U.S. firms can't get into Houston and Silicon Valley fast enough, but the Magic Circle firms on Law360's Global 20 are steering clear — and for good reason.
Aggressive expansion in London and Paris is the main driver of attorney head count growth in the European Union for the Global 20, according to Law360 data, as firms choose to throw their resources in Europe at those two markets rather than expand into smaller cities.
While all of the firms in Law360's Global 20 have outposts in China, several reduced their head counts there over the past year as law firms struggle to make a profit from practicing in the world's second-largest economy.
Singapore, France and the United Arab Emirates are just a few of the major growth areas for international law firms in 2015, with firms looking to boost their attorney counts in those countries thanks in part to a rise in international arbitration, cross-border deals and energy developments in Southeast Asia.
For the fifth straight year, Law360 has selected and ranked the 20 law firms that had the biggest global presence and handled the largest, most significant and groundbreaking international and cross-border matters over the past year. Here, we reveal this year's Law360 Global 20.
Through a bevy of mergers and acquisitions and robust hiring sprees, five firms stood out this year for making the biggest gains in their global head counts, according to Law360's Global 20 data.
Law360's Global 20 firms may call the world their home, but they all agree that there are some places everyone needs to have a little pied-a-terre in order to be taken seriously.
Winning an eye-popping $50 billion arbitration award against the Russian government probably would have been enough to land Shearman & Sterling LLP a spot on Law360's Global 20, but the firm also racked up a slew of other cross-border accomplishments over the past year that helped in the effort.
Following more than a decade of aggressive growth, Mayer Brown LLP has nearly half of its attorneys based outside the U.S., allowing the firm to guide game-changing deals and projects, like the $5.4 billion Panama Canal expansion, and landing it on Law360’s Global 20.
A decadelong expansion effort has pushed King & Spalding LLP into emerging legal hot spots like the United Arab Emirates and Singapore while producing lucrative work for its energy, finance and global disputes practices, earning the firm a spot on Law360's Global 20 for the third time.
Skadden Arps Slate Meagher & Flom LLP has been in the thick of headline-grabbing news all over the world over the past year, from shepherding Nokia Corp. through Microsoft Corp.’s $7.2 billion mobile business acquisition to compelling Kuwaiti-based Combined Group Contracting Co. to pay a $10 million arbitral award to AP Holdings Southaven LLC, earning the firm a spot on Law360's Global 20.
Collaboration across its world-spanning offices on Brightstar Corp.'s sale of a majority stake to SoftBank Corp. for $1.26 billion, Darling International Inc’.s $2.1 billion acquisition of Netherlands-based Vion Ingredients and numerous other transactions and disputes has landed K&L Gates LLP on Law360's Global 20.
U.K.-based Linklaters LLP crafted a first-of-its-kind multibank securitization program for major financial clients and advised companies on billion-dollar cross-border transactions between Asia, Europe and the Americas, all while eyeing a U.S. expansion, earning a spot on Law360’s Global 20.
From complicated cross-border transactional work including a $1.8 billion deal involving Ashland Inc. to international arbitration disputes on behalf of sovereign governments, Squire Sanders — which recently linked up with Patton Boggs LLP — more than earned itself a spot on Law360's Global 20.
Having expanded its operations around the globe in recent years, Latham & Watkins LLP has turned its attention to integrating its 32 offices with an eye toward offering clients the most comprehensive and efficient service wherever they are in the world, landing the firm on Law360's Global 20 list.
While other firms consider retrenching, Hogan Lovells shows no signs of retreating from an aggressive plan to strike into emerging global legal markets, boosting its presence in Africa and Latin America and piloting a series of cross-border transactions and disputes that helped earn it a fourth consecutive spot among Law360’s annual Global 20.
Dentons guided Chinese exploration company MMG Ltd. in the $5.8 billion purchase this year of the Las Bambas mine in Peru — one of the largest copper mines in the world — in a series of high-profile international transaction work that also includes its representation of the Republic of Ghana in a $1 billion bond issue, landing it on Law360’s Global 20 list.
In the past year, Norton Rose Fulbright attorneys around the world have helped steer a $3.2 billion port project in Jakarta, Indonesia, a merger that created the largest bank in Africa and financing for the construction of Quebec's first diamond mine, earning the firm a spot on Law360's Global 20 list.
From representing Apple Inc. in the Australian portion of its global patent war with Samsung Electronics Co. Ltd. to advising energy, pharmaceutical and media giants on multibillion-dollar, cross-border deals, Herbert Smith Freehills LLP's litigation and transactional reach has earned it a spot on Law360's Global 20.
Steering Tokyo Electron Ltd. through its pending $29 billion tie-up with Applied Materials Inc. — the first merger ever between U.S. and Japanese public companies — and beating back a $1.6 billion claim against Texas Keystone Inc. in London helped land Jones Day on Law360's Global 20 list for the fourth time.
Thanks to a continued focus on growing key offices within its already far-reaching global network as well as landing work on myriad major matters around the globe, DLA Piper has again earned a spot on Law360’s Global Top 20 list.
From financing a large-scale urban redevelopment project in London to guiding the sale of a Thai wholesaler via a Dutch trading group, Baker & McKenzie LLP facilitated more cross-border deals in 2013 than any other law firm in the world, earning it a spot on Law360’s Global 20 list for the fourth year in a row.
With its work from a €40 billion ($53.4 billion) merger of global cement producers to juggling simultaneous deals between Lenovo Group Ltd. and International Business Machines Corp. and Google Inc., Cleary Gottlieb Steen & Hamilton LLP has landed a spot on Law360's Global 20 for the fourth straight year.
Global powerhouse Allen & Overy LLP showed its financial prowess in guiding in an innovative $9 billion takeover for Orascom Construction Industries SAE and flexed its cross-border muscle in market-leading transactions, earning it a spot among Law360’s Global 20.
As Law360's Global 20 move into Foreign Corrupt Practices Act hot zones, they won't just be worrying about keeping their clients out of regulatory trouble — they'll also have to make sure they stay above the crossfire of foreign bribery schemes themselves.