The Global 100 has settled into a pattern of steady growth. Average revenue rose 4.5 percent, while profits reached record levels. A new No. 1 displaces perennial Global 100 leaders DLA Piper and Baker & McKenzie as the world’s highest-grossing law firm.

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THE FEATURES:
Overview: A Smooth Ride for Global 100 Firms
By Chris Johnson
After a long, bumpy journey, the Global 100 reaches cruising altitude. But while revenue per lawyer and profits per partner have rebounded, that’s due in part to declining head count.

By Chris Johnson
Is it time to pull back in China? Give up on Russia? Is Africa really the next big thing? Law firm leaders give candid assessments of the risks and potential in five key emerging markets.

American Firms Say Willkommen to German Laterals
By Julie Triedman
US firms have set their sights on Germany, raiding their international rivals and shaking up that country’s lateral market.
By MP McQueen
Volatile currency rates can have a big impact on global law firm revenue and partner compensation. Who’s been hit hardest—and how firms are coping.
By MP McQueen
When it comes to building law firm brands, challengers continue to make progress against established, old-line firms, Acritas’s annual client awareness survey shows.
ALSO:
The Global Legal Awards
By Chris Johnson and Michael Goldhaber
We recognize the most important cross-border work of the year in four categories: citizenship, disputes, finance and mergers and acquisitions.
Here’s encouraging news: Post-recession, the world’s top-grossing firms have achieved solid and steady growth.
THE CHARTS: