An IPO issuer's estimated legal expenses had a median of $1M across 213 US IPOs priced 2023–2026, from $495K on offerings under $10M to $4.04M on offerings of $250M+.
The issuer’s estimate of its own legal expenses, from the itemized offering-expense table in the last registration statement (S-1 or F-1) filed before pricing. This is the issuer’s total for all its counsel, not one firm’s fee, and it does not include the underwriters’ counsel, whose fees the underwriters pay.
Where the issuer's lead counsel is an Am Law Global 200 firm, estimated legal expenses had a median of $3M (100 IPOs, median offering $268M); with other counsel, $510K (113 IPOs, median offering $8.2M). Large firms mostly work on larger offerings, so compare within the same offering size.
Median estimated legal expenses by the tier of the issuer’s lead counsel and by offering size. Tiers come from the public lists in the advisor directory. Cells with fewer than eight IPOs are not given a median.
Merger proxies name each side's counsel but rarely say what counsel is paid. 38 proxies filed 2023–2026 itemize the company's estimated deal expenses, and in those the legal line had a median of $3.75M: $4M across 15 deals that state legal fees on their own, and $3.5M across 23 that combine legal, accounting and other professional fees. That was a median 1.08% of deal value.
The legal line of the estimated fees-and-expenses table in 38 merger proxies filed 2023–2026, kept only where the table’s items add up to its total. It is the company’s estimate of its own legal costs for the deal, usually covering all its counsel, and excludes the buyer’s. Where the proxy combines legal, accounting and other professional fees, the combined figure is shown and marked.
In 25 Chapter 11 cases filed 2023–2026, the highest partner hourly rate in debtor counsel's retention application had a median of $2,245; the lowest partner rate had a median of $1,195.
Partner rate ranges stated in debtor counsel’s application to be retained, as filed with the bankruptcy court. Rates are what the firm proposed to charge; the court may approve different terms, and fees actually paid depend on hours worked.
Figures quoted from published billing-rate surveys and legal-spend studies, with the year of each. Survey methods differ, and these are not filing data.
The law firms appearing most often across 1,247 counsel appearances in these records are Latham & Watkins LLP (98), Davis Polk & Wardwell LLP (61), Kirkland & Ellis LLP (48). M&A filings name each side's counsel but do not state what counsel was paid.
Every law firm with five or more appearances as counsel in these records, by role. A firm is counted once for each engagement it is named on.
Latham & Watkins #
Latham & Watkins LLP appears 98 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 27 as IPO issuer counsel, 34 as underwriters' counsel, 36 on M&A deals, 1 in a Chapter 11 case. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $3.12M across 17 offerings (median offering $275M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.3B (23 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: AvidXchange Holdings, Inc. $24.5M (legal, accounting and other)The company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Chapter 11 partner rates stated: up to $2,650/hour (1 case)
- Industries: Healthcare & life sciences (31), Industrials & business services (18), Technology & telecom (12)
The 6 most recent of 98 appearances; all of them are in the downloadable file.
DPDavis Polk & Wardwell #
Davis Polk & Wardwell LLP appears 61 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 11 as IPO issuer counsel, 23 as underwriters' counsel, 27 on M&A deals. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $5.11M across 5 offerings (median offering $94.3M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $613M (15 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Doma Holdings, Inc. $5.4M; Eargo, Inc. $2.85MThe company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Industries: Technology & telecom (19), Industrials & business services (18), Financial services (9)
The 6 most recent of 61 appearances; all of them are in the downloadable file.
Kirkland & Ellis #
Kirkland & Ellis LLP appears 48 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 10 as IPO issuer counsel, 1 as underwriters' counsel, 30 on M&A deals, 7 in Chapter 11 cases. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $5M across 7 offerings (median offering $320M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.19B (20 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Clearwater Analytics Holdings, Inc. $17M (legal, accounting and other)The company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Chapter 11 partner rates stated: up to $2,675/hour (7 cases)
- Industries: Industrials & business services (13), Energy, mining & utilities (7), Consumer & retail (6)
The 6 most recent of 48 appearances; all of them are in the downloadable file.
