A liquid crystal display device capable of reducing and/or preventing occurrence(s) of retardation remaining in an ECB mode liquid crystal panel may include first and second substrates, first and second orientation films respectively arranged to oppose each other on facing sides of the first and second substrates, and a liquid crystal layer between first and second substrates. The liquid crystal display device may include a first polarizing member formed on a side of the first substrate other than the side on which the first orientation film is formed, a second polarizing member formed on a side of the second substrate other than the side on which the second orientation film is formed, a compensation film formed between the electrically controlled birefringence mode liquid crystal panel and the first polarizing member, or between the electrically controlled birefringence mode liquid crystal panel and the second polarizing member.