UIDE
TO LEADING LAW FIRMS
THE AM LAW 100/200
THE GLOBAL 100
THE A-LIST
THE CORPORATE SCORECARD
UIDE
UIDE
ZEUGHAUSER GROUP’S 2015 POCKET GUIDE
TO THE AMERICAN LAWYER RANKINGS
UIDE
Dear Clients and Other Friends:
We are delighted to present you with The ZGuide to
the 2015 Am Law 200 and 2014 Global 100. These
lists may be described more accurately as “back to
the future” than as the “new normal.” Close to 10%
of the Am Law 200 comprise an elite group of firms
with a significant presence in New York City, nearly
all of them predominantly corporate. The next 25% or
so are highly successful full-service corporate firms
anxious about sustaining and enhancing their ability
to compete for top clients, work, and talent. The
balance are harder to pigeonhole into one category
or another. One could have said the same things
about the same lists a quarter-century ago. Perhaps
this is unsurprising; the 2015 Am Law 200 lists reflect
the return to a healthy U.S economy dominated by
healthy large-cap companies and financial institutions.
Digging under the numbers, though, little remains
the same. Now the top 200 nearly always compete for
work on every matter, and costs and fee arrangements
are nearly always material drivers of client hiring
decisions. Client work commonly spans the globe.
What was once a seller’s market for first-year associates
has been disrupted and, according to some pundits, is
• ZGuide •
evaporating. Summer associate programs, once a series
More change lies ahead for Big Law. According to
of indulgent recruiting events designed to produce high
McKinsey, there are 8,000 large companies in the world
yields, are now real work-a-thons, shrinking in size and,
today (companies with over $1 billion in revenue).
in some instances, disappearing. An army of contract
Over the next ten years, as the rebalancing of the global
lawyers, augmented with LPOs and e-discovery
economy and its shift to Asia comes to fruition, 7,000
companies, has replaced brigades of young associates.
new large companies will be added to the mix. Just
Fourteen- and fifteen-year tracks to full equity
shy of 5,000 of them will be in emerging economies;
partnership abound. The gap between high-earning and
almost 3,000 of those will be in China alone. Twenty
low-earning partners in any given firm is likely double
percent of the Fortune 500 will be in China. Disneyland
or more what it was a quarter-century ago. The legal
will open in Shanghai next year. Three hundred and
industry has been restructured, and it isn’t over yet.
thirty million people will live within a three- hour
Perhaps the most stunning event of 2014 was
Dacheng Denton’s formation of a 6,000-lawyer
firm that has proclaimed a growth strategy, which,
drive of the new amusement park. Metaphorically,
China will be Big Law’s new Disneyland.
History often predicts the future. In each year’s
if achieved, will make it 10,000 lawyers in short
ZGuide, we espouse our belief that market leadership
order. Suddenly, much of the Am Law 200 seem like
will become a still stronger imperative not just for
Small Law, not Big Law. The next-largest firms in
success, but for sustainability, and that relentless
an industry that has been consolidating slowly for
focus on being at the top will be the only solve for
nearly three decades seem to have acquired a sense
surviving the legal industry’s crucible of change.
of urgency to get much bigger much more quickly.
We also reiterate the imperative of surpassing the
Size (relative to market) has emerged alongside
expectations of increasingly sophisticated clients and
profitability as a major driver of success, particularly
maintaining high levels of profitability. We underscore
for the “nifty fifty” occupying the second tier.
those imperatives again here. For firms that achieve
Stirring the pot, The American Lawyer and Citibank,
the granddaddies of law firm rankings and peer group
market leadership, the opportunities remain boundless.
In 2015 we are evermore grateful to our clients,
studies, have redefined financial success. The former
the many Am Law 200 and Global 100 firms
has introduced profits per lawyer as a new metric,
that participate in our Chair, COO, and CMO
and the latter now is underscoring contribution per
Roundtables, and our many other friends in the
lawyer as a key metric. The upshot is that after two
industry for your interest in and enduring support
decades of the industry simultaneously attacking
of our work. We also want to express our gratitude
and embracing profits per equity partner as a key
for your extraordinary contributions of time and
metric of success, the deck has been shuffled. The new
money to pro bono representations and to your
metrics have created a new set of winners and losers.
communities across the globe. You inspire us. We
• ZGuide •
• ZGuide •
join all of you in your belief that these contributions
are essential underpinnings of your success and
the success of the legal system we cherish.
We look forward to working with you in choosing,
Table of Contents
achieving, and sustaining market leadership!
Sincerely,
Ron Beard R. Bruce McLean
Norm Rubenstein
Jack Walker The Am Law 200
Ranked by Profits Per Equity Partner . . . . . . . . . . . . . . . . . . . 4
Mary K Young
Peter Zeughauser The Am Law 200
Ranked by Value Per Lawyer . . . . . . . . . . . . . . . . . . . . . . . . . 24
Lonnie Zwerin
Methodology
The Global 100 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Kent Zimmermann
© ALM Media Properties, LLC and Zeughauser Group, LLC
Chart information reprinted with permission from the April, May, June, August 2015 and October 2014 issues
of The American Lawyer (The Am Law 100, The Am Law 200, The Corporate Scorecard, The A-List, and
The Global 100).
© 2014 and 2015 ALM Media Properties, LLC
Methodology
The Am Law 200, The A-List . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
The Global 100
Ranked by Profits Per Equity Partner . . . . . . . . . . . . . . . . . 36
Methodology
The Corporate Scorecard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46
The Corporate Scorecard
Mergers and Acquisitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48
Buyouts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
U.S. IPOs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
Equities by U.S. Corporations . . . . . . . . . . . . . . . . . . . . . . . . . 50
Investment-Grade Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51
High-Yield Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
Project Finance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
Law Firm Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54
• ZGuide •
ZGuide • 1
The Am Law 200
Methodology
The Am Law 200 is reported by ALM Media‘s
publications throughout the United States, including
The American Lawyer, The Connecticut Law Tribune,
Daily Business Review (Miami), Daily Report
(Atlanta), The Legal Intelligencer (Philadelphia), The
National Law Journal/Legal Times, The New Jersey
Law Journal, The Recorder (San Francisco), and
Texas Lawyer.
Most law firms provide their financials voluntarily for
this report, but all data, whether it comes officially
from the firm or not, is investigated by reporters.
Definitions
Gross revenue is fee income from legal work only. It does not
include disbursements or income from nonlegal ancillary
businesses. Net is compensation paid to equity partners.
Equity partners are those who receive no more than half their
compensation on a fixed-income basis. Nonequity partners
are those who receive more than half their compensation on
a fixed-income basis. Retired partners and of counsel are not
counted as partners.
Lawyer numbers are full-time-equivalent figures for the 2014
calendar year taken from The National Law Journal ’s most
recent NLJ 350 survey. Temp and contract attorneys are not
included.
Calculations
• Gross Revenue is rounded to the nearest $500,000.
• Profits Per Equity Partner, Revenue Per Lawyer, and
Compensation Average, All Partners are rounded to the
nearest $5,000.
2 • ZGuide
• Profits Per Equity Partner (PPEP) is calculated by dividing
net operating income by the number of equity partners.
• Revenue Per Lawyer (RPL) is calculated by dividing gross
revenue by the number of lawyers.
• Compensation Average, All Partners, is the net operating
income plus fixed-income compensation to nonequity partners divided by the number of equity and nonequity partners.
• Value Per Lawyer (VPL) is calculated by dividing the net
operating income plus fixed-income compensation to nonequity partners by the total number of lawyers. That number is then divided into $10 million to determine how many
lawyers it takes to generate that amount.
Location of Firms
Some firms are identified as “international” or “national,”
rather than identifying them by city, according to the
percentage of the firm‘s attorneys in various regions of the
country and the percentage who work outside the United
States. Those breakouts are obtained from the most recent
National Law Journal NLJ 350 survey. If 40 percent or more
of the firm‘s lawyers were located outside the U.S., the firm is
identified as “international.” If no more than 45 percent of the
firm‘s attorneys were located in any one region of the country,
the firm is identified as “national.”
Vereins are broken out separately because their organizational
structure, particularly regarding profit sharing, differs
significantly from that of traditionally structured Am Law firms.
The A-List
The A-List, comprised of just 20 firms, is determined by rankings
in four surveys — The American Lawyer‘s Revenue Per Lawyer
(from the Am Law 200), Pro Bono, and Midlevel Associate
Surveys, and The Minority Law Journal ‘s Diversity Scorecard.
To determine each firm‘s score, points are doubled for both
Revenue Per Lawyer and Pro Bono rankings and then added
to the scores for the Midlevel Associate Survey and Diversity
Scorecard rankings.
Additional information about the A-List is available on
americanlawyer.com and in the August 2015 issue of The
American Lawyer.
u
ZGuide • 3
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
1
2
2
3
5
4
4
5
6
6
3
7
8
8
9
9
7
10
12
11
13
12
11
13
10
14
14
15
17
16
37
17
16
18
19
19
24
20
18
4 • ZGuide
Wachtell, Lipton, Rosen & Katz
267 Lawyers, 83 Equity Partners, New York
Quinn Emanuel Urquhart & Sullivan
710 Lawyers, 147 Equity Partners, National
Paul, Weiss, Rifkind, Wharton & Garrison
943 Lawyers, 135 Equity Partners, New York
Sullivan & Cromwell
805 Lawyers, 170 Equity Partners, New York
Irell & Manella 
159 Lawyers, 45 Equity Partners, Los Angeles
Cahill Gordon & Reindel
327 Lawyers, 62 Equity Partners, New York
Kirkland & Ellis 
1,576 Lawyers, 337 Equity Partners, National
Simpson Thacher & Bartlett
929 Lawyers, 187 Equity Partners, New York
Cravath, Swaine & Moore
442 Lawyers, 91 Equity Partners, New York
Davis Polk & Wardwell
871 Lawyers, 153 Equity Partners, New York
Cleary Gottlieb Steen & Hamilton 
1,178 Lawyers, 185 Equity Partners, International
Gibson, Dunn & Crutcher 
1,204 Lawyers, 292 Equity Partners, National
Boies, Schiller & Flexner
282 Lawyers, 43 Equity Partners, National
Skadden, Arps, Slate, Meagher & Flom 
1,654 Lawyers, 383 Equity Partners, National
Latham & Watkins 
2,100 Lawyers, 457 Equity Partners, National
BuckleySandler
142 Lawyers, 32 Equity Partners, Washington, DC
Milbank, Tweed, Hadley & McCloy 
614 Lawyers, 144 Equity Partners, New York
Willkie Farr & Gallagher
554 Lawyers, 138 Equity Partners, New York
Weil, Gotshal & Manges 
1,072 Lawyers, 171 Equity Partners, National
Debevoise & Plimpton 
615 Lawyers, 134 Equity Partners, New York
Revenue Per
Lawyer
RPL Rank
PPEP Rank 2014
1
Firm
Lawyers, Partners, Location
Am Law 200 Rank
PPEP Rank 2015
Names of firms ranked 101 to 200 on The Am Law 200 are in bold.
Firms noted with a star () are on The American Lawyer's “A-List.” (See the methodology on pages 2 and 3.)
