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List Of Largest Law Firms By Profits Per Partner
This is a list of global law firms by profits per equity partner (PPEP) in 2020. These are estimates and equity partners can make vastly different salaries inside the same firm. See also *List of largest law firms by revenue *List of largest United States-based law firms by profits per partner * List of largest United Kingdom-based law firms by revenue *List of largest Canada-based law firms by revenue This is a list of the largest Canada-based law firms by revenue in 2017. Gowling reported that its Canadian partnership, with 407 partners and about 650 lawyers, generated 59% of the combined firm's revenue (equalling about US$ 346.41 million). ... * List of largest Europe-based law firms by revenue * List of largest Japan-based law firms by head count * List of largest China-based law firms by revenue References {{reflist Profit ...
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Law Firms
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought. Arrangements Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: * Sole proprietorship, in which the attorney ''is'' the law firm and is responsible for all profit, loss and liability; * General partnership, in which all the attorneys who are members of the firm share ownership, profits and liabilities; * Professional corporations, which issue stock to the attorneys in a fashion similar to that of a business corporation; * Limited liability company, in which the attorney-owners are called "members" but are not direc ...
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Paul Hastings
Paul Hastings LLP is a global law firm that represents a client base in finance, M&A, private equity, and litigation. The firm specializes in white collar and government disputes, energy, infrastructure, and intellectual property. Paul Hastings has been ranked on The American Lawyer’s A-List for eleven consecutive years, in 2020, was named Transatlantic Firm of the Year at the British Legal Award, and in 2021, Most Impressive Investigations Practice of the Year at the Global Investigations Review Awards. Paul Hastings is widely known as one of the foremost anti-union law firms in the United States, regularly representing employers in organized labor-related litigation and combating union organizing campaigns. History Paul Hastings was founded in Los Angeles in 1951 by Lee Paul, Robert Hastings, and Leonard Janofsky. Over the years, Paul Hastings expanded its size and geographic reach to meet client needs. Today the firm’s Wall Street client base has made New York its larg ...
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Akin Gump Strauss Hauer & Feld
Akin Gump Strauss Hauer & Feld LLP is an American multinational law firm headquartered in Washington, DC. It is the largest lobbying firm in the United States by revenue. Akin Gump has consistently been ranked as among the top law firms in the United States by ''The American Lawyer.'' The firm is known for its influence on Capitol Hill and its representation of high-profile clients. With regard to compensation, Akin Gump is ranked by associates as one of the top 10 highest-paying law firms in the country. History The firm was founded in Dallas, Texas, in 1945 by Robert Strauss and Richard Gump. It maintains a large presence in Texas with a total of five offices in the state. In early September 1950, Strauss and Gump added Irving Goldberg and William P. Fonville to the firm, which was then renamed Goldberg, Fonville, Gump & Strauss. In 1963, Jack Hauer left a competitor to join the firm, which became known as Goldberg, Fonville, Gump, Strauss & Hauer. Goldberg left the firm i ...
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Shearman & Sterling
Shearman & Sterling LLP is a multinational law firm headquartered in New York City, United States. The firm's lawyers come from some 80 countries, speak more than 60 languages and practice US, English, EU, French, Spanish, German, Hong Kong, OHADA and Saudi law, as well as Dubai International Financial Centre law and Abu Dhabi Global Market law. Nearly one-half of the firm's lawyers practice outside the United States. History Wall Street origins Shearman & Sterling was founded in New York City in 1873 by Thomas Shearman () and John William Sterling, who concentrated on litigation and transactional matters respectively. The young firm represented financier Jay Gould and industrialist Henry Ford, and cultivated a number of important business ties that would evolve into long-standing client relationships, such as with the Rockefeller family and the predecessor banks to Citigroup and Deutsche Bank. Postwar global expansion The firm expanded internationally during the post-World ...
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Goodwin Procter
Goodwin Procter LLP is a global law firm. It is one of the largest law firms in the world as measured by revenue and consists of more than 1,800 lawyers across offices in Boston, Cambridge, Frankfurt, Munich, Hong Kong, London, Los Angeles, Luxembourg, New York City, Paris, Santa Monica, Silicon Valley, San Francisco, Singapore, and Washington, D.C. Goodwin focuses on complex transactional work, high-stakes litigation and advisory services in matters involving financial institutions, intellectual property, private equity, real estate capital markets, securities litigation, white collar defense, technology and life sciences. Goodwin currently has over 2,800 employees worldwide, representing a nearly 30% increase in lawyers and staff since January 2021, and more than a 60% increase overall since 2017. This growth has been mirrored by the firm’s rising revenues, which increased from $1.33 billion in 2019 to $1.49 billion in 2020, and reaching $1.97 billion in 2021. Between 2010 a ...
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Freshfields Bruckhaus Deringer
Freshfields Bruckhaus Deringer LLP (informally Freshfields, or FBD) is an international law firm headquartered in London, and a member of the Magic Circle. The firm has 28 offices in 17 jurisdictions across Asia, Europe, the Middle East and North America. It advises national and multinational corporations, financial institutions and governments. History Freshfields Bruckhaus Deringer was created in 2000 when U.K.-based Freshfields merged with the two law firms, Germany-based Deringer Tessin Herrmann & Sedemund and Germany-and-Austria-based Bruckhaus Westrick Heller Löber. Dubbed as the oldest firm within the Magic Circle, Freshfields' origins arguably go back to around 1716, when Thomas Woodford began to practise law. Woodford was succeeded in his practice in 1730 by William Wall, who was succeeded in turn in 1743 by Samuel Dodd.Slinn 1984, p. 177. That same year, Dodd was appointed attorney to the Bank of England.Slinn, Judy (1993). ''Freshfields, 1743–1993'', London: Fre ...
