US IPO law firms league table, since 2019
The most active US IPO law firms since 2019, ranked by deals as company counsel. Latham & Watkins ranks first with 137 deals.
All years 2026 2025 2024 2023 2022 2021 2020 2019
| # | Firm | Company counsel | Underwriters' counsel | Proceeds, as company counsel | Median deal |
|---|---|---|---|---|---|
| 1 | Latham & Watkins | 137 | 206 | $59.14B | $238M |
| 2 | Cooley | 120 | 107 | $42.68B | $190M |
| 3 | Davis Polk | 63 | 173 | $18.58B | $408M |
| 4 | Goodwin Procter | 63 | 57 | $13.12B | $190.6M |
| 5 | Hunter Taubman Fischer & Li | 60 | 38 | $546.4M | $8.2M |
| 6 | Ortoli Rosenstadt | 54 | 15 | $309.7M | $7M |
| 7 | Wilson Sonsini | 51 | 16 | $16.91B | $180M |
| 8 | Skadden, Arps | 49 | 38 | $11.96B | $248.6M |
| 9 | Kirkland & Ellis | 48 | 16 | $26.23B | $435M |
| 10 | Loeb & Loeb | 47 | 38 | $471.7M | $10M |
| 11 | Simpson Thacher | 35 | 47 | $14.22B | $386.2M |
| 12 | Ellenoff Grossman & Schole | 31 | 47 | $389.5M | $10.8M |
| 13 | Sichenzia Ross Ference Carmel | 31 | 41 | $245.7M | $8M |
| 14 | Han Kun | 29 | 7 | $3.02B | $49M |
| 15 | Fenwick & West | 28 | 7 | $11.26B | $201M |
| 16 | Sheppard Mullin | 24 | 19 | $383.1M | $11.5M |
| 17 | Lucosky Brookman | 23 | 19 | $210.1M | $11.3M |
| 18 | Sidley Austin | 21 | 14 | $4.77B | $204.8M |
| 19 | Bevilacqua | 21 | 11 | $165.4M | $7.5M |
| 20 | Jingtian & Gongcheng | 20 | 19 | $298.2M | $11M |
| 21 | Ropes & Gray | 19 | 24 | $8.4B | $327.8M |
| 22 | Whalen | 17 | 1 | $8.88B | $484.6M |
| 23 | Gibson Dunn | 17 | 4 | $2.18B | $149.9M |
| 24 | WilmerHale | 16 | 15 | $2.31B | $127.1M |
| 25 | Sullivan & Worcester | 16 | 10 | $189.3M | $12M |
| 26 | DLA Piper | 14 | 9 | $888.6M | $64.7M |
| 27 | Gunderson Dettmer | 13 | 0 | $3.94B | $176M |
| 28 | Dentons | 13 | 11 | $348.2M | $19.3M |
| 29 | Venable | 12 | 5 | $8.94B | $363.4M |
| 30 | Winston & Strawn | 12 | 11 | $380M | $12.5M |
| 31 | Pryor Cashman | 12 | 13 | $201.6M | $11.9M |
| 32 | Greenberg Traurig | 12 | 7 | $180.4M | $11M |
| 33 | King & Wood Mallesons | 11 | 11 | $1.97B | $193.4M |
| 34 | Commerce & Finance | 11 | 8 | $381.1M | $33M |
| 35 | K&L Gates | 11 | 3 | $301M | $9.9M |
| 36 | Carmel, Milazzo & Feil | 11 | 16 | $140.4M | $10.5M |
| 37 | AllBright | 11 | 6 | $77.8M | $6.6M |
| 38 | White & Case | 10 | 10 | $4.65B | $434.3M |
| 39 | Paul, Weiss | 10 | 2 | $3.7B | $455.9M |
| 40 | Tian Yuan | 10 | 10 | $237.9M | $11.5M |
| 41 | Robinson & Cole | 10 | 7 | $76.8M | $8M |
| 42 | JunHe | 9 | 10 | $798.4M | $92.7M |
| 43 | China Commercial Law Firm | 9 | 1 | $62.6M | $6.4M |
| 44 | Weil, Gotshal & Manges | 8 | 8 | $5.74B | $512.5M |
| 45 | Cleary Gottlieb | 8 | 22 | $2.95B | $348M |
| 46 | Vinson & Elkins | 8 | 6 | $1.76B | $253.8M |
| 47 | Zhong Lun | 8 | 9 | $499.9M | $84.9M |
| 48 | Baker McKenzie | 8 | 2 | $119.4M | $17.6M |
| 49 | Schiff Hardin | 8 | 11 | $107.1M | $14.4M |
| 50 | Rajah & Tann | 8 | 3 | $55.5M | $12M |
Counsel as named in each final prospectus's Legal Matters section. Cayman Islands, BVI and Bermuda counsel are left out. Based on the 1491 deals with counsel on record.
Other tables: US IPO underwriters · SPAC IPO underwriters · SPAC IPO law firms
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