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2021 AmLaw 100 Logo Credit: Jon Valk

Wachtell, Lipton, Rosen & Katz remains at the top of the list with $7.5 million in profits per equity partner. Davis Polk & Wardwell shot up to second on the list, after ranking sixth last year, on the back of a 40.7% spike. Only Crowell & Moring, at 46.6%, posted a larger increase in profits in 2020.

For the Am Law 100 as a whole, average PEP was up by 13% in 2020, nearly tripling the 5% increase last year. Fifty-six firms had growth rates of at least 10%, compared with only 23 last year. Only six firms had year-over-year declines compared with 2019 results.

What data are you leveraging to sell strategy internally? Get the Am Law 100 data exclusively with Legal Compass.

Figures on this chart are rounded to the nearest $1,000. Profit margin is the ratio of net income to gross revenue, multiplied by 100. Firms that are tied are listed alphabetically. For more details, see our methodology.

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