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Law Practice Industry Description

The law practice industry in the United States is a vital component of the country's legal system, providing legal services to individuals, businesses, and organizations. It encompasses a wide range of legal specialties, including but not limited to corporate law, criminal law, family law, intellectual property law, environmental law, and many more. Law practices in the USA can be structured in various ways, such as solo practitioners, small firms, large national or international firms, or even public interest organizations. These entities employ attorneys who are licensed to practice law in their respective states and are responsible for providing legal advice, representation, and advocacy to their clients. The industry is highly regulated, with each state having its own bar association that sets standards for admission to the legal profession and establishes rules of professional conduct. Attorneys must pass the state bar exam and meet other requirements to obtain a license to p...

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27,433

COMPANIES

810 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Law Practice

$130,943

AVG SALARY

top companies

List of Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Law Practice

United States, Illinois

1 Billion and Over

10001+

About Baker McKenzie

Baker McKenzie, officially known as Baker & McKenzie International, is a multinational law firm headquartered in Chicago, Illinois. Founded in 1949 by Russell Baker and John McKenzie, the firm has grown to become one of the largest and most prestigious law firms in the world, with offices in over 70 countries. Baker McKenzie was one of the first law firms to recognize the importance of globalization in the legal market, positioning itself as a pioneer in providing legal services on a global scale. The firm is renowned for its expertise in cross-border transactions and litigation, offering services across a wide range of legal disciplines including corporate law, tax, intellectual property, and environmental law, among others. Baker McKenzie's global reach and diverse team of legal professionals allow it to serve clients in virtually every major industry, from technology and pharmaceuticals to finance and consumer goods. Did You Know? Baker McKenzie was the first international law ...

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Law Practice

United States, New York

250 Million to 500 Million

501-1000

About Wachtell, Lipton, Rosen & Katz

Wachtell, Lipton, Rosen & Katz is a prestigious law firm headquartered in New York City, renowned for its significant influence in the corporate world, particularly in mergers and acquisitions (M&A), corporate law, and securities law litigation. Founded in 1965 by Herbert Wachtell, Leonard Rosen, Martin Lipton, and George Katz, the firm has consistently been at the forefront of legal innovation and high-stakes litigation, advising on some of the largest and most complex corporate transactions in history. Despite its relatively small size compared to other law giants, Wachtell, Lipton, Rosen & Katz boasts an unparalleled reputation for quality and effectiveness, often leading the rankings in per-partner profits among American law firms. This is attributed to its highly selective recruitment process and a unique compensation model that emphasizes teamwork and equal profit sharing among partners, rather than the more common "eat what you kill" model. Did You Know? Martin Lipton, one ...

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Law Practice

United States, New York

250 Million to 500 Million

1001-5000

About Cravath, Swaine & Moore

Cravath, Swaine & Moore LLP, often simply referred to as Cravath, is a prestigious American law firm with a rich history dating back to its founding in 1819. Headquartered in New York City, Cravath is renowned for its influential role in the development of the U.S. legal practice and its significant contributions to the evolution of corporate law. The firm operates with a single office in New York, a strategic choice that underscores its commitment to maintaining a tightly integrated practice. Cravath has been at the forefront of numerous landmark legal battles and transactions, cementing its reputation as a go-to firm for complex litigation and high-stakes corporate deals. It is particularly well-known for its work in mergers and acquisitions, securities, banking and credit, and tax practices. The firm's clientele includes some of the world's largest and most prominent corporations, financial institutions, and government entities. A distinctive feature of Cravath's operational mo...

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Law Practice

United States, Kansas

1 Billion and Over

1001-5000

About Sullivan & Cromwell

Sullivan & Cromwell LLP is a distinguished international law firm headquartered in New York City. Founded in 1879 by Algernon Sydney Sullivan and William Nelson Cromwell, the firm has played a pivotal role in numerous significant legal and business developments in the United States and globally. With a staff of approximately 875 lawyers, Sullivan & Cromwell operates out of 13 offices across Asia, Australia, Europe, and North America, offering services in a wide range of areas including corporate governance, mergers and acquisitions, securities, litigation, and arbitration. The firm is renowned for its involvement in high-profile cases and major corporate transactions. Notably, it advised on the largest-ever M&A transaction at the time, the acquisition of Mannesmann by Vodafone, and has been involved in the legal aspects of many of the largest global IPOs. Sullivan & Cromwell has also been a pioneer in developing legal strategies and structures for complex transactions, contributing...

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Law Practice

United States, New York

250 Million to 500 Million

1001-5000

About Davis Polk & Wardwell

Davis Polk & Wardwell LLP, often referred to simply as Davis Polk, is a prestigious international law firm with headquarters in New York City. Founded in 1849, the firm has played a significant role in the legal landscape of the United States and beyond, offering services across a wide array of practices including corporate law, litigation, and financial regulation. Davis Polk is renowned for its involvement in major legal milestones and high-profile cases. The firm has a global footprint, with offices in key financial hubs around the world including London, Tokyo, Hong Kong, and São Paulo, reflecting its strong presence in international legal matters. One of the firm's notable characteristics is its long-standing relationships with clients, including some of the world's largest corporations and financial institutions. Davis Polk has been at the forefront of significant mergers and acquisitions, securities offerings, and regulatory developments. Did You Know? Davis Polk played ...

