 |
THE AM LAW 100
| Rank 2002 |
Rank 2001 |
Firm |
City |
Gross |
Number of Lawyers |
| 1 |
1 |
Skadden, Arps, Slate, Meagher & Flom |
New York |
$1,310,000,000 |
1,632 |
| 2 |
2 |
Baker & McKenzie |
International |
$1,060,000,000 |
3,156 |
| 3 |
3 |
Jones Day |
National |
$908,000,000 |
1,698 |
| 4 |
4 |
Latham & Watkins |
National |
$906,000,000 |
1,393 |
| 5 |
5 |
Sidley Austin Brown & Wood |
National |
$831,000,000 |
1,377 |
| 6 |
- |
Mayer, Brown, Rowe & Maw † |
National |
$705,000,000 |
1,181 |
| 7 |
6 |
Shearman & Sterling |
New York |
$700,000,000 |
969 |
| 8 |
8 |
Weil, Gotshal & Manges |
New York |
$688,000,000 |
925 |
| 9 |
7 |
White & Case |
International |
$675,000,000 |
1,463 |
| 10 |
13 |
McDermott, Will & Emery |
National |
$628,000,000 |
897 |
| 11 |
12 |
Sullivan & Cromwell |
New York |
$624,000,000 |
643 |
| 12 |
16 |
Kirkland & Ellis |
Chicago |
$611,000,000 |
765 |
| 13 |
14 |
Akin Gump Strauss Hauer & Feld |
National |
$575,000,000 |
864 |
| 14 |
11 |
Davis Polk & Wardwell |
New York |
$570,000,000 |
595 |
| 15 |
15 |
Gibson, Dunn & Crutcher |
Los Angeles |
$569,000,000 |
721 |
| 16 |
19 |
O'Melveny & Myers |
Los Angeles |
$565,000,000 |
792 |
| 17 |
9 |
Morgan, Lewis & Bockius |
National |
$557,500,000 |
1,055 |
| 18 |
17 |
Simpson Thacher & Bartlett |
New York |
$543,500,000 |
626 |
| 19 |
18 |
Cleary, Gottlieb, Steen & Hamilton |
New York |
$531,000,000 |
695 |
| 20 |
21 |
Holland & Knight |
National |
$514,500,000 |
1,162 |
| 21 |
19 |
Morrison & Foerster |
San Francisco |
$505,000,000 |
870 |
| 22 |
24 |
Foley & Lardner |
Milwaukee |
$489,500,000 |
891 |
| 23 |
22 |
Paul, Hastings, Janofsky & Walker |
National |
$488,000,000 |
744 |
| 24 |
31 |
Hogan & Hartson |
Washington, D.C. |
$480,000,000 |
865 |
| 25 |
28 |
Greenberg Traurig |
National |
$465,000,000 |
816 |
| 26 |
22 |
Vinson & Elkins |
Houston |
$456,500,000 |
795 |
| 27 |
34 |
Piper Rudnick |
National |
$455,000,000 |
839 |
| 28 |
29 |
Winston & Strawn |
Chicago |
$442,000,000 |
784 |
| 29 |
- |
Bingham McCutchen † |
National |
$433,500,000 |
720 |
| 30 |
26 |
Pillsbury Winthrop |
San Francisco |
$416,000,000 |
639 |
| 31 |
35 |
Arnold & Porter |
Washington, D.C. |
$415,000,000 |
631 |
| 32 |
36 |
Fulbright & Jaworski |
Houston |
$412,500,000 |
750 |
| 33 |
32 |
Paul, Weiss, Rifkind, Wharton & Garrison |
New York |
$409,500,000 |
448 |
| 34 |
30 |
Hunton & Williams |
Richmond |
$406,000,000 |
798 |
| 35 |
37 |
Orrick, Herrington & Sutcliffe |
San Francisco |
$400,000,000 |
571 |
| 36 |
40 |
King & Spalding |
Atlanta |
$387,000,000 |
639 |
| 36 |
27 |
Wilson Sonsini Goodrich & Rosati |
Palo Alto |
$387,000,000 |
670 |
| 38 |
38 |
Milbank, Tweed, Hadley & McCloy |
New York |
$381,000,000 |
462 |
| 39 |
41 |
Dechert |
National |
$372,500,000 |
708 |
| 40 |
44 |
Baker Botts |
Houston |
$365,000,000 |
612 |
| 41 |
43 |
Squire, Sanders & Dempsey |
National |
$364,500,000 |
745 |
| 42 |
46 |
Heller Ehrman White & McAuliffe |
