Above the Law's Outside Counsel Rankings: Who You Gonna Call?
For the third year, Above the Law asked in-house counsel what they thought of their outside law firms. Of course, there are a multitude of ways of rating and ranking law firms, from deal tables to “profits-per-partner” to “prestige.” But there is no more crucial issue to firms than what clients—or potential clients—think of them. For Biglaw firms, the clients that truly matter are GCs and legal departments at America’s top companies.
Who do in-house counsel call when they need legal help? Who do they call when their company can’t afford to lose? The Above the Law Outside Counsel Rankings have been generated exclusively from surveys to in-house counsel at top companies. Their opinion is a true measure of law firm “prestige,”—the kind that leads directly to business.
Methodology
In late 2019 and through January of this year, we reached out to corporate counsel and in-house attorneys at thousands of companies, ranging from small and medium-sized private companies to large public corporations. Ultimately, roughly 1,000 in-house lawyers—from nearly 500 companies and over 40 cities—shared with us their evaluations of their companies’ outside law firms. Our survey was direct. We asked counsel two simple questions: 1) “Which law firms does your company engage for legal services?” and 2) “Please indicate the highest level legal work for which your company will engage the particular firm(s).” The “levels” of work were defined along a four-point scale:
Cost-efficient, bulk tasks (1)
Routine matters (2)
High-value, complex matters (3)
“Bet-the-company” matters (4)
Because of the “blunt instrument” nature of our question, the resultant ratings are inapt for the purposes of an ordinal ranking. Our first tier and second tiers comprise the 75 firms with the highest mean ratings based on this scale. (Our second tier has been expanded to 50 firms for the 2020 Rankings.) Only firms with a minimum threshold number of ratings—as adjusted for firm size—were eligible for inclusion.
Outside Counsel:
Top Tier Firms
Boies Schiller
Cooley
Covington & Burling
Cravath
Davis Polk
Debevoise
Gibson Dunn
Jones Day
Kirkland & Ellis
Latham & Watkins
Linklaters
O’ Melveny & Myers
Paul Weiss
Proskauer
Quinn Emanuel
Ropes & Gray
Simpson Thacher
Skadden
Sullivan & Cromwell
Wachtell
Weil Gotshal
White & Case
Williams & Connolly
Willkie Farr
Wilmer Cutler
Outside Counsel:
Second Tier Firms
Akin Gump Strauss Hauer & Feld
Arnold & Porter Kaye Scholer
Baker & Hostetler
Baker & McKenzie
Baker Botts
Barnes & Thornburg
Bryan Cave
Cadwalader, Wickersham & Taft
Cahill Gordon & Reindel
Clifford Chance
Cozen O’Connor
Dechert
Dentons
DLA Piper
Duane Morris
Epstein Becker & Green
Farella Braun + Martel
Fenwick & West
Fox Rothschild
Freshfields
Fried Frank
Goodwin Procter
Greenberg Traurig
Hogan Lovells
Holland & Knight
Jackson Lewis
Jenner & Block
K&L Gates
King & Spalding
Littler Mendelson
Loeb & Loeb
Mayer Brown
McDermott Will & Emery
Milbank LLP
Mintz Levin
Morrison & Foerster
Munger Tolles & Olson
Nixon Peabody
Norton Rose Fulbright
Orrick, Herrington & Sutcliffe
Paul Hastings
Perkins Coie
Reed Smith
Seyfarth Shaw
Shearman & Sterling
Sidley Austin
Vedder Price P.C.
Venable
Wilson Sonsini Goodrich & Rosati
Winston & Strawn
Top Outside Counsel by
Industry
Technology
Cooley
Cleary Gottlieb
Dorsey & Whitney
Farella Braun
Fenwick & West
Goodwin Procter
Gunderson Dettmer
Kirkland & Ellis
Orrick
Wilson Sonsini
Energy
Baker Botts
Bracewell
Gibson Dunn
Haynes & Boone
Jackson Walker
Kirkland & Ellis
Latham & Watkins
Vinson & Elkins
Weil, Gotshal & Manges
White & Case
Defense
Arnold & Porter Kaye Scholer
Baker & McKenzie
Dentons
Duane Morris
Gibson Dunn & Crutcher
Holland & Knight
Kirkland & Ellis
Jackson Lewis
Morrison & Foerster
Pillsbury Winthrop Shaw Pittman
Health Care / Life Sciences
Cooley
Gibson Dunn & Crutcher
Hogan Lovells
Jones Day
King & Spalding
McDermott Will & Emery
Paul Hastings
Sidley Austin
Skadden, Arps, Slate, Meagher & Flom
Wilmer Cutler Pickering Hale and Dorr
Finance
Cahill Gordon
Cravath
Davis Polk
Latham & Watkins
Milbank
Perkins Coie
Ropes & Gray
Simpson Thacher
Sullivan & Cromwell
Wachtell
Consumer Products
Faegre Drinker Biddle & Reath
Gibson Dunn & Crutcher
Hogan Lovells
Jones Day
Latham & Watkins
McGuireWoods
Morgan, Lewis & Bockius
Norton Rose Fulbright
Proskauer Rose
Sidley Austin
Telecommunications
Arnold & Porter Kaye Scholer
Cleary Gottlieb Steen & Hamilton
DLA Piper
Jenner & Block
Wiley
Media / Entertainment
Davis Polk
Davis Wright
Gibson Dunn
Loeb & Loeb
Manatt Phelps
Munger Tolles
O’Melveny
Paul Weiss
Pillsbury Winthrop
Proskauer
Stay tuned for the release of the
Organization
Rankings in the coming weeks.