Skadden, Arps, Slate, Meagher & Flom #
Skadden, Arps, Slate, Meagher & Flom LLP appears 41 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 4 as IPO issuer counsel, 9 as underwriters' counsel, 27 on M&A deals, 1 in a Chapter 11 case. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $2.5M across 3 offerings (median offering $128M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.7B (19 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Janus Henderson Group PLC $83.7M (legal, accounting and other) (shared with 1 other firm); Myovant Sciences Ltd. $8.95MThe company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Chapter 11 partner rates stated: up to $2,850/hour (1 case)
- Industries: Technology & telecom (10), Healthcare & life sciences (8), Financial services (7)
The 6 most recent of 41 appearances; all of them are in the downloadable file.
Cooley #
Cooley LLP appears 35 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 16 as IPO issuer counsel, 4 as underwriters' counsel, 15 on M&A deals. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $3.1M across 15 offerings (median offering $191M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.14B (12 deals with a stated value)
- Industries: Healthcare & life sciences (23), Technology & telecom (5), Industrials & business services (3)
The 6 most recent of 35 appearances; all of them are in the downloadable file.
| Company or case | Role | Size | Amount disclosed | Source |
|---|
| BlossomHill Therapeutics, Inc. | IPO issuer counsel | $150M | $2.81Missuer legal expenses | ProspectusAug 2026 |
| Latigo Biotherapeutics, Inc. | IPO issuer counsel | $346M | $3.2Missuer legal expenses | ProspectusAug 2026 |
| Alamar Biosciences, Inc. | IPO issuer counsel | $191M | $3.33Missuer legal expenses | ProspectusApr 2026 |
| Ethos Technologies Inc. | IPO issuer counsel | $200M | $3.65Missuer legal expenses | ProspectusJan 2026 |
| Confluent, Inc. | M&A, target | $9.53B | — | ProxyJan 2026 |
| Tourmaline Bio, Inc. | M&A, target | $1.23B | — | ProxySep 2025 |
OROrtoli Rosenstadt #
Ortoli Rosenstadt LLP appears 30 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 27 as IPO issuer counsel, 3 as underwriters' counsel. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $490K across 5 offerings (median offering $6M).
- Tier: Not on a tier list
- Industries: Industrials & business services (14), Consumer & retail (8), Financial services (3)
The 6 most recent of 30 appearances; all of them are in the downloadable file.
Gibson, Dunn & Crutcher #
Gibson, Dunn & Crutcher LLP appears 28 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 3 as IPO issuer counsel, 2 as underwriters' counsel, 23 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $388M (16 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Green Plains Partners LP $1.4M (legal, accounting and other)The company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Industries: Healthcare & life sciences (11), Energy, mining & utilities (6), Industrials & business services (5)
The 6 most recent of 28 appearances; all of them are in the downloadable file.
Goodwin Procter #
Goodwin Procter LLP appears 27 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 12 as IPO issuer counsel, 1 as underwriters' counsel, 14 on M&A deals. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $2.35M across 10 offerings (median offering $278M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $550M (7 deals with a stated value)
- Industries: Healthcare & life sciences (23), Financial services (2), Industrials & business services (1)
The 6 most recent of 27 appearances; all of them are in the downloadable file.
Wachtell, Lipton, Rosen & Katz #
Wachtell, Lipton, Rosen & Katz appears 25 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 25 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $3.59B (15 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Janus Henderson Group PLC $83.7M (legal, accounting and other) (shared with 1 other firm); Franchise Group, Inc. $6.5M (legal, accounting and other)The company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Industries: Financial services (9), Technology & telecom (4), Real estate (4)
The 6 most recent of 25 appearances; all of them are in the downloadable file.
SRSichenzia Ross Ference Carmel #
Sichenzia Ross Ference Carmel LLP appears 24 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 12 as IPO issuer counsel, 12 as underwriters' counsel. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $150K across 4 offerings (median offering $4.7M).
- Tier: Not on a tier list
- Industries: Industrials & business services (11), Technology & telecom (4), Healthcare & life sciences (3)
The 6 most recent of 24 appearances; all of them are in the downloadable file.
