Best Law Firms by Practice Area
These firms were voted strongest in each practice area by associates working in that area at peer firms. Vault's 2025 Rankings are derived from Vault's Annual Associate Survey conducted between January 2024 through March 2024.
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2025 Best Law Firms for Bankruptcy/Restructuring
Kirkland & Ellis
A legal giant—both in size and reputation—Kirkland is known for its private equity, M&A and other complex corporate transactions; investment fund formation and alternative asset management; restructurings; high-stakes commercial and intellectual property litigation; and government, regulatory, and internal investigations work, with lawyers working across more than 60 practice areas for high-profile clients. With over 3,500 attorneys across 20 offices and a commitment to ‘innovative and comprehensive legal education and development,’ Kirkland is the perfect firm for driven individuals who are ready to take control of their legal careers.
75.36% of Votes
2024 Ranking
#1
Weil
A leader in bankruptcy and restructuring, Weil is an all-around legal superstar with a name that will shine on any resume. The firm is a good fit for team players who enjoy socializing and aren’t afraid to roll up their sleeves and work hard.
52.17% of Votes
2024 Ranking
#2
Paul, Weiss
Since its founding in 1875, Paul, Weiss has grown to 10 offices—five domestic and five international—with more than 1,000 attorneys. The firm attracts associates from a broad range of backgrounds who want to engage in sophisticated, complex legal matters. In addition to general litigation and corporate law, Paul, Weiss attorneys excel in the areas of public M&A, private equity, white collar and regulatory defense, restructuring, and capital markets. Associates work hard and appreciate that the firm provides meaningful opportunities to work on social justice issues and provides substantial support for well-being.
23.19% of Votes
2024 Ranking
#3
Davis Polk & Wardwell LLP
One of the oldest New York-based firms, with premier offices in London, Madrid, Tokyo, Hong Kong, Beijing, and São Paulo, Davis Polk is renowned for its offerings across its corporate, litigation, and tax departments. The firm prides itself on a collegial environment where associates are given the resources and support to learn and excel. Central staffing and lockstep compensation encourage associates to focus on client service and career development over numerical targets.
19.81% of Votes
2024 Ranking
#4
Latham & Watkins
You know you’ve made it in the legal industry when you’ve landed a spot at Latham. The firm is a global leader across dozens of practice areas, with over 3,000 lawyers in 14 countries, and recruits the best of the best. This globalization allows Latham to service clients with the finest legal resources, regardless of location. Those seeking autonomy to shape their practice and wanting extensive training and support will be pleased with their opportunities at this legal giant.
14.98% of Votes
2024 Ranking
#6
Akin Gump Strauss Hauer & Feld LLP
Nine hundred lawyers strong with a long list of lauded practice areas, Akin excels at almost everything. Transparent? Check. Making strides in diversity? You bet. Walking the wellness walk? Absolutely. Social types who are down-to-earth will fit in well at the firm. Akin is a leader in lending a helping hand, with attorneys devoting an average of more than 100 hours to pro bono clients per year and over 70% of attorneys participating in pro bono work.
13.29% of Votes
2024 Ranking
#5
Milbank
Leading the charge in compensation, Milbank is among the most elite law firms for corporate law. The firm prioritizes mentoring and training, including its highly regarded Milbank@Harvard program. Hardworking-yet-easygoing candidates will fit well within the firm’s friendly culture.
12.56% of Votes
2024 Ranking
#8
White & Case
Look up “global law firm” in the thesaurus, and you’ll find White & Case. A leader in cross-border work, the firm works across two dozen practice areas. The firm is home to a truly diverse team of lawyers and boasts a top-down commitment to fostering an inclusive workplace.
9.42% of Votes
2024 Ranking
#7
Sullivan & Cromwell LLP
One of the most prestigious law firms, Sullivan & Cromwell adopts a generalist approach, allowing lawyers to work across industries and subgroups. Sullivan & Cromwell boasts an army of over 800 attorneys across eight countries. The firm prides itself on mentoring and career advising, as well as providing associates with a positive environment to work on cutting-edge legal matters with talented colleagues.