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Vinson & Elkins
Vinson & Elkins LLP (or V&E) is an international law firm with approximately 700 lawyers worldwide headquartered in Downtown Houston, Texas. The firm has offices in major energy, financial, and political centers worldwide, including Austin, Dallas, Dubai, Houston, London, Los Angeles, New York City, Richmond, Riyadh, San Francisco, Tokyo, and Washington, D.C. Profile Founding The firm was founded in Houston, Texas, in 1917 by Judge James A. Elkins and William A. Vinson. Leadership In May 2021, it was announced that the firm elected current partners Keith Fullenweider as chair and Jim Fox, Michael Holmes and Hilary Preston as vice chairs. The change took effect on January 1, 2022. The firm's former chairman is Mark Kelly and its managing partner was Scott Wulfe. Practice areas The firm practices in numerous legal fields, particularly those that pertain to the energy industry, with more than 400 lawyers involved in energy-related legal work. The firm was rated the most prestigi ...
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Ropes & Gray
Ropes & Gray LLP is a global law firm with 13 offices located in the United States, Asia and Europe. The firm has more than 1,500 lawyers and professionals worldwide, and its clients include corporations and financial institutions, government agencies, universities, and health care organizations. It was founded in 1865 in Boston, Massachusetts by John Codman Ropes and John Chipman Gray. According to the 2021 Vault Rankings, the firm ranks #3 in the best law firms to work for and The American Lawyer's Am Law 100 ranked the firm #6 in revenue and profits per equity partner in 2020. Forbes describes the firm as being recognized internationally for its fintech and global M&A work. The firm's major practice areas include private equity, mergers & acquisitions, intellectual property, complex business litigation, securities litigation, health care, life sciences, bankruptcy and business restructuring, government enforcement and white collar crime, privacy & data security, investment ma ...
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Proskauer Rose
Proskauer Rose LLP (formerly known as Proskauer, Rose, Goetz & Mendelsohn, LLP) is an international law firm headquartered in New York City. The firm was founded in 1875 and currently employs more than 800 attorneys in twelve offices worldwide. Proskauer is known for its labor and employment, litigation, corporate, private equity, private investment funds, finance, and intellectual property law departments. The firm is often in the headlines for its sports law group and celebrity clientele. Proskauer has long been the primary outside law firm for the National Basketball Association (NBA). Proskauer is also considered one of America's preeminent employer side labor law firms with specialty in union avoidance, the practice of disrupting and combatting union organizing efforts in their client's workplaces. Practice overview Proskauer Rose is a full-service law firm, practicing in areas including corporate finance, private investment funds, mergers and acquisitions, real estate tra ...
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Dechert
Dechert LLP () is an American multinational law firm of more than 900 lawyers with practices in corporate and securities, complex litigation, finance and real estate, financial services, asset management, and private equity. In 2021, the firm raised revenues by 25%, with a total of $1.3 billion. History The firm's first predecessor, MacVeagh & Bispham, was formed in 1875 by Wayne MacVeagh and George Tucker Bispham. MacVeagh previously served as United States Ambassador to Turkey, and Bispham authored the treatise "Principles of Equity," which was considered the definitive work on the subject at the time. MacVeagh went on to become United States Attorney General under President James Garfield, and then United States Ambassador to Italy in 1893. Bispham went on to become a professor at University of Pennsylvania Law School in 1884. The MacVeagh & Bispham's successor merged with another Philadelphia law firm, Dechert, Smith & Clark, in 1942. After undergoing several more name chan ...
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King & Spalding
King & Spalding LLP is an American international corporate law firm that is headquartered in Atlanta, Georgia and with offices located in North America, Europe, the Middle East and Asia. It has over 1,200 lawyers in 23 offices globally. It is Am Law 100, Global 30 and white-shoe firm. About King & Spalding, also known as "K&S", was founded on January 1, 1885 by Alexander C. King and Jack Spalding in Atlanta, Georgia Atlanta remains the global headquarters of the firm. The firm has additional offices in Austin, Charlotte, Denver, Houston, Los Angeles, Miami, New York, Sacramento, San Francisco, Silicon Valley, Washington, D.C., Northern Virginia and Chicago. K&S also has a London-based international arm, King & Spalding International LLP, which opened in 2003, and maintains offices or affiliates in Abu Dhabi, Brussels, Dubai, Frankfurt, Geneva, Paris, Riyadh, Singapore and Tokyo. Representative clients The firm has represented various, large companies and private equity ...
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Slaughter & May
Slaughter and May is an international law firm headquartered in Bunhill Row, London. Founded in 1889, Slaughter and May is considered to be one of the most prestigious law firms in the world and is a member of the " Magic Circle" of elite London-headquartered law firms. In addition to London, it has offices in Beijing, Brussels and Hong Kong. History Slaughter and May was founded on 1 January 1889 by William Capel Slaughter and William May. The firm's first office was located at 18 Austin Friars in the City of London. In 1974, the firm opened an office in Hong Kong, being the first London law firm to establish a presence there. During the 1980s and 1990s, the firm acted on a number of privatisations in the United Kingdom, including those of British Airways, British Gas and British Steel Corporation. In 2002, Slaughter and May moved to its current London office at One Bunhill Row. Slaughter and May closed its New York office in September 2004 and its Singapore office in October ...
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