Company Rankings

Largest Law Firms in the World (2026)

The 20 largest law firms in the world ranked by latest-year revenue: Am Law 100 2026 figures and firms' own FY2026 results, from Kirkland & Ellis down.

This list ranks 20 of the largest law firms in the world by gross revenue for their most recent fiscal year, using the 2026 Am Law 100 published by The American Lawyer in April 2026 for US firms and the results published by UK and international firms for the year to 30 April 2026.

Kirkland & Ellis is the largest, with 2025 revenue of US$10.556bn, followed by Latham & Watkins with US$8.300bn; no other firm exceeded US$5bn. The Am Law 100 firms together reported revenue of US$178.95bn for 2025, up 13.0% on the previous year. The largest firms reporting on the UK fiscal year to 30 April are A&O Shearman, Clifford Chance and Linklaters, each with revenue of between about US$3.3bn and US$3.7bn.

Contents
  1. How law firm size is measured
  2. Methodology
  3. The list
  4. Comparison table
  5. Mergers and disclosure
  6. Profitability
  7. Frequently asked questions
  8. See also

How law firm size is measured

Law firms are usually compared by gross revenue, revenue per lawyer, profits per equity partner and lawyer headcount. The American Lawyer's Am Law 100 ranks US-based firms on calendar-year figures; Law.com's Global 200, published on 15 September 2026, ranks firms worldwide by revenue and headcount and converts non-US revenue into US dollars. Clifford Chance and Linklaters close their books on 30 April and published results in July 2026, so their latest figures cover a period four months later than the US calendar year.

Methodology

The full Global 200 and Am Law 100 tables are available only to subscribers. This list therefore uses revenue figures that could be verified from freely accessible sources: the Am Law 100 top ten as reported by Above the Law, firm press releases and reports in the legal press. Firms are ordered by revenue in US dollars; where a firm reports in sterling, the dollar figure given by the firm or by the publication cited is used and no conversion has been made here.

Several figures are published only in rounded form (for example about US$3.7bn for A&O Shearman and about US$3.3bn for Linklaters and Paul Weiss), so the order of firms with similar revenue is indicative. Firms whose latest annual revenue could not be confirmed from an accessible source, including Davis Polk & Wardwell, Jones Day, Greenberg Traurig, Dentons and Freshfields, are omitted rather than estimated.

The list

1

Kirkland & Ellis

Best for: Private equity, M&A and restructuring

Kirkland & Ellis is the largest law firm in the world by revenue. The 2026 Am Law 100, published by The American Lawyer on 14 April 2026, records gross revenue of US$10.556bn for 2025, an increase of 19.93%, from 4,145 lawyers. Its profits per equity partner of US$11.121m were the second-highest in the ranking after Wachtell, Lipton, Rosen & Katz. Kirkland has since announced that it will stop sharing its financial figures with The American Lawyer.

Revenue
US$10.556bn
Revenue change
+19.93%
Fiscal period
Calendar 2025 (Am Law 100 2026)
Lawyers
4,145
Profits per equity partner
US$11.121m
2

Latham & Watkins

Best for: Corporate, finance and litigation

Latham & Watkins recorded gross revenue of US$8.300bn in 2025, up 18.57%, keeping second place in the Am Law 100. Its profits per equity partner were US$8.654m, the sixth-highest in the ranking. Kirkland's revenue exceeded Latham's by about US$2.3bn.

Revenue
US$8.300bn
Revenue change
+18.57%
Fiscal period
Calendar 2025 (Am Law 100 2026)
Profits per equity partner
US$8.654m
3

DLA Piper

Best for: Full-service global practice

DLA Piper ranked third in the 2026 Am Law 100 with gross revenue of US$4.583bn, up 8.10% on the previous year. It was one of the seven firms that kept their positions in the top ten. Its growth rate was below the Am Law 100 average of 13.0%, so the firm ranked fourth by revenue, Gibson Dunn, narrowed the gap.

Revenue
US$4.583bn
Revenue change
+8.10%
Fiscal period
Calendar 2025 (Am Law 100 2026)
4

Gibson Dunn & Crutcher

Best for: Litigation and transactional work

Gibson, Dunn & Crutcher rose one place to fourth in the 2026 Am Law 100, with gross revenue of US$4.211bn, up 18.37%. Its profits per equity partner of US$8.890m placed it fifth in the profitability ranking.

