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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.
In law firms, partners are primarily those senior lawyers who are responsible for generating the firm's revenue. The standards for equity partnership vary from firm to firm. Many law firms have a "two-tiered" partnership structure, in which some partners are designated as "salaried partners" or "non-equity" partners, and are allowed to use the ...
This is a list of the world's largest law firms based on the AmLaw Global 200 Rankings. [ 1 ] Firms marked with "(verein)" are structured as a Swiss association .
[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]
The latest incarnation of the firm was a result of merger between Troutman Sanders and Pepper Hamilton in 2020. [1] The firm had about $1.08 billion in gross revenue in 2023. [1] Locke Lord originated in 1914, when John Lord started its predecessor in Chicago.It has also gone through several merger's and acquisitions.
Simpson Thacher & Bartlett is consistently 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. The firm is also recognized in various other surveys, including Vault.com's 2010 review of the 20 Best Law Firms to Work For.
The American Lawyer ranked Willkie Farr 47th in gross revenue, with $772 million in 2017, and in the 2018 Global 200 survey it was ranked the 57th-highest-grossing law firm in the world. [34] It had 145 equity partners, and its profits per equity partner were $2.97 million, 17th-highest in the nation.