Best Corporate Law Firms of 2024
Your business may not require the services of a corporate law firm every day, but when you do, their expertise matters! Business relationships and state and federal laws that govern various industries can be complex, so having an outstanding corporate lawyer just a call away can be extremely reassuring.
Recommended Firms
Wachtell, Lipton, Rosen & Katz
Wachtell Lipton is a prestigious corporate law firm recognized for its high-profile corporate transactions and litigation. Established in 1965, they provide legal services to major corporations and financial institutions on issues related to mergers and acquisitions, corporate governance, and regulatory compliance. Their commitment to excellence has earned them a reputation as one of the top firms in the country.
Davis Polk & Wardwell LLP
Davis Polk is a leading international law firm that specializes in corporate law and litigation. Founded in 1849, they are well-known for their work in corporate finance and mergers and acquisitions. Their attorneys combine deep legal knowledge with practical business insights to provide clients with effective solutions for complex legal challenges.
Simpson Thacher & Bartlett LLP
Simpson Thacher is a prominent law firm specializing in private equity and corporate law. Founded in 1884, they provide legal services across various sectors including mergers and acquisitions and fund formation. Their extensive experience and strong client relationships enable them to deliver tailored solutions that meet the specific needs of their clients.
Kirkland & Ellis LLP
Kirkland & Ellis is a global leader in corporate law known for its expertise in private equity transactions. Established in 1909, they represent some of the world’s largest corporations and investment firms on complex legal matters. Their attorneys are recognized for their innovative strategies and commitment to delivering exceptional client service across various industries.
Morrison & Foerster LLP
Morrison & Foerster is a global law firm known for its expertise in corporate law and technology sectors. Founded in 1883, they provide comprehensive legal services including mergers and acquisitions, corporate governance, and intellectual property matters. Their attorneys are recognized for their innovative solutions and commitment to client service, particularly in complex transactions and regulatory environments.
With more than 201,000 Corporate Law Firms in the United States, it can be challenging to choose one that best fits your business goals and aspirations. Knowing what to look for can streamline the process, which is why we have created this handy guide.
Reach out to the expert Firms.com team if you need additional guidance while searching for a corporate law firm to partner with that ticks all your boxes.
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Five things to consider when partnering with a corporate law firm
Now that we have been through the first phase of narrowing down your search for the ideal corporate law firm for your business let’s get down to the nitty-gritty. Make a list of top law firms that you feel would be a good fit for your business needs, and work through the following five considerations for each:
- Experience – Corporate law consists of various niches. Check that the firms you are considering have experience in areas you may require. From employment law issues and compliance issues to facilitating mergers and acquisitions, it is essential that the team you choose can handle everything you need them to.
- Communication – Partner with a corporate law firm that communicates in a way that makes you feel supported. They need to feel like your business partners and should be responsive to your queries.
- Track record – Research the past results of firms you are considering to ensure that they have a track record of success. Start by reading online reviews and approaching other businesses that have used them.
- Size and resources – Ensure the corporate law firm you choose has the staff and resources to support your business long-term.
- Values – It is easier to form meaningful relationships with companies whose values align with your own. Check the culture, ethical commitments, and ethos of the corporate law firm you choose to ensure you feel entirely comfortable partnering with them.
FAQs on best corporate law firms
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How do corporate law firms help businesses?
Top corporate law firms guide clients through the often confusing legal territory of mergers, acquisitions, corporate governance, regulatory compliance, and securities law. They help businesses to grow and thrive while working within the framework of state and local laws.
While corporate law firms are often associated with large companies, even growing businesses benefit from the services of an outstanding corporate legal team. Mergers and acquisitions can take place in any industry. Having an exceptional corporate law firm on your side gives your company the best chance of achieving favorable outcomes.
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How do you choose a corporate law firm?
While choosing an agency based on its convenient location may be tempting, it pays to weigh up options and carefully research firms to ensure that they are a good fit for your business.
Much like Goldilocks and the porridge bowls, corporate law firms operate in different spaces and often specialize in various aspects of business law. You need to find one that is a perfect fit for where your business is currently and that will help you reach your future growth goals.
Some essential considerations when selecting a corporate law firm to represent your business should include:
- Areas of specialization – While it is impossible to see into the future, it is important to establish what type of corporate services may be most valuable to your business.
- Cost – Before proceeding to the next phase with a prospective corporate law firm, review its fee structure to determine whether its rates are within your company’s budget.
- Approachability – Bigger is not always better, especially if you feel intimidated asking questions or approaching your legal team for answers. Finding a corporate law firm where you feel comfortable and supported is far better.
- Adaptability – Businesses continually grow and evolve. Choosing the right corporate law firm for your business means that they will be capable of keeping up with your changing needs in the future.