Revenue
US$4.211bn
Revenue change
+18.37%
Fiscal period
Calendar 2025 (Am Law 100 2026)
Profits per equity partner
US$8.890m
5

Skadden, Arps, Slate, Meagher & Flom

Best for: M&A and litigation

Skadden, Arps, Slate, Meagher & Flom slipped one place to fifth in the 2026 Am Law 100, with gross revenue of US$4.073bn, up 11.00%. Its revenue per lawyer of US$2.319m was among the ten highest of the Am Law 100.

Revenue
US$4.073bn
Revenue change
+11.00%
Fiscal period
Calendar 2025 (Am Law 100 2026)
Revenue per lawyer
US$2.319m
7

Ropes & Gray

Best for: Private equity and asset management

Ropes & Gray recorded gross revenue of US$3.737bn in 2025, up 9.39%, ranking seventh in the Am Law 100. Its revenue per lawyer of US$2.524m was the fifth-highest among the 100 firms.

Revenue
US$3.737bn
Revenue change
+9.39%
Fiscal period
Calendar 2025 (Am Law 100 2026)
Revenue per lawyer
US$2.524m
8

A&O Shearman

Best for: Banking, finance and capital markets

A&O Shearman reported revenue of about US$3.7bn (£2.8bn) for its fiscal year to 30 April 2026, its second year after the merger of Allen & Overy and Shearman & Sterling, with revenue similar to the previous year. Pre-tax profit rose 14% to US$1.6bn and profit per equity partner was US$2.9m. The firm reports in a different fiscal year from US firms and gives a rounded figure, so its position relative to Ropes & Gray and Baker McKenzie is approximate.

Revenue
about US$3.7bn (£2.8bn)
Revenue change
Flat in US dollars
Fiscal period
Year to 30 April 2026
Pre-tax profit
US$1.6bn
Profit per equity partner
US$2.9m
9

Baker McKenzie

Best for: Cross-border work in many jurisdictions

Baker McKenzie ranked eighth in the 2026 Am Law 100 with gross revenue of US$3.640bn, up 7.24%. It was among the seven firms that held their top-ten positions from the previous year. Its growth was the slowest of the Am Law top ten.

Revenue
US$3.640bn
Revenue change
+7.24%
Fiscal period
Calendar 2025 (Am Law 100 2026)
11

Simpson Thacher & Bartlett

Best for: Private equity and M&A

Simpson Thacher & Bartlett rose two places into the Am Law top ten, with gross revenue of US$3.553bn in 2025, up 22.66%, the fastest growth among the ten largest US firms. Its profits per equity partner of US$8.569m ranked eighth.

Revenue
US$3.553bn
Revenue change
+22.66%
Fiscal period
Calendar 2025 (Am Law 100 2026)
Profits per equity partner
US$8.569m
12

Clifford Chance

Best for: Finance and capital markets

Clifford Chance reported revenue of £2.6bn, about US$3.5bn, for the year to 30 April 2026, up 9% in constant currency, and partnership profit of £1.05bn, the first time it has exceeded £1bn. Profit per equity partner rose 9% to £2.3m. During the year it opened offices in Paris, Houston and London and added 25 lateral partners, 15 of them in the US.

Revenue
about US$3.5bn (£2.6bn)
Revenue change
+9% (constant currency)
Fiscal period
Year to 30 April 2026
Partnership profit
£1.05bn
Profit per equity partner
£2.3m
13

Morgan, Lewis & Bockius

Best for: Labour, regulatory and corporate work

Morgan, Lewis & Bockius generated revenue of US$3.36bn in 2025, according to The American Lawyer figures cited by NonBillable. The firm was founded in Philadelphia in 1873 and has more than 2,200 lawyers and legal professionals in more than 30 offices. Its profit per equity partner is not disclosed.

Revenue
US$3.36bn
Fiscal period
Calendar 2025 (Am Law 100 2026)
Founded
1873
Offices
More than 30
14

Linklaters

Best for: Corporate, finance and disputes

Linklaters reported revenue of £2.47bn for the year to 30 April 2026, up 6.8%, with pre-tax profit of £1.2bn and profit per equity partner of £2.48m. Bloomberg Law converted the revenue to about US$3.3bn.

