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 Project Finance

#1

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.

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30.75% of Votes

2024 Ranking

#1

Milbank
#2

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.

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27.30% of Votes

2024 Ranking

#2

Latham & Watkins
#3

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.

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21.50% of Votes

2024 Ranking

#3

Skadden
#4

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.

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12.48% of Votes

2024 Ranking

#5

White & Case
#5

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.

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12.31% of Votes

2024 Ranking

#4

Davis Polk & Wardwell LLP
#6

Simpson Thacher

One of the most elite corporate law firms, Simpson Thacher is a dream firm for anyone pursuing a career in corporate law. The firm boasts a supportive environment that highly values professional development—as indicated by its robust training program, STB Ready, and mentoring, which is fostered by those at the top.

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12.03% of Votes

2024 Ranking

#6

Simpson Thacher
#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.

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11.53% of Votes

2024 Ranking

#7

Sullivan & Cromwell LLP
#8

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.

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10.59% of Votes

2024 Ranking

#8

Sidley Austin LLP
#9

Cleary Gottlieb Steen & Hamilton LLP

With 16 offices in financial centers across four continents and lawyers from more than 50 countries, Cleary is an established worldwide law firm with a global reach. Known for its cross-border work, including its representation of national governments, Cleary is one of the most prestigious firms. Good global citizenship takes on a distinct meaning in light of the firm’s many pro bono efforts. Intellectual curiosity and an amiable personality will go far in fitting in with the firm’s unique “Cleary Culture.”

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8.52% of Votes

2024 Ranking

#9

Cleary Gottlieb Steen & Hamilton LLP
#10

Vinson & Elkins

Vinson and Elkins’ lean-team model leads to great training opportunities for associates via hands-on experience, strong partner mentorship, and new challenges. Overall, associates agree that V&E offers a great culture, great compensation, and great work. With its largest office in Texas, V&E’s southern hospitality shines at the firm, and associates don’t shy away from an opportunity to socialize inside and outside the office. Through its market-leading approach, V&E has been tackling some of the most complex legal disputes for more than 100 years.

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8.02% of Votes

2024 Ranking

#12

Vinson & Elkins
#11

Mayer Brown LLP

Among the largest law firms in the world, Mayer Brown does it all. Among its standout practice is appellate litigation—through which the firm has argued more than 250 cases before the Supreme Court. The firm has a professional atmosphere where lawyers take control of their workload via the free market system. Pro bono work is a hallmark of Mayer Brown, as it was the first major law firm to develop and implement a pro bono strategic plan.

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7.69% of Votes

2024 Ranking

#11

Mayer Brown LLP
#11

Norton Rose Fulbright

Norton Rose Fulbright hires attorneys who fit into its kind, social culture. New leadership has made some recent, well-received changes, including expanded diversity and wellness initiatives, a new training platform, and heightened transparency. With offices in over 50 cities worldwide, Norton Rose Fulbright is a global firm with a diversity of work and a noteworthy presence in the renewable energy sphere.

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7.69% of Votes

2024 Ranking

#10

Norton Rose Fulbright
#13

A&O Shearman

A top global firm, A&O Shearman has nearly 4,000 lawyers across 48 offices in 29 countries, with approximately 650 attorneys reporting to a U.S. office. The firm handles significant international and U.S. matters and is well known in the U.S. for its Project Finance, Banking & Financial Services, and Securities/Capital Markets practices, among others.

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5.91% of Votes

2024 Ranking

#16

A&O Shearman
#14

Orrick

Innovation is the name of the game at Orrick—from the energy, tech, and finance clients that the firm counsels, to its impactful well-being initiatives and its modern technology tools. Associates who are down-to-earth, collaborative, and forward-thinking will fit right in at this progressive firm. With offices in over 25 markets across the United States, Europe, and Asia, Orrick is a legal powerhouse with dedication to pro bono, diversity, and competitive compensation.

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5.07% of Votes

2024 Ranking

#14

Orrick
#15

DLA Piper

Get your passport ready—DLA Piper has more than 90 offices (including relationship firms) around the world and is home to more than 4,000 lawyers. These lawyers work across dozens of practices, and the firm is lauded for its Data Protection, Privacy, and Security practices. Collaboration and professionalism are key to this firm’s collegial culture. Associates enjoy working with collaborative, intelligent colleagues in a flexible environment.

