, but they all pale in comparison to the largest law firms in the world. These five law firms have grown to be some of the biggest in the industry. They are set to continue their growth well into the future. In this blog, we’ll take a look at some of the more famous large law firms in operation today. And their impressive revenues and additional factors that contribute to their success.
Baker & McKenzie, the largest law firm in the US
Firm Capacity:
Baker & McKenzie is a law firm with a capacity of almost 3,000 lawyers located in 47 offices worldwide. Baker & McKenzie strives to maintain a work environment and lifestyle for employees. It will allow them to stay within their full potential. Baker & McKenzie participates in the Flex Plus Program. This program allows employees to work from home one day a week, work four days at their office and one day from home, or work two days at their office and two days from home.
Baker & McKenzie is a prestigious international law firm in the US. It has been in operation for more than 60 years. With its US office in Chicago, IL, and its global headquarters in Switzerland, Baker & McKenzie employs roughly 8500 attorneys. It approximately has 1600 partners located in 76 countries. Baker & McKenzie is ranked as one of the top law firms in the world by Legal 500.
Work Environment:
For qualified lawyers, Baker & McKenzie offers an innovative work environment that is different from any other law firm. It has flexible hours and advanced technology for example. In 2008, several family law experts from Baker & McKenzie’s Dallas office joined forces with Hensley Legal Group to form The Hensley Law Firm.
In 2014, after witnessing the need for legal services in Iraq following the U.S. invasion in 2003, Stephen Susman created The Susman Law Firm (SLF). It is used to serve Iraqi citizens on both sides of criminal and civil disputes who are unable to receive adequate representation. It is because they cannot afford it themselves or find it anywhere else.
DLA Piper, the London-based law firm
Firm Capacity:
DLA Piper, headquartered in London, is one of the world’s largest law firms. DLA Piper has over 1,700 lawyers and closes to 2,000 partners with 75 offices on six continents. The company generated more than $2 billion in revenue in 2015. DLA Piper was ranked No. 45 on Fortune’s 2016 list of 100 Best Companies to Work For. It ranked No. 14 on Fortune’s 2017 list of 100 Best Workplaces for Women.
Work Environment:
Fortune also named DLA Piper as a great place to work in five categories: diversity, flexibility, challenging work, career development, and social responsibility. In addition, Glassdoor included DLA Piper among its 25 Highest Paying Law Firms in America in 2014 based on base salary. The Firm made it onto Working Mother magazine’s list of 100 Best Companies for working mothers in 2009, 2010, and 2011.
Working Mother cited DLA Piper’s flexible working arrangements as one reason for its inclusion. Flexible hours, shortened work weeks, and telecommuting are available for employees who wish to do so. DLA Piper includes parental leave benefits in their vacation policy.
It also offers new parents 12 weeks at full pay followed by an additional 12 weeks at half pay. New parents can take up to four months of parental leave per child. Additionally, DLA Piper offers short-term disability benefits. It allows workers to take up to 26 weeks off from work after childbirth or adoption without losing their job.
Dentons, the law firm with 17,000 attorneys
Firm Capacity:
Ranked as the 3rd largest law firm by revenue, Dentons has more than 17,000 lawyers and advisors across 125 countries. As a member of one of the largest professional service firms on earth; it works with leading companies to handle their most important business challenges around the world. At home and abroad, the firm helps its clients plan projects and devise strategies to grow their businesses – before they execute them. It has done it for Volkswagen, Santander Bank, Shell Oil Company, and other leaders.
It provides access to deep-thinking specialists. They have experience at the highest levels of business and government. Their people work seamlessly together to provide clients with highly responsive legal advice backed by unmatched expertise from all over the world.
And there’s nowhere that matches their scope or reach; when it comes to delivering best-in-class legal services in virtually every market worldwide – at an unbeatable value. Some law firms offer significant cost savings for small corporations; others offer top-of-the-line talent but at a high price. At Dentons, you can get both.
Work Environment:
Dentons is also committed to maximizing its environmental footprint through ongoing programs. They are aimed at reducing energy consumption and greenhouse gas emissions while conserving natural resources. They are always looking ahead so we can deliver sustainable solutions today that will make life better tomorrow.
White & Case
Founded by New York attorneys who came together to consolidate their practices. White & Case has been in operation since its founding date in 1904. In that time, the firm grew from two lawyers to nearly 2,000 and opened a new office in Brussels last year. The international law firm provides both local and global services, with expertise spanning four continents and 12 industry sectors. While headquartered at 1221 Avenue of the Americas, New York City is still home to more than 900 White & Case attorneys and staff members.
Additionally, the office house 25 partners and 75 associates working in antitrust law; bankruptcy; banking law; capital markets; corporate governance and securities regulation; litigation; mergers and acquisitions (M&A); real estate transactions. Headquartered in New York City, White & Case also maintains major offices in Hong Kong, London, Paris, Moscow, and Tokyo.
Achievements:
Amongst the firm’s notable achievements are serving as counsel for several sovereign debt restructurings across Europe; representing Chrysler Financial during its emergence from Chapter 11 bankruptcy protection; advising BP on various matters related to its Deepwater Horizon oil spill disaster. Notable clients include HSBC Holdings plc., Google Inc., JPMorgan Chase & Co., Pfizer Inc., Barclays PLC, Verizon Communications Inc., and Union Carbide Corporation
Clifford Chance, a law firm with worldwide networks
Clifford Chance is one of the top five largest law firms in the world, specializing primarily in corporate law. Clifford Chance offers clients several different programs and services, including international law and litigation. It currently has more than 2,700 attorneys that work out of its offices located around six different continents. Clifford Chance also offers certain law classes to students to help them prepare for law school.
The curriculum for these classes can be tailored to suit the student’s interests and career goals. In this way, they can be well prepared for what lies ahead. Additionally, graduates from law schools worldwide may attend conferences and seminars at the firm.
These events allow professionals from all over the world to meet together and discuss important legal issues that affect businesses today. In addition to its law practice, Clifford Chance provides consulting services such as due diligence and company formation.
Worldwide Networking:
Clifford Chance operates as a privately held company with major stakes in publicly traded companies including Deloitte Touché Tohmatsu Limited (DTT), First Hawaiian Bank (FHB), Unilever NV (UNVR), and Walt Disney Company (DIS). With locations spanning six continents, Clifford’s Chase is an extremely large law firm. The firm has a larger network across the globe.