In 2005, seven Am Law 100 firms broke the $1 billion gross revenue mark. Two firms are new to the billion-dollar club�Weil, Gotshal & Manges and White & Case. This year, for the first time, Latham & Watkins has surpassed Baker & McKenzie for the number two spot. Baker has ranked first or second on the gross revenue charts since 1988. The firm first posted revenue over $1 billion in 2001.
Gross revenue figures on this chart are rounded to the nearest $500,000. Firms that tied in the rankings are listed alphabetically. Some firms provided fractional full-time equivalent or full-year equivalent lawyer numbers, which were rounded up to the nearest whole number. Firms marked with an asterisk have more than one partnership tier or some partners who are predominantly on fixed-income status.
2005 Rank | 2004 Rank | Firm | 2005 Gross Revenue | Change From 2004 | Lawyers |
---|---|---|---|---|---|
1 | 1 | Skadden | $1,610,000,000 | 11.8% | 1,616 |
2 | 3 | Latham & Watkins | $1,412,500,000 | 17.1% | 1,615 |
3 | 2 | Baker & McKenzie | $1,352,000,000 | 10.1% | 2,984 |
4 | 4 | Jones Day | $1,285,000,000 | 8.0% | 2,136 |
5 | 5 | Sidley Austin | $1,124,000,000 | 9.2% | 1,454 |
6 | 6 | White & Case | $1,046,000,000 | 9.8% | 1,744 |
7 | 8 | Weil, Gotshal | $1,016,500,000 | 11.9% | 1,066 |
8 | 7 | Mayer, Brown | $980,000,000 | 7.6% | 1,307 |
9 | 9 | Kirkland & Ellis | $970,000,000 | 16.2% | 983 |
10 | 25 | Piper Rudnick 1 | $890,500,000 | � | 1,303 |
11 | 10 | Sullivan & Cromwell | $875,000,000 | 5.0% | 538 |
12 | 15 | Greenberg Traurig | $860,500,000 | 20.9% | 1,334 |
13 | 11 | Shearman & Sterling | $835,000,000 | 7.7% | 842 |
14 | 12 | Wilmer Cutler | $815,000,000 | 8.6% | 964 |
15 | 16 | O’Melveny & Myers | $808,000,000 | 15.9% | 977 |
16 | 14 | Morgan, Lewis | $804,500,000 | 11.2% | 1,176 |
17 | 13 | McDermott Will | $799,500,000 | 7.3% | 1,034 |
18 | 17 | Cleary Gottlieb | $760,000,000 | 9.4% | 833 |
19 | 18 | Gibson, Dunn | $746,000,000 | 7.6% | 738 |
20 | 19 | Simpson Thacher | $727,000,000 | 5.2% | 647 |
21 | 20 | Hogan & Hartson | $700,000,000 | 11.1% | 953 |
22 | 24 | Morrison & Foerster | $687,000,000 | 15.9% | 935 |
23 | 22 | Paul, Hastings | $667,000,000 | 9.5% | 871 |
24 | 21 | Akin Gump | $618,000,000 | 1.0% | 794 |
25 | 28 | Foley & Lardner | $610,500,000 | 12.5% | 892 |
26 | 23 | Davis Polk | $604,500,000 | 0.0% | 529 |
27 | 26 | Bingham McCutchen | $593,000,000 | 4.9% | 750 |
28 | 27 | Holland & Knight | $581,500,000 | 5.5% | 1,168 |
29 | 40 | Dechert | $577,000,000 | 30.7% | 823 |
30 | 42 | Pillsbury Winthrop | $574,000,000 | 32.7% | 862 |
31 | 29 | Winston & Strawn | $571,000,000 | 10.6% | 796 |
32 | 30 | Paul, Weiss | $563,000,000 | 11.7% | 546 |
33 | 31 | Reed Smith | $562,500,000 | 11.7% | 913 |
34 | 49 | Ropes & Gray | $558,000,000 | 37.9% | 664 |
35 | 33 | Orrick | $554,000,000 | 14.5% | 723 |
36 | 32 | Fulbright & Jaworski | $539,000,000 | 9.7% | 858 |
37 | 34 | Debevoise & Plimpton | $535,500,000 | 11.9% | 579 |
38 | 36 | King & Spalding | $514,500,000 | 5.8% | 755 |
39 | 37 | Vinson & Elkins | $510,000,000 | 12.1% | 645 |
40 | 37 | Cravath | $500,500,000 | 10.0% | 391 |
41 | 43 | Milbank, Tweed | $496,000,000 | 14.9% | 494 |
42 | 46 | Cadwalader | $483,000,000 | 16.1% | 514 |
43 | 35 | Heller Ehrman | $475,000,000 | 0.6% | 590 |
43 | 41 | Hunton & Williams | $475,000,000 | 8.0% | 798 |
45 | 55 | Kirkpatrick & Lockhart | $469,000,000 | 25.9% | 837 |
46 | 39 | Arnold & Porter | $465,500,000 | 2.5% | 571 |
47 | 51 | Proskauer Rose | $453,500,000 | 14.8% | 609 |
