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Department of Research, Rankings and Analysis

The Department aims to conduct indepth research on various subjects, organisations,


govts, etc. The department ensures to publicise the factual and actual data to
opensource platform. The department has team of research experts to carry out the
purpose for collection, analysis and ranking of data in various filters. The department
publishes the information on website and prints, which is available for open access at
www.legaldesire.com

The year 2016-2017 witnessed increase in revenue of law firms and expansion in
offices longwith new partners. United States bags no.1 rank for maximum law firms in
Top 100. The maximum lawfirms engaged in corporate cases are seen to have more
revenue which has been increased manyfold times from previous data.

Anuj Kumar
Chairman, Department of RRA
Founder & Editor-in-Chief,
Legal Desire Media & Publications
Email: anuj@legaldesire.com

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THE TOP 100 LAW FIRMS OF THE WORLD (2016-17)
The Top 100 Law Firms of World Ranking are here. The rankings have been finalized on the basis
of Annual revenue of these firms. The Ranking chart provides number of offices, profit margin and
profit per lawyer. As United States of America is, naturally, by far the largest jurisdiction for these
firms, employing a total of 40,376 partners stands first in country. The UK is second, with 6,929
partners, while Canada comes third with 2,252 partners.
The following is a list of the world's 100 largest law firms by revenue as of September 2016

Rank Name Revenue Headquarter No. of Year Profit Profit per


s Offices established margin lawyer

1 Latham & $2.65b United 22 1934 50% $606,000


Watkins States (Los
Angeles, CA)

2 Baker $2.62b United 77 1949 35% $183,000


McKenzie States
(Chicago, IL)

3 DLA Piper $2.54b UK 80 2005 (by 24% $148,000


(London) merger
/ United between
States San Diego-
(Chicago, IL) based Gray
Cary Ware &
Freidenrich
LLP,
Chicago-
based Piper
Rudnick LLP
and United
Kingdom-
based DLA
LLP)

4 Skadden, $2.41b United 23 1948 51% $727,000


Arps, Slate, States (New
Meagher & York, NY) (4
Flom Times
Square)

5 Kirkland & Ellis $2.3b United 12 1909 55% $771,000


States
(Chicago, IL)
(300 North
LaSalle)

3
6 Clifford $2.11b UK 36 1987 (by 36% $251,000
Chance (London) (10 merger of
Upper Bank two London-
Street) based law
firms,
Clifford
Turner and
Coward
Chance)

7 Freshfields $2.03b UK 27 1743 46% $415,000


Bruckhaus (London)
Deringer

8 Dentons $2.03b United 137 2013 (by N/A $169,000


States merger of
/ PRC - SNR
Decentralise Denton,
d Fraser
management Milner
Casgrain
and Salans.
The
combination
between
Dentons and
Chinese law
firm
Dacheng
announced
in January
2015
created the
worlds
largest law
firm by
headcount.)

9 Allen & Overy $2.02b UK 46 1930 40% $301,000


(London)

10 Linklaters $2.01b UK 29 1838 47% $357,000


(London)

11 Jones Day $1.94b United 44 1893 48% $368,000


States
(Cleveland,
OH)

4
12 Sidley Austin $1.86b United 20 1866 38% $397,000
States
(Chicago, IL)
(One South
Dearborn)

13 Morgan Lewis $1.84b United 28 1873 43% $451,000


& Bockius States
(Philadelphia
, PA)

14 Hogan Lovells $1.82b UK 46 2010 (by 37% $265,000


(London) merger of
/ United Washington-
States based
(Washington, Hogan &
DC) Hartson and
London-
based
Lovells)

15 Norton Rose $1.73b UK 50 1794 32% $158,000


Fulbright (London)

16 Gibson Dunn $1.53b United 18 1890 62% $780,000


States (Los
Angeles, CA)
(Wells Fargo
Center)

17 White & Case $1.52b United 41 1901 38% $292,000


States (New
York, NY)

18 Ropes & Gray $1.39b United 11 1865 41% $514,000


States
(Boston, MA)
(Prudential
Tower)

19 Herbert Smith $1.329b UK 24 2012 (by 31% $175,000


Freehills (London) merger
between the
United
Kingdom-
based
Herbert
Smith, a
member of

