A liquid crystal display of the invention comprises an in-plane switching
liquid crystal panel containing a liquid crystal layer whose alignment
orientation changes according to an electric field in parallel with a
surface of a substrate; a first polarizing plate and a second polarizing
plate disposed sandwiching the liquid crystal panel therebetween; a first
optical film inserted between the first polarizing plate and the liquid
crystal panel; and a second optical film inserted between the second
polarizing plate and the liquid crystal panel, wherein the first optical
film includes: a retardation film A1 having a relation of
nz>nx.gtoreq.ny; and a retardation film B having an in-plane
retardation (Re) in the range of from 200 to 300 nm, a relation of
nx>nz>ny and satisfying Nz coefficient in the range of
0.3nx.gtoreq.ny; and the slow axis of the retardation
film B is in parallel with or perpendicular to the absorption axes of the
first and second polarizing plates. The liquid crystal display has a high
contrast ratio over a wide range.