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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. [2]
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]
The firm is one of the highest-paying companies in the U.S. [17] (with a base salary of $225,000 for first year associates and $435,000 for eighth year associates; equity partners saw a profit per partner of more than $3.0 million in 2020).
Law firm size. Median starting lawyer salaries in 2023. 100 or fewer lawyers. $155,000. 101 to 250 lawyers. $160,000. 251 to 500 lawyers. $190,000. 501 to 700 lawyers
Rank Firm Revenue (US$) Lawyers Revenue per lawyer (US$) Profit per partner (US$) [2] Country with the most lawyers; 1: Kirkland & Ellis: $6,042,000,000 3,025
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]
Washington boasts one of the country's top legal markets, with dozens of firms that take advantage of the revolving door between government and corporate law. Senior lawyers leaving the Biden ...
According to Above the Law, first-year associates at the firm are paid a base salary of $215,000 with bonuses available yearly. [12] Summer associates are paid the same salary, although it is prorated over 10 weeks (amounting to $3,700 per week). [3] Vault ranked O'Melveny as the 4th most selective law firm in the world in 2019. [11]