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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.
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
Morgan, Lewis & Bockius: Washington, D.C. 1992 1051 788 $2,001 11 Sidley Austin: New York City: 1893 1048 648 $2,036 12 Mayer Brown: Chicago: 1748 900 657 $1,313 13 K&L Gates: Seattle: 1698 855 757 $969 14 Skadden Arps Slate Meagher & Flom: New York City: 1644 1078 320 $2,582 15 Lewis Brisbois Bisgaard & Smith: Los Angeles: 1613 678 895 $470 16 ...
Morgan Lewis was founded in Philadelphia on March 10, 1873, by Civil War veteran Charles Eldridge Morgan, Jr., who later served as Philadelphia Law Academy's vice president, [5] [6] and Francis Draper Lewis, son of a wholesale dry goods merchant, whose first cousin was William Draper Lewis, [7] the dean of University of Pennsylvania Law School.
Bingham McCutchen LLP was a global law firm with approximately 850 attorneys in nine US offices and five international offices. [3] It ceased operations in late 2015, when several hundred of its partners and associate lawyers left the firm to join Philadelphia-based Morgan Lewis.
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Fielding began his career as a summer associate at Morgan, Lewis & Bockius in 1963. [ 5 ] Fielding was a senior partner at Wiley Rein LLP (formerly Wiley Rein & Fielding), a Washington, D.C. law firm, and in 2009, Fielding joined Morgan, Lewis & Bockius LLP as a partner in the firm's Washington office. [ 6 ]
Lockstep compensation or seniority-based compensation is a system of remuneration in which employees' salaries are based purely on their seniority within the organization. For example, in the legal profession, where this system is most commonly found, all law school graduates hired by a law firm who graduated in the same year receive the same base pay regardless of background, experience, or ...
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