Legal services consist of a wide range of legal solutions for businesses. The requirement for legal services varies from company to company – some require legal assistance occasionally while others may require it on a regular basis. Generally, large companies hire a corporate law firm that has expertise in a variety of legal fields including contract law, tax law, mergers and acquisitions, and bankruptcy. Some businesses also employ in-house attorneys and only require outside legal services in special or unusual circumstances. Legal services are utilized by attorneys for a number of purposes including billing, research, and case management. In addition to these, some of the other common legal services include arbitration, mediation, and notary public services. (Source: Global Legal Services Procurement Intelligence Report) Some of the top legal services companies in the world are:
Latham & Watkins
Latham & Watkins is a legal services company that was founded in the year 1934. They employ more than 2,600 lawyers in 30 offices located in 14 countries. Interestingly, Latham attorneys speak more than 60 languages. The company is committed to helping clients achieve their business strategies and providing outstanding legal services around the world. In 2007, Latham & Watkins became the first American law firm to earn more than $2 billion in yearly revenue.