US IPO law firms league table, 2023
The most active US IPO law firms in 2023, ranked by deals as company counsel. Hunter Taubman Fischer & Li ranks first with 13 deals.
All years 2026 2025 2024 2023 2022 2021 2020 2019
| # | Firm | Company counsel | Underwriters' counsel | Proceeds, as company counsel | Median deal |
|---|---|---|---|---|---|
| 1 | Hunter Taubman Fischer & Li | 13 | 9 | $41.9M | $5.5M |
| 2 | Ortoli Rosenstadt | 10 | 3 | $48.2M | $6M |
| 3 | Cooley | 7 | 4 | $2B | $235.8M |
| 4 | Loeb & Loeb | 7 | 4 | $81.4M | $10.3M |
| 5 | Bevilacqua | 6 | 4 | $39M | $6.8M |
| 6 | Latham & Watkins | 4 | 11 | $723.3M | $250.1M |
| 7 | Ellenoff Grossman & Schole | 4 | 4 | $39M | $10.5M |
| 8 | Han Kun | 3 | 0 | $73M | $6M |
| 9 | Baker McKenzie | 3 | 0 | $27.2M | $13.6M |
| 10 | Sichenzia Ross Ference Carmel | 3 | 5 | $21.2M | $6.2M |
| 11 | Carmel, Milazzo & Feil | 3 | 5 | $20.1M | $7.5M |
| 12 | Rajah & Tann | 3 | 0 | $19.6M | $9.8M |
| 13 | Jingtian & Gongcheng | 3 | 2 | $17.8M | $8.9M |
| 14 | Robinson & Cole | 3 | 1 | $17M | $8.5M |
| 15 | AllBright | 3 | 0 | — | — |
| 16 | Kirkland & Ellis | 2 | 1 | $1.74B | $869.9M |
| 17 | Goodwin Procter | 2 | 0 | $576M | $576M |
| 18 | Willkie Farr & Gallagher | 2 | 0 | $435M | $217.5M |
| 19 | Skadden, Arps | 2 | 1 | $252M | $126M |
| 20 | Zhong Lun | 2 | 0 | $166.1M | $83M |
| 21 | Gibson Dunn | 2 | 0 | $43.2M | $43.2M |
| 22 | Grandall | 2 | 0 | $39.1M | $19.6M |
| 23 | Greenberg Traurig | 2 | 0 | $22.5M | $11.3M |
| 24 | Sheppard Mullin | 2 | 1 | $13.7M | $6.8M |
| 25 | Sherman & Howard | 2 | 1 | $12.6M | $6.3M |
| 26 | Winston & Strawn | 2 | 2 | $10M | $10M |
| 27 | Opal Lawyers | 2 | 0 | $9.6M | $9.6M |
| 28 | Messina Madrid Law | 2 | 0 | $6M | $6M |
| 29 | DLA Piper | 2 | 0 | — | — |
| 30 | Morrison & Foerster | 1 | 0 | $4.87B | $4.87B |
| 31 | Morrison & Foerster (UK) | 1 | 0 | $4.87B | $4.87B |
| 32 | Sullivan & Cromwell | 1 | 0 | $4.87B | $4.87B |
| 33 | Cravath | 1 | 0 | $3.8B | $3.8B |
| 34 | Sidley Austin | 1 | 2 | $638.4M | $638.4M |
| 35 | Vinson & Elkins | 1 | 0 | $324M | $324M |
| 36 | Simpson Thacher | 1 | 1 | $317.8M | $317.8M |
| 37 | Dechert | 1 | 0 | $235.8M | $235.8M |
| 38 | Commerce & Finance | 1 | 1 | $190M | $190M |
| 39 | King & Spalding | 1 | 0 | $25M | $25M |
| 40 | Ballard Spahr | 1 | 0 | $20M | $20M |
| 41 | Haynes and Boone | 1 | 0 | $20M | $20M |
| 42 | Golenbock Eiseman Assor Bell & Peskoe | 1 | 0 | $20M | $20M |
| 43 | Seyfarth Shaw | 1 | 0 | $20M | $20M |
| 44 | Anthony L.G. | 1 | 2 | $15M | $15M |
| 45 | Dentons | 1 | 0 | $13.6M | $13.6M |
| 46 | Harry Elias Partnership | 1 | 0 | $10M | $10M |
| 47 | Foley & Lardner | 1 | 0 | $8.9M | $8.9M |
| 48 | Meister Seelig & Fein | 1 | 0 | $8.8M | $8.8M |
| 49 | Pryor Cashman | 1 | 0 | $8.8M | $8.8M |
| 50 | Drew & Napier | 1 | 0 | $8.4M | $8.4M |
Counsel as named in each final prospectus's Legal Matters section. Cayman Islands, BVI and Bermuda counsel are left out. Based on the 106 deals with counsel on record.
Other tables: US IPO underwriters · SPAC IPO underwriters · SPAC IPO law firms
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