5
the "Silver
Circle" of
leading UK
law firms,
and
Freehills,
one of the
"Big Six" law
firms in
Australia)

20 Greenberg $1.321b United 37 1967 34% $248,000


Traurig States -
Decentralise
d

21 Sullivan & $1.31b United 12 1879 49% $805,000


Cromwell States (New
York, NY)

22 Simpson $1.27b United 11 1884 51% $675,000


Thacher & States (New
Bartlett York, NY)

23 Mayer Brown $1.25b United 22 1881 35% $296,000


States
(Chicago, IL)

24 Cleary Gottlieb $1.21b United 16 1946 48% $446,000


States (New
York, NY)
(One Liberty
Plaza)

25 Weil Gotshal $1.16b United 21 1931 36% $356,000


States (New
York, NY)
(General
Motors
Building)

26 WilmerHale $1.14b United 12 2004 (by 44% $559,000


States merger of
(Washington, the Boston-
DC / Boston, based firm,
MA) Hale and
Dorr and the
Washington-
based firm
Wilmer

6
Cutler &
Pickering

27 CMS $1.123b UK 17 1997 (by 31% $122,000


(London) merger in
1997 of
Cameron
Markby
Hewitt with
fellow City of
London law
firm
McKenna &
Co to form
CMS
Cameron
McKenna in
1999)

28 Reed Smith $1.120b United 26 1877 30% $201,000


States
(Pittsburgh,
PA) (Three
PNC Plaza)

29 Paul, Weiss, $1.109b United 8 1875 52% $603,000


Rifkind, States (New
Wharton & York, NY)
Garrison

30 Davis Polk & $1.10b United 10 1849 46% $585,000


Wardwell States (New
York, NY)

31 K&L Gates $1.06b United 45 2007 (by 17% $96,000


States merger
(Pittsburgh, between
PA) (K&L Kirkpatrick &
Gates Lockhart
Center) Nicholson
Graham and
Preston
Gates & Ellis
to form
Kirkpatrick &
Lockhart
Preston
Gates Ellis.
The name
was later

7
shortened to
K&L Gates.)

32 Paul Hastings $1.05b United 20 1951 46% $536,000


States (Los
Angeles, CA)
(City
National
Plaza)

33 Quinn $1.04b United 18 1986 66% $1,023,00


Emanuel States (Los 0
Urquhart & Angeles, CA)
Sullivan (TCW
Tower)

34 King & Wood $1.02b Hong 30 2012 (by 31% $142,000


Mallesons Kong, merger of
SAR (The Chinese law
Landmark) firm King &
Wood,
Australian
'Big Six'
firm Malleso
ns Stephens
Jacques and
UK 'Silver
Circle'
firm SJ
Berwin)

35 King & $1.01b United 17 1885 44% $478,000


Spalding States
(Atlanta, GA)
(1180
Peachtree)

36 Morrison & $979.5m United 17 1883 38% $400,000


Foerster States (San
Francisco,
CA) (425
Market
Street)

37 Akin Gump $930.1m United 21 1945 43% $469,000


Strauss Hauer States
& Feld (Washington,
DC)

8
38 Squire Patton $929.1m United 46 2014 (by 13% $86,000
Boggs States merger of
(Cleveland, Cleveland-
OH) (Key headquarter
Tower) ed Squire
Sanders with
D.C.-based
Patton
Boggs)

39 Orrick, $913.2m United 23 1863 25% $249,000


Herrington & States (San
Sutcliffe Francisco,
CA)

40 Cooley $912m United 12 1920 41% $461,000


States (Palo
Alto, CA)

41 McDermott Will $891.6m United 19 1934 35% $303,000


& Emery States
(Chicago, IL)

42 Dechert $890.2m United 27 1875 46% $463,000


States
(Philadelphia
, PA)

43 Goodwin $865.5m United 10 1912 45% $492,000


Procter States
(Boston, MA)

44 Shearman & $860.3m United 18 1873 35% $356,000


Sterling States (New
York, NY)
(599
Lexington
Avenue)

45 Wachtell $831.5m United 1 1965 67% $2,124,00


Lipton Rosen States (New 0
& Katz York, NY)
(CBS
Building)

46 Proskauer $822.3m United 13 1875 44% $518,000


Rose States (New
York, NY)