Compensation
Average,
All Partners
44
$2,630,000
1
$5,500,000
$1,103,500,000
23
$1,555,000
3
$3,865,000
$3,845,000
$1,036,500,000
26
$1,100,000
27
$3,845,000
$3,680,000
$1,276,000,000
13
$1,585,000
2
$3,680,000
$3,625,000
$247,500,000
125
$1,555,000
3
$3,625,000
$3,615,000
$380,000,000
82
$1,165,000
18
$3,310,000
$3,510,000
$2,150,000,000
5
$1,365,000
8
$1,870,000
$3,485,000
$1,245,500,000
17
$1,340,000
9
$3,485,000
$3,365,000
$648,000,000
52
$1,465,000
5
$3,365,000
$3,295,000
$1,072,000,000
24
$1,230,000
14
$3,295,000
$3,230,000
$1,250,000,000
16
$1,060,000
32
$3,230,000
$3,045,000
$1,466,000,000
11
$1,215,000
16
$2,725,000
$3,025,000
$345,000,000
91
$1,225,000
15
$1,590,000
$2,905,000
$2,315,000,000
4
$1,400,000
6
$2,905,000
$2,900,000
$2,612,000,000
1
$1,245,000
11
$2,350,000
$2,815,000
$155,000,000
165
$1,090,000
28
$2,815,000
$2,745,000
$761,000,000
40
$1,240,000
12
$2,645,000
$2,560,000
$640,000,000
55
$1,155,000
19
$2,560,000
$2,405,000
$1,151,000,000
20
$1,075,000
29
$1,890,000
$2,380,000
$710,500,000
41
$1,155,000
19
$2,380,000
Profits Per
Equity Partner
Gross Revenue
$5,500,000
$702,500,000
$4,925,000
ZGuide • 5
The Am Law 200
21
22
23
23
22
23
20
25
15
26
25
27
25
28
28
29
27
30
54
31
35
32
35
33
31
33
32
35
30
36
29
37
43
38
41
38
33
40
39
6 • ZGuide
Paul Hastings 
873 Lawyers, 197 Equity Partners, National
King & Spalding
886 Lawyers, 170 Equity Partners, National
Dechert
877 Lawyers, 163 Equity Partners, National
Schulte Roth & Zabel
351 Lawyers, 84 Equity Partners, New York
Cadwalader, Wickersham & Taft
452 Lawyers, 56 Equity Partners, New York
Hughes Hubbard & Reed 
332 Lawyers, 77 Equity Partners, New York
Proskauer Rose
721 Lawyers, 172 Equity Partners, New York
White & Case
1,878 Lawyers, 275 Equity Partners, International
Sidley Austin
1,761 Lawyers, 306 Equity Partners, National
Kasowitz, Benson, Torres & Friedman
337 Lawyers, 51 Equity Partners, New York
Ropes & Gray 
1,041 Lawyers, 268 Equity Partners, National
Vinson & Elkins
624 Lawyers, 144 Equity Partners, Houston
Munger, Tolles & Olson 
190 Lawyers, 85 Equity Partners, Los Angeles
Wilson Sonsini Goodrich & Rosati
670 Lawyers, 125 Equity Partners, Palo Alto
Shearman & Sterling
821 Lawyers, 157 Equity Partners, International
Akin Gump Strauss Hauer & Feld 
822 Lawyers, 189 Equity Partners, National
Fragomen, Del Rey, Bernsen & Loewy
469 Lawyers, 62 Equity Partners, International
Fried, Frank, Harris, Shriver & Jacobson
414 Lawyers, 107 Equity Partners, New York
Kramer Levin Naftalis & Frankel
308 Lawyers, 67 Equity Partners, New York
Choate Hall & Stewart
157 Lawyers, 59 Equity Partners, Boston
Profits Per
Equity Partner
Gross Revenue
RPL Rank
21
Firm
Lawyers, Partners, Location
Am Law 200 Rank
PPEP Rank 2014
PPEP Rank 2015
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
Compensation
Average,
All Partners
$2,360,000
$1,000,500,000
27
$1,145,000
22
$2,015,000
$2,355,000
$934,000,000
29
$1,055,000
34
$1,465,000
$2,315,000
$839,500,000
35
$955,000
55
$1,570,000
$2,315,000
$400,500,000
76
$1,140,000
23
$2,315,000
$2,210,000
$481,500,000
65
$1,065,000
31
$1,680,000
$2,145,000
$394,000,000
78
$1,185,000
17
$1,885,000
$2,100,000
$818,500,000
36
$1,135,000
24
$1,715,000
$2,005,000
$1,503,000,000
10
$800,000
81
$1,540,000
$1,990,000
$1,753,500,000
9
$995,000
45
$1,280,000
$1,965,000
$263,000,000
119
$780,000
86
$1,245,000
$1,930,000
$1,115,500,000
22
$1,070,000
30
$1,930,000
$1,925,000
$653,500,000
50
$1,045,000
37
$1,590,000
$1,910,000
$266,000,000
118
$1,400,000
6
$1,910,000
$1,910,000
$646,000,000
53
$965,000
53
$1,600,000
$1,905,000
$845,000,000
34
$1,030,000
41
$1,715,000
$1,885,000
$868,000,000
33
$1,055,000
34
$1,455,000
$1,835,000
$441,000,000
69
$940,000
58
$1,355,000
$1,815,000
$460,000,000
66
$1,110,000
26
$1,670,000
$1,815,000
$320,500,000
99
$1,040,000
38
$1,525,000
$1,810,000
$194,500,000
151
$1,240,000
12
$1,445,000
Revenue Per
Lawyer
ZGuide • 7
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
42
42
47
43
59
44
57
45
43
46
46
47
70
48
43
48
47
50
50
51
34
51
38
53
40
54
67
55
49
56
56
57
54
58
63
59
66
60
60
8 • ZGuide
Goodwin Procter
755 Lawyers, 189 Equity Partners, Boston
Cooley
755 Lawyers, 176 Equity Partners, Palo Alto
Baker Botts
694 Lawyers, 176 Equity Partners, Houston
Winston & Strawn
808 Lawyers, 158 Equity Partners, National
Jeffer Mangels Butler & Mitchell
128 Lawyers, 39 Equity Partners, Los Angeles
Patterson Belknap Webb & Tyler 
179 Lawyers, 48 Equity Partners, New York
Jenner & Block
401 Lawyers, 105 Equity Partners, Chicago
Curtis, Mallet-Prevost, Colt & Mosle
311 Lawyers, 26 Equity Partners, International
Morgan, Lewis & Bockius1
1,338 Lawyers, 360 Equity Partners, National
Wilmer Cutler Pickering Hale and Dorr 
926 Lawyers, 286 Equity Partners, National
O’Melveny & Myers 
663 Lawyers, 169 Equity Partners, National
Orrick, Herrington & Sutcliffe 
891 Lawyers, 141 Equity Partners, National
Alston & Bird
759 Lawyers, 146 Equity Partners, Atlanta
Fenwick & West
288 Lawyers, 85 Equity Partners, Mountain View, CA
McDermott Will & Emery
997 Lawyers, 203 Equity Partners, National
Williams & Connolly 
307 Lawyers, 118 Equity Partners, Washington, DC
Loeb & Loeb
271 Lawyers, 42 Equity Partners, National
DLA Piper
3,702 Lawyers, 448 Equity Partners, Verein
Mayer Brown
1,486 Lawyers, 280 Equity Partners, International
Greenberg Traurig
1,730 Lawyers, 299 Equity Partners, National
Revenue Per
Lawyer
RPL Rank
41
Firm
Lawyers, Partners, Location
Census numbers and financials do not include the lawyers who joined Morgan, Lewis & Bockius from the former Bingham McCutchen in late November.
Am Law 200 Rank
PPEP Rank 2014
PPEP Rank 2015
1
Compensation
Average,
All Partners
38
$1,040,000
38
$1,305,000
$802,000,000
37
$1,060,000
32
$1,415,000
$1,700,000
$653,000,000
51
$940,000
58
$1,260,000
$1,685,000
$785,500,000
38
$970,000
52
$1,090,000
$1,640,000
$107,000,000
190
$835,000
74
$1,020,000
$1,625,000
$189,000,000
155
$1,055,000
34
$1,610,000
$1,615,000
$408,000,000
74
$1,015,000
43
$1,110,000
$1,610,000
$187,000,000
156
$600,000
143
$910,000
$1,610,000
$1,317,000,000
12
$985,000
47
$1,345,000
$1,605,000
$1,071,000,000
25
$1,155,000
19
$1,605,000
$1,595,000
$665,000,000
47
$1,005,000
44
$1,540,000
$1,595,000
$877,000,000
31
$985,000
47
$1,110,000
$1,545,000
$645,500,000
54
$850,000
70
$940,000
$1,540,000
$327,000,000
97
$1,135,000
24
$1,410,000
$1,530,000
$900,000,000
30
$900,000
66
$850,000
$1,515,000
$399,000,000
77
$1,300,000
10
$1,515,000
$1,505,000
$245,500,000
127
$905,000
65
$755,000
$1,490,000
$2,480,500,000
3
$670,000
121
$835,000
$1,450,000
$1,223,000,000
18
$825,000
77
$825,000
$1,425,000
$1,270,500,000
15
$735,000
99
$765,000
Profits Per
Equity Partner
Gross Revenue
$1,745,000
$785,500,000
$1,735,000
ZGuide • 9
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
53
62
58
63
62
64
61
64
70
66
51
66
68
68
76
69
52
69
65
71
74
72
72
73
76
74
89
75
73
75
82
77
64
78
84
78
78
80
79
10 • ZGuide
Morrison & Foerster 
988 Lawyers, 261 Equity Partners, National
Kaye Scholer
368 Lawyers, 99 Equity Partners, New York
Katten Muchin Rosenman
632 Lawyers, 146 Equity Partners, National
Arnold & Porter
699 Lawyers, 233 Equity Partners, Washington, DC
Brown Rudnick
203 Lawyers, 59 Equity Partners, National
Lowenstein Sandler
275 Lawyers, 48 Equity Partners, Roseland, NJ
Sheppard, Mullin, Richter & Hampton
584 Lawyers, 114 Equity Partners, Los Angeles
Covington & Burling
774 Lawyers, 248 Equity Partners, Washington, DC
Bingham McCutchen2
715 Lawyers, 130 Equity Partners, National
Bracewell & Giuliani
450 Lawyers, 79 Equity Partners, Houston
Baker & McKenzie
4,245 Lawyers, 705 Equity Partners, Verein
Manatt, Phelps & Phillips
336 Lawyers, 60 Equity Partners, Los Angeles
Stroock & Stroock & Lavan
280 Lawyers, 91 Equity Partners, New York
Finnegan, Henderson, Farabow, Garrett & Dunner
314 Lawyers, 101 Equity Partners, Washington, DC
Hogan Lovells
2,360 Lawyers, 509 Equity Partners, Verein
Robins, Kaplan, Miller & Ciresi
213 Lawyers, 74 Equity Partners, Minneapolis
Fish & Richardson
345 Lawyers, 105 Equity Partners, National
Andrews Kurth
337 Lawyers, 87 Equity Partners, Houston
Reed Smith
1,638 Lawyers, 302 Equity Partners, National
Stevens & Lee
151 Lawyers, 47 Equity Partners, Reading, PA
Revenue Per
Lawyer
RPL Rank
61
Firm
Lawyers, Partners, Location
Bingham McCutchen ceased operations in December 2014.
