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Numbers don't always tell the whole story so The Global Lawyer this week attempts to flesh out the data in The Global 200.
September 27, 2021 at 01:01 AM
9 minute read
Law Firm Profitability
Executive Editor, Law.com International
I supposed it’s become par for the course that lawyers, a particularly competitive bunch, want to know how much money law firms are earning and where their own firm stands in comparison. They also want to know how much equity partners are making—usually assisted by the hard-working associates who, while they may be earning a lot less than their bosses, are not hurting financially thanks to the talent wars prompted by the amount of work flooding firms around the globe. And seeing how much a firm has expanded or contracted in head count is also a topic of considerable interest.
So, the staff of Law.com International, The American Lawyer and ALM Intelligence have compiled all that data, publishing the Global 200 rankings by gross revenue and revenue per lawyer; profits per equity partner; and head count. And our readers have been devouring the information.
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