Paul, Weiss, Rifkind, Wharton & Garrison #
Paul, Weiss, Rifkind, Wharton & Garrison LLP appears 21 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 19 on M&A deals, 1 in a Chapter 11 case.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.22B (11 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: HireRight Holdings Corp $3.38MThe company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Chapter 11 partner rates stated: up to $2,595/hour (1 case)
- Industries: Healthcare & life sciences (4), Energy, mining & utilities (4), Technology & telecom (4)
The 6 most recent of 21 appearances; all of them are in the downloadable file.
Loeb & Loeb #
Loeb & Loeb LLP appears 20 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 10 as IPO issuer counsel, 4 as underwriters' counsel, 6 on M&A deals. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $532K across 4 offerings (median offering $9.6M).
- Tier: Not on a tier list
- Median M&A deal value advised: $115M (3 deals with a stated value)
- Industries: Industrials & business services (11), Consumer & retail (3), Technology & telecom (2)
The 6 most recent of 20 appearances; all of them are in the downloadable file.
Sidley Austin #
Sidley Austin LLP appears 19 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 7 as IPO issuer counsel, 1 as underwriters' counsel, 10 on M&A deals, 1 in a Chapter 11 case. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $5.01M across 6 offerings (median offering $445M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.75B (8 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Nordstrom Inc. $9.3MThe company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Industries: Healthcare & life sciences (5), Financial services (4), Industrials & business services (3)
The 6 most recent of 19 appearances; all of them are in the downloadable file.
Simpson Thacher & Bartlett #
Simpson Thacher & Bartlett LLP appears 19 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 10 as IPO issuer counsel, 3 as underwriters' counsel, 6 on M&A deals. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $2.5M across 3 offerings (median offering $400M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.2B (6 deals with a stated value)
- Industries: Technology & telecom (6), Industrials & business services (3), Healthcare & life sciences (3)
The 6 most recent of 19 appearances; all of them are in the downloadable file.
HTHunter Taubman Fischer & Li #
Hunter Taubman Fischer & Li LLC appears 17 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 9 as IPO issuer counsel, 7 as underwriters' counsel, 1 on an M&A deal. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $537K across 3 offerings (median offering $8.2M).
- Tier: Not on a tier list
- Industries: Industrials & business services (7), Technology & telecom (3), Healthcare & life sciences (3)
The 6 most recent of 17 appearances; all of them are in the downloadable file.
Cravath, Swaine & Moore #
Cravath, Swaine & Moore LLP appears 14 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as IPO issuer counsel, 12 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $3.5B (8 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Consolidated Communications Holdings, Inc. $14.4M (legal, accounting and other)The company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Industries: Industrials & business services (8), Financial services (2), Healthcare & life sciences (2)
The 6 most recent of 14 appearances; all of them are in the downloadable file.
DPDLA Piper LLP (US) #
DLA Piper LLP (US) appears 13 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 3 as IPO issuer counsel, 3 as underwriters' counsel, 7 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $354M (4 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Whole Earth Brands, Inc. $3.5M (legal, accounting and other)The company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Industries: Industrials & business services (4), Technology & telecom (4), Financial services (2)
The 6 most recent of 13 appearances; all of them are in the downloadable file.
EGEllenoff Grossman & Schole #
Ellenoff Grossman & Schole LLP appears 13 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 as IPO issuer counsel, 5 as underwriters' counsel, 3 on M&A deals. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $416K across 4 offerings (median offering $9.93M).
- Tier: Not on a tier list
- Industries: Industrials & business services (6), Financial services (3), Consumer & retail (2)
The 6 most recent of 13 appearances; all of them are in the downloadable file.
HWHarney Westwood & Riegels Singapore #
Harney Westwood & Riegels Singapore LLP appears 13 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 13 as IPO issuer counsel. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $513K across 6 offerings (median offering $12.5M).
- Tier: Not on a tier list
- Industries: Technology & telecom (6), Industrials & business services (5), Financial services (1)
The 6 most recent of 13 appearances; all of them are in the downloadable file.
Sullivan & Cromwell #
Sullivan & Cromwell LLP appears 13 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 12 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $6.34B (6 deals with a stated value)
- Industries: Financial services (7), Healthcare & life sciences (4), Industrials & business services (1)
The 6 most recent of 13 appearances; all of them are in the downloadable file.
