Gross revenue for The Global 100 grew by its highest rate since 2007, with a 7 percent increase in 2011. Seventy-six of the world’s top-grossing firms are American and 14 are British, though seven of them are structured as vereins or as European Economic Interest Groups (EEIGs). Rounding out this year’s list are six Australian firms; and one firm each from Canada, France, Spain, and the Netherlands. Footnotes for law firms appear only on first mention in the chart package.
Revenues for American firms are derived from the 2012 Am Law 100. European firm revenues are from Legal Week. Australian and Canadian firms were surveyed directly. Currency conversion rates to U.S. dollars are annual averages for 2011. Lawyer numbers are average full-time-equivalent numbers for 2011. Revenue figures are rounded to the nearest $500,000. Click here for more on the methodology used to create this and other charts in the Global 100 package.
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* Vereins and European Economic Interest Groups (EEIG) differ structurally from other Global 100 firms, especially in regard to profit sharing.
1 Joined with Ogilvy Renault and Deneys Reitz in June 2011 and with MacLeod Dixon in January 2012. Norton Rose was designated as U.K. for home country (the firm was founded in and managed from the United Kingdom) even though the biggest concentration of lawyers is in Canada.
2 Merged with Freehills to form Herbert Smith Freehills in October 2012. Results are for Herbert Smith premerger.
3 Squire, Sanders & Dempsey joined with Hammonds to form the Squire Sanders verein in January 2011.
4 Sonnenschein Nath & Rosenthal joined with Denton Wilde Sapte in September 2010 to form the SNR Denton verein.
5 Merged with Herbert Smith to form Herbert Smith Freehills in October 2012. Results are for Freehills premerger.
6 Mallesons Stephen Jaques joined with King & Wood to form the King & Wood Mallesons verein in March 2012. Results are for legacy operation only.
7 Ashurst and Blake Dawson (now Ashurst Australia) merged their Asian operations in March 2012 ahead of a proposed global merger in 2014.
8 Minter Ellison is no longer including the financials of their associated offices. The firm's gross revenue ranking last year included associated offices.
9 Blake Dawson (now Ashurst Australia) and Ashurst merged their Asian operations in March 2012 ahead of a proposed global merger in 2014.