Law.com Products & ResourcesLaw.comTools Back to menu Tools Account Sign in to access your account and subscription Tools Back to menu ToolsUS Loading US...World RegionsTopicsResourcesBusiness of Law Loading Business Of Law...Practice of Law Loading Practice Of Law...Corporate Legal Loading...Legal Technology Top NewsResourcesOtherLoading...Rankings & Market Data Surveys & RankingsMarket hubsOtherEvents Loading Events..Other Sections ProMembership CommunitiesPublic NoticesResources Click to enter your existing username and password or create a new account. Click to purchase an individual user subscription with your credit card. Related informationShowLaw Firm CompetitionFollowThe 2025 A-List: Top 20 Firms4 minute readAugust 13, 2025ByALM Staff Email ShareFont SizeSmallMediumLarge PrintCredits: Adobe Stock: freeject.net; Eigens; Rashmita Choudhury/ALMThe top three spots—Munger Tolles at No. 1, Ropes & Gray at No. 2 and Wilmer at No. 3—are unchanged. Jenner moves up significantly, from No. 14 to No. 4, while Morgan Lewis descends one place, to No. 5. This premium content is reserved exclusively for subscribers.Subscribe NowAlready a subscriber? Sign In to access your subscription.Not ready to subscribe? Join the Law.com community today for access to 1 free article from across the Law.com network every 30 days*.*May exclude premium contentQuestions about group subscriptions? Contact an Account Specialist at | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe) Email ShareFont SizeSmallMediumLarge PrintPage printed from: NOT FOR REPRINT © 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to For more information visit . Continue Reading Andrew MaloneyIn a "transformative moment for law," as one leader put it, "our strategy has been: get there first."August 13, 2025ALM StaffWith progress in key areas, these 20 firms could climb the ranks to join next year's A-List.August 13, 2025Andrew MaloneyIn an era where data is king—where profitability is paramount, and legal work is being outsourced to AI—"people-first" rings a little differently.August 13, 2025Dan RoeLower demand in the lateral market for corporate associates is unlikely to yield midyear bonuses in Big Law, although year-end Milbank matches are expected.August 08, 2025Abigail AdcoxSeveral law firms have launched since the start of the year, including some by former Big Law lawyers. August 06, 2025Loading For You...••Law.com•Professional Announcements•Law.com••The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success.As a part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters.SubscribeLaw.comLaw.comTools & membershipsTools & membershipsResourcesResourcesMoreMore Law.com Publications , Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: Sole proprietorship, in which the attorney is the law firm and is responsible for all profit, loss and liability; General partnership, in which all the attorneys who are members of the firm share ownership, profits and liabilities; Professional corporations , Each metric measures Am Law 200 firms’ relative performance—a firm’s score in a given category is based on its ranking among all 200 firms..