US IPO law firms league table, 2020
The most active US IPO law firms in 2020, ranked by deals as company counsel. Latham & Watkins ranks first with 25 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 | 25 | 37 | $9.34B | $238M |
| 2 | Cooley | 25 | 30 | $7.75B | $212.3M |
| 3 | Goodwin Procter | 15 | 16 | $2.71B | $182.4M |
| 4 | Davis Polk | 14 | 31 | $3.96B | $366.6M |
| 5 | Wilson Sonsini | 12 | 4 | $5.41B | $193.4M |
| 6 | Skadden, Arps | 11 | 8 | $1.07B | $405M |
| 7 | Simpson Thacher | 10 | 9 | $2.06B | $171.3M |
| 8 | Kirkland & Ellis | 7 | 6 | $5.28B | $594M |
| 9 | WilmerHale | 7 | 4 | $1.17B | $200M |
| 10 | Fenwick & West | 6 | 0 | $4.23B | $158.8M |
| 11 | Sheppard Mullin | 6 | 1 | $110.3M | $13M |
| 12 | Ellenoff Grossman & Schole | 5 | 6 | $54.3M | $13.5M |
| 13 | Lucosky Brookman | 4 | 2 | $47.1M | $10.5M |
| 14 | Ropes & Gray | 3 | 3 | $986M | $126M |
| 15 | JunHe | 3 | 3 | $747.5M | $373.8M |
| 16 | Sidley Austin | 3 | 2 | $563.5M | $241.7M |
| 17 | Haiwen & Partners | 3 | 2 | $540M | $540M |
| 18 | Gibson Dunn | 3 | 0 | $452M | $150M |
| 19 | King & Wood Mallesons | 3 | 3 | $350M | $350M |
| 20 | Commerce & Finance | 3 | 1 | $88.1M | $44.1M |
| 21 | Jingtian & Gongcheng | 3 | 6 | $12M | $12M |
| 22 | Tian Yuan | 3 | 3 | $8M | $8M |
| 23 | Han Kun | 3 | 1 | — | — |
| 24 | Gunderson Dettmer | 2 | 0 | $1.19B | $596M |
| 25 | Wachtell Lipton | 2 | 0 | $667.5M | $333.8M |
| 26 | Ballard Spahr | 2 | 0 | $664.5M | $332.2M |
| 27 | Cassels | 2 | 0 | $495.6M | $247.8M |
| 28 | Winston & Strawn | 2 | 0 | $320M | $160M |
| 29 | DLA Piper | 2 | 1 | $306.9M | $153.5M |
| 30 | Stikeman Elliott | 2 | 1 | $220M | $220M |
| 31 | Hogan Lovells | 2 | 0 | $58.3M | $58.3M |
| 32 | Sichenzia Ross Ference Carmel | 2 | 4 | $45.1M | $22.6M |
| 33 | Duane Morris | 2 | 1 | $42M | $21M |
| 34 | Lewis Brisbois Bisgaard & Smith | 2 | 0 | $37M | $18.5M |
| 35 | Schiff Hardin | 2 | 3 | $26.8M | $13.4M |
| 36 | Hunter Taubman Fischer & Li | 2 | 0 | $20M | $10M |
| 37 | Fangda Partners | 2 | 3 | — | — |
| 38 | Akin | 1 | 0 | $2.18B | $2.18B |
| 39 | Weil, Gotshal & Manges | 1 | 0 | $1.72B | $1.72B |
| 40 | Whalen | 1 | 1 | $1.14B | $1.14B |
| 41 | Antis Triantafyllides & Sons | 1 | 0 | $990M | $990M |
| 42 | Debevoise & Plimpton | 1 | 0 | $990M | $990M |
| 43 | Schulte Roth & Zabel | 1 | 0 | $800M | $800M |
| 44 | Paul, Weiss | 1 | 0 | $703.5M | $703.5M |
| 45 | Fried Frank | 1 | 2 | $569.5M | $569.5M |
| 46 | Meitar | 1 | 1 | $509M | $509M |
| 47 | Blake, Cassels & Graydon | 1 | 0 | $483M | $483M |
| 48 | Jones Day | 1 | 1 | $423.8M | $423.8M |
| 49 | Miles & Stockbridge | 1 | 0 | $254.5M | $254.5M |
| 50 | O’Melveny & Myers | 1 | 0 | $252M | $252M |
Counsel as named in each final prospectus's Legal Matters section. Cayman Islands, BVI and Bermuda counsel are left out. Based on the 226 deals with counsel on record.
Other tables: US IPO underwriters · SPAC IPO underwriters · SPAC IPO law firms
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