Cravath, Swaine & Moore LLP

Best Law Firms

"Best" depends heavily on what you need — a firm ranked #1 for prestige (elite M&A/litigation work) is very different from the best firm for, say, a personal injury case or a divorce. Here's a breakdown of top-ranked firms based on major legal industry rankings for 2026:

Top "Prestige" / Big Law Firms (Vault 100)

These are the elite firms most associates and clients consider the gold standard for high-stakes corporate work, M&A, and litigation:

For the 11th year running, Cravath, Swaine & Moore LLP tops the Vault 100 as the most prestigious firm in the United States, and Wachtell, Lipton, Rosen & Katz is No. 2. Rounding out the top 10 for 2026-2027, there's been some movement: Paul, Weiss drops from No. 8 to No. 13. Gibson Dunn rises from No. 11 to become No. 8. Sullivan & Cromwell LLP gains one spot, moving to No. 5, ahead of Kirkland & Ellis.

Notably, seven of the top 10 didn't even change their rank, and for the 11th consecutive year, the #1, #2, and #3 firms remained the same—ever since Cravath ended Wachtell's 13-year reign at the top, back in 2016. This ranking is based on real feedback: the Vault 100 is based on scores from more than 20,000 law firm associates, with the survey open from October 2025 to January 2026.

Most Profitable Firm (Am Law 100)

If profitability is your measure of "best," Wachtell leads here too. The firm increased its profits per equity partner by 35 percent, hitting $12.2 million—becoming the first firm in the history of the Am Law 100 to achieve that feat. More broadly, the 2026 Am Law 100 explores what proved to be a highly successful year for much of Big Law, with the segment leaning into nonequity partner leverage, generative AI-fueled remodeling, and navigating intensified battles for talent and seismic merger activity.

Best Firm to Work For

If you're a law student or lateral attorney weighing offers rather than a client hiring counsel: Morgan, Lewis & Bockius LLP is the Overall Best Law Firm to Work For per Vault's 2026-2027 rankings.

Best Firms by Client Experience (Best Lawyers "Best Law Firms")

For everyday consumers and businesses, this ranking is more relevant than prestige surveys since it's client-driven: Best Law Firms surveys thousands of firms nationwide to evaluate performance, reputation and client service, drawing on responses from over 4,850 firms to explore financial trends, billing models, client engagement, and workforce demographics. Within this, 68 firms earned the "Law Firm of the Year" distinction covering 74 practice areas, and litigation and regulatory law continue to dominate across the national rankings, reflecting steady demand for courtroom and compliance expertise.

My practical recommendation:

• Need M&A, high-stakes litigation, or elite corporate counsel? → Cravath, Wachtell, Skadden, Sullivan & Cromwell, Gibson Dunn, Kirkland & Ellis are consistently top-tier.
• Hiring for personal legal needs (injury, family law, etc.)? → Check Best Lawyers' "Best Law Firms" rankings by practice area and region — it's based on actual client and peer reviews, not just Big Law prestige.
• A law student or associate picking an employer? → Vault's "Best Firms to Work For" (Morgan Lewis tops that list) is more useful than pure prestige rankings.

If you tell me what kind of legal matter you're dealing with (business, personal injury, family law, etc.

Top law firms are typically ranked by prestige (e.g., Vault), revenue/size (e.g., Am Law 100, NLJ 500, Global 200), client feedback (e.g., Chambers), or practice-area excellence (e.g., Best Lawyers, Legal 500). "Best" is highly subjective and depends on factors like practice area (corporate/M&A, litigation, etc.), location, client type (Fortune 500 vs. individuals/startups), and needs (scale vs. specialized expertise).

Law firms are professional service providers rather than consumer "brands or products," but the most prominent ones function as recognizable "brands" in the legal world, frequently used by major corporations, high-net-worth individuals, and institutions for complex matters. Individuals or smaller businesses more often use local or mid-sized firms, or legal tech platforms for routine needs.

Prestige Rankings (Vault Law 100, based on peer associate surveys)

These reflect reputation among lawyers:

• Cravath, Swaine & Moore LLP — Consistently #1 for prestige; elite corporate and litigation work.
• Wachtell, Lipton, Rosen & Katz — #2; powerhouse in M&A, antitrust, and complex deals.
• Skadden, Arps, Slate, Meagher & Flom LLP — Top-tier across M&A, litigation, and regulatory.
• Others frequently in the top 10: Latham & Watkins, Sullivan & Cromwell, Kirkland & Ellis, Davis Polk & Wardwell, Gibson Dunn, Milbank, and Simpson Thacher & Bartlett.