WSWilson Sonsini Goodrich & Rosati #
Wilson Sonsini Goodrich & Rosati, P.C. appears 12 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 11 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.3B (6 deals with a stated value)
- Industries: Healthcare & life sciences (7), Industrials & business services (2), Technology & telecom (1)
The 6 most recent of 12 appearances; all of them are in the downloadable file.
| Company or case | Role | Size | Amount disclosed | Source |
|---|
| Udemy, Inc. | M&A, target | — | — | ProxyMar 2026 |
| Arcellx, Inc. | M&A, target | $5.73B | — | ProxyMar 2026 |
| Bakkt, Inc. | M&A, target | — | — | ProxyFeb 2026 |
| Aadi Bioscience, Inc. | M&A, target | $100M | — | ProxyJan 2025 |
| Recursion Pharmaceuticals, Inc. | M&A, target | — | — | ProxyOct 2024 |
| Silk Road Medical, Inc. | M&A, target | $1.12B | — | ProxyJul 2024 |
BBevilacqua #
Bevilacqua PLLC appears 11 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 10 as IPO issuer counsel, 1 as underwriters' counsel. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $358K across 8 offerings (median offering $6.75M).
- Tier: Not on a tier list
- Industries: Technology & telecom (4), Consumer & retail (3), Industrials & business services (2)
The 6 most recent of 11 appearances; all of them are in the downloadable file.
| Company or case | Role | Size | Amount disclosed | Source |
|---|
| Ticketplus Ltd. | IPO issuer counsel | $15M | $450Kissuer legal expenses | ProspectusAug 2026 |
| Concorde International Group Ltd. | IPO issuer counsel | $5M | $350Kissuer legal expenses | ProspectusApr 2025 |
| WF Holding Ltd | IPO issuer counsel | $8M | $349Kissuer legal expenses | ProspectusMar 2025 |
| LZ Technology Holdings Ltd | IPO issuer counsel | — | — | ProspectusFeb 2025 |
| Hong Kong Pharma Digital Technology Holdings Ltd | IPO issuer counsel | $25.4M | $248Kissuer legal expenses | ProspectusJan 2025 |
| Signing Day Sports, Inc. | IPO issuer counsel | $6M | $275Kissuer legal expenses | ProspectusNov 2023 |
JDJones Day #
Jones Day appears 11 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 11 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $310M (5 deals with a stated value)
- Industries: Industrials & business services (3), Financial services (2), Consumer & retail (2)
The 6 most recent of 11 appearances; all of them are in the downloadable file.
RGRopes & Gray #
Ropes & Gray LLP appears 11 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 3 as underwriters' counsel, 7 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $695M (6 deals with a stated value)
- Industries: Healthcare & life sciences (7), Consumer & retail (2), Industrials & business services (1)
The 6 most recent of 11 appearances; all of them are in the downloadable file.
| Company or case | Role | Size | Amount disclosed | Source |
|---|
| KalVista Pharmaceuticals, Inc. | M&A, acquirer | $1.08B | — | ProxyMay 2026 |
| Bob's Discount Furniture, Inc. | IPO issuer counsel | $331M | $4.5Missuer legal expenses | ProspectusFeb 2026 |
| Ventyx Biosciences, Inc. | M&A, acquirer | $1B | — | ProxyFeb 2026 |
| Miami International Holdings, Inc. | IPO underwriters' counsel | $345M | — | ProspectusAug 2025 |
| iTeos Therapeutics, Inc. | M&A, target | $385M | — | ProxyAug 2025 |
| Duckhorn Portfolio, Inc. | M&A, target | $1.63B | — | ProxyDec 2024 |
VEVinson & Elkins #
Vinson & Elkins L.L.P. appears 11 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 3 as IPO issuer counsel, 2 as underwriters' counsel, 6 on M&A deals. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $3.65M across 3 offerings (median offering $320M).
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $622M (4 deals with a stated value)
- Industries: Energy, mining & utilities (7), Financial services (3), Real estate (1)
The 6 most recent of 11 appearances; all of them are in the downloadable file.
