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These are estimates and equity partners can make vastly different salaries inside the same firm. [2] ... Simpson Thacher & Bartlett: 203 $5,980,000 7 Cravath, Swaine ...
In 2016, law firm Cravath, Swaine & Moore beat the "Simpson salary scale" for the first time in nearly a decade with a 12.5% increase in associate base salary, a move that was promptly matched by Simpson Thacher and other large law firms. As of March 2, 2022, the base salary for first-year Simpson Thacher associates begins at $215,000. [32]
This is a list of American law firms by profits per equity partner (PPEP, sometimes reported as profits per partner or PPP). The list details the profit per equity partner figures of the 100 largest law firms by gross revenue; there is the potential for firms with higher PPEP to not be on this list if they were not on the Global 100 by revenue.
Rank Firm Revenue (US$) Lawyers Revenue per lawyer (US$) Profit per partner (US$) [2] Country with the most lawyers; 1: Kirkland & Ellis: $6,042,000,000 3,025
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Simpson Thacher & Bartlett: New York City: 1163 750 228 29 Perkins Coie: Seattle: 1124 507 515 30 Troutman Pepper: Atlanta: 1121 479 479 31 Faegre Drinker Biddle & Reath Minneapolis: 1093 392 552 32 Cleary Gottlieb Steen & Hamilton: New York City: 1051 654 165 $1,214 33 Davis Polk & Wardwell: New York City: 1025 735 161 $1,240 34 Foley ...