9
(Eleven
Times
Square)

47 Winston & $818.5m United 18 1853 32% $327,000


Strawn States
(Chicago, IL)
(Leo Burnett
Building)

48 Slaughter and $793.2m UK 4 1889 50% $580,000


May (London)

49 Ashurst $771.8m UK 27 1822 31% $148,000


(London)

50 Milbank, $771.1m United 12 1866 52% $620,000


Tweed, Hadley States (New
& McCloy York, NY)
(28 Liberty
Street)

51 Debevoise & $756.9m United 9 1931 46% $560,000


Plimpton States (New
York, NY)
(919 Third
Avenue)

52 Perkins Coie $748.6m United 19 1912 27% $216,000


States
(Seattle,
WA) (1201
Third
Avenue)

53 Holland & $744m United 27 1968 30% $211,000


Knight States
(Miami, FL)

54 Covington & $742.5m United 10 1919 44% $413,000


Burling States
(Washington,
DC)

55 Wilson Sonsini $735m United 15 1961 40% $420,000


Goodrich & States (Palo
Rosati Alto, CA)

10
56 Baker Botts $704.5m United 14 1840 43% $422,000
States
(Houston,
TX) (One
Shell Plaza)

57 O'Melveny & $689.3m United 15 1885 43% $472,000


Myers States (Los
Angeles, CA)

58 Alston & Bird $688m United 10 1893 36% $330,000


States
(Atlanta, GA)
(One Atlantic
Center)

59 Clyde & Co $683.2m UK 46 1933 27% $131,000


(London) (St
Botolph
Building)

60 Foley & $682m United 20 1842 24% $197,000


Lardner States
(Milwaukee,
WI) (U.S.
Bank Center
(Milwaukee))

61 Cravath $666.5m United 2 1819 48% $678,000


Swaine & States (New
Moore York, NY)
(One
Worldwide
Plaza)

62 Willkie Farr & $658m United 9 1888 55% $640,000


Gallagher States (New
York, NY)
(AXA
Equitable
Center)

63 McGuireWood $653.5m United 23 1834 28% $188,000


s States
(Richmond,
VA)

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64 Arnold & $650m United 9 1946 44% $424,000
Porter States
(Washington,
DC)

65 BakerHostetler $633.5m United 14 1916 25% $173,000


States
(Cleveland,
OH) (Key
Tower)

66 Vinson & $627.7m United 16 1917 44% $443,000


Elkins States
(Houston,
TX) (First
City Tower)

67 Eversheds $619.8m UK 55 1988 (by a 22% $79,000


(London) four-way
merger
between
Manchester-
based
Alexander
Tatham &
Co,
Sheffield-
based
Broomheads
& Neals,
Norwich-
based
Daynes Hill
& Perks and
Birmingham-
based
Evershed &
Tomkinson)

68 Bryan Cave $616.8m United 27 1873 26% $178,000


States (St.
Louis, MO)
(One
Metropolitan
Square)

69 Locke Lord $597.2m United 23 2007 (by 26% $186,000


States merger of
(Dallas, TX) Locke
(Chase Liddell &
Sapp and

12
Tower Lord Bissell
(Dallas)) & Brook,
forming
Locke Lord
Bissell &
Liddell)

70 Seyfarth Shaw $590m United 14 1945 33% $245,000


States
(Chicago, IL)
(Citadel
Center)

71 Pinsent $584.3m UK 21 2004 (by 24% $88,000


Masons (London) merger of
Pinsent &
Co and
Masons,
forming
Pinsent
Masons)

72 Katten Muchin $561.5m United 13 2002 (by 40% $361,000


Rosenman States merger of
(Chicago, IL) Chicago-
based Katte
n Muchin &
Zavis and
New York-
based Rose
nman &
Colin)

73 Sheppard, $559.5m United 15 1927 31% $288,000


Mullin, Richter States (Los
& Hampton Angeles, CA)

74 Pillsbury $557m United 18 1868 32% $295,000


Winthrop Shaw States (New
Pittman York, NY)
(Bertelsman
n Building)

75 Hunton & $528m United 19 1901 30% $228,000


Williams States
(Richmond,
VA)

