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The past year saw substantial revenue growth in the world’s biggest law firms. The Global 100, a survey of the 100 largest law firms in the world by The American Lawyer, a sister publication of the NLJ, said the firms’ total revenue was $43.7 billion, a 9% increase over the previous year. Baker & McKenzie, the largest U.S. law firm, is the newest member of the $1 billion revenue club. Eighty-one U.S. firms dominate the rankings by revenue, followed by firms from the United Kingdom (15), Australia (3) and Canada (1). The full Global 100 charts are at www.americanlawyer.com. Below are the top firms ranked by revenue.

Rank

Firm, Location

Gross Revenue, 2002-03

Number of Lawyers

Average Revenue Per Lawyer

1

Clifford Chance

$1,467,000,000

2,922

$406,146

2

Skadden, Arps, Slate, Meagher & Flom (New York)

$1,310,000,000

1,727

$805,000

3

Freshfields Bruckhaus Deringer (London)

$1,200,000,000

2,644

$466,926

4

Linklaters (London)

$1,080,000,000

2,250

$451,883

5

Baker & McKenzie

$1,060,000,000

3,241

$335,000

6

Allen & Overy (London)

$970,500,000

2,025

$412,979

7

Jones Day

$908,000,000

1,722

$535,000

8

Latham & Watkins

$906,000,000

1,548

$650,000

9

Sidley Austin Brown & Wood (Chicago)

$831,000,000

1,444

$605,000

10

Mayer, Brown, Rowe & Maw (Chicago)

$705,000,000

1,354

$595,000

11

Shearman & Sterling (New York)

$700,000,000

1,089

$720,000

12

Weil, Gotshal & Manges (New York)

$688,000,000

977

$745,000

13

White & Case (Chicago)

$675,000,000

1,522

$460,000

14

McDermott, Will & Emery (Chicago)

$628,000,000

1,025

$700,000

15

Sullivan & Cromwell (New York)

$624,000,000

697

$970,000

16

Kirkland & Ellis (Chicago)

$611,000,000

826

$800,000

17

Akin, Gump, Strauss, Hauer & Feld

$575,000,000

948

$665,000

18

Davis Polk & Wardwell (New York)

$570,000,000

650

$960,000

19

Gibson, Dunn & Crutcher (Los Angeles)

$569,000,000

772

$790,000

20

O’Melveny & Myers

$565,000,000

836

$715,000

Sources: Revenue figures for American firms are from The Am Law 100, in the July issue ofThe American Lawyer . Figures for British firms are from the Legal Business 100, in the September issue ofLegal Business . Revenue figures for Australian firms are from BRW.com.au, Sept. 25, 2003. Figures for Canadian firms were obtained through reporting byThe American Lawyer . Currency conversion rates are averages for fiscal year 2002-03. Lawyer numbers are average full-time-equivalent numbers for the firm’s most recent fiscal year.

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