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Law Practice

United States, New York

1 Billion and Over

1001-5000

About Simpson Thacher & Bartlett

Simpson Thacher & Bartlett LLP, often abbreviated as STB, is a prestigious international law firm headquartered in New York City. Established in 1884, the firm has built a reputation for its expertise in a wide range of legal practices, including mergers and acquisitions, banking and credit, capital markets, private equity, and litigation. With approximately 1,000 attorneys, Simpson Thacher operates from key financial centers around the globe, including offices in London, Tokyo, Hong Kong, Beijing, São Paulo, and Palo Alto. The firm is renowned for its involvement in significant legal milestones and its representation of some of the world's largest corporations and financial institutions. Simpson Thacher played a pivotal role in the development of the private equity industry and is known for its legal innovation and leadership in high-profile transactions. Did You Know? Simpson Thacher & Bartlett LLP was involved in the largest leveraged buyout in history, representing the priva...

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Law Practice

United States, New York

500 Million to 1 Billion

1001-5000

About Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton LLP, often referred to simply as Cleary Gottlieb, is a distinguished international law firm headquartered in New York City, United States. Founded in 1946 by Henry Friendly, George W. Ball, Leo Gottlieb, and several other notable attorneys, the firm has grown to become a global legal powerhouse, with offices in major cities across the world including London, Paris, Moscow, and Hong Kong, among others. Cleary Gottlieb is renowned for its work in antitrust, bankruptcy, and international law, providing comprehensive legal services to multinational corporations, financial institutions, sovereign governments, and international organizations. The firm's commitment to legal excellence and its innovative approach to complex legal challenges have earned it a prestigious reputation in the legal community. Did You Know? Cleary Gottlieb played a pivotal role in the development of the Eurobond market in the 1960s, a testament to its pioneering spirit and its ...

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Law Practice

United States, New York

500 Million to 1 Billion

1001-5000

About Latham & Watkins

Latham & Watkins LLP is a prestigious global law firm that stands as one of the largest in the world by both revenue and headcount. Founded in 1934 in Los Angeles, California, by Dana Latham and Paul Watkins, the firm has grown exponentially, boasting over 3,000 attorneys spread across approximately 30 offices around the globe. Latham & Watkins operates in all major jurisdictions and key economic centers worldwide, offering a wide array of legal services that cover practice areas such as corporate transactions, environmental law, intellectual property, and litigation. The firm is renowned for its commitment to excellence, diversity, and innovation. It has been at the forefront of addressing complex legal challenges, including landmark cases and significant transactions. Latham & Watkins has a unique "one-firm" culture that emphasizes collaboration and inclusivity, setting it apart from many of its competitors. Did You Know? Latham & Watkins was one of the first major global law ...

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Law Practice

United States, Illinois

1 Billion and Over

5001-10000

About Kirkland & Ellis

Kirkland & Ellis LLP, founded in 1909, stands as one of the world's most prestigious and financially successful law firms. Headquartered in Chicago, Illinois, the firm has expanded its reach globally, boasting offices in key financial centers across the United States, Europe, Asia, and the Middle East. Kirkland & Ellis is renowned for its expertise in corporate, intellectual property, litigation, M&A, private equity, and restructuring. The firm's client roster includes a mix of Fortune 500 companies, private equity investors, and other high-profile entities, underscoring its influence and reputation in legal circles. Kirkland & Ellis has been at the forefront of some of the most significant legal battles and deals, contributing to its high-profile status in the legal industry. Did You Know? Kirkland & Ellis was one of the first major law firms to adopt a two-tiered partnership model, distinguishing between equity and non-equity partners. This innovative approach has since been a...

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Law Practice

United States, New York

1 Billion and Over

1001-5000

About Weil, Gotshal & Manges

Weil, Gotshal & Manges LLP, often simply referred to as Weil, is a prestigious international law firm headquartered in New York City. Established in 1931 by Frank Weil, Sylvan Gotshal, and Horace Manges, the firm has grown to become one of the world's leading legal advisors, boasting a vast network of offices across the Americas, Europe, the Middle East, and Asia. Weil is renowned for its work in the areas of bankruptcy, private equity, mergers and acquisitions, and litigation, among others. A hallmark of Weil's global influence is its pivotal role in some of the most significant and complex bankruptcy cases in history, including the restructurings of General Motors and Lehman Brothers during the financial crisis of 2008. This expertise has not only solidified its reputation in the legal industry but also contributed to shaping bankruptcy law practices worldwide. Did You Know? Weil, Gotshal & Manges LLP was among the first major law firms to establish a dedicated Pro Bono practi...

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Industry Overview

The legal industry in the United States is a vast and complex sector that encompasses a wide range of legal services and professionals. It plays a crucial role in upholding the rule of law, protecting individual rights, and ensuring justice is served. This industry is characterized by its diverse array of legal specialties, including but not limited to corporate law, criminal law, civil litigation, intellectual property law, family law, and environmental law. Law firms are the primary entities within the legal industry, and they can vary greatly in size and structure. Some law firms are small, consisting of just a few attorneys, while others are large multinational firms with hundreds or even thousands of lawyers. Additionally, there are solo practitioners who operate independently. Law firms provide legal services to individuals, businesses, government entities, and nonprofit organizations. Apart from law firms, the legal industry also includes in-house legal departments within c...

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FAQ

FAQs

The top Law Practice companies in the US are Baker McKenzie, Wachtell, Lipton, Rosen & Katz and Cravath, Swaine & Moore. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 27856 of Law Practice companies in the US according to the latest CIENCE data.

The median revenue for Law Practice companies in the US is 2500000.

The average revenue for Law Practice companies is 30115918.

You can find job opportunities in the Law Practice through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The Law Practice companies are located across United States.

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