Am Law 200 Rank
PPEP Rank 2014
PPEP Rank 2015
2
Compensation
Average,
All Partners
28
$980,000
51
$1,205,000
$375,000,000
83
$1,020,000
42
$1,260,000
$1,395,000
$537,500,000
63
$850,000
70
$850,000
$1,385,000
$694,500,000
45
$995,000
45
$1,385,000
$1,385,000
$191,500,000
153
$945,000
57
$1,025,000
$1,365,000
$229,500,000
131
$835,000
74
$925,000
$1,365,000
$510,500,000
64
$875,000
69
$890,000
$1,335,000
$709,000,000
43
$915,000
62
$1,335,000
$1,330,000
$665,000,000
47
$930,000
60
$885,000
$1,330,000
$337,500,000
94
$750,000
95
$795,000
$1,290,000
$2,540,000,000
2
$600,000
143
$870,000
$1,245,000
$303,000,000
108
$900,000
66
$630,000
$1,230,000
$260,500,000
120
$930,000
60
$1,230,000
$1,220,000
$309,000,000
105
$985,000
47
$1,040,000
$1,215,000
$1,779,500,000
8
$755,000
93
$965,000
$1,215,000
$210,000,000
138
$985,000
47
$1,110,000
$1,210,000
$357,500,000
88
$1,035,000
40
$885,000
$1,205,000
$307,000,000
106
$910,000
64
$850,000
$1,205,000
$1,152,000,000
19
$705,000
111
$750,000
$1,180,000
$108,500,000
187
$720,000
104
$730,000
Profits Per
Equity Partner
Gross Revenue
$1,415,000
$968,500,000
$1,410,000
ZGuide • 11
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
81
80
82
87
83
69
84
75
85
84
86
81
87
90
88
95
89
83
90
128
91
106
92
86
93
93
93
88
93
98
96
97
97
91
97
106
99
91
100
103
12 • ZGuide
Firm
Lawyers, Partners, Location
Pillsbury Winthrop Shaw Pittman
591 Lawyers, 165 Equity Partners, National
Holland & Knight
1,009 Lawyers, 172 Equity Partners, National
Chadbourne & Parke
345 Lawyers, 68 Equity Partners, New York
Wiley Rein
267 Lawyers, 75 Equity Partners, Washington, DC
Foley Hoag
229 Lawyers, 50 Equity Partners, Boston
Perkins Coie
913 Lawyers, 181 Equity Partners, Seattle
Foley & Lardner
849 Lawyers, 153 Equity Partners, National
Crowell & Moring
450 Lawyers, 97 Equity Partners, Washington, DC
Chapman and Cutler
238 Lawyers, 100 Equity Partners, Chicago
Dickstein Shapiro
200 Lawyers, 42 Equity Partners, Washington, DC
Hunton & Williams3
707 Lawyers, 212 Equity Partners, National
Sutherland Asbill & Brennan
395 Lawyers, 90 Equity Partners, National
Locke Lord4
578 Lawyers, 160 Equity Partners, Dallas
McElroy, Deutsch, Mulvaney & Carpenter
260 Lawyers, 32 Equity Partners, Morristown, NJ
Venable
564 Lawyers, 163 Equity Partners, National
Morris, Manning & Martin
156 Lawyers, 44 Equity Partners, Atlanta
McGuireWoods
939 Lawyers, 182 Equity Partners, Richmond
Winstead
312 Lawyers, 108 Equity Partners, Dallas
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo3
417 Lawyers, 61 Equity Partners, Boston
Pepper Hamilton
508 Lawyers, 139 Equity Partners, Philadelphia
Fiscal year ends on March 31. Results are projected in order to meet The Am Law 100’s publication deadline.
Locke Lord merged with Edwards Wildman Palmer in January 2015. Results are for the legacy operation only.
Revenue Per
Lawyer
RPL Rank
PPEP Rank 2014
PPEP Rank 2015
4
Am Law 200 Rank
3
Compensation
Average,
All Partners
60
$950,000
56
$880,000
$688,500,000
46
$680,000
116
$650,000
$1,110,000
$254,500,000
122
$735,000
99
$880,000
$1,105,000
$224,500,000
132
$840,000
73
$975,000
$1,100,000
$174,000,000
160
$760,000
90
$755,000
$1,095,000
$710,000,000
42
$780,000
86
$725,000
$1,065,000
$665,000,000
47
$785,000
83
$675,000
$1,030,000
$368,500,000
85
$820,000
78
$745,000
$1,015,000
$195,500,000
148
$820,000
78
$810,000
$1,010,000
$192,000,000
152
$960,000
54
$700,000
$1,000,000
$568,000,000
59
$805,000
80
$805,000
$990,000
$300,500,000
110
$760,000
90
$700,000
$970,000
$426,500,000
71
$740,000
97
$690,000
$970,000
$120,000,000
180
$460,000
192
$485,000
$970,000
$442,000,000
68
$785,000
83
$735,000
$965,000
$113,500,000
184
$725,000
103
$730,000
$960,000
$620,000,000
57
$660,000
125
$660,000
$960,000
$204,500,000
142
$655,000
128
$700,000
$955,000
$316,000,000
101
$760,000
90
$605,000
$945,000
$384,500,000
80
$755,000
93
$750,000
Profits Per
Equity Partner
Gross Revenue
$1,165,000
$560,000,000
$1,135,000
ZGuide • 13
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
PPEP Rank 2014
PPEP Rank 2015
7
101
96
102
100
103
102
104
141
105
123
106
130
107
98
108
103
109
125
109
108
111
118
112
—
113
108
114
133
114
—
114
108
114
113
118
118
118
100
118
117
14 • ZGuide
Firm
Lawyers, Partners, Location
Seyfarth Shaw
772 Lawyers, 195 Equity Partners, National
Arent Fox
346 Lawyers, 105 Equity Partners, Washington, DC
Jones Day
2,510 Lawyers, 933 Equity Partners, National
Kilpatrick Townsend & Stockton
571 Lawyers, 111 Equity Partners, Atlanta
Moore & Van Allen
276 Lawyers, 80 Equity Partners, Charlotte
Jackson Walker
328 Lawyers, 91 Equity Partners, Dallas
Steptoe & Johnson
385 Lawyers, 128 Equity Partners, Washington, DC
Duane Morris
620 Lawyers, 122 Equity Partners, National
Haynes and Boone
502 Lawyers, 129 Equity Partners, Dallas
Thompson & Knight
281 Lawyers, 90 Equity Partners, Dallas
Allen Matkins Leck Gamble Mallory & Natsis
173 Lawyers, 96 Equity Partners, Los Angeles
Squire Patton Boggs5
1,356 Lawyers, 154 Equity Partners, Verein
Barnes & Thornburg
517 Lawyers, 214 Equity Partners, Indianapolis
Brownstein Hyatt Farber Schreck
225 Lawyers, 66 Equity Partners, Denver
Carlton Fields Jorden Burt6
339 Lawyers, 74 Equity Partners, Miami
Gibbons
193 Lawyers, 31 Equity Partners, Newark
K&L Gates
1,952 Lawyers, 252 Equity Partners, National
Blank Rome
472 Lawyers, 117 Equity Partners, Philadelphia
McKenna Long & Aldridge7
454 Lawyers, 70 Equity Partners, National
Vedder Price
286 Lawyers, 132 Equity Partners, Chicago
Squire Sanders merged with Patton Boggs in June 2014 to form Squire Patton Boggs, so there is no year-over-year comparison.
Carlton Fields and Jorden Burt merged in January 2014 to form Carlton Fields Jorden Burt, so there is no year-over-year comparison.
In April, McKenna Long & Aldridge announced that it was joining the Dentons verein. Results are for the legacy operation only.
Gross Revenue
Revenue Per
Lawyer
RPL Rank
6
Am Law 200 Rank
5
Compensation
Average,
All Partners
$940,000
$555,000,000
61
$720,000
104
$630,000
$935,000
$276,500,000
117
$800,000
81
$720,000
$930,000
$1,850,000,000
6
$735,000
99
$930,000
$925,000
$411,500,000
73
$720,000
104
$655,000
$920,000
$181,000,000
157
$655,000
128
$620,000
$915,000
$214,500,000
137
$655,000
128
$570,000
$910,000
$352,500,000
89
$915,000
62
$910,000
$900,000
$428,000,000
70
$690,000
113
$560,000
$855,000
$339,000,000
92
$675,000
119
$695,000
$855,000
$201,500,000
145
$720,000
104
$655,000
$850,000
$152,500,000
166
$880,000
68
$815,000
$840,000
$870,500,000
32
$640,000
133
$525,000
$835,000
$346,000,000
90
$670,000
121
$645,000
$830,000
$166,000,000
162
$735,000
99
$605,000
$830,000
$215,500,000
136
$635,000
134
$515,000
$830,000
$110,000,000
186
$570,000
160
$485,000
$830,000
$1,145,500,000
21
$585,000
153
$475,000
$825,000
$331,000,000
96
$700,000
112
$600,000
$825,000
$305,000,000
107
$670,000
121
$515,000
$825,000
$224,500,000
132
$785,000
83
$765,000
Profits Per
Equity Partner
ZGuide • 15
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
126
121
118
123
123
124
93
124
121
126
126
126
113
126
130
129
103
130
132
131
112
132
138
133
134
133
143
135
134
136
140
137
159
138
111
139
147
140
161
16 • ZGuide
Honigman Miller Schwartz and Cohn
230 Lawyers, 127 Equity Partners, Detroit
Snell & Wilmer
406 Lawyers, 81 Equity Partners, Phoenix
Bryan Cave
977 Lawyers, 214 Equity Partners, National
Baker & Hostetler
878 Lawyers, 171 Equity Partners, National
Schiff Hardin
324 Lawyers, 96 Equity Partners, Chicago
Gardere Wynne Sewell
219 Lawyers, 62 Equity Partners, Dallas
Shook, Hardy & Bacon
458 Lawyers, 126 Equity Partners, Kansas City, MO
Troutman Sanders
593 Lawyers, 197 Equity Partners, Atlanta
Kelley Drye & Warren
277 Lawyers, 84 Equity Partners, National
Faegre Baker Daniels
672 Lawyers, 239 Equity Partners, Minneapolis
Fitzpatrick, Cella, Harper & Scinto
153 Lawyers, 51 Equity Partners, New York
Nixon Peabody
573 Lawyers, 145 Equity Partners, National
Cozen O’Connor
502 Lawyers, 146 Equity Partners, National
Goulston & Storrs
167 Lawyers, 97 Equity Partners, Boston
Gordon Rees Scully Mansukhani8
501 Lawyers, 38 Equity Partners, San Diego
Drinker Biddle & Reath
553 Lawyers, 176 Equity Partners, Philadelphia
Armstrong Teasdale
221 Lawyers, 78 Equity Partners, St. Louis
Sullivan & Worcester
156 Lawyers, 40 Equity Partners, Boston
Shutts & Bowen
235 Lawyers, 82 Equity Partners, Miami
Day Pitney
255 Lawyers, 91 Equity Partners, Hartford
Gross Revenue
Revenue Per
Lawyer
RPL Rank
121
Firm
Lawyers, Partners, Location
Gordon & Rees changed its name to Gordon Rees Scully Mansukhani in January 2013.
