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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 data is based off the law firms official financial report for the 2023/24 financial year running from 1st of April 2023 to the 31st of March 2024. The list contains the 17 law firms which generated over half a billion US dollars in this period. 16 of which are London-based and 1 headquarter in Manchester.
US UK 4: Allen Overy Shearman Sterling (LLP) $3,696,421,000: 4000: ... List of largest law firms by profits per partner; List of largest United States-based law firms;
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
In 2015 its partners earned the highest profit per equity partner (PEP) of any UK law firm. [13] [14]In 2015, the firm represented 33 clients on the FTSE 100 and 44 clients on the FTSE 250, more than any other firm at the time, [14] including governments, entrepreneurs, funds to leading banks, retailers, entertainment companies, industrial conglomerates and professional sports clubs.
In 2019, the firm became the first non-US law firm to raise the salaries of newly qualified junior lawyers in the United Kingdom to £100,000, [25] [26] then £125,000 in 2022 [27] and £150,000 in 2024. [28] In September 2020, Freshfields announced Georgia Dawson as its new senior partner after time leading the firm's Asia operations.
Tier 1 law firms provide the best pay package, of about INR 15,00,000 annually. [49] There is wide difference in the salary range depends on the city, law firm, and university of the candidate. The salary is higher in cities like Mumbai and Delhi NCR as opposed to other cities like Kolkata, Pune, Ahmedabad, etc. [50]
It was formed in 2014 by the merger of multinational law firm Squire Sanders with Washington, D.C.–based Patton Boggs. It is one of the largest law firms in the world by total headcount and gross revenue, twelfth largest firm in the UK by revenue, and one of the top 12 by number of countries occupied. [3]