13
76 Littler $506.5m United 70 1942 32% $167,000
Mendelson States (San
Francisco,
CA)

77 Fried, Frank, $504.3m United 5 1890 45% $555,000


Harris, Shriver States (New
& Jacobson York, NY) (1
New York
Plaza)

78 Fragomen, Del $494m United 40 1951 24% $214,000


Rey, Bernsen States (New
& Loewy York, NY)

79 Venable LLP $477m United 9 1900 36% $288,000


States
(Baltimore,
MD)

80 Troutman $468.5m United 16 1897 39% $288,000


Sanders States
(Atlanta, GA)
(Bank of
America
Plaza
(Atlanta))

81 Faegre Baker $465.9m United 14 2012 (by 39% $270,000


Daniels States merger of
(Minneapolis Faegre &
, MN) (Wells Benson LLP
Fargo Center and Baker &
(Minneapolis Daniels LLP)
))

82 Jenner & Block $464.9m United 5 1914 42% $449,000


States
(Chicago, IL)
(353 North
Clark)

83 Cadwalader, $463.5m United 8 1792 21% $216,000


Wickersham & States (New
Taft York, NY)
(200 Liberty
Street)

14
84 Nixon $461m United 16 1999 (by 29% $214,000
Peabody States merger of
(Boston, MA) New York-
(100 based
Summer Nixon,
Street) Hargrave,
Devans &
Doyle LLP
and Boston-
based
Peabody &
Brown)

85 Simmons & $451m UK 21 1896 30% $158,000


Simmons (London)
(CityPoint)

86 Duane Morris $434.5m United 27 1904 25% $171,000


States
(Philadelphia
, PA)

87 Bird & Bird $412.7 UK 28 1846 16% $63,000


(London)

88 Kilpatrick $411.5m United 17 1860 25% $177,000


Townsend & States
Stockton (Atlanta, GA)

89 Polsinelli $410m United 17 1972 21% $119,000


States
(Kansas
City, MO)

90 Drinker Biddle $409.5m United 10 1849 34% $259,000


& Reath States
(Philadelphia
, PA)

91 Jackson Lewis $407m United 57 1958 35% $188,000


States
(White
Plains, NY)

92 Lewis Brisbois $406m United 41 1979 22% $86,000


Bisgaard & States (Los
Smith Angeles, CA)

15
93 Schulte Roth & $405m United 3 1969 49% $558,000
Zabel States (New
York, NY)
(919 Third
Avenue)

94 Williams & $403m United 1 1967 45% $600,000


Connolly States
(Washington,
DC)

95 Ogletree, $399m United 49 1977 27% $147,000


Deakins, Nash, States
Smoak & (Greenville,
Stewart SC)

96 Fish & $395m United 12 1878 40% $467,000


Richardson States
(Boston, MA)

97 Taylor $389m UK 30 2002 (by 38% $157,000


Wessing (London) merger of
London-
based Taylor
Joynson
Garrett and
the German
law firm
Wessing &
Berenberg-
Gossler)

98 Pepper $388.5m United 13 1890 36% $286,000


Hamilton States
(Philadelphia
, PA) (Two
Logan
Square)

99 Berwin $388.2m UK 14 2001 (by 22% $110,000


Leighton (London) merger of
Paisner Berwin
Leighton and
Paisner &
Co)

16
100 Fidal $384m France 90 1922 7% $21,000
(Paris)

Research References:
Joanne Harris (23 June 2016). "Revealed: Global 200 deliver 81bn revenue in 2015". (access
requires subscription)
http://www.legalbusiness.co.uk/index.php/global-100-2016
"Latham & Watkins posts record high revenue and PEP for 2014". Legalweek. Retrieved
2015-08-23.
Will White (2016-08-22). "BAKER & MCKENZIE ANNOUNCES GLOBAL REVENUES OF US$2.62
BILLION". www.bakermckenzie.com. Retrieved 2016-11-26.
Jump up ^ The Lawyer; Legal Business (2014-08-11). "DLA Piper revenue tops $2.5 billion,
but profits sag". www.legalisglobal.com. Retrieved 2016-03-02.
http://www.thelawyer.com/analysis/the-lawyer-management/financial-insight/magic-circle-
growth-combined-global-revenue-hits-514bn-in-2014/15/3037077.article

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