Greenberg Traurig #
Greenberg Traurig, LLP appears 10 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 3 as IPO issuer counsel, 2 as underwriters' counsel, 5 on M&A deals.
- Tier: Am Law Global 200 (US)
- Industries: Technology & telecom (5), Real estate (3), Consumer & retail (1)
The 6 most recent of 10 appearances; all of them are in the downloadable file.
HLHogan Lovells US #
Hogan Lovells US LLP appears 10 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 9 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.23B (5 deals with a stated value)
- Industries: Real estate (4), Healthcare & life sciences (3), Financial services (2)
The 6 most recent of 10 appearances; all of them are in the downloadable file.
Sheppard, Mullin, Richter & Hampton #
Sheppard, Mullin, Richter & Hampton LLP appears 10 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 4 as IPO issuer counsel, 6 as underwriters' counsel. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $750K across 3 offerings (median offering $7M).
- Tier: Am Law Global 200 (US)
- Industries: Healthcare & life sciences (3), Industrials & business services (3), Technology & telecom (2)
The 6 most recent of 10 appearances; all of them are in the downloadable file.
Weil, Gotshal & Manges #
Weil, Gotshal & Manges LLP appears 10 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as underwriters' counsel, 8 on M&A deals, 1 in a Chapter 11 case.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $2.98B (4 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Liberty TripAdvisor Holdings, Inc. $2.78M (legal, accounting and other)The company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Chapter 11 partner rates stated: up to $2,350/hour (1 case)
- Industries: Consumer & retail (3), Industrials & business services (2), Healthcare & life sciences (1)
The 6 most recent of 10 appearances; all of them are in the downloadable file.
WSWinston & Strawn #
Winston & Strawn LLP appears 10 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 3 as IPO issuer counsel, 2 as underwriters' counsel, 5 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $646M (3 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Fathom Digital Manufacturing Corp $1.78M (shared with 1 other firm)The company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Industries: Consumer & retail (4), Technology & telecom (2), Industrials & business services (2)
The 6 most recent of 10 appearances; all of them are in the downloadable file.
RCRobinson & Cole #
Robinson & Cole LLP appears 9 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 7 as IPO issuer counsel, 2 as underwriters' counsel. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $722K across 4 offerings (median offering $8.5M).
- Tier: Not on a tier list
- Industries: Industrials & business services (4), Technology & telecom (4), Consumer & retail (1)
The 6 most recent of 9 appearances; all of them are in the downloadable file.
White & Case #
White & Case LLP appears 9 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 1 as underwriters' counsel, 6 on M&A deals, 1 in a Chapter 11 case.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $13.3B (3 deals with a stated value)
- Chapter 11 partner rates stated: up to $2,100/hour (1 case)
- Industries: Energy, mining & utilities (3), Technology & telecom (2), Financial services (2)
The 6 most recent of 9 appearances; all of them are in the downloadable file.
WFWillkie Farr & Gallagher #
Willkie Farr & Gallagher LLP appears 9 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 3 as IPO issuer counsel, 4 on M&A deals, 2 in Chapter 11 cases.
- Tier: Am Law Global 200 (US)
- Chapter 11 partner rates stated: up to $2,500/hour (2 cases)
- Industries: Industrials & business services (4), Energy, mining & utilities (1), Financial services (1)
The 6 most recent of 9 appearances; all of them are in the downloadable file.
CGCleary Gottlieb Steen & Hamilton #
Cleary Gottlieb Steen & Hamilton LLP appears 8 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as IPO issuer counsel, 4 as underwriters' counsel, 1 on an M&A deal, 1 in a Chapter 11 case.
- Tier: Am Law Global 200 (US)
- Chapter 11 partner rates stated: up to $2,135/hour (1 case)
- Industries: Technology & telecom (2), Healthcare & life sciences (2), Industrials & business services (2)
The 6 most recent of 8 appearances; all of them are in the downloadable file.
DUDentons US #
Dentons US LLP appears 8 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 3 as IPO issuer counsel, 3 as underwriters' counsel, 2 in Chapter 11 cases.
- Tier: Am Law Global 200 (US)
- Chapter 11 partner rates stated: up to $2,295/hour (2 cases)
- Industries: Energy, mining & utilities (2), Industrials & business services (2), Consumer & retail (1)
The 6 most recent of 8 appearances; all of them are in the downloadable file.
