Editor’s notes

Welcome to The Legal 500 United States.

Current rankings and information online are taken from The Legal 500 United States 2025 edition, which was published on 11 June 2025. Please use the menu to navigate through the practice areas.

The US edition of The Legal 500 is now in its 18th year and, like the other established editions of the guide, is relied upon by millions of buyers of legal services worldwide when they need to instruct outside counsel.

What’s new in the 2025 edition?

In the latest 2025 edition of the Legal 500 United States, we are delighted to have continued the expansion of our coverage of the US legal market, highlighting new trends and developments across the jurisdiction’s top firms.

We are pleased to recognize a total of 343 firms in this year’s edition, including members of the Amlaw 100 – showcasing our commitment to recognizing firms handling high-level, nationally significant work across practice areas.

Individual recognitions have shot up in the new rankings, including a grand total of 2001 attorneys ranked as Leading Partners, an increase of 14%. We are also delighted to rank 257 Leading Associates, and 777 Next Generation Partners.

The basis for inclusion

Our team of experienced researchers – which includes both qualified journalists and lawyers – spend several months each year conducting in-depth research into the market. The primary source of our information is the law firms themselves, and the information they provide is often not for public consumption. This allows us to properly assess them against one another, practice area by practice area. We also gather feedback from peers and clients to assess their overall visibility and reputation. The process culminates in detailed rankings and editorial, providing buyers of legal services with an objective analysis of the US market that is updated annually.

Approach

We organise each practice area into a single national ranking, eschewing a state-by-state approach. We look at firms with the capability and reach to handle sophisticated and complex work. This is not a game of numbers – indeed many of the firms included are small, single-office firms – but simply a question of quality.

Emphasis on teams, not individuals

With the notable exception of our leading trial lawyers list, we do not rank individual lawyers by tier. We do highlight certain key individuals within the editorial paragraphs and in our individual rankings, but our principal aim is to provide a snapshot of the market based on our assessment of the overall strength and depth of a practice group.

As your US editor, I would welcome your feedback and ideas about how we can further develop the rankings and evolve the guide to ensure it appropriately reflects this largest legal market in the world. Please do get in touch.

Barnaby Merrill

Editor, The Legal 500 United States

News & Developments

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Press Releases

Arnold & Porter Bolsters Capital Markets Team With Christopher DeCresce in New York

NEW YORK, February 17, 2026 — Arnold & Porter announced today that Christopher (Chris) DeCresce has joined the firm’s Capital Markets team of the Corporate & Finance practice as a partner, resident in New York. Derek Stoldt, co-chair of the firm’s Corporate & Finance group, said: “Chris is a highly respected lawyer, with broad experience and a strong reputation that will enhance the firm’s position and bench, particularly our capital markets and financial services practices. His experience leading complex transactions, particularly for financial institutions, complements the firm’s existing platform and will be invaluable. We are excited to welcome him to the firm.” Chris focuses his practice on capital markets and securities transactions for financial institutions. He regularly works on private equity investments, initial public offerings, debt and equity offerings, regulatory matters, and major mergers and acquisitions, often in the financial services and life sciences sectors. Chris also frequently works with FinTech and tokenization transactions, often advising cryptocurrency companies in their corporate transactions. In addition to his work in private legal practice, Chris has also served as a managing director in the investment banking group of a middle-market, financial services-focused investment bank. In joining the firm, Chris said: “I’m thrilled to join Arnold & Porter’s outstanding Capital Markets and Financial Services team. The firm’s reputation for regulatory excellence and its collaborative, cross-disciplinary approach to complex transactions aptly align with my practice, making it an exciting place to practice law. I look forward to leveraging my experience to deliver innovative solutions and help clients achieve their strategic goals.” Chris holds a J.D., magna cum laude, from New York Law School and a B.A., cum laude, from City College of the City University of New York. About Arnold & Porter Arnold & Porter combines sophisticated regulatory, litigation, and transactional capabilities to resolve clients’ most complex issues. With over 1,000 lawyers practicing in 16 offices worldwide, we offer an integrated approach that spans more than 40 practice areas. Through multidisciplinary collaboration and focused industry experience, we provide innovative and effective solutions to mitigate risks, address challenges, and achieve successful outcomes.
Arnold & Porter - February 23 2026
Press Releases

Arnold & Porter Bolsters Capital Markets Team With Christopher DeCresce in New York

NEW YORK, February 17, 2026 — Arnold & Porter announced today that Christopher (Chris) DeCresce has joined the firm’s Capital Markets team of the Corporate & Finance practice as a partner, resident in New York. Derek Stoldt, co-chair of the firm’s Corporate & Finance group, said: “Chris is a highly respected lawyer, with broad experience and a strong reputation that will enhance the firm’s position and bench, particularly our capital markets and financial services practices. His experience leading complex transactions, particularly for financial institutions, complements the firm’s existing platform and will be invaluable. We are excited to welcome him to the firm.” Chris focuses his practice on capital markets and securities transactions for financial institutions. He regularly works on private equity investments, initial public offerings, debt and equity offerings, regulatory matters, and major mergers and acquisitions, often in the financial services and life sciences sectors. Chris also frequently works with FinTech and tokenization transactions, often advising cryptocurrency companies in their corporate transactions. In addition to his work in private legal practice, Chris has also served as a managing director in the investment banking group of a middle-market, financial services-focused investment bank. In joining the firm, Chris said: “I’m thrilled to join Arnold & Porter’s outstanding Capital Markets and Financial Services team. The firm’s reputation for regulatory excellence and its collaborative, cross-disciplinary approach to complex transactions aptly align with my practice, making it an exciting place to practice law. I look forward to leveraging my experience to deliver innovative solutions and help clients achieve their strategic goals.” Chris holds a J.D., magna cum laude, from New York Law School and a B.A., cum laude, from City College of the City University of New York .   About Arnold & Porter Arnold & Porter combines sophisticated regulatory, litigation, and transactional capabilities to resolve clients’ most complex issues. With over 1,000 lawyers practicing in 16 offices worldwide, we offer an integrated approach that spans more than 40 practice areas. Through multidisciplinary collaboration and focused industry experience, we provide innovative and effective solutions to mitigate risks, address challenges, and achieve successful outcomes.
Arnold & Porter - February 23 2026
Press Releases

