IncFact
Company Profiles: Revenue, Growth, Competition

Law Firms Industry

NAICS: 54111

For additional companies see the Legal Services Industry

Contents

.Law Firms Market Share: Largest Companies in the Law Firms Industry

Company HeadquartersRevenue ($ MM)
AUSTIN 316 FIDUCIARY LIMITEDOceanside, NY100 
LATHAM & WATKINSLos Angeles, CA54 
KIRKLAND & ELLISChicago, IL49 
GREENBERG TRAURIG P.A.Miami, FL42 
BAKER & MCKENZIEChicago, IL33 
FRAGOMEN DEL REY BERNSEN & LOEWYWashington D.c., DC32 
JONES DAYCleveland, OH29 
NORTH CAROLINA BAR FOUNDATIONCary, NC29 
SIDLEY AUSTINChicago, IL27 
K&L GATESPittsburgh, PA27 
DLA PIPER LLP USBaltimore, MD24 
HOLLAND & KNIGHTBrandon, FL24 
MORRISON & FOERSTERSan Francisco, CA24 
MORGAN LEWIS & BOCKIUSPhiladelphia, PA23 
ALLEN & OVERYNew York, NY22 
GIBSON DUNN & CRUTCHERLos Angeles, CA21 
ROPES & GRAYBoston, MA21 
SKADDEN ARPS SLATE MEAGHER & FLOMNew York, NY20 
COOLEYSan Francisco, CA20 


See exact company revenues in this list


This is a list of the largest companies active in the Law Firms industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Law Firms industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Growth: Fastest Growing Law Firms Companies

A list of competitors in the Law Firms industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Law Firms businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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. Venture Funding

These Law Firms companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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