This is a list of the largest Canada-based law firms by revenue in 2017. [1] [2]
Canada Rank | Global Rank | Name | Revenue (US$) [1] [2] | Revenue per Lawyer (US$) [1] [2] | Lawyers [3] [4] | Profit per Equity Partner (US$) [5] | Profit per Lawyer (US$) [5] | Equity Partners [5] | Profit Margin | Leverage (Lawyers: Equity Partners) | Headquarters | Offices | Established |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 74 | Gowling | 587,140,000 | 479,700 | 1,224 | 392,500 | 121,000 | 378 | 25.3% | 3.24:1 | Toronto, ON | 18 | merger, 2016 |
2 | 78 | Osler | 570,960,000 | 1,272,000 | 449 | 1,272,000 | 620,000 | 219 | 48.8% | 2.05:1 | Toronto, ON | 6 | 1862 |
3 | 86 | Blakes | 480,480,000 | 777,000 | 618 | 837,000 | 359,000 | 265 | 46.2% | 2.33:1 | Toronto, ON | 9 | 1856 |
4 | 93 | McCarthy | 460,976,000 | 766,000 | 602 | 768,000 | 268,000 | 210 | 35.0% | 2.87:1 | Toronto, ON | 7 | 1855 |
5 | 126 | Fasken | 359,840,000 | 480,000 | 749 | N/A | N/A | N/A | N/A | N/A | Toronto, ON | 10 | merger, 2000 |
6 | 132 | BLG | 346,320,000 | 497,000 | 697 | N/A | N/A | N/A | N/A | N/A | Toronto, ON | 6 | merger, 2000 |
7 | 147 | Stikeman | 300,815,000 | 640,000 | 470 | N/A | N/A | N/A | N/A | N/A | Toronto, ON | 7 | 1952 |
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). [6]