LBLucosky Brookman #
Lucosky Brookman LLP appears 8 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 7 as IPO issuer counsel, 1 as underwriters' counsel. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $250K across 3 offerings (median offering $24M).
- Tier: Not on a tier list
- Industries: Healthcare & life sciences (2), Industrials & business services (2), Technology & telecom (2)
The 6 most recent of 8 appearances; all of them are in the downloadable file.
MFMorrison & Foerster #
Morrison & Foerster LLP appears 8 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as IPO issuer counsel, 6 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $796M (4 deals with a stated value)
- Company legal costs on M&A deals where it was company counsel: Emeren Group Ltd $963KThe company’s estimate of all its legal costs for the deal, not this firm’s fee alone.
- Industries: Energy, mining & utilities (2), Industrials & business services (2), Real estate (2)
The 6 most recent of 8 appearances; all of them are in the downloadable file.
OMO’Melveny & Myers #
O’Melveny & Myers LLP appears 8 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 3 as IPO issuer counsel, 2 as underwriters' counsel, 3 on M&A deals.
- Tier: Am Law Global 200 (US)
- Industries: Healthcare & life sciences (4), Technology & telecom (2), Financial services (1)
The 6 most recent of 8 appearances; all of them are in the downloadable file.
PHPaul Hastings #
Paul Hastings LLP appears 8 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 as underwriters' counsel, 3 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.35B (3 deals with a stated value)
- Industries: Healthcare & life sciences (3), Consumer & retail (2), Real estate (1)
The 6 most recent of 8 appearances; all of them are in the downloadable file.
PCPryor Cashman #
Pryor Cashman LLP appears 8 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 5 as underwriters' counsel, 2 on M&A deals.
- Tier: Not on a tier list
- Industries: Technology & telecom (4), Industrials & business services (1), Consumer & retail (1)
The 6 most recent of 8 appearances; all of them are in the downloadable file.
VLVCL Law #
VCL Law LLP appears 8 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 7 as underwriters' counsel.
- Tier: Not on a tier list
- Industries: Industrials & business services (6), Other (1), Technology & telecom (1)
The 6 most recent of 8 appearances; all of them are in the downloadable file.
BMBaker & McKenzie #
Baker & McKenzie LLP appears 7 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as underwriters' counsel, 6 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $973M (4 deals with a stated value)
- Industries: Healthcare & life sciences (3), Technology & telecom (2), Industrials & business services (1)
The 6 most recent of 7 appearances; all of them are in the downloadable file.
CBCovington & Burling #
Covington & Burling LLP appears 7 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as IPO issuer counsel, 5 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $6.69B (3 deals with a stated value)
- Industries: Healthcare & life sciences (4), Industrials & business services (3)
The 6 most recent of 7 appearances; all of them are in the downloadable file.
HKHan Kun Law Offices #
Han Kun Law Offices appears 7 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 as IPO issuer counsel, 1 as underwriters' counsel, 1 on an M&A deal. On the IPOs where it was the issuer's counsel, the issuer's estimated legal expenses had a median of $1.19M across 3 offerings (median offering $30M).
- Tier: Not on a tier list
- Industries: Consumer & retail (3), Industrials & business services (2), Financial services (2)
The 6 most recent of 7 appearances; all of them are in the downloadable file.
CLThe Crone Law Group #
The Crone Law Group, P.C. appears 7 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 4 as IPO issuer counsel, 3 as underwriters' counsel.
- Tier: Not on a tier list
- Industries: Industrials & business services (3), Other (2), Financial services (1)
The 6 most recent of 7 appearances; all of them are in the downloadable file.
BBBass, Berry & Sims, PLC #
Bass, Berry & Sims, PLC appears 6 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 6 on M&A deals.
- Tier: LSEG M&A league tables
- Median M&A deal value advised: $503M (4 deals with a stated value)
- Industries: Financial services (2), Real estate (2), Healthcare & life sciences (1)
Every appearance:
CDConyers Dill & Pearman #
Conyers Dill & Pearman appears 6 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 as IPO issuer counsel, 1 as underwriters' counsel.