San Francisco |
$354,000,000 |
535 |
| 43 |
25 |
Brobeck, Phleger & Harrison 1 |
San Francisco |
$352,500,000 |
493 |
| 44 |
47 |
Dewey Ballantine |
New York |
$350,000,000 |
524 |
| 45 |
42 |
LeBoeuf, Lamb, Greene & MacRae |
National |
$346,000,000 |
690 |
| 46 |
49 |
Debevoise & Plimpton |
New York |
$344,000,000 |
484 |
| 47 |
45 |
Proskauer Rose |
New York |
$343,500,000 |
549 |
| 48 |
64 |
Bryan Cave |
National |
$337,000,000 |
784 |
| 49 |
33 |
Cravath, Swaine & Moore |
New York |
$329,500,000 |
431 |
| 50 |
51 |
Fried, Frank, Harris, Shriver & Jacobson |
New York |
$328,000,000 |
529 |
| 51 |
47 |
Wachtell, Lipton, Rosen & Katz |
New York |
$320,000,000 |
169 |
| 51 |
53 |
Willkie Farr & Gallagher |
New York |
$320,000,000 |
461 |
| 53 |
56 |
Alston & Bird |
Atlanta |
$314,500,000 |
615 |
| 54 |
- |
Katten Muchin Zavis Rosenman |
National |
$314,000,000 |
543 |
| 54 |
58 |
Reed Smith |
National |
$314,000,000 |
692 |
| 56 |
59 |
Cadwalader, Wickersham & Taft |
New York |
$313,000,000 |
454 |
| 57 |
57 |
Kaye Scholer |
New York |
$311,000,000 |
435 |
| 58 |
54 |
Howrey Simon Arnold & White |
Washington, D.C. |
$310,000,000 |
540 |
| 59 |
55 |
Dorsey & Whitney |
Minneapolis |
$307,000,000 |
675 |
| 60 |
52 |
Hale and Dorr |
Boston |
$306,500,000 |
453 |
| 61 |
39 |
Cooley Godward |
Palo Alto |
$301,000,000 |
548 |
| 62 |
70 |
Wilmer, Cutler & Pickering |
Washington, D.C. |
$296,500,000 |
450 |
| 63 |
50 |
Jenkens & Gilchrist |
Dallas |
$296,000,000 |
520 |
| 64 |
60 |
Covington & Burling |
Washington, D.C. |
$291,500,000 |
500 |
| 65 |
68 |
Sonnenschein Nath & Rosenthal |
Chicago |
$287,500,000 |
533 |
| 66 |
62 |
Kirkpatrick & Lockhart |
National |
$282,000,000 |
611 |
| 67 |
61 |
Ropes & Gray |
Boston |
$278,000,000 |
423 |
| 68 |
63 |
Shook, Hardy & Bacon |
Kansas City, Missouri |
$273,500,000 |
602 |
| 69 |
66 |
Goodwin Procter |
Boston |
$270,000,000 |
476 |
| 70 |
67 |
Nixon Peabody |
National |
$259,500,000 |
530 |
| 71 |
75 |
Coudert Brothers |
International |
$251,500,000 |
586 |
| 72 |
69 |
Perkins Coie |
Seattle |
$244,000,000 |
527 |
| 73 |
74 |
McGuireWoods |
Richmond |
$241,000,000 |
565 |
| 74 |
72 |
Seyfarth Shaw |
National |
$238,000,000 |
492 |
| 75 |
78 |
Baker & Hostetler |
Cleveland |
$229,500,000 |
540 |
| 76 |
109 |
Dickstein Shapiro Morin & Oshinsky |
Washington, D.C. |
$223,000,000 |
298 |
| 77 |
71 |
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo |
Boston |
$220,000,000 |
408 |
| 78 |
79 |
Kilpatrick Stockton |
Atlanta |
$214,000,000 |
460 |
| 79 |
83 |
Chadbourne & Parke |
New York |
$211,000,000 |
309 |
| 80 |
80 |
Jenner & Block |
Chicago |
$209,500,000 |
337 |
| 81 |
77 |
Thelen Reid & Priest |
San Francisco |
$209,000,000 |
397 |
| 82 |
73 |
Gray Cary Ware & Freidenrich |
Palo Alto |
$205,000,000 |
400 |
| 83 |
86 |
Duane Morris |
National |
$201,000,000 |
415 |
| 84 |
89 |
Finnegan, Henderson, Farabow, Garrett & Dunner |
