The 2020 Am Law 100: Ranked by Profits Per Equity Partner
Wachtell holds a million-dollar lead on its closest competitor when it comes to profits per equity partner.
April 21, 2020 at 09:32 AM
1 minute read
The original version of this story was published on The American Lawyer
Wachtell, Lipton, Rosen & Katz remains at the top of the list with $6.3 million in profits per equity partner, more than $1 million ahead of second-place Kirkland & Ellis, at $5.2 million.
Twenty-four firms had PEP of at least $3 million in 2019, up from 20 last year. For the Am Law 100 as a whole, average PEP was up by 5% in 2019, coming in lower than the 6.5% increase last year.
Twenty-three firms had growth rates of at least 10%, down from 29 last year. One firm had a double-digit decline, while no firms had double-digit declines last year.
Figures on this chart are rounded to the nearest $1,000. Profit margin is the ratio of net income to gross revenue, multiplied by 100. Firms that are tied are listed alphabetically.
[falcon-embed src="embed_1"] Infographic design by Roberto Jiménez/ALM
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllPrivate Equity Rising Stars: The Best Up-and-Coming Lawyers in the UK and Europe, 2024
26 minute readThe EU Top 30, 2024: Ranking the Largest Law Firms in the European Union by Headcount
5 minute readThe Africa Top 30, 2024: A Headcount Ranking of the Largest Law Firms on the Continent
5 minute readLaw Firms Mentioned
Trending Stories
- 1From 'Confusing Labyrinth' to Speeding 'Rollercoaster': Uncertainty Reigns in Title IX as Litigators Await Second Trump Admin
- 2Critical Mass With Law.com’s Amanda Bronstad: Why Jurors in California Failed to Reach Verdict Over Zantac, Bankruptcy Judge Tables Sanctions Against Beasley Allen Attorney
- 3Jones Day Client Seeks Indemnification for $7.2M Privacy Settlement, Plus Defense Costs
- 4Elections Have Consequences: Some Thoughts on Labor and Employment Law Topics in 2025 and Beyond
- 5Law Firm Associates, Staffers Continue to Put a Premium On Workplace Flexibility, Study Finds
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250