Ticker LaunchUS IPO law firms league table, 2025
The most active US IPO law firms in 2025, ranked by deals as company counsel. Loeb & Loeb ranks first with 23 deals.
All years 2026 2025 2024 2023 2022 2021 2020 2019
| # | Firm | Company counsel | Underwriters' counsel | Proceeds, as company counsel | Median deal |
|---|---|---|---|---|---|
| 1 | Loeb & Loeb | 23 | 5 | $168.5M | $6.7M |
| 2 | Ortoli Rosenstadt | 22 | 5 | $69.2M | $6.3M |
| 3 | Hunter Taubman Fischer & Li | 16 | 12 | $131M | $7.5M |
| 4 | Latham & Watkins | 12 | 16 | $3.32B | $294.1M |
| 5 | Sichenzia Ross Ference Carmel | 8 | 12 | $25.5M | $5.1M |
| 6 | Kirkland & Ellis | 7 | 1 | $4.46B | $798.2M |
| 7 | Davis Polk | 7 | 16 | $4.13B | $986.4M |
| 8 | Whalen | 7 | 0 | $3.91B | $488.7M |
| 9 | Cooley | 6 | 7 | $745M | $150M |
| 10 | Ellenoff Grossman & Schole | 6 | 7 | $54.3M | $7.1M |
| 11 | Bevilacqua | 6 | 1 | $35.8M | $7.2M |
| 12 | Sidley Austin | 5 | 1 | $1.61B | $462.5M |
| 13 | Morgan Lewis | 5 | 0 | $1.11B | $1.11B |
| 14 | Dacheng | 5 | 2 | $29.2M | $6.5M |
| 15 | Han Kun | 5 | 1 | $24.5M | $12.2M |
| 16 | Guangdong Wesley Law Firm | 5 | 0 | $12.8M | $6.4M |
| 17 | Fenwick & West | 4 | 2 | $2.12B | $484.6M |
| 18 | Skadden, Arps | 4 | 4 | $1.54B | $492.9M |
| 19 | Gunderson Dettmer | 4 | 0 | $449.1M | $224.5M |
| 20 | Winston & Strawn | 4 | 5 | $45M | $11M |
| 21 | AllBright | 4 | 1 | $26.6M | $6.3M |
| 22 | Lucosky Brookman | 4 | 4 | $25.9M | $5.9M |
| 23 | Jingtian & Gongcheng | 4 | 2 | $24.5M | $12.2M |
| 24 | China Commercial Law Firm | 4 | 1 | $19.9M | $5.5M |
| 25 | Brownstein Hyatt Farber Schreck | 3 | 0 | $1.33B | $425M |
| 26 | Willkie Farr & Gallagher | 3 | 0 | $1.16B | $414.6M |
| 27 | Nelson Mullins | 3 | 2 | $810M | $810M |
| 28 | Dentons | 3 | 1 | $35M | $17.5M |
| 29 | VCL Law | 3 | 13 | $25.8M | $8M |
| 30 | Drew & Napier | 3 | 0 | $21M | $10.5M |
| 31 | Jiangsu Junjin Law Firm | 3 | 0 | $21M | $7M |
| 32 | TroyGould | 3 | 0 | $6.1M | $6.1M |
| 33 | Schlueter & Associates | 3 | 2 | — | — |
| 34 | Wilson Sonsini | 2 | 0 | $1.77B | $886.1M |
| 35 | Haynes and Boone | 2 | 0 | $792.5M | $396.2M |
| 36 | Goodwin Procter | 2 | 2 | $490.6M | $245.3M |
| 37 | Sullivan & Cromwell | 2 | 0 | $373.3M | $373.3M |
| 38 | K&L Gates | 2 | 1 | $187.2M | $93.6M |
| 39 | Alston & Bird | 2 | 0 | $151.1M | $151.1M |
| 40 | Manatt, Phelps & Phillips | 2 | 0 | $60M | $60M |
| 41 | Commerce & Finance | 2 | 2 | $45M | $22.5M |
| 42 | Robinson & Cole | 2 | 3 | $23M | $11.5M |
| 43 | Tian Yuan | 2 | 0 | $22M | $11M |
| 44 | FisherBroyles | 2 | 0 | $21.4M | $10.7M |
| 45 | Global Law Office | 2 | 0 | $17.5M | $17.5M |
| 46 | CLKW Lawyers | 2 | 0 | $16.4M | $8.2M |
| 47 | Rajah & Tann | 2 | 0 | $15M | $15M |
| 48 | CFN Lawyers | 2 | 1 | $12.4M | $6.2M |
| 49 | DLA Piper | 2 | 1 | $12.2M | $6.1M |
| 50 | Guantao Law Firm | 2 | 0 | $11M | $5.5M |
Counsel as named in each final prospectus's Legal Matters section. Cayman Islands, BVI and Bermuda counsel are left out. Based on the 203 deals with counsel on record.
Other tables: US IPO underwriters · SPAC IPO underwriters · SPAC IPO law firms
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