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The Am Law rankings reveal the largest firms in the US legal market. Higher revenue, though, does not necessarily equate to superior overall financial performance. Indeed, firms with lower revenue often have enhanced performance metrics. Consider DLA Piper, which ranks 4th on revenue, but 78th on revenue per lawyer and 85th by profit margin. On the other hand, Quinn Emmanuel ranks 1st on profit margin and 3rd on revenue per lawyer, but places only 21st on revenue. Firms with similar revenues may have very different financial profiles, as with Skadden Arps and Baker McKenzie; or Jenner & Block and Fox Rothschild.

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