National Law Journal again ranks McAfee & Taft among nation’s 250 largest law firms
Oklahoma’s largest law firm is also among the nation’s biggest, according to the just released annual survey by The National Law Journal. McAfee & Taft is listed at No. 222 in this year’s NLJ 350, the recently expanded annual survey of the nation’s largest law firms.
In addition to lawyer count, a firm must have more lawyers based in the United States than in any other single country to be included on the list. All of McAfee & Taft’s lawyers are based in Oklahoma.
McAfee & Taft broke its way into the NLJ 250 last year after more than a decade of steady growth, with the greatest increases coming in the past five years following the opening of its Tulsa office in 2008. Since then, the firm has grown from 131 lawyers to the 178 lawyers counted in this year’s NLJ 350 survey.
The National Law Journal‘s survey showed that the NLJ 350 collectively employed 141,056 lawyers across 3,500 offices around the world, growing by 1.1 percent during 2012, which was weaker than the 1.7 percent growth in 2011. In fact, 40 percent of the ranked firms actually shrank in size, according to the report.
“This is the second year that we evaluated so many firms — for years, it was the NLJ 250 — and the difference in size between the firms at the top and bottom is striking,” said National Law Journal editor Leigh Jones. “We think expanding our analysis provides useful insight into an industry in which midsize law firms, with their lower rates and highly skilled attorneys, are absorbing practices that pay good money — just not enough to carry large-firm overhead.”
McAfee & Taft serves clients locally, nationally and internationally in the areas of aviation, business law, corporate and securities, employee benefits, entertainment law, environmental law, healthcare, intellectual property, labor and employment, litigation, oil and gas, real estate and tax and family wealth. The firm employs nearly 350 Oklahomans and has offices in both Oklahoma City and Tulsa.