This is a list of global law firms ranked by profits per equity partner (PPEP) in 2021 [update] . [1] Firms marked with "(verein)" are structured as a Swiss association.
These are estimates and equity partners can make vastly different salaries inside the same firm. [2]
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 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.
Goodwin Procter LLP is an American multinational 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, Philadelphia, 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.
Simpson Thacher & Bartlett LLP is a white-shoe law firm headquartered in New York City. The firm specializes in litigation and corporate practices, particularly mergers and acquisitions and private equity, with over 1,000 attorneys in 11 offices worldwide.
Clifford Chance LLP is a British multinational law firm headquartered in London, England, and a member of the "Magic Circle", a group of leading London-based multinational law firms.
Akin Gump Strauss Hauer & Feld LLP is an American multinational law firm headquartered in Washington, D.C.. It is the second-largest lobbying firm in the United States by revenue.
The American Lawyer is a monthly legal magazine and website published by ALM Media. The periodical and its parent company, ALM, were founded in 1979 by Steven Brill.
Paul Hastings LLP is an American multinational law firm with over 1,000 lawyers in 23 offices throughout North and South America, Europe, and Asia. The firm represents a client base in finance, M&A, private equity, and litigation.
Reed Smith LLP is a global law firm with more than 1,500 lawyers in 30 offices throughout the United States, Europe, the Middle East and Asia.
Numerous current and former law firms are considered notable. Law firms are typically ranked by profit per partner, or at a more general level, revenue. Some private directories also assign subjective rankings to law firms, including Chambers and Partners and The Legal 500, although these are falling out of favour.
Dickson Minto is a Scottish law firm.
A partner in a law firm, accounting firm, consulting firm, or financial firm is a highly ranked position, traditionally indicating co-ownership of a partnership in which the partners were entitled to a share of the profits as "equity partners". The title can also be used in corporate entities where equity is held by shareholders.
Venable LLP is an American law firm headquartered in Washington, D.C. It is the largest law firm in the state of Maryland. Founded in 1900 by Richard Venable in Baltimore, Venable operates 13 offices across the United States and employs about 850 professionals specializing in regulatory, litigation, corporate, and investigations matters.
Herbert Smith Freehills (HSF) is an international law firm with headquarters in London, England and Sydney, Australia. HSF has been widely acknowledged as one of the world's most elite and selective law firms, and, as of 2021, was the 33rd largest by revenue. It was formed on 1 October 2012 by a merger between the United Kingdom-based Herbert Smith, then a member of the Silver Circle of leading UK law firms, and Freehills, one of the Big Six Australian law firms.
The Red Circle is an informal term for leading law firms in China that are perceived as prestigious or high-quality, similar to the Magic Circle firms in the UK and white-shoe firms in the US.