Profits per partner among Global 100 firms averaged slightly over $1.5 million in 2011. Wachtell, Lipton, Rosen & Katz is at the top of this chart with a PPP of almost $4.5 million. Quinn Emanuel Urquhart & Sullivan was the only other firm over $4 million. Seventy-four firms topped $1 million. American firms represent nine of the top 10, and 19 of the top 20 firms. Slaughter and May is the highest-ranking non-American firm, coming in at number seven.
This chart ranks the most profitable firms on our Most Revenue and Most Lawyers charts, which combined have a total of 117 firms featured. To be eligible for this chart, a firm had to appear on one of those two charts. Figures for U.S. firms were obtained from the 2012 Am Law 100. Figures for European firms come from Legal Week, our partner on this project. Australian and Canadian firms were surveyed directly. 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 (EEIGs) differ structurally from other Global 100 firms, especially in regard to profit sharing.
1 Merged with Freehills to form Herbert Smith Freehills in October 2012. Results are for Herbert Smith premerger.
2 Merged with Herbert Smith to form Herbert Smith Freehills in October 2012. Results are for Freehills premerger.
3 Mallesons Stephen Jaques joined with King & Wood to form the King & Wood Mallesons verein in March 2012. Results are for legacy operation only.
4 Blake Dawson (now Ashurst Australia) and Ashurst merged their Asian operations in March 2012 ahead of a proposed global merger in 2014.
5 Ashurst and Blake Dawson (now Ashurst Australia) merged their Asian operations in March 2012 ahead of a proposed global merger in 2014.
6 Squire, Sanders & Dempsey joined with Hammonds to form the Squire Sanders verein in January 2011.
7 Sonnenschein Nath & Rosenthal joined with Denton Wilde Sapte in September 2010 to form the SNR Denton verein.
8 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.