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5.01% of Votes

2024 Ranking

#13

DLA Piper
#16

Morrison Foerster

Exemplary work is standard at MoFo, but as its nickname suggests, the firm and its lawyers don’t take themselves too seriously. Morrison & Foerster LLP, with 18 global offices and more than 1,000 attorneys, excels in many practice areas, including intellectual property and privacy, and is a standout in the pro bono area, assisting in a wide range of matters. Diversity and related initiatives are key at MoFo, with DEI activities counting toward legal service hours.

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4.96% of Votes

2024 Ranking

#24

Morrison Foerster
#17

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.

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4.85% of Votes

2024 Ranking

#20

Akin Gump Strauss Hauer & Feld LLP
#17

Debevoise & Plimpton LLP

One of the elite New York firms, Debevoise is a leader in the private equity and M&A spaces and is also a go-to firm for white collar matters. The firm has a reputation for being intellectual and respectful and for providing ample support to its associates—from extensive mentoring to career coaching. Associates wanting extensive pro bono opportunities will find Debevoise a great place to land, as helping underserved communities has been an area of focus since the firm’s founding in 1931.

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4.85% of Votes

2024 Ranking

#18

Debevoise & Plimpton LLP
#19

Baker McKenzie

As one of the world’s largest law firms, with 69 international offices and over 6,000 lawyers, Baker McKenzie is known for its cross-border work. The firm often recruits candidates with global experience or, at least, a genuine interest in international matters. The firm offers associates satisfying work experiences, genuinely friendly colleagues, and autonomy with their caseloads.

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4.51% of Votes

2024 Ranking

#22

Baker McKenzie
#19

Clifford Chance US LLP

As a global force since its merger in 1987, Clifford Chance unsurprisingly seeks candidates with international aspirations and foreign language skills. This Magic Circle firm offers a welcoming culture and interesting work, and it genuinely supports pro bono and diversity efforts. One might assume that it would be easy to get lost in such a massive enterprise, but employee relations and firm transparency are exceptional.

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4.51% of Votes

2024 Ranking

#15

Clifford Chance US LLP
#21

Baker Botts L.L.P.

As the oldest BigLaw firm in Texas, Baker Botts gives its 700+ attorneys exposure to a variety of high-caliber legal work. The icing on the cake is that it all happens in a collegial environment that fosters genuine friendships and organic mentorship.

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4.18% of Votes

2024 Ranking

#23

Baker Botts L.L.P.
#22

Morgan, Lewis & Bockius LLP

A top firm for labor and employment work, Morgan Lewis has an expansive worldwide reach across 30+ offices. The firm attracts those who want to give back via pro bono work—20 hours are required for bonus eligibility—and who are seeking a nonhierarchical culture with ample transparency. Boasting an army of over 2,000 attorneys nationwide and worldwide, Morgan Lewis provides a wealth of opportunities to work on diverse and high-stakes matters in the firm’s core practice areas.

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3.90% of Votes

2024 Ranking

#20

Morgan, Lewis & Bockius LLP
#23

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.

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3.79% of Votes

2024 Ranking

#16

Jones Day
#24

King & Spalding LLP

After almost 140 years in Atlanta, King & Spalding is now a global firm with 23 offices in 10 countries and more than 1,300 attorneys. The firm counsels clients in many industries, including transportation, energy, financial services, food and beverage, higher education, technology, and life sciences and healthcare. Focusing on trial, regulatory, and transactional work, King & Spalding balances BigLaw with a social, congenial, and family-friendly culture.

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3.34% of Votes

2024 Ranking

#Not Ranked

King & Spalding LLP
#24

McDermott Will & Emery

Sitting comfortably among the Vault 100 law firms, McDermott is best known for its work in healthcare and tax law—though its practices extend far beyond these. The firm is forward-thinking when it comes to wellness—it was the first to offer lawyers billable credit for participating in 25 wellness hours—and will appeal to those seeking a collegial, supportive environment.

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3.34% of Votes

2024 Ranking

#Not Ranked

McDermott Will & Emery