Above the Law's Outside Counsel Rankings: Who You Gonna Call?
There are many ways to rate and rank law firms, from deal tables to diversity metrics to perceptions of prestige. But there is no more essential method of assessment — and none of greater import to law firms — than one based on clients’ actual experiences and opinions. And for Biglaw firms, the clients that truly matter are GCs and legal departments at America’s top companies.
That’s why Above the Law has been surveying corporate counsel about their law firm choices for the last five years. 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 are based exclusively on surveys of in-house counsel at top companies. Their opinions offer a true measure of law firm “prestige” — the kind that leads directly to business.
Methodology
Between February and May 2022, 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, approximately 500 in-house lawyers 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. Thus, our top tier and second tier lists include the 75 firms with the highest mean ratings based on this scale. Only firms with a minimum threshold number of ratings were eligible for inclusion.