Revenue
about US$3.3bn (£2.47bn)
Revenue change
+6.8%
Fiscal period
Year to 30 April 2026
Pre-tax profit
£1.2bn
Profit per equity partner
£2.48m
15

Paul, Weiss, Rifkind, Wharton & Garrison

Best for: Litigation and private-equity M&A

Paul, Weiss, Rifkind, Wharton & Garrison had revenue of about US$3.3bn in 2025, up 24%, and profit per equity partner of US$8.6m, seventh in The American Lawyer's ranking. The firm has told The American Lawyer that it will no longer provide its financial data, so the 2025 figures are expected to be the last it publishes.

Revenue
about US$3.3bn
Revenue change
+24%
Fiscal period
Calendar 2025 (Am Law 100 2026)
Profits per equity partner
US$8.631m
16

Hogan Lovells Cadwalader

Best for: Regulated industries

Hogan Lovells reported record gross revenue of US$3.285bn for 2025, up from US$2.965bn in 2024, with revenue per lawyer of US$1.210m and profit per equity partner of US$3.522m. The firm's website now carries the name Hogan Lovells Cadwalader (HLC); the revenue figure shown is the one Hogan Lovells published for its 2025 financial year.

Revenue
US$3.285bn (Hogan Lovells)
Revenue change
+10.8%
Fiscal period
Calendar 2025
Profit per equity partner
US$3.522m
Revenue per lawyer
US$1.210m
17

McDermott Will & Schulte

Best for: Health care, private equity and tax

McDermott Will & Schulte was formed in 2025 by the merger of McDermott Will & Emery and Schulte Roth & Zabel. NonBillable records 2025 revenue of US$2.99bn and profit per equity partner of US$5.17m, citing The American Lawyer for the latter, and describes a firm of around 1,750 lawyers in more than 20 offices.

Revenue
US$2.99bn
Fiscal period
Calendar 2025
Lawyers
About 1,750
Profit per equity partner
US$5.17m
18

Norton Rose Fulbright

Best for: Energy, infrastructure and financial institutions

Norton Rose Fulbright reported global revenue of US$2.8bn for 2025, growth of more than 16%, as it approached the US$3bn mark. Legal Business reported that its profit per equity partner reached about US$2m, a double-digit percentage increase.

Revenue
US$2.8bn
Revenue change
More than +16%
Fiscal period
Calendar 2025
19

Quinn Emanuel Urquhart & Sullivan

Best for: Commercial litigation and arbitration

Quinn Emanuel Urquhart & Sullivan increased revenue by 12.6% to nearly US$2.8bn, its third consecutive year of double-digit growth. Its profits per equity partner of US$9.545m were the fourth-highest in the Am Law 100, and its revenue per lawyer of US$2.453m the seventh-highest.

Revenue
nearly US$2.8bn
Revenue change
+12.6%
Fiscal period
Calendar 2025
Profits per equity partner
US$9.545m
Revenue per lawyer
US$2.453m
20

Herbert Smith Freehills Kramer

Best for: Disputes, energy and corporate work

Herbert Smith Freehills Kramer reported revenue of US$2.4bn (£1.8bn) for its first financial year after the merger, which went live in June 2025; the period includes 12 months of the legacy Herbert Smith Freehills business and 11 months of Kramer Levin. Profit was US$850.8m and profit per equity partner US$2.05m, and the firm has more than 2,700 lawyers.

Revenue
about US$2.4bn (£1.8bn)
Revenue change
n/a (first combined year)
Fiscal period
1 May 2025 to 30 April 2026
Lawyers
More than 2,700
Profit
US$850.8m