Washington, D.C. |
$200,000,000 |
285 |
| 85 |
113 |
Drinker Biddle & Reath |
Philadelphia |
$199,000,000 |
425 |
| 86 |
92 |
Schulte Roth & Zabel |
New York |
$194,000,000 |
303 |
| 87 |
82 |
Shaw Pittman |
Washington, D.C. |
$192,500,000 |
381 |
| 87 |
88 |
Troutman Sanders |
Atlanta |
$192,500,000 |
481 |
| 89 |
86 |
Stroock & Stroock & Lavan |
New York |
$191,000,000 |
300 |
| 89 |
94 |
Venable |
Baltimore |
$191,000,000 |
379 |
| 91 |
84 |
Locke Liddell & Sapp |
Dallas |
$188,000,000 |
351 |
| 92 |
85 |
Blank Rome |
Philadelphia |
$187,000,000 |
379 |
| 93 |
90 |
Womble Carlyle Sandridge & Rice |
Winston-Salem |
$183,000,000 |
438 |
| 94 |
95 |
Haynes and Boone |
Dallas |
$180,000,000 |
390 |
| 95 |
93 |
Cahill Gordon & Reindel |
New York |
$179,500,000 |
241 |
| 96 |
99 |
Steptoe & Johnson |
Washington, D.C. |
$177,500,000 |
326 |
| 97 |
102 |
Patton Boggs |
Washington, D.C. |
$177,000,000 |
361 |
| 98 |
98 |
Andrews & Kurth |
Houston |
$176,000,000 |
339 |
| 99 |
101 |
Kelley Drye & Warren |
New York |
$175,000,000 |
311 |
| 100 |
97 |
Cozen O'Connor |
Philadelphia |
$172,000,000 |
429 |
| Law firm search links provided by Martindale-Hubbell. |
Definitions: Figures for gross revenue and net operating income are rounded to the nearest $500,000. Figures for revenue per lawyer, profits per equity partner, and partner compensation are rounded to the nearest $5,000. Firms that tied in the rankings are listed alphabetically. In most instances, our results are based on the accounting method used by the firm; if a firm offered us both cash- and accrual-method figures, we chose the former. Revenue figures include paralegal billings but not revenue from ancillary businesses, equity investments, or charges for disbursements. Revenue per lawyer is gross revenue divided by the number of lawyers; profits per equity partner is net operating income -- minus aggregate compensation for all nonequity partners, if any -- divided by the number of equity partners.
Average partner compensation is the net operating income plus the aggregate salary of all nonequity partners divided by the number of equity and nonequity partners. Profitability index is the ratio of profits per partner to revenue per lawyer. Firm size: For firms whose fiscal year ended between September 1, 2002, and February 28, 2003, the numbers of lawyers and partners are stated as of August 31, 2002. For firms whose fiscal year ended between March 1 and August 31, 2002, numbers are stated as of the end of the fiscal year. We asked for "full-time equivalent" lawyer numbers, which were rounded to the nearest whole number. Only full equity partners are counted as partners.
* Firms marked with an asterisk have more than one partnership tier.
† Firm merged in 2002, so there is no information for comparison.
1 Brobeck, Phleger & Harrison closed February 2003.
|
| (The American Lawyer, July 2003) |
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