Top BigLaw Firms for Private Equity
Diligence and document work on sponsor acquisitions and exits, plus portfolio company matters and fund-side support. The client is often the same fund, deal after deal. Chambers USA 2026 ranks 23 firms in our directory nationwide for private equity, 7 of them in Band 1. Pick a city for the local tables.
- Ranked nationwide
- 23
- Cities with 3+ ranked firms
- 10
Private Equity by city
- Private Equity in New York16 ranked firms
- Private Equity in Boston13 ranked firms
- Private Equity in Los Angeles12 ranked firms
- Private Equity in Silicon Valley12 ranked firms
- Private Equity in San Francisco11 ranked firms
- Private Equity in Houston8 ranked firms
- Private Equity in Dallas7 ranked firms
- Private Equity in Austin4 ranked firms
- Private Equity in Orange County4 ranked firms
- Private Equity in San Diego4 ranked firms
Ranked nationwide, Chambers USA 2026
- 1.Ropes & Gray LLPFirst-year base $225,000+Band 1 · Private Equity: Buyouts: Mid-Market; Band 1 · Private Equity: Secondaries
- 2.Kirkland & Ellis LLPFirst-year base $225,000+Band 1 · Private Equity: Buyouts: High-end Capability; Band 1 · Private Equity: Secondaries
- 3.Simpson Thacher & Bartlett LLPFirst-year base $225,000+Band 1 · Private Equity: Buyouts: High-end Capability; Band 2 · Private Equity: Secondaries
- 4.Willkie Farr & Gallagher LLPFirst-year base $225,000+Band 1 · Private Equity: Buyouts: Mid-Market; Band 3 · Private Equity: Buyouts: High-end Capability
- 5.Sidley Austin LLPFirst-year base $225,000+Band 1 · Private Equity: Buyouts: Mid-Market
- 6.Goodwin Procter LLPFirst-year base $255,000+Band 1 · Private Equity: Buyouts: Mid-Market
- 7.Proskauer Rose LLPFirst-year base $225,000+Band 1 · Private Equity: Secondaries
- 8.Debevoise & Plimpton LLPFirst-year base $225,000+Band 2 · Private Equity: Buyouts: High-end Capability; Band 2 · Private Equity: Secondaries
- 9.Latham & Watkins LLPFirst-year base $225,000+Band 2 · Private Equity: Buyouts: High-end Capability; Band 3 · Private Equity: Secondaries
- 10.Davis Polk & Wardwell LLPFirst-year base $225,000+Band 2 · Private Equity: Secondaries; Band 3 · Private Equity: Buyouts: High-end Capability
- 11.Gibson, Dunn & Crutcher LLPFirst-year base $225,000+Band 2 · Private Equity: Buyouts: Mid-Market
- 12.Weil, Gotshal & Manges LLPFirst-year base $225,000+Band 2 · Private Equity: Buyouts: High-end Capability
- 13.White & Case LLPFirst-year base $225,000+Band 2 · Private Equity: Buyouts: Mid-Market
- 14.Fried, Frank, Harris, Shriver & Jacobson LLPFirst-year base $225,000+Band 2 · Private Equity: Buyouts: Mid-Market
- 15.Dechert LLPFirst-year base $225,000Band 2 · Private Equity: Buyouts: Mid-Market
- 16.DLA Piper LLP (US)First-year base $225,000+Band 3 · Private Equity: Buyouts: Mid-Market; Band 3 · Private Equity: Secondaries
- 17.Cleary Gottlieb Steen & Hamilton LLPFirst-year base $225,000+Band 3 · Private Equity: Buyouts: High-end Capability
- 18.Paul Hastings LLPFirst-year base $225,000+Band 3 · Private Equity: Buyouts: Mid-Market
- 19.Jones DayFirst-year base $240,000Band 3 · Private Equity: Buyouts: Mid-Market
- 20.Morgan, Lewis & Bockius LLPFirst-year base $225,000+Band 3 · Private Equity: Secondaries
- 21.Akin Gump Strauss Hauer & Feld LLPFirst-year base $225,000+Band 3 · Private Equity: Secondaries
- 22.McDermott Will & Schulte LLPFirst-year base $255,000+Band 3 · Private Equity: Buyouts: Mid-Market
- 23.Vinson & Elkins LLPFirst-year base $225,000+Band 3 · Private Equity: Buyouts: High-end Capability
Is private equity a fit?
Who tends to thrive
- Commercially minded people who like speed and repeat relationships
- Those who enjoy finance and want to understand how buyouts create returns
- People who stay calm when timelines compress
What a 1L can do this year
- Learn the basics of an LBO (there are free primers and short courses online)
- Take Corporations and, later, Mergers and Acquisitions
- Follow a few sponsors' deal announcements to see the kind of companies they buy
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