This post has been updated with the 2019 ranking of the top US law firms in London, by revenue.
This year’s report shows that despite a slower rise in revenue compared to last year, Kirkland and Latham top the US 50 table with considerable growth, with the former almost doubling its UK headcount over the past five years.
The Lawyer‘s research finding also show that US-headquartered firms are consolidating their already strong position in the City, with 22 now featuring in The Lawyer’s unique City 50 ranking and revenues on the rise.
Not only that, but turnover, RPL and other measures also demonstrate that US firms are strengthening their grip on business in the UK, with lateral hires boosting the rankings of some of the largest.
OUT NOW: The 2019 edition of The US Top 50 Firms in London is out now.
The Lawyer US Top 50 is unique as the only ranking of UK and London financial performance of US firms in the world. The full Top 50 ranking, with its unrivalled level of under-the-skin detail and insight, is an indispensable tool for understanding the dynamics of one of the UK’s more vibrant markets.
Top 50 US law firms in London by revenue
|Rank 2019||Rank 2018||Firm name||UK revenue ($m)|
|1||3||Kirkland & Ellis*||380.0|
|2||2||Latham & Watkins*||375.0|
|3||1||White & Case||350.0|
|9||8||Shearman & Sterling*||188.0|
|10||9||Squire Patton Boggs*||182.0|
|14||18||Debevoise & Plimpton||139.4|
|17||20||Akin Gump Strauss Hauer & Feld||123.5|
|20||17||Sullivan & Cromwell*||115.0|
|21||21||Quinn Emanuel Urquhart & Sullivan||108.4|
|25||23||Ropes & Gray*||85.0|
|32||32||Willkie Farr & Gallagher||55.5|
|33||44||Vinson & Elkins*||55.0|
|39||37||Arnold & Porter*||49.0|
|40||40||King & Spalding||48.3|
|42||41||McDermott Will & Emery||41.0|
|43||45||Morrison & Foerster||40.7|
|46||42||Winston & Strawn*||37.0|
|50||50||Boies Schiller & Flexner||21.4|
This years’ US Top 50 annual report focuses on growth and how the leading US-headquartered firms in the UK market aim to achieve it. Certainly, so far several are managing this pretty well.
- Purchase a copy of the full report here.
- Read how US firms are powering up the £9.8bn City 50 rankings.
- Read about Covington’s first appearance in this year’s US Top 50 in London research ranking.