Value Per Lawyer ranks firms by how efficiently they generate profits. For the fifth year in a row, Wachtell, Lipton, Rosen & Katz tops our list, with a value per lawyer of $1.5 million. It takes less than seven lawyers there to make $10 million for the firm; at last-ranked Edwards Angell, it takes approximately 60 lawyers to generate that sum.

A firm’s Value Per Lawyer is its Compensation-All Partners divided by its head count. The result indicates the average value of each lawyer. The last column on the chart calculates how many lawyers are needed to generate $10 million in revenue for a firm.