Comparison table

RankFirmRevenueChangeFiscal period
1Kirkland & EllisUS$10.556bn+19.93%Calendar 2025 (Am Law 100 2026)
2Latham & WatkinsUS$8.300bn+18.57%Calendar 2025 (Am Law 100 2026)
3DLA PiperUS$4.583bn+8.10%Calendar 2025 (Am Law 100 2026)
4Gibson Dunn & CrutcherUS$4.211bn+18.37%Calendar 2025 (Am Law 100 2026)
5Skadden, Arps, Slate, Meagher & FlomUS$4.073bn+11.00%Calendar 2025 (Am Law 100 2026)
6Sidley AustinUS$3.738bn+8.68%Calendar 2025 (Am Law 100 2026)
7Ropes & GrayUS$3.737bn+9.39%Calendar 2025 (Am Law 100 2026)
8A&O Shearmanabout US$3.7bn (£2.8bn)Flat in US dollarsYear to 30 April 2026
9Baker McKenzieUS$3.640bn+7.24%Calendar 2025 (Am Law 100 2026)
10White & CaseUS$3.594bn+8.36%Calendar 2025 (Am Law 100 2026)
11Simpson Thacher & BartlettUS$3.553bn+22.66%Calendar 2025 (Am Law 100 2026)
12Clifford Chanceabout US$3.5bn (£2.6bn)+9% (constant currency)Year to 30 April 2026
13Morgan, Lewis & BockiusUS$3.36bnn/aCalendar 2025 (Am Law 100 2026)
14Linklatersabout US$3.3bn (£2.47bn)+6.8%Year to 30 April 2026
15Paul, Weiss, Rifkind, Wharton & Garrisonabout US$3.3bn+24%Calendar 2025 (Am Law 100 2026)
16Hogan Lovells CadwaladerUS$3.285bn (Hogan Lovells)+10.8%Calendar 2025
17McDermott Will & SchulteUS$2.99bnn/aCalendar 2025
18Norton Rose FulbrightUS$2.8bnMore than +16%Calendar 2025
19Quinn Emanuel Urquhart & Sullivannearly US$2.8bn+12.6%Calendar 2025
20Herbert Smith Freehills Kramerabout US$2.4bn (£1.8bn)n/a (first combined year)1 May 2025 to 30 April 2026

Mergers and disclosure

Mergers have reshaped the upper part of the ranking. A&O Shearman, formed from Allen & Overy and Shearman & Sterling, completed its second post-merger year in April 2026; Herbert Smith Freehills Kramer and McDermott Will & Schulte were created by mergers in 2025; and Hogan Lovells now publishes as Hogan Lovells Cadwalader.

Disclosure is also changing. Paul Weiss has told The American Lawyer that it will stop providing financial data, and Kirkland & Ellis has announced a similar decision, so future rankings may rely on estimates for two of the largest US firms.

Profitability

The most profitable firms are not the largest. Wachtell, Lipton, Rosen & Katz, with 272 lawyers, led the 2026 Am Law 100 on both profits per equity partner (US$12.152m) and revenue per lawyer (US$5.085m), but its total revenue is well below that of the firms in this list. Average profits per equity partner across the Am Law 100 were US$3.59m, up 14.0%.

Frequently asked questions

What is the largest law firm in the world?

Kirkland & Ellis is the largest law firm in the world by revenue. The 2026 Am Law 100 records gross revenue of US$10.556bn for 2025, up 19.93%, from 4,145 lawyers. Latham & Watkins is second with US$8.300bn, and DLA Piper third with US$4.583bn.

What is the largest law firm in the UK?

Among the Magic Circle firms that report on a UK fiscal year, A&O Shearman reported the highest revenue, about US$3.7bn (£2.8bn) for the year to 30 April 2026. Clifford Chance followed with £2.6bn and Linklaters with £2.47bn. For comparison, DLA Piper reported US$4.583bn for 2025 in the Am Law 100.

What is the largest law firm by number of lawyers?

Law.com's Global 200 ranks firms separately by revenue and by lawyer headcount, but its full table is available only to subscribers, so a complete headcount ranking is not freely available. Among the firms in this list, Kirkland & Ellis reports 4,145 lawyers, HSF Kramer more than 2,700 and McDermott Will & Schulte about 1,750.

Which law firm is the most profitable?

Wachtell, Lipton, Rosen & Katz had the highest profits per equity partner in the 2026 Am Law 100, at US$12.152m, followed by Kirkland & Ellis at US$11.121m and Davis Polk & Wardwell at US$9.800m. Wachtell also had the highest revenue per lawyer, US$5.085m, with only 272 lawyers.

What is the Am Law 100?

The Am Law 100 is The American Lawyer's annual ranking of the 100 highest-grossing US-based law firms, published each April using the previous calendar year's figures. The 2026 edition, covering 2025, recorded combined revenue of US$178.95bn, up 13.0%, and 128,868 lawyers across the 100 firms.

See also

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