Latham Adds Experienced Finance Partner in New York, Further Expanding Top-Ranked Practice

Max Silverstein advises sponsors, corporates, and credit funds on complex financing and liability management transactions. Latham & Watkins LLP is pleased to announce that Max Silverstein has joined the firm’s New York office as a partner in the Capital Markets Practice. Silverstein has substantial experience representing sponsors, corporates, and credit funds in their most complex financing and liability management transactions. His arrival further enhances Latham’s world-class, fully integrated corporate and finance practice. “We are delighted to have Max join our all-star team, further enhancing our ability to serve our clients’ most sophisticated financing needs,” said Marc Jaffe, Managing Partner of Latham & Watkins’ New York office. “Max is a talented partner with terrific experience advising on complex matters at the intersection of direct lending, special situations, and restructuring — areas that are both a strategic priority and where client demand is incredibly strong and growing.” Silverstein’s practice focuses on direct lending, special situations transactions, workouts, restructurings, and insolvency matters. He represents private equity sponsors, portfolio companies, corporate borrowers, and credit funds in a broad range of leveraged finance transactions, including acquisition financings, leveraged buyouts, recapitalizations, and asset-based and other senior secured credit facilities. Silverstein has developed a market-leading practice advising clients on complex asset-based term loans and revolvers, including first-in, last-out financings. John Sobolewski, Global Chair of Latham’s Liability Management Practice and Global Vice Chair of the Capital Markets Practice, said, “Max is an elite talent and a proven advisor on complex finance and liability management matters. He deepens our market-leading capabilities and strengthens our role as the go-to advisor for clients across the capital stack.” Silverstein is the latest partner to join Latham’s fully integrated global finance and corporate platform. In the last year, Latham added in New York renowned practitioners Ray C. Schrock, Andrew Parlen, John Sobolewski, Ryan Preston Dahl, Candace Arthur, Alexander Welch, Benjamin Rhode, and Natasha Hwangpo. “It is not only Latham’s incredible scale and resources that are exciting, but also the firm's strong commitment to investing in and expanding the practice at the highest level,” said Silverstein. “These things and more offer a unique opportunity to contribute to a platform poised for exponential growth. I’m thrilled to join the team and look forward to contributing to the firm’s ambitious growth plans and continued success.” Silverstein joins Latham from Ropes & Gray LLP. He received his JD from Columbia Law School, MA from Relay Graduate School of Education, and BS from Pennsylvania State University.
Latham & Watkins LLP - February 5 2026
Press Releases

Corporate Partner Joins Latham in Los Angeles, Bringing Extensive Experience Advising Emerging Growth Companies

Steven Dunst represents emerging growth companies at all stages, from pre-seed to unicorns, and the investors that finance them. Latham & Watkins LLP is pleased to announce that Steven Dunst has joined the firm’s Los Angeles office as a partner in the Emerging Companies & Growth Practice. Dunst represents emerging growth companies at all stages, from pre-seed to unicorns, and the investors that finance them. His experience spans multiple sectors, with a focus on technology, fintech, blockchain and crypto, digital health, entertainment and media, and consumer products. “We are delighted that Steven is joining our team,” said Jeff Bjork, Managing Partner of Latham’s Los Angeles office. “He has deep connections within the West Coast startup and investment communities, and his extensive experience advising growth companies and investors, particularly in venture capital and M&A transactions, aligns perfectly with our strategic growth objectives in Southern California. With his track record of advising fast growth companies and the diverse investor market in Los Angeles, he will be a key force in helping us expand our practice not only in California but nationwide.” Dunst advises emerging growth companies and their investors throughout their lifecycle on matters ranging from pre-incorporation planning, fundraising strategies, equity financings, and debt financings to joint ventures, mergers and acquisitions, equity compensation, and corporate governance. Ben Potter, Global Chair of Latham’s Emerging Companies & Growth Practice, said, “Steven’s expertise advising founders, startups, and investors on complex and novel transactions and other matters is highly accretive to our practice. His exceptional reputation in the market reflects his abundant talents, industry knowledge, and entrepreneurial qualities, and we are thrilled to add a lawyer of his experience and business development skills to the practice.” Dunst is the latest partner to join Latham’s deep bench and expanding Emerging Companies & Growth Practice on the West Coast. Partners Todd Trattner, Seth Gottlieb, Alex Kassai, and Zachary Fallon joined the firm’s Bay Area offices in the past two years. "I have long admired Latham’s commitment to being the destination firm for founders, growth companies, and the investor community, and I’m excited to join the team and contribute to the firm’s continued success,” said Dunst. "I have a lot of respect for the team’s drive, ambition, and quality of practice, and I am enthusiastic about bringing the firm's comprehensive platform to meet clients' evolving needs.” Dunst joins from Cooley LLP. He received his JD from Harvard Law School and BA from the University of California, Berkeley.
Latham & Watkins LLP - February 5 2026
L500 | United States | Law firm and lawyer rankings from Legal 500 guide | Editor’s notes