48 | 48 | Sonnenschein | $448,000,000 | 9.0% | 662 |
49 | 44 | Wachtell | $443,000,000 | 2.8% | 185 |
49 | 46 | Willkie Farr | $443,000,000 | 6.5% | 516 |
51 | 60 | LeBoeuf, Lamb | $440,000,000 | 23.4% | 612 |
52 | 45 | Baker Botts | $434,500,000 | 3.5% | 624 |
53 | 67 | Goodwin Procter | $415,000,000 | 37.2% | 554 |
54 | 54 | Wilson Sonsini | $412,000,000 | 9.1% | 548 |
55 | 52 | Squire, Sanders | $410,000,000 | 4.2% | 680 |
56 | 55 | Bryan Cave | $398,500,000 | 7.0% | 733 |
57 | 50 | Alston & Bird | $395,000,000 | -1.6% | 661 |
58 | 53 | Dewey Ballantine | $392,500,000 | 3.2% | 502 |
59 | 59 | Fried, Frank | $390,000,000 | 8.6% | 438 |
60 | 57 | Katten Muchin | $386,500,000 | 5.0% | 577 |
61 | 61 | Howrey | $384,500,000 | 9.2% | 540 |
62 | 58 | Kaye Scholer | $383,500,000 | 5.9% | 478 |
63 | 64 | Covington & Burling | $380,000,000 | 12.6% | 491 |
64 | 62 | Nixon Peabody | $373,500,000 | 7.3% | 622 |
65 | 63 | McGuireWoods | $341,000,000 | -0.9% | 674 |
66 | 66 | Seyfarth Shaw | $336,500,000 | 7.5% | 633 |
67 | 69 | Schulte Roth | $321,000,000 | 9.9% | 371 |
68 | 65 | Dorsey & Whitney | $318,500,000 | -3.5% | 563 |
69 | 68 | Perkins Coie | $318,000,000 | 7.1% | 555 |
70 | 70 | Cooley Godward | $298,000,000 | 3.1% | 413 |
71 | 72 | Duane Morris | $290,500,000 | 10.0% | 490 |
72 | 74 | Jenner & Block | $287,500,000 | 13.4% | 393 |
73 | 71 | Baker & Hostetler | $284,000,000 | 0.0% | 605 |
74 | 117 | Edwards Angell 2 | $278,500,000 | � | 485 |
75 | 78 | Thelen Reid | $278,000,000 | 15.8% | 392 |
76 | 76 | Blank Rome | $266,000,000 | 7.5% | 468 |
77 | 83 | Sheppard, Mullin | $264,000,000 | 14.8% | 372 |
78 | 82 | Steptoe & Johnson | $258,500,000 | 11.2% | 344 |
79 | 79 | Stroock & Stroock | $258,000,000 | 8.4% | 330 |
80 | 102 | Dickstein Shapiro | $257,500,000 | 30.7% | 329 |
81 | 88 | Wilson Elser | $255,000,000 | 14.9% | 777 |
82 | 80 | Kilpatrick Stockton | $250,500,000 | 6.1% | 455 |
83 | 97 | Troutman Sanders | $249,000,000 | 20.6% | 501 |
84 | 87 | Fish & Richardson | $246,500,000 | 9.8% | 306 |
85 | 75 | Shook, Hardy | $246,000,000 | -2.6% | 471 |
86 | 89 | Venable | $239,500,000 | 8.1% | 407 |
87 | 81 | Womble Carlyle | $238,000,000 | 2.1% | 505 |
88 | 86 | Finnegan, Henderson | $235,000,000 | 4.7% | 277 |
89 | 103 | Kramer Levin | $232,000,000 | 18.4% | 290 |
90 | 96 | Pepper Hamilton | $231,000,000 | 10.3% | 387 |
91 | 91 | Mintz, Levin | $230,000,000 | 6.2% | 391 |
92 | 77 | Chadbourne & Parke | $229,500,000 | -4.8% | 368 |
92 | 99 | Faegre & Benson | $229,500,000 | 12.2% | 449 |
94 | 85 | Cahill Gordon | $229,000,000 | 0.9% | 254 |
95 | 90 | Andrews Kurth | $225,000,000 | 3.7% | 374 |
96 | 92 | Drinker Biddle | $223,000,000 | 4.4% | 408 |
97 | 93 | Patton Boggs | $222,000,000 | 4.2% | 401 |
97 | 107 | Sutherland Asbill | $222,000,000 | 18.4% | 374 |
99 | 98 | Cozen O’Connor | $220,500,000 | 7.3% | 482 |
100 | 103 | Hughes Hubbard | $218,000,000 | 11.2% | 292 |
*An asterisk indicates that the firm has more than one partnership tier. | |||||
1 Due to the merger of DLA, Gray Cary Ware & Freidenrich, and Piper Rudnick in January 2005, there is no year-over-year comparison for the merged firm. DLA Piper is structured as a set of alliances, so the results that are presented here and throughout the package are for the U.S. operation only. | |||||
2 Due to the merger of Edwards & Angell and Palmer & Dodge in November 2005, there is no year-over-year comparison for the merged firm. | |||||
(The American Lawyer, May 2006) |