Canada’s Top 10 Law Firms Brands in 2022
Blake, Cassels & Graydon remained the Canadian legal market leader for the seventh consecutive year. The top four spots on this year’s Canadian Law Firm Brand Index stayed the same as last year.
McCarthy Tétrault clinched the second spot for the sixth consecutive year. Osler Hoskin came in third, followed by Norton Rose Fulbright in the fourth spot. Torys jumped a spot from last year to claim the fifth position.
The other half of the index saw some reshuffling since last year. Completing the top 10 were Stikeman Elliott, Fasken, Borden Ladner Gervais, and Bennett Jones, with Dentons and Gowling WLG tied for 10th.
“For the law firms most-favored by Canadian clients, previous law firm differentiators such as strong personal relationships, responsiveness, and specialized legal knowledge declined as defining characteristics,” said Jen Dezso, director, Research and Client Relations, Thomson Reuters. “Canadian clients are placing greater emphasis on the value of practical business advice and the broader strength of lawyers – both were more frequently mentioned in this year’s survey.”
Compiled annually by Thomson Reuters, the Canadian Law Firm Brand Index reflects which firms are upper-most in clients’ minds. It’s based on data compiled from a Sharplegal market research study of the global legal market across 55 countries with more than 2,000 senior in-house counsel, as well as 235 interviews that were conducted with senior legal buyers across key jurisdictions in the region. It also takes into account the views of an additional 88 non-Canada-based senior legal buyers who were asked which firms they used for their Canadian-based legal needs.
Check out the Canadian Law Firm Brand Index and download the complete Regional Law Firm Brand Indexes 2022 report. The index for Asia Pacific will be featured next on Legal Current, which also has provided insights from regional indexes for the U.S., UK and Mainland Europe.