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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]
Partner compensation varies considerably. A 2012 survey by Major, Lindsey & Africa found that law firm partners' average annual compensation [where?] was $681,000 ($896,000 for equity partners, $335,000 for non-equity partners) and tended to go up based on number of years in the partnership: [2] 5 or fewer years: $399,001; 6–10 years: $633,001
Philadelphia law firm partners reported average compensation of $702,000, the fourth-lowest average among 14 major cities in a new survey.
Morrison & Foerster said it modified its partnership compensation structure at the start of 2018, following a year of consultation with its partners.
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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
In November 2023, amid a wave of antisemitic incidents at elite U.S. law schools, Cravath, Swaine & Moore was among a group of major law firms who sent a letter to top law school deans warning them that an escalation in incidents targeting Jewish students would have corporate hiring consequences. The letter said "We look to you to ensure your ...