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This is a list of global law firms ranked by profits per equity partner (PPEP) in 2021. [1] 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.
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.
Revenue per lawyer (US$) Profit per partner (US$) [2] Country with the most lawyers; 1: Kirkland & Ellis: $6,042,000,000 ... List of largest law firms by profits per ...
Firm name Largest U.S. Office [2] Total number of lawyers (2022) [2] Number of associates (2022) [2] Number of partners (2018) [2] Total revenue (millions, in 2018) [3] Notes 1 Baker McKenzie: Chicago: 4795 2865 1518 $2,900 2 DLA Piper: New York City: 4028 2492 1317 $2,634 3 Norton Rose Fulbright: New York City: 3084 1928 1087 $1,958 4 Latham ...
As of October 2022, the chairman of the firm is Frank Lopez. [7] 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]
While many peer law firms have grown and become international brands, Wachtell has only a single, Manhattan office. It is one of the smallest firms in the AmLaw 100, but has the highest per partner profits of any law firm and pays significantly above the "Cravath scale" market rate for associates. [3]
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]
[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]