A liquid crystal display device having first and second substrates with a liquid crystal layer therebetween, a plurality of gate signal lines and a plurality of drain signal lines, a plurality of counter voltage signal lines, a plurality of pixel regions defined by neighboring gate signal lines and drain signal lines, a counter electrode and a pixel electrode enabling formation of an electric field, and an orientation film being formed on the first substrate. The pixel electrode has a plurality of slits overlaps the counter electrode with an insulating layer therebetween. A pair of edges of the counter electrode and pixel electrode extend in parallel to the gate signal line and another pair of edges of the counter electrode and the pixel electrode extend in parallel to the drain line.