Page 6 - 2018 Global Legal Market c
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2018 Global Legal, Consulting and Accounting Market
Network, Law Firm and Big 4 Size Type Billings Founded Jurisd’s Offices Members Registration
Legal $ Billions
Lawnet Limited 2,000 UK (est.) - n/a n/a 62 UK
Freshfields Bruckhaus 2,000 Internatio $1.922 1743 n/a UK
Deringer nal
Allen & Overy 2,000 Internatio $1.924 1930 32 46 n/a UK
nal
Clifford Chance 2,000 Internatio $2.12 1987 n/a UK
nal
White & Case 1,906 Internatio $1.35 US
nal
Sidley Austin 1,900 Internatio $1.8 1886 n/a US
nal
Skadden, Arps, Slate Meagher 1,850 Internatio $2.21 1948 n/a US
& Flom nal
Ashurst 1,800 Internatio $1.7 UK
nal
Linklaters 1,700 Internatio $1.98 1838 n/a UK
nal
Kirkland and Ellis 1,700 Internatio $2.016 1909 n/a US
nal
Garrigues 1,700 Internatio $.8 Spain
nal
Consulegis 1,600 Regional (est.) 1963 150 40 Switzerland
Deloitte Legal Network 1,500 Global (est.) 2012 n/a UK
Alliott Group 1,500 Global (est.) 1979 163 169 UK
E&Y Legal Network 1,100 Global (est.) 2013 n/a UK
KPMG Legal Network 1,000 Global (est.) 2012 n/a Switzerland
Definitions:
Network – an association of independent firms that performs services under their own names.
Law Firm – an organization which operates under a common brand. This would include vereins which are organizations composed of
independent firms.8
Global – More than 100 offices in 50 or more countries
8 A number of authors, consultants, academics have questioned whether a verein is a law firm or in simply a branded network.
Mark A. Cohen, Interview with Lee Pacchia, https://www.youtube.com/watch?v=1LgmOQBaBrI, February 18, 2016, Michael Siebold, Are global law firms
networks in disguise? The Lawyer, January 25, 2016, http://www.thelawyer.com/are-global-law-firms-networks-in-disguise/, Mark A. Cohen, Has the Legal
Services Deck Been Reshuffled?, Bloomberg Law, February 10, 2016, https://bol.bna.com/has-the-legal-services-deck-been-reshuffled/, Douglas R. Richmond &
Mathew K. Corbin, Professional Responsibility and Liability Aspect of Vereins, the Swiss Army Knife of Global Law Firm Combinations, 88 St. John’s L. Rev.
917 (2014); see also Edwin B. Reseser & Martin J. Foley, Are Verein-Style Law Firms Ignoring Fee-Splitting Ethic Rules?, ABA JOURNAL, Oct. 1, 2013,
www.abajournal.com/mobile/article/are_verein-style_law_firms_ignoring_fee-splitting_ethics_rules.
Network, Law Firm and Big 4 Size Type Billings Founded Jurisd’s Offices Members Registration
Legal $ Billions
Lawnet Limited 2,000 UK (est.) - n/a n/a 62 UK
Freshfields Bruckhaus 2,000 Internatio $1.922 1743 n/a UK
Deringer nal
Allen & Overy 2,000 Internatio $1.924 1930 32 46 n/a UK
nal
Clifford Chance 2,000 Internatio $2.12 1987 n/a UK
nal
White & Case 1,906 Internatio $1.35 US
nal
Sidley Austin 1,900 Internatio $1.8 1886 n/a US
nal
Skadden, Arps, Slate Meagher 1,850 Internatio $2.21 1948 n/a US
& Flom nal
Ashurst 1,800 Internatio $1.7 UK
nal
Linklaters 1,700 Internatio $1.98 1838 n/a UK
nal
Kirkland and Ellis 1,700 Internatio $2.016 1909 n/a US
nal
Garrigues 1,700 Internatio $.8 Spain
nal
Consulegis 1,600 Regional (est.) 1963 150 40 Switzerland
Deloitte Legal Network 1,500 Global (est.) 2012 n/a UK
Alliott Group 1,500 Global (est.) 1979 163 169 UK
E&Y Legal Network 1,100 Global (est.) 2013 n/a UK
KPMG Legal Network 1,000 Global (est.) 2012 n/a Switzerland
Definitions:
Network – an association of independent firms that performs services under their own names.
Law Firm – an organization which operates under a common brand. This would include vereins which are organizations composed of
independent firms.8
Global – More than 100 offices in 50 or more countries
8 A number of authors, consultants, academics have questioned whether a verein is a law firm or in simply a branded network.
Mark A. Cohen, Interview with Lee Pacchia, https://www.youtube.com/watch?v=1LgmOQBaBrI, February 18, 2016, Michael Siebold, Are global law firms
networks in disguise? The Lawyer, January 25, 2016, http://www.thelawyer.com/are-global-law-firms-networks-in-disguise/, Mark A. Cohen, Has the Legal
Services Deck Been Reshuffled?, Bloomberg Law, February 10, 2016, https://bol.bna.com/has-the-legal-services-deck-been-reshuffled/, Douglas R. Richmond &
Mathew K. Corbin, Professional Responsibility and Liability Aspect of Vereins, the Swiss Army Knife of Global Law Firm Combinations, 88 St. John’s L. Rev.
917 (2014); see also Edwin B. Reseser & Martin J. Foley, Are Verein-Style Law Firms Ignoring Fee-Splitting Ethic Rules?, ABA JOURNAL, Oct. 1, 2013,
www.abajournal.com/mobile/article/are_verein-style_law_firms_ignoring_fee-splitting_ethics_rules.