- Tier: Not on a tier list
- Industries: Industrials & business services (2), Technology & telecom (1), Consumer & retail (1)
Every appearance:
KSKing & Spalding #
King & Spalding LLP appears 6 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 5 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $582M (4 deals with a stated value)
- Industries: Industrials & business services (2), Technology & telecom (2), Energy, mining & utilities (1)
Every appearance:
MMilbank #
Milbank LLP appears 6 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as underwriters' counsel, 4 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $4.46B (3 deals with a stated value)
- Industries: Technology & telecom (2), Industrials & business services (2), Healthcare & life sciences (1)
Every appearance:
SWSullivan & Worcester #
Sullivan & Worcester LLP appears 6 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as IPO issuer counsel, 3 as underwriters' counsel, 1 on an M&A deal.
- Tier: Not on a tier list
- Industries: Technology & telecom (3), Healthcare & life sciences (2), Industrials & business services (1)
Every appearance:
CCClifford Chance US #
Clifford Chance US LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as underwriters' counsel, 4 on M&A deals.
- Tier: LSEG M&A league tables
- Industries: Real estate (2), Energy, mining & utilities (1), Healthcare & life sciences (1)
Every appearance:
| Company or case | Role | Size | Amount disclosed | Source |
|---|
| National Storage Affiliates Trust | M&A, target | — | — | ProxyJun 2026 |
| Apollo Commercial Real Estate Finance, Inc. | M&A, target | $1.68B | — | ProxyMar 2026 |
| TechTarget, Inc. | M&A, acquirer | $2.14B | — | ProxyOct 2024 |
| Recursion Pharmaceuticals, Inc. | M&A, target | — | — | ProxyOct 2024 |
| Tamboran Resources Corp | IPO underwriters' counsel | $75M | — | ProspectusJun 2024 |
DPDebevoise & Plimpton #
Debevoise & Plimpton LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 4 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $4B (3 deals with a stated value)
- Industries: Financial services (3), Technology & telecom (1), Energy, mining & utilities (1)
Every appearance:
| Company or case | Role | Size | Amount disclosed | Source |
|---|
| Janus Henderson Group plc | M&A, other party | $7.55B | — | ProxyMar 2026 |
| Brighthouse Financial, Inc. | M&A, target | $4B | — | ProxyJan 2026 |
| SilverBow Resources, Inc. | M&A, acquirer | $391M | — | ProxyJun 2024 |
| Joint Stock Co Kaspi.kz | IPO issuer counsel | $1.04B | $2.38Missuer legal expenses | ProspectusJan 2024 |
| BGC Partners, Inc. | M&A, special committee | — | — | ProxyMay 2023 |
DLDeHeng Law Offices #
DeHeng Law Offices appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 2 as underwriters' counsel, 2 on M&A deals.
- Tier: Not on a tier list
- Industries: Financial services (2), Technology & telecom (1), Consumer & retail (1)
Every appearance:
FWFenwick & West #
Fenwick & West LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $120M (3 deals with a stated value)
- Industries: Healthcare & life sciences (4), Real estate (1)
Every appearance:
FBFreshfields Bruckhaus Deringer US #
Freshfields Bruckhaus Deringer US LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 on M&A deals.
- Tier: LSEG M&A league tables
- Median M&A deal value advised: $1.78B (3 deals with a stated value)
- Industries: Healthcare & life sciences (3), Industrials & business services (1), Financial services (1)
Every appearance:
FFFried, Frank, Harris, Shriver & Jacobson #
Fried, Frank, Harris, Shriver & Jacobson LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as IPO issuer counsel, 3 on M&A deals.
- Tier: Am Law Global 200 (US)
- Industries: Real estate (2), Industrials & business services (2), Financial services (1)
Every appearance:
MWMcDermott Will & Emery #
McDermott Will & Emery LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as IPO issuer counsel, 2 on M&A deals, 1 in a Chapter 11 case.
