Credit: Roberto Jiménez/ALM; PureSolution/Shutterstock The 2021 Global 100: Ranked by Profits Per Equity Partner
Wachtell, Lipton, Rosen & Katz leads the way in a ranking dominated by U.S. firms.
September 21, 2021 at 03:00 AM
1 minute read
Law Firm Profitability
Profits per equity partner among Global 100 firms averaged $1,903,000 in 2020, an increase of 10.4% when compared with 2019's average of $1,723,000. The significant spike comes after 2019's growth of just 0.4% over the previous year. Seventy-nine firms equaled or topped $1 million in PEP, compared with 75 firms last year. Slaughter and May was the highest-ranking non-U.S. firm, ranking 27th.
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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.
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