Baker & McKenzie, the world's largest law firm, is set to announce today that it grossed $1.83 billion in its 2007 fiscal year -- a 20 percent increase in revenue. The firm will also report that, for the first time, its profits per partner were over the $1 million mark, up 22 percent from the year before. Chairman John Conroy attributed the results to a strategic plan the 3,600-lawyer firm adopted three years ago.
Baker & McKenzie's Profits per Partner Top $1 Million Mark
New York Law Journal
August 16, 2007