Revenue and Scale (Am Law/Global 200, NLJ 500)

These are the largest by gross revenue or headcount (often used by big business):

• Kirkland & Ellis — Often the revenue leader (over $10B recently); broad corporate, private equity, and litigation practice.
• Latham & Watkins — Strong global presence and high revenue (around $8B range).
• DLA Piper, Dentons, Baker McKenzie — Among the largest by headcount or global footprint.
• Others: Norton Rose Fulbright, Greenberg Traurig, Hogan Lovells, White & Case, Jones Day.

Client-Focused and Practice-Area Rankings (Chambers, Best Lawyers, Legal 500)

These emphasize expertise and client recommendations, with Band 1/Tier 1 ratings in specific areas or regions:

• Firms like Cravath, Davis Polk, Kirkland & Ellis, Latham & Watkins, Simpson Thacher, and Milbank frequently earn top national or global bands in finance, M&A, and corporate work.
• Best Law Firms (by Best Lawyers) provides metro- and practice-specific tiers based on extensive peer and client input.

Key Considerations for "People Actually Use"

• Big corporate/institutional clients often turn to the elite/prestige or mega-firms above for high-stakes work.
• Individuals or smaller matters typically use regional specialists, solo practitioners, or mid-sized firms rather than these global giants (due to cost and focus).
• Rankings evolve yearly; cross-reference multiple sources (Vault for prestige, Chambers for client views, Am Law for finances) and consider specific practice needs, location, and fit. Many firms excel in niches (e.g., Cooley or Wilson Sonsini for venture capital/tech).
• Always verify current details directly, as data reflects 2025–2026 reporting cycles.

For personalized recommendations, consult directories like Chambers.com or BestLawFirms.com, or seek referrals tailored to your jurisdiction and legal issue.

The "best" law firms in the world are typically measured by prestige, revenue size, and market dominance. Major institutions, Fortune 500 corporations, and high-net-worth individuals rely on an elite tier of global law firms—often referred to in the U.S. as "BigLaw"—to handle high-stakes mergers, complex litigation, and international regulatory matters.

The top law firms that major global brands and clients actually use are grouped by their specific market strengths according to the latest Vault Law 100 Prestige Rankings and Chambers Global Guides:

The Elite M&A and Corporate Powerhouses

These are the premium, highly prestigious firms traditionally called on for multi-billion-dollar mergers, acquisitions, and high-profile corporate governance.

Cravath, Swaine & Moore LLP: Standout Focus: Consistently ranked No. 1 in overall prestige. It is the premier choice for major corporate transactions and systemic litigation. Core Strength: Highly exclusive corporate advisory, premium transactional work, and a renowned generalist training approach. Wachtell, Lipton, Rosen & Katz: Standout Focus: Ranked No. 2 in overall prestige and the absolute leader in Mergers & Acquisitions. Core Strength: Operates on a lean, high-value model specifically brought in to defend against hostile takeovers or direct massive corporate buyouts. Sullivan & Cromwell LLP: Standout Focus: A historic powerhouse sitting firmly in the top tier of international prestige. Core Strength: Cross-border transactions, white-collar defense, and top-tier financial sector representations.

The Global Giants (By Revenue & Footprint)

If a brand needs seamless legal representation across multiple continents simultaneously, they turn to these mega-firms that employ thousands of lawyers worldwide.

Kirkland & Ellis LLP: Standout Focus: The highest-grossing law firm in the world, completely dominating private equity. Core Strength: Private equity fund formation, large-scale commercial restructuring, and elite trial practices. Latham & Watkins LLP: Standout Focus: A massive global powerhouse that is a consistent market leader in revenue and influence. Core Strength: Unmatched footprint in capital markets, technology finance, energy projects, and antitrust litigation. Skadden, Arps, Slate, Meagher & Flom LLP: Standout Focus: Holding the No. 3 spot in national prestige, Skadden is one of the most recognized global legal brands. Core Strength: High-stakes corporate crises, cross-border M&A, and regulatory enforcement actions. DLA Piper: Standout Focus: One of the absolute largest firms by headcount, boasting an expansive international footprint across more than 40 countries. Core Strength: Comprehensive global commercial support, cross-border technology, and international real estate.

Highly Rated Specialized & Quality-of-Life Leaders

These firms are highly utilized because they lead the industry in specialized fields (like tech or litigation) or score highest in internal culture and associate workplace satisfaction.

Morgan, Lewis & Bockius LLP: Ranked No. 1 in Vault's Best Law Firms to Work For. Widely utilized by massive employers for top-tier labor and employment law, systemic corporate investigations, and energy infrastructure projects. Cooley LLP: The definitive go-to legal brand for emerging tech companies, venture capital firms, and life sciences giants. Susman Godfrey LLP: Extensively utilized as the premier boutique for high-stakes commercial litigation, regularly recognized as the top litigation firm in major regional markets.

To help you find the right fit, are you looking at these firms from a client perspective (hiring representation for a specific corporate matter) or a career perspective (applying for legal roles)? If you have a specific practice area or geographic region in mind, I can narrow this down for you.