Am Law 200 Rank
PPEP Rank 2014
PPEP Rank 2015
8
Compensation
Average,
All Partners
$820,000
$196,000,000
147
$850,000
70
$715,000
$820,000
$253,000,000
123
$625,000
138
$600,000
$815,000
$635,500,000
56
$650,000
132
$620,000
$810,000
$579,000,000
58
$660,000
125
$610,000
$810,000
$241,000,000
128
$745,000
96
$580,000
$805,000
$143,000,000
172
$655,000
128
$565,000
$805,000
$316,000,000
101
$690,000
113
$620,000
$805,000
$422,500,000
72
$715,000
108
$665,000
$780,000
$216,000,000
135
$780,000
86
$645,000
$770,000
$456,500,000
67
$680,000
116
$635,000
$765,000
$104,000,000
194
$680,000
116
$765,000
$760,000
$407,000,000
75
$710,000
109
$545,000
$740,000
$313,000,000
103
$625,000
138
$540,000
$740,000
$139,000,000
174
$830,000
76
$740,000
$735,000
$246,500,000
126
$490,000
187
$315,000
$720,000
$381,000,000
81
$690,000
113
$615,000
$715,000
$115,000,000
181
$520,000
176
$740,000
$705,000
$103,000,000
195
$660,000
125
$535,000
$700,000
$136,500,000
175
$580,000
157
$450,000
$690,000
$150,500,000
167
$590,000
148
$1,025,000
Profits Per
Equity Partner
ZGuide • 17
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
9
Fiscal year ends on March 31. Results are projected in order to meet The Am Law 100’s publication deadline.
Edwards Wildman Palmer merged with Locke Lord in January 2015. Results are for the legacy operation only.
149
142
113
143
153
144
146
144
138
146
—
147
142
147
—
147
153
150
134
151
157
151
149
153
145
154
147
155
143
156
170
156
158
158
166
158
156
158
161
18 • ZGuide
Nelson Mullins Riley & Scarborough
500 Lawyers, 155 Equity Partners, Columbia, SC
Kenyon & Kenyon
146 Lawyers, 41 Equity Partners, New York
Bradley Arant Boult Cummings
430 Lawyers, 204 Equity Partners, Birmingham
Buchanan Ingersoll & Rooney
466 Lawyers, 115 Equity Partners, Pittsburgh
Lewis Brisbois Bisgaard & Smith
891 Lawyers, 103 Equity Partners, Los Angeles
Hinckley, Allen & Snyder
145 Lawyers, 49 Equity Partners, Boston
Polsinelli
693 Lawyers, 112 Equity Partners, Kansas City, MO
Smith, Gambrell & Russell
184 Lawyers, 49 Equity Partners, Atlanta
Womble Carlyle Sandridge & Rice
494 Lawyers, 159 Equity Partners, Winston-Salem, NC
Herrick, Feinstein
136 Lawyers, 34 Equity Partners, New York
Akerman
548 Lawyers, 188 Equity Partners, Miami
Fox Rothschild9
560 Lawyers, 166 Equity Partners, Philadelphia
McCarter & English
373 Lawyers, 87 Equity Partners, Newark
Norton Rose Fulbright
3,461 Lawyers, 944 Equity Partners, Verein
Edwards Wildman Palmer10
498 Lawyers, 66 Equity Partners, Boston
Ogletree, Deakins, Nash, Smoak & Stewart
701 Lawyers, 151 Equity Partners, Los Angeles
Wilson Elser Moskowitz Edelman & Dicker
745 Lawyers, 148 Equity Partners, National
Dorsey & Whitney
500 Lawyers, 191 Equity Partners, National
Ice Miller
278 Lawyers, 122 Equity Partners, Indianapolis
Jackson Lewis
751 Lawyers, 225 Equity Partners, National
Gross Revenue
Revenue Per
Lawyer
RPL Rank
140
Firm
Lawyers, Partners, Location
Am Law 200 Rank
PPEP Rank 2014
PPEP Rank 2015
10
Compensation
Average,
All Partners
$690,000
$298,000,000
111
$595,000
147
$485,000
$680,000
$108,000,000
189
$740,000
97
$635,000
$675,000
$250,500,000
124
$585,000
153
$590,000
$670,000
$296,000,000
113
$635,000
134
$495,000
$670,000
$364,000,000
87
$410,000
199
$365,000
$660,000
$96,500,000
197
$665,000
124
$470,000
$650,000
$368,000,000
86
$530,000
172
$415,000
$650,000
$90,500,000
200
$495,000
182
$425,000
$650,000
$296,500,000
112
$600,000
143
$460,000
$645,000
$105,500,000
193
$775,000
89
$500,000
$640,000
$324,000,000
98
$590,000
148
$530,000
$640,000
$331,500,000
95
$590,000
148
$540,000
$630,000
$219,500,000
134
$590,000
148
$435,000
$625,000
$1,814,000,000
7
$525,000
174
$595,000
$620,000
$292,000,000
114
$585,000
153
$390,000
$615,000
$373,000,000
84
$530,000
172
$410,000
$615,000
$303,000,000
108
$405,000
200
$460,000
$605,000
$338,500,000
93
$675,000
119
$535,000
$605,000
$157,500,000
163
$565,000
162
$510,000
$605,000
$390,500,000
79
$520,000
176
$445,000
Profits Per
Equity Partner
ZGuide • 19
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
153
162
169
162
161
164
165
165
129
166
174
166
166
168
170
169
161
170
182
170
—
172
175
172
173
174
175
175
175
175
178
175
186
178
178
179
188
179
180
20 • ZGuide
Thompson Hine
358 Lawyers, 102 Equity Partners, Cleveland
Porter Wright Morris & Arthur
209 Lawyers, 75 Equity Partners, Columbus
Saul Ewing
245 Lawyers, 82 Equity Partners, Philadelphia
Ballard Spahr
497 Lawyers, 231 Equity Partners, Philadelphia
Sedgwick
311 Lawyers, 58 Equity Partners, San Francisco
Dykema Gossett
334 Lawyers, 70 Equity Partners, Chicago
Thompson Coburn
341 Lawyers, 152 Equity Partners, St. Louis
Stoel Rives
349 Lawyers, 122 Equity Partners, Portland, OR
Husch Blackwell
517 Lawyers, 143 Equity Partners, St. Louis
Davis Wright Tremaine
473 Lawyers, 185 Equity Partners, Seattle
Stinson Leonard Street11
459 Lawyers, 182 Equity Partners, Minneapolis
Adams and Reese
299 Lawyers, 122 Equity Partners, New Orleans
Michael Best & Friedrich
197 Lawyers, 78 Equity Partners, Milwaukee
Baker, Donelson, Bearman, Caldwell & Berkowitz
616 Lawyers, 210 Equity Partners, Memphis
Fisher & Phillips
275 Lawyers, 118 Equity Partners, National
Hinshaw & Culbertson
459 Lawyers, 106 Equity Partners, Chicago
Littler Mendelson
1,088 Lawyers, 370 Equity Partners, National
Dickinson Wright
349 Lawyers, 117 Equity Partners, Troy, MI
Clark Hill
295 Lawyers, 81 Equity Partners, Detroit
Knobbe, Martens, Olson & Bear
275 Lawyers, 141 Equity Partners, Irvine, CA
Gross Revenue
Revenue Per
Lawyer
RPL Rank
161
Firm
Lawyers, Partners, Location
Stinson Morrison Hecker and Leonard, Street and Deinard merged in January 2014, so there is no year-to-year comparison.
Am Law 200 Rank
PPEP Rank 2014
PPEP Rank 2015
11
Compensation
Average,
All Partners
$600,000
$204,500,000
142
$570,000
160
$465,000
$575,000
$123,000,000
178
$590,000
148
$415,000
$575,000
$148,000,000
169
$605,000
141
$475,000
$570,000
$312,000,000
104
$630,000
137
$570,000
$565,000
$190,000,000
154
$610,000
140
$440,000
$560,000
$178,500,000
159
$535,000
171
$390,000
$560,000
$198,000,000
146
$580,000
157
$450,000
$555,000
$205,000,000
140
$585,000
153
$455,000
$545,000
$289,000,000
115
$560,000
164
$405,000
$540,000
$285,000,000
116
$605,000
141
$455,000
$540,000
$259,000,000
121
$565,000
162
$415,000
$525,000
$157,000,000
164
$525,000
174
$420,000
$525,000
$114,000,000
182
$580,000
157
$415,000
$520,000
$318,500,000
100
$515,000
178
$455,000
$515,000
$148,000,000
169
$540,000
168
$450,000
$515,000
$209,000,000
139
$455,000
194
$340,000
$515,000
$543,500,000
62
$500,000
180
$440,000
$510,000
$172,000,000
161
$495,000
182
$390,000
$500,000
$135,000,000
176
$460,000
192
$395,000
$500,000
$195,000,000
150
$710,000
109
$490,000
Profits Per
Equity Partner
ZGuide • 21
The Am Law 200
The Largest Firms in the U.S., Ranked By Profits Per Equity Partner
Dentons joined with Dacheng in January 2015 to form the Dacheng Dentons verein. Results are for the legacy operation only.
186
182
151
182
184
184
184
185
180
186
192
186
189
186
182
189
198
190
172
191
193
192
—
192
189
194
195
194
151
196
193
197
199
197
189
199
197
200
199
22 • ZGuide
Robinson & Cole
193 Lawyers, 70 Equity Partners, Hartford
Dentons12
2,285 Lawyers, 484 Equity Partners, Decentralized (Verein)
Lewis Roca Rothgerber
222 Lawyers, 100 Equity Partners, Phoenix
Vorys, Sater, Seymour and Pease
366 Lawyers, 150 Equity Partners, Columbus
Burr & Forman
258 Lawyers, 115 Equity Partners, Birmingham
Frost Brown Todd
429 Lawyers, 163 Equity Partners, Cincinnati
Holland & Hart
436 Lawyers, 211 Equity Partners, Denver
Lathrop & Gage
289 Lawyers, 75 Equity Partners, Kansas City, MO
Miller, Canfield, Paddock and Stone
227 Lawyers, 75 Equity Partners, Detroit
Dinsmore & Shohl
443 Lawyers, 137 Equity Partners, Cincinnati
Phelps Dunbar
251 Lawyers, 108 Equity Partners, New Orleans
Greenspoon Marder
147 Lawyers, 70 Equity Partners, Fort Lauderdale
Quarles & Brady
438 Lawyers, 172 Equity Partners, Milwaukee
GrayRobinson
284 Lawyers, 153 Equity Partners, Orlando
Shumaker, Loop & Kendrick
224 Lawyers, 112 Equity Partners, Tampa
Kutak Rock
473 Lawyers, 222 Equity Partners, National
Lane Powell
151 Lawyers, 65 Equity Partners, Seattle
Williams Mullen
217 Lawyers, 73 Equity Partners, Richmond
Strasburger & Price
211 Lawyers, 70 Equity Partners, Dallas
LeClairRyan
339 Lawyers, 143 Equity Partners, National
Gross Revenue
Revenue Per
Lawyer
RPL Rank
179
Firm
Lawyers, Partners, Location
Am Law 200 Rank
PPEP Rank 2014
PPEP Rank 2015
12
Compensation
Average,
All Partners
$500,000
$106,000,000
192
$550,000
167
$465,000
$495,000
$1,275,000,000
14
$560,000
164
$380,000
$495,000
$122,500,000
179
$555,000
166
$420,000
$485,000
$179,000,000
158
$490,000
187
$445,000
$480,000
$127,000,000
177
$495,000
182
$415,000
$475,000
$204,000,000
144
$475,000
190
$370,000
$475,000
$234,500,000
130
$540,000
168
$465,000
$475,000
$147,500,000
171
$510,000
179
$345,000
$470,000
$112,000,000
185
$495,000
182
$370,000
$455,000
$195,500,000
148
$440,000
197
$355,000
$450,000
$114,000,000
182
$455,000
194
$450,000
$445,000
$93,500,000
198
$635,000
134
$445,000
$445,000
$237,500,000
129
$540,000
168
$390,000
$440,000
$142,000,000
173
$500,000
180
$410,000
$440,000
$108,500,000
187
$485,000
189
$385,000
$430,000
$205,000,000
140
$435,000
198
$385,000
$415,000
$91,000,000
199
$600,000
143
$365,000
$415,000
$107,000,000
190
$495,000
182
$405,000
$385,000
$99,000,000
196
$470,000
191
$320,000
$370,000
$150,500,000
167
$445,000
196
$290,000
Profits Per
Equity Partner
ZGuide • 23
Value Per Lawyer
Firm
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Firms noted with a star () are on The American Lawyer's “A-List.” (See the methodology on pages 2 and 3.)
