US IPO law firms league table, 2026 to date
The most active US IPO law firms in 2026, ranked by deals as company counsel. Latham & Watkins ranks first with 15 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 | 15 | 23 | $7.01B | $280M |
| 2 | Kirkland & Ellis | 8 | 0 | $5.07B | $430M |
| 3 | Goodwin Procter | 7 | 2 | $2.4B | $300M |
| 4 | Davis Polk | 6 | 18 | $1.94B | $747.2M |
| 5 | Simpson Thacher | 5 | 3 | $3.67B | $739.4M |
| 6 | Cooley | 5 | 4 | $1.76B | $350M |
| 7 | Skadden, Arps | 5 | 3 | $694M | $177.6M |
| 8 | Lucosky Brookman | 4 | 3 | $24M | $24M |
| 9 | White & Case | 3 | 1 | $1.35B | $676.8M |
| 10 | Fenwick & West | 3 | 0 | $630.5M | $212.8M |
| 11 | Whalen | 3 | 0 | $584.7M | $197.9M |
| 12 | Gibson Dunn | 3 | 0 | $20M | $20M |
| 13 | Winston & Strawn | 3 | 0 | — | — |
| 14 | Weil, Gotshal & Manges | 2 | 2 | $2.02B | $1.01B |
| 15 | Holland & Knight | 2 | 0 | $756.9M | $378.4M |
| 16 | Covington & Burling | 2 | 3 | $660.2M | $330.1M |
| 17 | Ropes & Gray | 2 | 1 | $587M | $293.5M |
| 18 | Cleary Gottlieb | 2 | 6 | $560M | $560M |
| 19 | Wilson Sonsini | 2 | 0 | $170M | $85M |
| 20 | Sheppard Mullin | 2 | 1 | $125M | $125M |
| 21 | DLA Piper | 2 | 1 | $64.4M | $32.2M |
| 22 | McMillan | 2 | 0 | — | — |
| 23 | Venable | 1 | 0 | $1.75B | $1.75B |
| 24 | Paul, Weiss | 1 | 0 | $1.05B | $1.05B |
| 25 | Ballard Spahr | 1 | 0 | $840M | $840M |
| 26 | Vinson & Elkins | 1 | 2 | $320.1M | $320.1M |
| 27 | WilmerHale | 1 | 0 | $301.5M | $301.5M |
| 28 | Cravath | 1 | 1 | $210.4M | $210.4M |
| 29 | King & Spalding | 1 | 0 | $210.4M | $210.4M |
| 30 | Ellenoff Grossman & Schole | 1 | 3 | $120M | $120M |
| 31 | Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan | 1 | 0 | $81.2M | $81.2M |
| 32 | Wyrick Robbins Yates & Ponton | 1 | 0 | $68.8M | $68.8M |
| 33 | Haynes and Boone | 1 | 0 | $60M | $60M |
| 34 | Morton Law | 1 | 0 | $59.8M | $59.8M |
| 35 | Fried Frank | 1 | 0 | $50.8M | $50.8M |
| 36 | Cozen O’Connor | 1 | 1 | $25M | $25M |
| 37 | Hunter Taubman Fischer & Li | 1 | 1 | $22.8M | $22.8M |
| 38 | Robinson & Cole | 1 | 0 | $22.8M | $22.8M |
| 39 | Bevilacqua | 1 | 0 | $15M | $15M |
| 40 | Lowenstein Sandler | 1 | 1 | $15M | $15M |
| 41 | Mintz | 1 | 0 | $15M | $15M |
| 42 | Disclosure Law Group | 1 | 0 | $9.6M | $9.6M |
| 43 | Sullivan & Worcester | 1 | 1 | $9.2M | $9.2M |
| 44 | Anthony L.G. | 1 | 0 | — | — |
| 45 | Bahnsen Legal Group | 1 | 0 | — | — |
| 46 | Egan Nelson | 1 | 0 | — | — |
| 47 | Fox Rothschild | 1 | 0 | — | — |
| 48 | Haiwen & Partners | 1 | 0 | — | — |
| 49 | King & Wood Mallesons | 1 | 0 | — | — |
| 50 | McGuireWoods | 1 | 0 | — | — |
Counsel as named in each final prospectus's Legal Matters section. Cayman Islands, BVI and Bermuda counsel are left out. Based on the 117 deals with counsel on record.
Other tables: US IPO underwriters · SPAC IPO underwriters · SPAC IPO law firms
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