US IPO law firms league table, 2021
The most active US IPO law firms in 2021, ranked by deals as company counsel. Latham & Watkins ranks first with 56 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 | 56 | 70 | $29.95B | $222.2M |
| 2 | Cooley | 44 | 32 | $17.35B | $227M |
| 3 | Wilson Sonsini | 20 | 6 | $8.18B | $205.1M |
| 4 | Kirkland & Ellis | 18 | 5 | $8.2B | $301M |
| 5 | Goodwin Procter | 18 | 27 | $5.05B | $219M |
| 6 | Skadden, Arps | 16 | 13 | $11.74B | $380M |
| 7 | Davis Polk | 16 | 65 | $7.81B | $250M |
| 8 | Simpson Thacher | 10 | 19 | $6.33B | $332.3M |
| 9 | Fenwick & West | 10 | 3 | $3.58B | $327M |
| 10 | Hunter Taubman Fischer & Li | 9 | 3 | $206.6M | $25M |
| 11 | Ropes & Gray | 8 | 6 | $4.02B | $325M |
| 12 | Sullivan & Worcester | 7 | 2 | $96M | $15M |
| 13 | Han Kun | 6 | 2 | $2.97B | $316.5M |
| 14 | Gunderson Dettmer | 6 | 0 | $2.19B | $192.2M |
| 15 | Sidley Austin | 6 | 5 | $967.4M | $124.7M |
| 16 | Sichenzia Ross Ference Carmel | 6 | 5 | $108.7M | $17.8M |
| 17 | Paul, Weiss | 5 | 1 | $2.14B | $422.2M |
| 18 | Meitar | 5 | 0 | $1.78B | $367.5M |
| 19 | Gibson Dunn | 5 | 1 | $1.08B | $229.4M |
| 20 | WilmerHale | 5 | 5 | $831.4M | $127.1M |
| 21 | Sheppard Mullin | 5 | 4 | $89.7M | $16.6M |
| 22 | Lucosky Brookman | 5 | 2 | $82.6M | $14.2M |
| 23 | Schiff Hardin | 5 | 6 | $73M | $14.4M |
| 24 | Ellenoff Grossman & Schole | 5 | 18 | $66.2M | $12M |
| 25 | White & Case | 4 | 3 | $3.45B | $986M |
| 26 | Whalen | 4 | 0 | $2.49B | $448.7M |
| 27 | Cravath | 4 | 3 | $2.48B | $155.8M |
| 28 | Weil, Gotshal & Manges | 4 | 4 | $1.28B | $342.7M |
| 29 | Dentons | 4 | 2 | $440M | $95M |
| 30 | Loeb & Loeb | 4 | 10 | $134.9M | $30.4M |
| 31 | Pryor Cashman | 4 | 3 | $57.3M | $14.5M |
| 32 | A&O Shearman | 3 | 5 | $2.75B | $925M |
| 33 | Tian Yuan | 3 | 2 | $1.09B | $139.7M |
| 34 | Venable | 3 | 1 | $715.8M | $136.8M |
| 35 | McDermott Will & Emery | 3 | 1 | $601M | $77M |
| 36 | Baker McKenzie | 3 | 0 | $423.5M | $45M |
| 37 | Olshan Frome Wolosky | 3 | 0 | $273.5M | $21M |
| 38 | Mintz | 3 | 3 | $200M | $75M |
| 39 | Jingtian & Gongcheng | 3 | 4 | $190.7M | $75M |
| 40 | Ortoli Rosenstadt | 3 | 2 | $81M | $26M |
| 41 | GFE Law Office | 3 | 1 | $76.9M | $26.9M |
| 42 | Carmel, Milazzo & Feil | 3 | 2 | $62.8M | $18.8M |
| 43 | Lowenstein Sandler | 3 | 0 | $61M | $18M |
| 44 | Bevilacqua | 3 | 1 | $57M | $18M |
| 45 | Crone Law Group | 3 | 0 | $51.4M | $14.4M |
| 46 | Fangda Partners | 2 | 0 | $4.46B | $2.23B |
| 47 | CM Law Firm | 2 | 2 | $1.89B | $943.8M |
| 48 | Freshfields | 2 | 2 | $935M | $467.5M |
| 49 | Paul Hastings | 2 | 0 | $756M | $378M |
| 50 | Pillsbury Winthrop Shaw Pittman | 2 | 0 | $634.1M | $317M |
Counsel as named in each final prospectus's Legal Matters section. Cayman Islands, BVI and Bermuda counsel are left out. Based on the 413 deals with counsel on record.
Other tables: US IPO underwriters · SPAC IPO underwriters · SPAC IPO law firms
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