Names of firms ranked 101 to 200 on The Am Law 200 are in bold.
See headnotes on the chart ranking firms by Profits Per Equity Partner for information about changes in firms' status in 2014/2015.
Lawyers Needed
to Generate
$10 Million
2015 VPL
Rank
2015 VPL
Rank
The Am Law 200, Ranked By Value Per Lawyer
Firm
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Lawyers Needed
to Generate
$10 Million
1
Wachtell, Lipton, Rosen & Katz
$1,710,000
5.85
21
Davis Polk & Wardwell
$580,000
17.24
2
Quinn Emanuel Urquhart & Sullivan
$1,090,000
9.17
22
Hughes Hubbard & Reed 
$570,000
17.54
3
Irell & Manella 
$1,025,000
9.76
23
Proskauer Rose
$565,000
17.70
4
Kirkland & Ellis 
$870,000
11.49
24
King & Spalding
$560,000
17.86
5
Munger, Tolles & Olson 
$855,000
11.70
25
Schulte Roth & Zabel
$555,000
18.02
6
Sullivan & Cromwell
$775,000
12.90
25
Vinson & Elkins
$555,000
18.02
7
Choate Hall & Stewart
$755,000
13.25
27
Paul, Weiss, Rifkind, Wharton &
Garrison
$550,000
18.18
7
Gibson, Dunn & Crutcher 
$755,000
13.25
28
Akin Gump Strauss Hauer & Feld 
$540,000
18.52
9
Cahill Gordon & Reindel
$710,000
14.08
28
Honigman Miller Schwartz
and Cohn
$540,000
18.52
9
Latham & Watkins 
$710,000
14.08
30
Goodwin Procter
$525,000
19.05
11
Simpson Thacher & Bartlett
$700,000
14.29
31
Brown Rudnick
$520,000
19.23
12
Cravath, Swaine & Moore
$690,000
14.49
31
Debevoise & Plimpton 
$520,000
19.23
13
Skadden, Arps, Slate, Meagher
& Flom 
$670,000
14.93
31
Jenner & Block
$520,000
19.23
14
Milbank, Tweed, Hadley & McCloy 
$655,000
15.27
34
Dechert
$515,000
19.42
15
Jeffer Mangels Butler &
Mitchell
$645,000
15.50
34
Kramer Levin Naftalis & Frankel
$515,000
19.42
16
BuckleySandler
$635,000
15.75
36
Baker Botts
$510,000
19.61
16
Willkie Farr & Gallagher
$635,000
15.75
37
Allen Matkins Leck Gamble
Mallory & Natsis
$505,000
19.80
18
Boies, Schiller & Flexner
$630,000
15.87
37
Cleary Gottlieb Steen & Hamilton 
$505,000
19.80
19
Paul Hastings 
$620,000
16.13
39
Day Pitney
$495,000
20.20
20
Williams & Connolly 
$585,000
17.09
39
Ropes & Gray 
$495,000
20.20
24 • ZGuide
ZGuide • 25
Value Per Lawyer
Firm
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Lawyers Needed
to Generate
$10 Million
2015 VPL
Rank
2015 VPL
Rank
The Am Law 200, Ranked By Value Per Lawyer
Firm
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Lawyers Needed
to Generate
$10 Millioni
39
Sidley Austin
$495,000
20.20
61
Katten Muchin Rosenman
$435,000
22.99
39
Stevens & Lee
$495,000
20.20
61
Sheppard, Mullin, Richter &
Hampton
$435,000
22.99
39
Weil, Gotshal & Manges 
$495,000
20.20
61
Vedder Price
$435,000
22.99
39
Wilmer Cutler Pickering Hale
and Dorr 
$495,000
20.20
64
Goulston & Storrs
$430,000
23.26
45
Fried, Frank, Harris, Shriver &
Jacobson
$490,000
20.41
64
Wilson Sonsini Goodrich & Rosati
$430,000
23.26
45
McDermott Will & Emery
$490,000
20.41
66
Barnes & Thornburg
$425,000
23.53
45
Morgan, Lewis & Bockius
$490,000
20.41
66
Covington & Burling
$425,000
23.53
45
Wiley Rein
$490,000
20.41
66
Finnegan, Henderson,
Farabow, Garrett & Dunner
$425,000
23.53
49
Chapman and Cutler
$480,000
20.83
66
Morrison & Foerster 
$425,000
23.53
49
Fenwick & West
$480,000
20.83
70
Kaye Scholer
$420,000
23.81
51
Cooley
$470,000
21.28
70
O’Melveny & Myers 
$420,000
23.81
51
Winston & Strawn
$470,000
21.28
72
Alston & Bird
$410,000
24.39
53
Arnold & Porter
$460,000
21.74
73
Greenberg Traurig
$405,000
24.69
53
Pillsbury Winthrop Shaw Pittman
$460,000
21.74
74
Shearman & Sterling
$400,000
25.00
55
Andrews Kurth
$455,000
21.98
74
Stroock & Stroock & Lavan
$400,000
25.00
55
Armstrong Teasdale
$455,000
21.98
76
Jackson Walker
$390,000
25.64
57
Fish & Richardson
$450,000
22.22
77
Morris, Manning & Martin
$385,000
25.97
57
Patterson Belknap Webb &
Tyler 
$450,000
22.22
77
Orrick, Herrington & Sutcliffe 
$385,000
25.97
57
Robins, Kaplan, Miller & Ciresi
$450,000
22.22
79
Cadwalader, Wickersham & Taft
$380,000
26.32
60
Loeb & Loeb
$440,000
22.73
79
Manatt, Phelps & Phillips
$380,000
26.32
26 • ZGuide
ZGuide • 27
Value Per Lawyer
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Lawyers Needed
to Generate
$10 Million
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Lawyers Needed
to Generate
$10 Million
2015 VPL
Rank
2015 VPL
Rank
The Am Law 200, Ranked By Value Per Lawyer
Firm
81
Bracewell & Giuliani
$375,000
26.67
100
Gardere Wynne Sewell
$340,000
29.41
81
Kasowitz, Benson, Torres &
Friedman
$375,000
26.67
100
Shutts & Bowen
$340,000
29.41
81
Winstead
$375,000
26.67
103
Bingham McCutchen
$335,000
29.85
84
Hunton & Williams
$370,000
27.03
103
Mayer Brown
$335,000
29.85
85
Locke Lord
$365,000
27.40
105
Foley & Lardner
$330,000
30.30
85
Lowenstein Sandler
$365,000
27.40
105
Pepper Hamilton
$330,000
30.30
87
Arent Fox
$360,000
27.78
107
Mintz, Levin, Cohn, Ferris,
Glovsky and Popeo
$325,000
30.77
87
Brownstein Hyatt Farber
Schreck
$360,000
27.78
107
Sutherland Asbill & Brennan
$325,000
30.77
87
Moore & Van Allen
$360,000
27.78
107
Troutman Sanders
$325,000
30.77
87
Perkins Coie
$360,000
27.78
110
Dickstein Shapiro
$320,000
31.25
87
Thompson & Knight
$360,000
27.78
110
Hogan Lovells
$320,000
31.25
92
Bradley Arant Boult Cummings
$350,000
28.57
110
Reed Smith
$320,000
31.25
92
Carlton Fields Jorden Burt
$350,000
28.57
113
Hinckley, Allen & Snyder
$315,000
31.75
92
Foley Hoag
$350,000
28.57
113
Ice Miller
$315,000
31.75
92
Schiff Hardin
$350,000
28.57
113
Thompson Coburn
$315,000
31.75
92
Venable
$350,000
28.57
116
Crowell & Moring
$310,000
32.26
97
Holland & Knight
$345,000
28.99
116
Duane Morris
$310,000
32.26
97
Jones Day
$345,000
28.99
116
Snell & Wilmer
$310,000
32.26
97
White & Case
$345,000
28.99
119
Steptoe & Johnson
$305,000
32.79
Faegre Baker Daniels
$340,000
29.41
119
Womble Carlyle Sandridge
& Rice
$305,000
32.79
100
Firm
28 • ZGuide
ZGuide • 29
Value Per Lawyer
The Am Law 200, Ranked By Value Per Lawyer
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Lawyers Needed
to Generate
$10 Million
2015 VPL
Rank
Lawyers Needed
to Generate
$10 Million
2015 VPL
Rank
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Firm
Firm
121
Seyfarth Shaw
$300,000
33.33
140
Akerman
$270,000
37.04
122
Baker & McKenzie
$295,000
33.90
140
Davis Wright Tremaine
$270,000
37.04
122
Blank Rome
$295,000
33.90
140
Dorsey & Whitney
$270,000
37.04
122
Haynes and Boone
$295,000
33.90
140
Michael Best & Friedrich
$270,000
37.04
122
Nelson Mullins Riley &
Scarborough
$295,000
33.90
145
Ballard Spahr
$265,000
37.74
126
Cozen O’Connor
$290,000
34.48
145
Gibbons
$265,000
37.74
126
McGuireWoods
$290,000
34.48
145
Saul Ewing
$265,000
37.74
128
Nixon Peabody
$285,000
35.09
148
GrayRobinson
$260,000
38.46
129
Baker & Hostetler
$280,000
35.71
148
Knobbe, Martens, Olson & Bear
$260,000
38.46
129
DLA Piper
$280,000
35.71
150
Bryan Cave
$255,000
39.22
129
Fragomen, Del Rey, Bernsen &
Loewy
$280,000
35.71
150
Chadbourne & Parke
$255,000
39.22
129
Kilpatrick Townsend & Stockton
$280,000
35.71
150
Dickinson Wright
$255,000
39.22
129
Stinson Leonard Street
$280,000
35.71
150
Fisher & Phillips
$255,000
39.22
129
Stoel Rives
$280,000
35.71
150
Fitzpatrick, Cella, Harper
& Scinto
$255,000
39.22
135
Drinker Biddle & Reath
$275,000
36.36
150
Herrick, Feinstein
$255,000
39.22
135
Kelley Drye & Warren
$275,000
36.36
150
Lewis Roca Rothgerber
$255,000
39.22
135
Shook, Hardy & Bacon
$275,000
36.36
157
Porter Wright Morris & Arthur
$250,000
40.00
135
Shumaker, Loop & Kendrick
$275,000
36.36
157
Smith, Gambrell & Russell
$250,000
40.00
135
Sullivan & Worcester
$275,000
36.36
157
Thompson Hine
$250,000
40.00
140
Adams and Reese
$270,000
37.04
160
Buchanan Ingersoll & Rooney
$245,000
40.82
30 • ZGuide
ZGuide • 31
Value Per Lawyer
The Am Law 200, Ranked By Value Per Lawyer
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Lawyers Needed
to Generate
$10 Million
2015 VPL
Rank
Lawyers Needed
to Generate
$10 Million
2015 VPL
Rank
VPL: Partner Comp/
Number of Lawyers,
FY 2014
Firm
Firm
160
Frost Brown Todd
$245,000
40.82
180
Kenyon & Kenyon
$215,000
46.51
160
Jackson Lewis
$245,000
40.82
180
Miller, Canfield, Paddock and
Stone
$215,000
46.51
160
Lane Powell
$245,000
40.82
180
Vorys, Sater, Seymour and
Pease
$215,000
46.51
160
Polsinelli
$245,000
40.82
184
Greenspoon Marder
$210,000
47.62
165
Burr & Forman
$240,000
41.67
185
LeClairRyan
$205,000
48.78
165
Holland & Hart
$240,000
41.67
185
Littler Mendelson
$205,000
48.78
165
Husch Blackwell
$240,000
41.67
185
Norton Rose Fulbright
$205,000
48.78
165
McKenna Long & Aldridge
$240,000
41.67
188
Clark Hill
$200,000
50.00
165
Quarles & Brady
$240,000
41.67
188
McElroy, Deutsch, Mulvaney
& Carpenter
$200,000
50.00
170
Kutak Rock
$235,000
42.55
188
Wilson Elser Moskowitz
Edelman & Dicker
$200,000
50.00
171
Fox Rothschild
$230,000
43.48
191
Dinsmore & Shohl
$195,000
51.28
171
K&L Gates
$230,000
43.48
191
Phelps Dunbar
$195,000
51.28
171
Lewis Brisbois Bisgaard & Smith
$230,000
43.48
191
Strasburger & Price
$195,000
51.28
171
McCarter & English
$230,000
43.48
194
Lathrop & Gage
$190,000
52.63
175
Baker, Donelson, Bearman,
Caldwell & Berkowitz
$225,000
44.44
195
Edwards Wildman Palmer
$175,000
57.14
175
Hinshaw & Culbertson
$225,000
44.44
195
Squire Patton Boggs
$175,000
57.14
175
Robinson & Cole
$225,000
44.44
197
Dentons
$165,000
60.61
178
Dykema Gossett
$220,000
45.45
198
Sedgwick
$160,000
62.50
178
Ogletree, Deakins, Nash, Smoak
& Stewart
$220,000
45.45
199
Williams Mullen
$155,000
64.52
180
Curtis, Mallet-Prevost, Colt &
Mosle
$215,000
46.51
200
Gordon Rees Scully
Mansukhani
$150,000
66.67
32 • ZGuide
ZGuide • 33
The Global 100
Methodology
The Global 100 charts rank the world’s largest law
firms by profits per equity partner, revenue, and
head count. The charts, which include data for the
fiscal year most recently published by ALM, were
published in the October 2014 issue of The American
Lawyer. Although foreign law firms differ in structure
from U.S. law firms, The American Lawyer took steps
to level the playing field. Currency conversion rates
for non-U.S. firms (except vereins) are based on the
annual average conversion rate of 2014 published by
the U.S. Federal Reserve. A total of 123 firms were
included on the global charts.
