After a year in which growth appeared to be slowing among the world’s largest firms, the Global 100 bounced back in a big way. Total revenue rose 6.4 percent—and crossed the $100 billion mark in the process. And after dipping slightly in the year prior, profits per equity partner climbed 3.4 percent. As former Clifford Chance managing partner Tony Williams says in our analysis of the numbers, “Last year was the first in a long time that most firms had all practice areas faring well.”
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But the news goes beyond just the numbers. The list itself is changing, taking on an increasingly international aspect. This year, two firms with three-quarters of their lawyers in China made the list for the first time, and more of the same can be expected going forward. Our China 45 report (expanded from the usual 40 and publishing online later this week) reveals even more about what’s happening in that growing market.
