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Firms marked with "(verein)" are structured as a Swiss association. These are estimates and equity partners can make vastly different salaries inside the same firm. [2] For more up-to-date information on the US firms in this list, please refer to Largest US Law Firms Ranked by Profits Per Equity Partner.
This is a list of American law firms by profits per equity partner (PPEP, sometimes reported as profits per partner or PPP). The list details the profit per equity partner figures of the 100 largest law firms by gross revenue; there is the potential for firms with higher PPEP to not be on this list if they were not on the Global 100 by revenue. [1]
Rank Firm Revenue (US$) Lawyers Revenue per lawyer (US$) Profit per partner (US$) [2] Country with the most lawyers; 1: Kirkland & Ellis: $6,042,000,000 3,025
List of largest law firms by revenue; List of largest United States-based law firms by profits per partner; List of largest United Kingdom-based law firms by revenue; List of largest Canada-based law firms by revenue; List of largest Europe-based law firms by revenue; List of largest Japan-based law firms by head count
[13] [14] The firm earned just under $5 billion in revenue in 2020. [5] The increase came from heightened demand, induced by the COVID-19 pandemic. [15] As of 2022, Kirkland & Ellis claimed 490 equity partners and 763 non-equity partners. The firm saw over $6 billion in annual gross revenues, which was the most of any law firm that year. [16]
Over the last two decades, the firm more than tripled its profits per partner to become one of the largest and strongest law firms in the world. [7] Over this period, the firm has had the largest profit per partner growth in the highest-grossing half of the Am Law 100. [8] Revenue Per Lawyer (2024): $1.72 million [9]
The American Lawyer ranked Willkie Farr 47th in gross revenue, with $772 million in 2017, and in the 2018 Global 200 survey it was ranked the 57th-highest-grossing law firm in the world. [34] It had 145 equity partners, and its profits per equity partner were $2.97 million, 17th-highest in the nation.
It is among the most profitable large law firms in the world on a per-partner basis according to the American Lawyer’s annual AmLaw 100 Survey. [39] Simpson Thacher had a gross revenue of approximately $2.15 billion in 2022 [40] with an estimated profits per partner of $5,319,000. [39]