Profits Per Equity Partner
Firms are ranked by Profits Per Equity Partner (PPEP).
PPEP figures were rounded to the nearest $5,000 and
were obtained from the same sources that provided the
revenue figures. Only firms included in the Gross Revenue
or Number of Lawyers rankings were considered for PPEP
ranking.
Number of Lawyers
The ranking in the last column of the Global 100 chart
is based on the average number of full-time-equivalent
lawyers at the firm. The firms on this chart are the world’s
100 largest.
Location of Firms
Firms are identified as “international” if 40 percent or more
of their lawyers work outside their home country. Firms
identified as “national” have no more than 45 percent of
their lawyers located in one region of their home country.
The home country designation of international, verein,
and EEIG firms is based on which country contains the
most lawyers. The geographic breakdown comes from the
most recent National Law Journal survey of the 350 largest
U.S. firms (the NLJ 350), or from the firms directly if they
are not included in that report.
Vereins and European Economic Interest Groups (EEIGs)
differ structurally from other Global 100 firms, especially
in regard to profit sharing.
u
Gross Revenue
The firms ranked by Gross Revenue are the world’s 100
highest-grossing law firms. Revenue figures are rounded
to the nearest $500,000. Financial information for U.S.based law firms is obtained from The American Lawyer’s
The Am Law 100 report. All other firms were surveyed
directly.
34 • ZGuide
ZGuide • 35
The Global 100
1
2
3
4
5
6
7
8
9
9
11
12
13
14
15
16
17
18
19
20
Wachtell, Lipton, Rosen & Katz
260 Lawyers, 81 Equity Partners, New York
Quinn Emanuel Urquhart & Sullivan
673 Lawyers, 133 Equity Partners, Los Angeles
Cahill Gordon & Reindel
322 Lawyers, 62 Equity Partners, New York
Sullivan & Cromwell
804 Lawyers, 172 Equity Partners, New York
Paul, Weiss, Rifkind, Wharton & Garrison
854 Lawyers, 131 Equity Partners, New York
Cravath, Swaine & Moore
430 Lawyers, 86 Equity Partners, New York
Kirkland & Ellis
1,554 Lawyers, 334 Equity Partners, Chicago
Simpson Thacher & Bartlett
835 Lawyers, 185 Equity Partners, New York
Gibson, Dunn & Crutcher
1,154 Lawyers, 290 Equity Partners, Los Angeles
Slaughter and May
516 Lawyers, 112 Equity Partners, London
Davis Polk & Wardwell
810 Lawyers, 153 Equity Partners, New York
Cleary Gottlieb Steen & Hamilton
1,192 Lawyers, 194 Equity Partners, New York
Skadden, Arps, Slate, Meagher & Flom
1,664 Lawyers, 399 Equity Partners, New York
Cadwalader, Wickersham & Taft
437 Lawyers, 56 Equity Partners, New York
Milbank, Tweed, Hadley & McCloy
592 Lawyers, 137 Equity Partners, New York
Latham & Watkins
2,060 Lawyers, 441 Equity Partners, Los Angeles
Debevoise & Plimpton
595 Lawyers, 138 Equity Partners, New York
Willkie Farr & Gallagher
526 Lawyers, 132 Equity Partners, New York
Schulte Roth & Zabel
346 Lawyers, 84 Equity Partners, New York
Paul Hastings
889 Lawyers, 198 Equity Partners, Los Angeles
36 • ZGuide
Revenue Per Lawyer
$4,755,000
$601,000,000
63
$2,310,000
—
$4,485,000
$972,500,000
33
$1,445,000
92
$3,780,000
$386,500,000
98
$1,200,000
—
$3,675,000
$1,278,000,000
17
$1,590,000
66
$3,620,000
$934,500,000
35
$1,095,000
56
$3,290,000
$614,000,000
61
$1,430,000
—
$3,280,000
$2,016,000,000
6
$1,295,000
25
$3,165,000
$1,128,500,000
25
$1,350,000
60
$2,945,000
$1,386,500,000
15
$1,200,000
34
$2,945,000
$645,500,000
55
$1,250,000
—
$2,940,000
$975,000,000
32
$1,205,000
63
$2,875,000
$1,190,000,000
21
$1,000,000
31
$2,730,000
$2,235,000,000
4
$1,345,000
21
$2,610,000
$481,500,000
76
$1,100,000
—
$2,565,000
$706,000,000
49
$1,195,000
—
$2,490,000
$2,285,000,000
3
$1,110,000
16
$2,310,000
$688,000,000
50
$1,155,000
—
$2,235,000
$559,000,000
68
$1,065,000
—
$2,215,000
$389,000,000
94
$1,125,000
—
$2,175,000
$941,000,000
34
$1,060,000
51
Profits Per
Equity Partner
Gross Revenue
Global 100 Rank
By Lawyers
Firm
Lawyers, Partners, Location
Global 100 Rank
By Revenue
2014 Global 100
PPEP Rank
The World’s Largest Firms, Ranked By Profits Per Equity Partner
ZGuide • 37
The Global 100
21
22
23
24
25
26
26
28
29
30
31
32
33
34
35
36
36
38
39
40
Dechert
845 Lawyers, 163 Equity Partners, Philadelphia
King & Spalding
874 Lawyers, 164 Equity Partners, Atlanta
Freshfields Bruckhaus Deringer
2,334 Lawyers, 427 Equity Partners, London
Linklaters
2,195 Lawyers, 416 Equity Partners, London
Weil, Gotshal & Manges
1,157 Lawyers, 174 Equity Partners, New York
Hughes Hubbard & Reed
351 Lawyers, 76 Equity Partners, New York
Proskauer Rose
712 Lawyers, 171 Equity Partners, New York
Sidley Austin
1,696 Lawyers, 292 Equity Partners, Chicago
White & Case
1,895 Lawyers, 273 Equity Partners, New York
Akin Gump Strauss Hauer & Feld
809 Lawyers, 172 Equity Partners, Washington, DC
Shearman & Sterling
809 Lawyers, 159 Equity Partners, New York
Clifford Chance
2,480 Lawyers, 401 Equity Partners, London
Wilson Sonsini Goodrich & Rosati
620 Lawyers, 123 Equity Partners, Palo Alto
Allen & Overy
2,196 Lawyers, 444 Equity Partners, London
O'Melveny & Myers
721 Lawyers, 178 Equity Partners, Los Angeles
Ropes & Gray
1,006 Lawyers, 266 Equity Partners, Boston
Vinson & Elkins
650 Lawyers, 160 Equity Partners, Houston
Orrick, Herrington & Sutcliffe
954 Lawyers, 117 Equity Partners, San Francisco
Alston & Bird
789 Lawyers, 146 Equity Partners, Atlanta
Fried, Frank, Harris, Shriver & Jacobson
450 Lawyers, 119 Equity Partners, New York
38 • ZGuide
Revenue Per Lawyer
$2,150,000
$777,000,000
42
$920,000
58
$2,140,000
$861,500,000
39
$985,000
52
$2,115,000
$1,927,000,000
9
$825,000
11
$2,095,000
$1,963,000,000
7
$895,000
14
$2,065,000
$1,137,000,000
24
$985,000
33
$1,950,000
$396,000,000
92
$1,130,000
—
$1,950,000
$768,500,000
44
$1,080,000
89
$1,875,000
$1,601,000,000
13
$945,000
19
$1,870,000
$1,440,000,000
14
$760,000
18
$1,835,000
$828,500,000
40
$1,025,000
64
$1,800,000
$820,500,000
41
$1,015,000
64
$1,790,000
$2,125,500,000
5
$855,000
8
$1,765,000
$575,000,000
66
$925,000
100
$1,755,000
$1,930,500,000
8
$880,000
13
$1,730,000
$733,000,000
48
$1,015,000
86
$1,710,000
$997,500,000
31
$990,000
41
$1,710,000
$630,500,000
59
$970,000
98
$1,695,000
$867,500,000
38
$910,000
47
$1,665,000
$675,000,000
52
$855,000
70
$1,635,000
$458,500,000
78
$1,020,000
—
Profits Per
Equity Partner
Gross Revenue
Global 100 Rank
By Lawyers
Firm
Lawyers, Partners, Location
Global 100 Rank
By Revenue
2014 Global 100
PPEP Rank
The World’s Largest Firms, Ranked By Profits Per Equity Partner
ZGuide • 39
The Global 100
The World’s Largest Firms, Ranked By Profits Per Equity Partner
41
42
43
43
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
Goodwin Procter
769 Lawyers, 196 Equity Partners, Boston
Fragomen, Del Rey, Bernsen & Loewy
443 Lawyers, 60 Equity Partners, New York
Cooley
673 Lawyers, 173 Equity Partners, Palo Alto
Morgan, Lewis & Bockius
1,363 Lawyers, 366 Equity Partners, Philadelphia
McDermott Will & Emery
1,021 Lawyers, 192 Equity Partners, Chicago
Wilmer Cutler Pickering Hale and Dorr
988 Lawyers, 297 Equity Partners, Washington, DC
Bingham McCutchen
795 Lawyers, 145 Equity Partners, Boston
Morrison & Foerster
1,020 Lawyers, 264 Equity Partners, San Francisco
Winston & Strawn
822 Lawyers, 174 Equity Partners, Chicago
Baker Botts
681 Lawyers, 180 Equity Partners, Houston
Greenberg Traurig
1,690 Lawyers, 299 Equity Partners, New York
Arnold & Porter
720 Lawyers, 239 Equity Partners, Washington, DC
Katten Muchin Rosenman
612 Lawyers, 143 Equity Partners, Chicago
DLA Piper
3,962 Lawyers, 454 Equity Partners, London and Chicago (Verein)
Baker & McKenzie
4,245 Lawyers, 705 Equity Partners, Chicago (Verein)
Mayer Brown
1,470 Lawyers, 269 Equity Partners, Chicago
Ashurst1
1,571 Lawyers, 262 Equity Partners, London
Sheppard, Mullin, Richter & Hampton
549 Lawyers, 106 Equity Partners, Los Angeles
Hogan Lovells
2,313 Lawyers, 520 Equity Partners, London and Washington, DC (Verein)
Minter Ellison
750 Lawyers, 145 Equity Partners, Sydney
40 • ZGuide
Revenue Per Lawyer
$1,625,000
$752,500,000
46
$980,000
73
$1,610,000
$387,000,000
97
$875,000
—
$1,565,000
$674,000,000
53
$1,000,000
92
$1,565,000
$1,291,000,000
16
$945,000
28
$1,545,000
$881,000,000
37
$865,000
39
$1,500,000
$1,073,000,000
28
$1,085,000
43
$1,475,000
$762,000,000
45
$960,000
68
$1,465,000
$1,011,000,000
30
$990,000
40
$1,410,000
$741,000,000
47
$900,000
62
$1,355,000
$586,000,000
65
$860,000
91
$1,350,000
$1,230,500,000
20
$730,000
20
$1,335,000
$686,000,000
51
$955,000
87
$1,330,000
$506,000,000
73
$825,000
—
$1,325,000
$2,481,000,000
2
$625,000
2
$1,290,000
$2,540,000,000
1
$600,000
1
$1,285,000
$1,146,000,000
23
$780,000
26
$1,265,000
$916,500,000
36
$585,000
23
$1,245,000
$466,500,000
77
$850,000
—
$1,210,000
$1,717,500,000
12
$745,000
12
$1,200,000
$435,000,000
82
$580,000
77
Profits Per
Equity Partner
Gross Revenue
Global 100 Rank
By Lawyers
Firm
Lawyers, Partners, Location
Ashurst merged with Ashurst Australia in November 2013.
