Twenty-two Am Law 100 Firms posted double-digit increases in revenue per lawyer. Shearman & Sterling had the largest increase at 23 percent. Thelen Reid & Priest saw a 22 percent increase in revenue per lawyer, and LeBoeuf, Lamb, Greene & MacRae’s RPL went up 21 percent. Figures on this chart are rounded to the nearest $5,000. Firms that tied are listed alphabetically. Firms marked with an asterisk have more than one partnership tier or have some partners who are predominantly on fixed-income status.
For a more complete set of definitions, see A Guide to Our Methodology.
Rank by revenue per lawyer | Firm | Rank by number of lawyers | 2004 Revenue Per Lawyer | Change in revenue per lawyer | Lawyers | Equity Partners | Tier > 1 |
---|---|---|---|---|---|---|---|
1 | Wachtell | 100 | $2,395,000 | -0.6% | 185 | 76 | |
2 | Sullivan & Cromwell | 60 | $1,625,000 | 14.8% | 538 | 158 | |
3 | Cravath | 84 | $1,280,000 | 9.4% | 391 | 87 | |
4 | Davis Polk | 61 | $1,145,000 | 1.8% | 529 | 148 | |
5 | Simpson Thacher | 42 | $1,125,000 | 2.7% | 647 | 155 | |
6 | Paul, Weiss | 58 | $1,030,000 | -1.9% | 546 | 103 | |
7 | Gibson, Dunn | 34 | $1,010,000 | 8.6% | 738 | 253 | |
8 | Milbank, Tweed | 67 | $1,005,000 | 11.7% | 494 | 113 | * |
9 | Skadden | 4 | $995,000 | 7.6% | 1,616 | 377 | |
10 | Shearman & Sterling | 24 | $990,000 | 23.0% | 842 | 190 | * |
*An asterisk indicates that the firm has more than one partnership tier. | |||||||
(The American Lawyer, May 2006) |