How a Global 100 Firm Became a Profit Powerhouse

Organizationally speaking, Slaughter and May is a dinosaur, with lockstep compensation and consolidated foreign offices. But had the Tyrannosaurus rex thrived like Slaughter, it might have lasted a few more million years. According to the Am Law Global 100 survey, Slaughter is one of the 10 most profitable firms in the world, topping its U.K. competitors and trailing only the highest-earning Wall Street players. Two reasons for its success: a focus on high-end mergers and a network of independent firms.

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