The world’s 200 highest-grossing law firms had a record year in 2018, growing their collective revenue by nearly 8%. But in The American Lawyer’s second spin at collecting data on the Global Second Hundred—those firms ranked 101 through 200—the large gap between the two tiers only continued to expand.
Of the Global 200’s total revenue, $31.9 billion came from the Second Hundred, exceeding last year’s tally by 6.5%. At the same time, the 100 top-grossing firms in the world grew their earnings 8.1% to $114.2 billion. Consequently, in 2018, the Global 100 earned more than three-and-a-half times as much as their counterparts in the Second Hundred.
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