Many of the world's largest law firms are headquartered in the United States - including Latham & Watkins, Kirkland & Ellis, and Baker McKenzie. The top 100 leading law firms in the United States generated a total revenue of almost 131 billion U.S. dollars in 2022. In 2021, Kirkland & Ellis was the leading law firm worldwide in terms of gross revenue. The firm was first founded in Chicago by Stuart G. Shepard and Robert R. McCormick in 1909. According to its latest reports, the number of lawyers working at Kirkland & Ellis totaled approximately 3,400.
Legal services industry in the U.S. - statistics & facts
Key insights
- Revenue of leading 100 U.S. law firms
- 130.8bn USD
Detailed statistics
Revenue of the leading U.S. law firms 2015-2022
- Leading law firm in the U.S. by revenue per lawyer
- Wachtell, Lipton, Rosen & Katz
Detailed statistics
Law firms in the U.S. with the highest revenue per lawyer 2022
- Gross revenue of Latham & Watkins worldwide
- 5.32bn USD
Detailed statistics
Gross revenue of Latham & Watkins 2015-2022
Editor’s Picks Current statistics on this topic
Further recommended statistics
Industry overview
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- Premium Statistic Size of the legal services market worldwide 2015-2023, with 2024 and 2028 forecast
- Premium Statistic Industry revenue of legal services in the U.S. 2012-2024
- Premium Statistic Size of the legal services market in the U.S. by category 2020-2022
- Premium Statistic Best law firms U.S. 2023, by prestige rating
- Premium Statistic Law firms in the U.S. with the highest revenue per lawyer 2022
- Premium Statistic Law firms in the U.S. with the highest profit per equity partner 2022
Industry overview
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Size of the legal services market worldwide 2015-2023, with 2024 and 2028 forecast
Size of the legal services market worldwide 2015-2023, with 2024 and 2028 forecast
Size of the legal services market worldwide from 2015 to 2023 with a forecast for 2024 and 2028 (in billion U.S. dollars)
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Industry revenue of legal services in the U.S. 2012-2024
Industry revenue of legal services in the U.S. 2012-2024
Industry revenue of legal services in the U.S. from 2012 to 2024 (in billion U.S. dollars)
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Size of the legal services market in the U.S. by category 2020-2022
Size of the legal services market in the U.S. by category 2020-2022
Size of the legal services market in the United States between 2020 and 2022, by category (in billion U.S. dollars)
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Best law firms U.S. 2023, by prestige rating
Best law firms U.S. 2023, by prestige rating
Best law firms in the United States in 2023, by prestige rating
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Law firms in the U.S. with the highest revenue per lawyer 2022
Law firms in the U.S. with the highest revenue per lawyer 2022
Leading law firms in the United States from 2022, by revenue per lawyer (in million U.S. dollars)
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Law firms in the U.S. with the highest profit per equity partner 2022
Law firms in the U.S. with the highest profit per equity partner 2022
Leading law firms in the United States in 2022, by profit per equity partner (in million U.S. dollars)
Employment
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- Premium Statistic Number of law graduates in the U.S. 2013-2023
- Premium Statistic Employment status of 2023 law graduates in the U.S. by category 2024
- Premium Statistic Share of unemployed law graduates in the U.S. in the class years 2013-2023
- Premium Statistic Number of employees in legal occupations in the U.S. 2012-2022
- Premium Statistic Number of employees in legal occupations in the U.S. by category 2022
- Premium Statistic States with the highest employment in legal occupations in the U.S. 2022
- Premium Statistic Employee wages of legal occupations in the U.S. 2022
- Premium Statistic States with the highest wages for legal occupations in the U.S. 2022
Employment
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Number of law graduates in the U.S. 2013-2023
Number of law graduates in the U.S. 2013-2023
Number of law graduates in the United States from 2013 to 2023
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Employment status of 2023 law graduates in the U.S. by category 2024
Employment status of 2023 law graduates in the U.S. by category 2024
Employment status of 2023 law graduates in the United States as of April 2024, by category
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Share of unemployed law graduates in the U.S. in the class years 2013-2023
Share of unemployed law graduates in the U.S. in the class years 2013-2023
Share of unemployed law graduates in the United States in the class years from 2013 to 2023
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Number of employees in legal occupations in the U.S. 2012-2022
Number of employees in legal occupations in the U.S. 2012-2022
Number of employees in legal occupations in the United States from 2012 to 2022 (in millions)
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Number of employees in legal occupations in the U.S. by category 2022
Number of employees in legal occupations in the U.S. by category 2022
Number of employees in legal occupations in the United States as of May 2022, by category
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States with the highest employment in legal occupations in the U.S. 2022
States with the highest employment in legal occupations in the U.S. 2022
States with the highest employment in legal occupations in the United States as of May 2022
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Employee wages of legal occupations in the U.S. 2022
Employee wages of legal occupations in the U.S. 2022
Annual wage of employees in legal occupations in the United States as of May 2022, by category (in U.S. dollars)
