Six Big Texas Firms Rank Among the Global Second Hundred
Six large Texas firms appear on The American Lawyer's Global 200, which, in conjunction with the Global 100, rank the 200 highest-grossing firms in the world.
October 22, 2018 at 01:57 PM
3 minute read
Six big Texas firms are among the 100 firms on The American Lawyer's inaugural Global 200 ranking of the second hundred highest-grossing firms in the world. They join four other BigTex firms that are on the Global 100 and among the world's 100 highest-grossing.
Based on 2017 revenue, Haynes and Boone is ranked 113th on the Global Second Hundred, with $397.5 million in revenue. Andrews Kurth Keynon, which merged in April with Hunton & Williams, is ranked 154th, with $280.2 million in revenue, and Bracewell was close behind in the 156th spot, with $278.7 million in revenue.
Jackson Walker was 166th on the Global Second Hundred, with $249.4 million in revenue in 2017, while Winstead was 187th with $216.8 million in revenue and Thompson Knight was 191st with $212 million in revenue.
The Global 100, published last month, includes Texas firms Akin Gump Strauss Hauer & Feld, Baker Botts, Vinson & Elkins, and Locke Lord.
Like the four Texas firms on the Global 100, the six Texas firms on the Global Second Hundred also appear in this year's Am Law 100 or Am Law Second Hundred and in Texas Lawyer's Annual Report on Firm Finance, which reported on the 20 Texas firms that grossed the most in 2017.
Separately, four of the large Texas firms were ranked by lawyer head count on the Global Second Hundred. Baker Botts was ranked 103rd with 717 lawyers globally in 2017, Locke Lord ranked 109th with 664 lawyers, V&E ranked 126th with 615 lawyers, and Haynes and Boone at 147th with 545 lawyers.
Akin Gump, with 858 lawyers globally, was the only Texas firm ranked by head count in the Global 100 report.
The Global 100 and the Global Second Hundred together accounted for more than $135.6 billion in revenue in 2017, but that revenue was concentrated in the Global 100. Only $29.99 billion in total came from the Second Hundred.
For the firms in the Global Second Hundred report, some gross revenue figures for U.S. firms came from the Am Law 100 or Second Hundred. Other firms were surveyed directly for the Global 200, Legal Week's U.K. Top 100 or The American Lawyer's Asia/China report.
Further Reading:
4 Texas Firms Among the Highest Grossing in the World
Report: Texas Lawyer's 2018 Firm Finance
5 Big Texas Firms Grab Spots on Am Law 100
Six Texas Firms Among Am Law Second Hundred
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