Global 100 Rank
By Revenue
2014 Global 100
PPEP Rank
1
ZGuide • 41
The Global 100
61
62
63
64
64
66
66
66
69
70
71
72
73
73
73
76
77
78
79
80
Loyens & Loeff
791 Lawyers, 103 Equity Partners, Rotterdam
Herbert Smith Freehills
2,091 Lawyers, 313 Equity Partners, London and Sydney
Covington & Burling
760 Lawyers, 246 Equity Partners, Washington, DC
Eversheds
1,218 Lawyers, 118 Equity Partners, London
Reed Smith
1,555 Lawyers, 295 Equity Partners, Pittsburgh
Allens
729 Lawyers, 156 Equity Partners, International
Clayton Utz
835 Lawyers, 156 Equity Partners, Sydney
Pillsbury Winthrop Shaw Pittman
591 Lawyers, 164 Equity Partners, New York
Perkins Coie
861 Lawyers, 167 Equity Partners, Seattle
Holland & Knight
956 Lawyers, 170 Equity Partners, Tampa
Foley & Lardner
844 Lawyers, 157 Equity Partners, Milwaukee
McGuireWoods
931 Lawyers, 172 Equity Partners, Richmond
Baker & Hostetler
798 Lawyers, 151 Equity Partners, Cleveland
Clyde & Co.
1,151 Lawyers, 155 Equity Partners, London
Locke Lord
536 Lawyers, 155 Equity Partners, Dallas
Seyfarth Shaw
779 Lawyers, 190 Equity Partners, Chicago
Venable
533 Lawyers, 160 Equity Partners, Washington, DC
Jones Day
2,464 Lawyers, 927 Equity Partners, Cleveland
Duane Morris
613 Lawyers, 121 Equity Partners, Philadelphia
Hunton & Williams
726 Lawyers, 216 Equity Partners, Richmond
42 • ZGuide
Revenue Per Lawyer
$1,185,000
$384,000,000
100
$485,000
69
$1,160,000
$1,251,500,000
19
$600,000
15
$1,155,000
$657,000,000
54
$865,000
74
$1,140,000
$597,000,000
64
$490,000
30
$1,140,000
$1,075,000,000
27
$690,000
24
$1,100,000
$414,000,000
87
$570,000
83
$1,100,000
$405,000,000
91
$485,000
60
$1,100,000
$543,500,000
70
$920,000
—
$1,080,000
$635,500,000
58
$740,000
54
$1,030,000
$627,000,000
60
$655,000
46
$960,000
$644,000,000
56
$765,000
59
$950,000
$609,500,000
62
$655,000
48
$935,000
$540,000,000
71
$675,000
67
$935,000
$571,000,000
67
$495,000
35
$935,000
$415,000,000
86
$775,000
—
$925,000
$540,000,000
71
$695,000
71
$905,000
$409,500,000
89
$770,000
—
$880,000
$1,766,000,000
11
$715,000
9
$875,000
$421,500,000
84
$685,000
—
$865,000
$545,000,000
69
$750,000
84
Profits Per
Equity Partner
Gross Revenue
Global 100 Rank
By Lawyers
Firm
Lawyers, Partners, Location
Global 100 Rank
By Revenue
2014 Global 100
PPEP Rank
The World’s Largest Firms, Ranked By Profits Per Equity Partner
ZGuide • 43
The Global 100
The World’s Largest Firms, Ranked By Profits Per Equity Partner
Squire Sanders joined with Patton Boggs in June 2014 to form the Squire Patton Boggs verein.
Results are for the legacy operation only.
Fulbright & Jaworski joined with Norton Rose in June 2013 to form the Norton Rose Fulbright verein.
4
SNR Denton joined with Fraser Milner Casgrain and Salans in March 2013 to form the Dentons verein.
2
82
83
84
85
86
87
88
89
90
90
92
93
94
95
96
97
98
99
100
44 • ZGuide
Simmons & Simmons
740 Lawyers, 135 Equity Partners, London
K&L Gates
1,975 Lawyers, 264 Equity Partners, Pittsburgh
Berwin Leighton Paisner
655 Lawyers, 94 Equity Partners, London
Squire Patton Boggs2
1,227 Lawyers, 132 Equity Partners, International (Verein)
Bryan Cave
985 Lawyers, 219 Equity Partners, St. Louis
CMS Legal Services
2,343 Lawyers, 503 Equity Partners, Frankfurt
Troutman Sanders
567 Lawyers, 189 Equity Partners, Atlanta
Faegre Baker Daniels
673 Lawyers, 241 Equity Partners, Minneapolis
Garrigues
1,417 Lawyers, 234 Equity Partners, Madrid
Lewis Brisbois Bisgaard & Smith
902 Lawyers, 97 Equity Partners, Los Angeles
Nixon Peabody
584 Lawyers, 162 Equity Partners, Rochester
Drinker Biddle & Reath
571 Lawyers, 187 Equity Partners, Philadelphia
Kilpatrick Townsend & Stockton
561 Lawyers, 156 Equity Partners, Atlanta
Bird & Bird
1,036 Lawyers, 92 Equity Partners, London
Taylor Wessing
927 Lawyers, 185 Equity Partners, London
Norton Rose Fulbright3
3,537 Lawyers, 997 Equity Partners, London (Verein)
DWF
750 Lawyers, 62 Equity Partners, Manchester, UK
Pinsent Masons
1,600 Lawyers, 159 Equity Partners, London
Dentons4
2,503 Lawyers, 387 Equity Partners, Decentralized (Verein)
Addleshaw Goddard
734 Lawyers, 102 Equity Partners, London
Revenue Per Lawyer
Global 100 Rank
By Lawyers
80
Firm
Lawyers, Partners, Location
Global 100 Rank
By Revenue
2014 Global 100
PPEP Rank
3
85
$570,000
80
$1,159,000,000
22
$585,000
17
$825,000
$385,500,000
99
$590,000
97
$810,000
$775,500,000
43
$630,000
29
$805,000
$643,000,000
57
$655,000
44
$765,000
$1,118,500,000
26
$475,000
10
$750,000
$394,000,000
93
$695,000
—
$735,000
$452,000,000
79
$670,000
92
$730,000
$441,000,000
80
$310,000
27
$710,000
$363,500,000
—
—
50
$710,000
$411,500,000
88
$705,000
—
$705,000
$388,000,000
96
$680,000
—
$700,000
$388,500,000
95
$695,000
—
$685,000
$406,000,000
90
$390,000
37
$665,000
$377,000,000
—
—
49
$660,000
$1,904,000,000
10
$540,000
4
$645,000
$299,000,000
—
—
77
$630,000
$505,000,000
74
$315,000
22
$625,000
$1,261,500,000
18
$505,000
7
$610,000
$268,000,000
—
—
81
Profits Per
Equity Partner
Gross Revenue
$865,000
$420,000,000
$830,000
ZGuide • 45
The Corporate Scorecard
Methodology
The Corporate Scorecard is published by The American
Lawyer each April and details the performance of the
law firms with the most active corporate finance and
capital markets practices. The data for the rankings,
culled by a number of third-party sources, is gathered
by ALM Legal Intelligence. Unless otherwise noted, data
includes only public, registered, underwritten offerings
or deals transacted in the previous calendar year,
including firmly underwritten rule 144a transactions,
but not pure private placements or the filing of shelf
registrations. Rankings are based on data reported as of
February each year.
On the charts ranking merger and acquisitions and
buyouts, firms’ primary rankings are based on the value
of the transactions or assets at filing. On all other charts,
firms are ranked by the number of issues or deals.
Mergers and Acquisitions and Buyouts data includes deals
with a North American–based target that were announced
but not necessarily completed in 2014, and are valued at $100
million or more, including debt. Only counsel to bidders that
billed more than $100,000 are given credit. In some cases, a firm’s
involvement is prorated, depending on its role, and the firm is
given partial credit. Source: Mergermarket
46 • ZGuide
IPOs include offerings by U.S. and foreign corporations in the
U.S. marketplace. Source: Thomson Reuters
Equities include worldwide issues by U.S. corporations,
including secondaries, convertible bonds, and convertible
and nonconvertible preferred stock. It excludes asset-backed
securities and REITs. Source: Thomson Reuters
Corporate Debt includes both investment-grade and highyield securities. Investment-grade debt includes securities with
a Standard & Poor’s rating equal to or greater than BBB- and a
Moody’s rating equal to or greater than Baa3, and split junk-rated
securities. High-yield debt includes securities with an S&P rating
equal to or less than BB+ and a Moody’s rating equal to or less
than Ba1, but excludes split junk-rated securities. Securities not
rated by either agency are assumed to be high yield. Both areas
exclude certificate of deposit, general term notes, and issues by
federal credit agencies, sovereigns, and national governments.