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States with the highest wages for legal occupations in the U.S. 2022
States with the highest wages for legal occupations in the U.S. 2022
States with the highest wages for legal occupations in the United States as of May 2022 (in U.S. dollars)
Diversity
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- Premium Statistic Employee gender distribution in the best 100 law firms for women in the U.S. 2022
- Premium Statistic Share of lawyers in the U.S. 2020-2023, by gender
- Premium Statistic Share of non-white equity partners at law firms in the U.S. 2011-2022
- Premium Statistic Diversity of equity partners at Skadden Arps LLP U.S. 2023, by race and gender
- Premium Statistic Diversity of attorneys at Skadden Arps LLP U.S. 2023, by race and gender
- Premium Statistic Diversity of equity partners at Kirkland & Ellis LLP U.S. 2022, by race and gender
- Premium Statistic Diversity of attorneys at Kirkland & Ellis LLP U.S. 2022, by race and gender
Diversity
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Employee gender distribution in the best 100 law firms for women in the U.S. 2022
Employee gender distribution in the best 100 law firms for women in the U.S. 2022
Gender distribution of lawyers in the best 100 law firms for women in the United States in 2022, by position
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Share of lawyers in the U.S. 2020-2023, by gender
Share of lawyers in the U.S. 2020-2023, by gender
Share of lawyers in the United States from 2020 to 2023, by gender
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Share of non-white equity partners at law firms in the U.S. 2011-2022
Share of non-white equity partners at law firms in the U.S. 2011-2022
Share of non-white equity partners at law firms in the United States from 2011 to 2022
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Diversity of equity partners at Skadden Arps LLP U.S. 2023, by race and gender
Diversity of equity partners at Skadden Arps LLP U.S. 2023, by race and gender
Diversity of equity partners at Skadden Arps LLP in the United States 2023, by race and gender
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Diversity of attorneys at Skadden Arps LLP U.S. 2023, by race and gender
Diversity of attorneys at Skadden Arps LLP U.S. 2023, by race and gender
Diversity of attorneys at Skadden Arps LLP in the United States 2023, by race and gender
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Diversity of equity partners at Kirkland & Ellis LLP U.S. 2022, by race and gender
Diversity of equity partners at Kirkland & Ellis LLP U.S. 2022, by race and gender
Diversity of equity partners at Kirkland & Ellis LLP in the United States in 2022, by race and gender
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Diversity of attorneys at Kirkland & Ellis LLP U.S. 2022, by race and gender
Diversity of attorneys at Kirkland & Ellis LLP U.S. 2022, by race and gender
Diversity of attorneys at Kirkland & Ellis LLP in the United States in 2022, by race and gender
Rates, utilization, and collection
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- Premium Statistic Law firms' average collection rates in the U.S. by practice area 2020-2023
- Premium Statistic Law firms' and non-lawyers' average utilization rates in the U.S. by state 2022
- Premium Statistic Realization and collection rates in the U.S. by state 2022
- Premium Statistic Adjusted hourly rates in the U.S. by state 2020-2022
- Premium Statistic U.S. lawyers hourly rates by state 2020-2023
- Premium Statistic Law firm hourly rates in the U.S. by practice area 2020-2023
Rates, utilization, and collection
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Law firms' average collection rates in the U.S. by practice area 2020-2023
Law firms' average collection rates in the U.S. by practice area 2020-2023
Average collection rate of law firms in the United States from 2020 to 2023, by practice area
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Law firms' and non-lawyers' average utilization rates in the U.S. by state 2022
Law firms' and non-lawyers' average utilization rates in the U.S. by state 2022
Average utilization rate of law firms and non-lawyers in the United States in 2022, by state
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Realization and collection rates in the U.S. by state 2022
Realization and collection rates in the U.S. by state 2022
Average realization and collection rates in the United States in 2022, by state
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Adjusted hourly rates in the U.S. by state 2020-2022
Adjusted hourly rates in the U.S. by state 2020-2022
Adjusted hourly rates of law firms in the United States 2020 to 2022, by state (in U.S. dollars)
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U.S. lawyers hourly rates by state 2020-2023
U.S. lawyers hourly rates by state 2020-2023
Hourly rates of lawyers in the United States from 2020 to 2023, by state (in U.S. dollars)
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Law firm hourly rates in the U.S. by practice area 2020-2023
Law firm hourly rates in the U.S. by practice area 2020-2023
Hourly rates charged by law firms the United States from 2020 to 2023, by practice area (in U.S. dollars)
Consumers´ perspective
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Most common legal needs in North America 2022
Most common legal needs in North America 2022
Legal needs that consumers had in the United States and Canada in 2022
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Main factors when hiring a lawyer in North America 2022
Main factors when hiring a lawyer in North America 2022
Most important factors when hiring an attorney according to legal consumers in the United States and Canada in 2022
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Key deterrents to hiring a lawyer in North America 2022
Key deterrents to hiring a lawyer in North America 2022
Main deterrents to hiring an attorney according to legal consumers in the United States and Canada in 2022
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