Big Four (law firms) explained

or is a term informally used in Japan to refer to those firms which, collectively, are perceived to be the largest firms headquartered in Japan and distinguished in comparison to their other competitors. The Big Four firms are:[1] [2]

Nowadays, the term "Big Five" is sometimes used to include the fifth-largest firm in Japan by number of lawyers, TMI Associates.[3]

On the other hand, overseas commentators have used "Big Five" to include Atsumi & Sakai[4] .A 2023 overall ranking of Japanese law firms by Top Ranked Legal also rated Atsumi & Sakai fifth following Mori Hamada & Matsumoto, Anderson Mori & Tomotsune, Nishimura & Asahi, and Nagashima Ohno & Tsunematsu.[5]

These are the leading law firms practicing corporate law and are considered to be the top tier of the legal industry in Japan.[6]

"International firm"

In Japanese, the term is used to refer to the Big Four firms and other Japanese law firms that specialize in international business matters. During the years immediately following World War II, several American lawyers established such firms in Japan (e.g. Anderson Mori). Japanese lawyers with international training began establishing international firms in the 1960s, and since regulatory changes in the 1990s, many Japanese lawyers have joined or partnered with Tokyo offices of major multinational law firms.[7]

Other Japanese firms historically grouped in the "international firm" category include:

See also

Notes and References

  1. News: Brennan. Tom. Foreign Firms Stumble Going Local in Japan. 16 July 2013. The Asian Lawyer. 15 July 2013.
  2. News: 弁護士業界の最強集団"ブル弁"の生態とは?. 9 September 2015. Toyo Keizai. 24 July 2013.
  3. News: Brennan. Tom. TMI Wants to Make Japan's Big Four a Big Five. 22 September 2014. The Asian Lawyer. 22 September 2014.
  4. https://www.aplawjapan.com/archives/pdf/The_Lawyer_AsiaPacific_2013.pdf
  5. Web site: Top Ranked Legal>Top Ranked Law Firms: Japan . 2023-08-18.
  6. Web site: 2015年5大事務所のパートナートラック. Jurinavi. 9 September 2015.
  7. Web site: Home . joestephenslaw.com.