An optically compensated birefringence mode liquid crystal display device includes first and second substrates facing and spaced apart from each other, a liquid crystal material layer between the first and second substrates, the liquid crystal material layer having a splay state when a voltage is not applied and having a bend state when a transition voltage is applied, a first compensation film on an outer surface of the first substrate, a first polarizing plate on the first compensation film, a second compensation film on an outer surface of the second substrate, and a second polarizing plate on the second compensation film, wherein the liquid crystal material layer in the splay state has a first retardation value (R1) satisfying according to: 1.35