7.73% of Votes
2024 Ranking
#11
Skadden
With practices from M&A to tax, Skadden is a legal powerhouse and mainstay among the most prestigious firms in Vault’s Top 100 ranking. Skadden lawyers are a social bunch who value teamwork and mentorship, and they dive headfirst into complex matters. From New York to Hong Kong, the Skadden name is known worldwide, with nearly 1,700 attorneys across eight U.S. offices and 13 international offices. Exit opportunities are endless for Skadden attorneys due to the firm’s strong alumni network and prestigious name. Attorneys are committed to pro bono work and are encouraged from day one to find a pro bono matter that sparks their interest to benefit the community.
6.04% of Votes
2024 Ranking
#9
Pachulski Stang Ziehl & Jones
Pachulski Stang Ziehl & Jones is a leader in corporate restructuring. Over the past four decades, the firm has grown to become one of the the largest bankruptcy boutiques in the country, with offices from coast to coast. The firm also prides itself in its commitment to social responsibility. Firm attorneys sit on a range of charitable boards—from the Asian Pacific American Legal Center to the U.S. Supreme Court Historical Society.
5.80% of Votes
2024 Ranking
#10
Jones Day
With a Midwestern culture of collegiality and teamwork, Jones Day is among the best of the best in the legal industry. Home to more than 2,400 attorneys in dozens of worldwide offices, clients can call upon its vast resources and exceptional legal talent across jurisdictions and practice areas. Associates love the interesting work, friendly culture, and commitment to pro bono service.
4.11% of Votes
2024 Ranking
#12
Young Conaway Stargatt & Taylor, LLP
The second-largest law firm in Delaware, Young Conaway's status as a leading bankruptcy, corporate counseling, and litigation firm transcends its small state and draws local, national, and international clients from corporations, state governments, stockholders, and individuals. While it is best known for bankruptcy, it isn’t the firm’s only forte. Young Conaway has a strong corporate litigation and counseling practice focused on serving directors, officers, and other fiduciaries. The firm is also home to a busy intellectual property litigation practice, as well as a general litigation and trial practice. Among the disputes the firm handles are general commercial, insurance, environmental, mass torts, and securities litigation.
4.11% of Votes
2024 Ranking
#13
Wachtell, Lipton, Rosen & Katz
M&A giant and leader in the New York legal market, Wachtell Lipton is one of the most elite law firms in the industry. Known for its high-profile matters and above-market compensation, Wachtell Lipton is home to a passionate group of lawyers who embrace hard work and professionalism. The firm is small by elite, BigLaw standards, which fosters a collegial atmosphere, and it has spurned domestic or international expansion, preferring to maintain a sole office in NYC.
3.87% of Votes
2024 Ranking
#14
Kramer Levin
With about 300 attorneys, Kramer Levin embraces a diversified practice model, with particular strengths in bankruptcy, immigration, litigation, M&A, real estate, and white collar. Matters are staffed leanly, giving lawyers early and frequent opportunities for partner contact and sophisticated work.
3.14% of Votes
2024 Ranking
#Not Ranked
Quinn Emanuel Urquhart & Sullivan, LLP
In contrast to a stuffy BigLaw firm, Quinn Emanuel offers a unique combination of casual and ambitious. Lawyers who work at this top litigation shop are motivated and have the autonomy to manage their workloads and the drive to tackle intense complex matters for hours—all while wearing jeans and flip flops (if they so choose). Quinn Emanuel attorneys are treated to a fully remote, work-from-anywhere policy and have significant opportunities to work in any of their international offices.
3.14% of Votes
2024 Ranking
#Not Ranked
Sidley Austin LLP
With an impressive global footprint of over 2,300 lawyers across 21 offices and a roster of top-notch clients across the energy, financial services, healthcare, insurance, life sciences, sports and media, and technology industries, Sidley is the cream of the crop when it comes to law firms. Come for the sophisticated work and stay for the polite, amiable Midwestern vibes as well as the sincere commitment to building a diverse and inclusive workplace.
3.14% of Votes
2024 Ranking
#15