- Tier: LSEG M&A league tables
- Chapter 11 partner rates stated: up to $2,330/hour (1 case)
- Industries: Healthcare & life sciences (2), Energy, mining & utilities (1), Financial services (1)
Every appearance:
| Company or case | Role | Size | Amount disclosed | Source |
|---|
| Psyence Group Inc. | M&A, acquirer | — | — | ProxyNov 2023 |
| Prime Core Technologies Inc. (Prime Trust) | Chapter 11 debtor counsel | — | $2,330top partner rate | Court filingAug 2023 |
| Intensity Therapeutics, Inc. | IPO issuer counsel | $19.5M | $1.04Missuer legal expenses | ProspectusJun 2023 |
| Enzo Biochem, Inc. | M&A, target | $146M | — | ProxyApr 2023 |
| Trio Petroleum Corp. | IPO issuer counsel | $6M | $1.02Missuer legal expenses | ProspectusApr 2023 |
MLMorgan, Lewis & Bockius #
Morgan, Lewis & Bockius LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $99.3M (3 deals with a stated value)
- Industries: Technology & telecom (1), Healthcare & life sciences (1), Industrials & business services (1)
Every appearance:
NNNautaDutilh N.V. #
NautaDutilh N.V. appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 4 on M&A deals.
- Tier: Not on a tier list
- Industries: Healthcare & life sciences (3), Technology & telecom (1), Energy, mining & utilities (1)
Every appearance:
Nelson Mullins Riley & Scarborough #
Nelson Mullins Riley & Scarborough LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 4 as IPO issuer counsel, 1 as underwriters' counsel.
- Tier: Am Law Global 200 (US)
- Industries: Healthcare & life sciences (2), Industrials & business services (2), Real estate (1)
Every appearance:
OOgier #
Ogier appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 as IPO issuer counsel.
- Tier: Not on a tier list
- Industries: Consumer & retail (4), Financial services (1)
Every appearance:
OFOlshan Frome Wolosky #
Olshan Frome Wolosky LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 2 as IPO issuer counsel, 1 as underwriters' counsel, 2 on M&A deals.
- Tier: Not on a tier list
- Industries: Industrials & business services (3), Healthcare & life sciences (1), Technology & telecom (1)
Every appearance:
PWPillsbury Winthrop Shaw Pittman #
Pillsbury Winthrop Shaw Pittman LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 1 as IPO issuer counsel, 3 on M&A deals, 1 in a Chapter 11 case.
- Tier: Am Law Global 200 (US)
- Industries: Technology & telecom (1), Industrials & business services (1), Healthcare & life sciences (1)
Every appearance:
RTRajah & Tann Singapore #
Rajah & Tann Singapore LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 4 as IPO issuer counsel, 1 as underwriters' counsel.
- Tier: Not on a tier list
- Industries: Industrials & business services (3), Technology & telecom (1), Consumer & retail (1)
Every appearance:
VVenable #
Venable LLP appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 on M&A deals.
- Tier: Am Law Global 200 (US)
- Median M&A deal value advised: $1.18B (4 deals with a stated value)
- Industries: Real estate (4), Industrials & business services (1)
Every appearance:
| Company or case | Role | Size | Amount disclosed | Source |
|---|
| Modiv Industrial, Inc. | M&A, target | — | — | ProxyJun 2026 |
| Sila Realty Trust, Inc. | M&A, target | $1.57B | — | ProxyMay 2026 |
| Whitestone REIT | M&A, target | $781M | — | ProxyMay 2026 |
| Apollo Commercial Real Estate Finance, Inc. | M&A, special committee | $1.68B | — | ProxyMar 2026 |
| Crawford United Corporation | M&A, acquirer | $300M | — | ProxyJan 2026 |
HTHunter Taubman Fischer & Li #
We are being represented by Hunter Taubman Fischer & Li LLC appears 5 times in the IPO, M&A and Chapter 11 records filed 2023–2026: 5 as IPO issuer counsel.
- Tier: Not on a tier list
- Industries: Technology & telecom (3), Industrials & business services (2)
Every appearance:
A firm’s figures describe the specific engagements in these filings. IPO legal expenses are the issuer’s estimate of all its legal costs and are not the named firm’s fee or rate card; Chapter 11 rates are what the firm proposed in a retention application. No firm has reviewed or endorsed these figures, and naming a firm does not imply any affiliation with it. Confirm fees directly with counsel before relying on them.