"How did these firms do in the year that was? As we learned from the most recent Am Law 100 rankings, Biglaw firms are sailing even higher, and their revenues are up - and in some cases, way up. Compared to the year prior, the Global 200 saw a combined revenue increase of 11.8%, with profits per equity partner at the top 100 firms up by 17.9%."
"The Global 200's success is being driven by the firms at the tippy top of the ranking. In fact, one Biglaw leader said of the overall success focused in the upper echelon of the ranking, "There's increasing segmentation between the elite tier of law firms and the next tier. ... [W]e're seeing star talent and top clients increasingly concentrated in a relatively small number of elite global firms.""
"Once again, almost all of the firms at the tippy top of the ranking have the majority of their lawyers in the U.S. These are the top 10 firms of the 2025 Global 200 (ranked by 2024 revenue): Kirkland & Ellis: $8,801,740,000 Latham & Watkins: $7,000,000,000 DLA Piper: $4,239,832,000 A&O Shearman: $3,706,490,000 Skadden Arps: $3,669,042,000 Gibson Dunn: $3,557,623,000 Sidley Austin: $3,439,646,000 Ropes & Gray: $3,416,636,000 Baker McKenzie: $3,394,579,000 White & Case: $3,316,735,000"
The Global 200 ranking of the world's 200 largest law firms by revenue recorded a combined revenue increase of 11.8% year-over-year in 2024. Profits per equity partner at the top 100 firms increased 17.9%. Growth is concentrated among the elite firms at the top of the ranking, with star talent and top clients increasingly concentrated in a relatively small number of elite global firms. Almost all of the highest-grossing firms have a majority of lawyers based in the U.S. The top ten firms by 2024 revenue range from Kirkland & Ellis at $8.801B to White & Case at $3.317B.
Read at Above the Law
Unable to calculate read time
Collection
[
|
...
]