The 40-year-old Irish actor may star in the Dan Gilroy film where Washington plays a hard-nosed liberal lawyer who's been fighting the good fight while credit is snatched away by others at the firm, reported Variety.
Farrell would portray another attorney at the firm.
He was most recently seen in "Fantastic Beasts and Where to Find Them", a spin-off from the "Harry Potter" franchise.
Farrell also finished filming Clint Eastwood's movie "The Beguiled", also starring Nicole Kidman, Kirsten Dunst, and Elle Fanning.
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