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.