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This is a list of American law firms by profits per equity partner (PPEP, sometimes reported as profits per partner or PPP). The list details the profit per equity partner figures of law firms by gross revenue; however, law firms with higher PPEP may not appear on this list if they were not included in the Global 100 by revenue. [1]
| Rank | Firm | Headquarters | 2024 PPEP | Equity partners |
|---|---|---|---|---|
| 1 | Kirkland & Ellis | Chicago | $9,253,000 | 573 |
| 2 | Wachtell, Lipton, Rosen & Katz | New York City | $9,036,000 | 86 |
| 3 | Quinn Emanuel Urquhart & Sullivan | Los Angeles | $8,643,000 | 178 |
| 4 | Davis Polk & Wardwell | New York City | $7,800,000 | 182 |
| 5 | Simpson Thacher & Bartlett | New York City | $7,664,000 | 204 |
| 6 | Paul, Weiss, Rifkind, Wharton & Garrison | New York City | $7,541,000 | 198 |
| 7 | Gibson Dunn | Los Angeles | $7,175,000 | 286 |
| 8 | Latham & Watkins | Los Angeles | $7,135,000 | 553 |
| 9 | Cravath, Swaine & Moore | New York City | $6,850,000 | 90 |
| 10 | Milbank | New York City | $6,812,000 | 170 |
| 11 | Sullivan & Cromwell | New York City | $6,740,000 | 178 |
| 12 | Paul Hastings | $6,715,000 | 170 | |
| 13 | Skadden, Arps, Slate, Meagher & Flom | New York City | $6,049,000 | 343 |
| 14 | King & Spalding | Atlanta | $5,932,000 | 198 |
| 15 | Weil, Gotshal & Manges | New York City | $5,371,000 | 173 |
| 16 | Debevoise & Plimpton | New York City | $5,336,000 | 151 |
| 17 | Cleary Gottlieb Steen & Hamilton | New York City | $5,223,000 | 191 |
| 18 | Fried, Frank, Harris, Shriver & Jacobson | New York City | $5,184,000 | 109 |
| 19 | Sidley Austin | Chicago | $5,157,000 | 279 |
| 20 | Ropes & Gray | Boston | $4,989,000 | 298 |