Source: Thomson Reuters
Project Finance data is based on deals signed and funded in 2014 and
includes only nonrecourse and limited recourse facilities. Firms are
credited for advising borrowers, concession awarders, commercial
lenders, multilateral lenders, export credit agencies, guarantors, and
divestors. Source: Dealogic
u
ZGuide • 47
The Corporate Scorecard
Mergers and Acquisitions
Mergers and Acquisitions (cont.)
Rank by Number
of Deals
Value
of Deals
Rank by Value
of Deals
Rank by Number
of Deals
Counsel to Principals
(in millions)
2015
2014
2015
2014
(in millions)
2015
2014
Number
of Deals
Rank by Value
of Deals
Number
of Deals
Value
of Deals
Skadden, Arps, Slate, Meagher & Flom
$490,508
1
8
133
3
3
Gibson, Dunn & Crutcher
$51,784
16
11
18
6
11
Weil, Gotshal & Manges
$371,034
2
13
101
4
6
Paul, Weiss, Rifkind, Wharton & Garrison
$51,321
17
—
12
14
—
Wachtell, Lipton, Rosen & Katz
$366,610
3
1
67
8
8
Freshfields Bruckhaus Deringer
$46,558
18
—
2
—
—
Sullivan & Cromwell
$295,306
4
12
54
14
8
Matheson
$46,397
19
—
2
—
—
Latham & Watkins
$276,894
5
7
145
2
1
Blake, Cassels & Graydon
$44,392
20
—
1
—
—
Simpson Thacher & Bartlett
$237,113
6
2
94
5
4
Davis Polk & Wardwell
$221,301
7
14
51
15
13
Cleary Gottlieb Steen & Hamilton
$217,896
8
—
55
13
13
Jones Day
$195,376
9
6
93
6
5
Richards, Layton & Finger
$163,798
10
—
37
—
—
Stikeman Elliott
$162,053
11
—
48
18
10
Slaughter and May
$161,140
12
4
21
—
—
Counsel to Financial Adviser
2015
2014
Source: Mergermarket
Buyouts
Rank by Value of Deals
Principal Counsel
Value of Deals
(in millions)
2015
Rank by Number of Deals
Number
of Deals
2015
Kirkland & Ellis
$35,350
1
42
1
$23,481
2
20
2
68
7
—
Latham & Watkins
—
40
—
—
Simpson Thacher & Bartlett
$22,379
3
15
5
10
146
1
1
Stikeman Elliott
$16,710
4
8
7
16
—
10
—
—
Weil, Gotshal & Manges
$11,038
5
16
4
17
19
43
—
—
Ropes & Gray
$8,193
6
17
3
$122,654
18
18
57
10
—
Conyers Dill & Pearman
$7,350
7
2
—
Willkie Farr & Gallagher
$121,724
19
—
44
—
17
Wilson Sonsini Goodrich & Rosati
$7,188
8
1
—
Covington & Burling
$120,864
20
—
22
—
—
Debevoise & Plimpton
$6,100
9
7
9
Osler, Hoskin & Harcourt
$5,637
10
3
—
Fried, Frank, Harris, Shriver & Jacobson
$5,255
11
9
6
Cleary Gottlieb Steen & Hamilton
$4,721
12
6
10
Rank by Number
of Deals
King & Spalding
$4,400
13
1
—
2015
2014
Paul, Weiss, Rifkind, Wharton & Garrison
$4,390
14
8
8
Loyens & Loeff
$4,100
15
2
—
Fangda Partners
$3,942
16
3
—
Vinson & Elkins
$3,920
17
5
12
Skadden, Arps, Slate, Meagher & Flom
$3,657
18
6
11
Accura
$3,200
19
1
—
Willkie Farr & Gallagher
$3,050
20
5
13
Paul, Weiss, Rifkind, Wharton & Garrison
$159,499
13
—
Baker Botts
$159,301
14
Kirkland & Ellis
$155,301
15
Arthur Cox
$140,400
Blake, Cassels & Graydon
$136,675
Ropes & Gray
Source: Mergermarket
Mergers and Acquisitions
2015
2014
Number
of Deals
Rank by Value
of Deals
Value of Deals
(in millions)
White & Case
$284,900
1
3
53
1
1
Cleary Gottlieb Steen & Hamilton
$211,926
2
17
16
8
15
Sullivan & Cromwell
$175,438
3
6
27
3
8
Shearman & Sterling
$160,758
4
12
20
4
4
Fried, Frank, Harris, Shriver & Jacobson
$144,315
5
8
20
5
3
Simpson Thacher & Bartlett
$118,595
6
9
10
16
10
Cravath, Swaine & Moore
$118,459
7
7
15
9
13
Counsel to Financial Adviser
Davis Polk & Wardwell
$102,092
8
1
30
2
2
Debevoise & Plimpton
$91,763
9
—
6
20
—
Latham & Watkins
$86,418
10
4
12
13
8
Jones Day
$70,412
11
13
4
—
—
Alston & Bird
$61,905
12
14
14
11
4
Kirkland & Ellis
$61,552
13
—
10
17
17
Skadden, Arps, Slate, Meagher & Flom
$56,818
14
20
17
7
15
Ashurst
$55,553
15
—
2
—
—
Source: Mergermarket
Source: Mergermarket
48 • ZGuide
ZGuide • 49
The Corporate Scorecard
U.S. IPOs
Equities by U.S. Corporations, Excluding IPOs (cont.)
2014
Proceeds
2015
20 14
2
$2,428
7
—
Andrews Kurth
10
17
—
$1,762
24
—
Latham & Watkins
17
2
1
$2,914
3
3
Debevoise & Plimpton
10
17
—
$6,006
8
—
Wilson Sonsini Goodrich & Rosati
15
3
2
$1,912
10
4
Ropes & Gray
10
17
—
$1,652
—
—
Vinson & Elkins
12
4
4
$6,088
1
1
Sullivan & Cromwell
10
17
—
$5,923
9
—
Kirkland & Ellis
11
5
—
$2,758
4
—
Baker Botts
9
21
—
$3,197
13
5
Skadden, Arps, Slate, Meagher & Flom
9
6
—
$1,206
15
5
Cleary Gottlieb Steen & Hamilton
9
21
—
$1,813
22
—
Fenwick & West
8
7
—
$2,212
9
—
Fenwick & West
8
23
—
$2,022
19
—
Goodwin Procter
8
7
5
$899
16
—
K&L Gates
8
23
—
$930
—
—
Ropes & Gray
7
9
—
$2,500
6
—
Paul, Weiss, Rifkind, Wharton & Garrison
8
23
—
$1,773
23
—
Simpson Thacher & Bartlett
7
9
—
$2,517
5
2
Venable
8
23
—
$472
—
—
DLA Piper
6
11
—
$616
22
—
Morgan, Lewis & Bockius
6
11
—
$327
28
—
Wilmer Cutler Pickering Hale and Dorr
6
11
—
$448
24
—
Mintz, Levin, Cohn, Ferris, Glovsky & Popeo
4
14
—
$160
—
—
Proskauer Rose
4
14
—
$492
23
—
Weil, Gotshal & Manges
4
14
—
$1,823
11
—
Issuer’s Counsel
2015
2014
(in millions)
2015
Baker Botts
3
17
—
$1,469
13
—
Davis Polk & Wardwell
59
1
3
$90,703
1
4
Conyers Dill & Pearman
3
17
—
$803
18
—
Skadden, Arps, Slate, Meagher & Flom
47
2
2
$59,675
3
2
Davis Polk & Wardwell
3
17
—
$6,065
2
—
Simpson Thacher & Bartlett
40
3
4
$51,561
5
6
Gibson, Dunn & Crutcher
3
17
—
$764
20
—
Sidley Austin
39
4
6
$23,879
7
—
K&L Gates
3
17
—
$107
—
—
Sullivan & Cromwell
38
5
1
$56,579
4
1
Sutherland Asbill & Brennan
3
17
—
$258
—
—
Cleary Gottlieb Steen & Hamilton
37
6
5
$64,505
2
5
Wachtell, Lipton, Rosen & Katz
3
17
—
$2,307
8
—
Shearman & Sterling
28
7
10
$20,658
8
9
Allen & Overy
26
8
8
$14,231
17
7
Willkie Farr & Gallagher
25
9
9
$15,443
15
—
Gibson, Dunn & Crutcher
20
10
—
$32,260
6
—
Latham & Watkins
20
10
—
$17,706
13
—
Mayer Brown
20
10
7
$15,166
16
—
White & Case
19
13
—
$16,642
14
—
Source: Thomson Reuters
Equities by U.S. Corporations, Excluding IPOs
2014
34
1
4
$9,990
4
—
Pillsbury Winthrop Shaw Pittman
17
14
—
$5,190
34
—
Vinson & Elkins
33
2
1
$10,888
2
3
Jones Day
16
15
—
$12,683
19
—
Cooley
28
3
1
$3,278
12
—
Morgan, Lewis & Bockius
16
15
—
$4,935
—
—
Skadden, Arps, Slate, Meagher & Flom
21
4
1
$5,792
10
1
Clifford Chance
15
17
—
$18,625
12
—
Wilson Sonsini Goodrich & Rosati
21
4
5
$10,174
3
4
Cravath, Swaine & Moore
15
17
—
$18,755
11
8
Kirkland & Ellis
18
6
—
$6,779
6
—
Hogan Lovells
13
19
—
$20,066
9
10
Simpson Thacher & Bartlett
18
6
—
$13,630
1
2
Linklaters
13
19
—
$8,287
24
—
Gibson, Dunn & Crutcher
16
8
—
$7,918
5
—
Paul, Weiss, Rifkind, Wharton & Garrison
12
21
—
$12,388
20
—
Sutherland Asbill & Brennan
16
8
—
$1,306
—
—
Proskauer Rose
11
22
—
$12,914
18
—
Wilmer Cutler Pickering Hale and Dorr
15
10
—
$2,704
15
—
Milbank, Tweed, Hadley & McCloy
9
23
—
$6,155
—
—
Goodwin Procter
14
11
—
$2,670
16
—
Sutherland Asbill & Brennan
9
23
—
$915
—
—
Akin Gump Strauss Hauer & Feld
13
12
—
$3,720
11
—
Baker & McKenzie
8
25
—
$1,714
—
—
Davis Polk & Wardwell
12
13
—
$6,767
7
—
Debevoise & Plimpton
8
25
—
$10,279
21
3
DLA Piper
12
13
—
$1,043
37
—
McCarthy Tetrault
8
25
—
$7,648
—
—
Morgan, Lewis & Bockius
12
13
—
$2,841
14
—
McGuireWoods
8
25
—
$9,387
22
—
Wachtell, Lipton, Rosen & Katz
11
16
—
$2,416
17
—
Vinson & Elkins
8
25
—
$5,009
—
—
Proceeds
Latham & Watkins
Issuer’s Counsel
Number of
Issues
20 14
Proceeds
Rank by
Proceeds
2015
Rank by Number
of Issues
(in millions)
Number of
Issues
Investment-Grade Debt
2014
Rank by
Proceeds
Source: Thomson Reuters
2015
Rank by Number
of Issues
Issuer’s Counsel
(in millions)
2015
1
Number of
Issues
2014
25
Proceeds
Cooley
Issuer’s Counsel
Number of
Issues
2015
Rank by
Proceeds
(in millions)
Rank by Number
of Issues
2014
Rank by
Proceeds
2015
Rank by Number
of Issues
Source: Thomson Reuters
50 • ZGuide
ZGuide • 51
The Corporate Scorecard
(in millions)
Value of
Financings
Number of
Financings
2014
Rank by
Value of
Financings
2015
Proceeds
Rank by
Number of
Financings
2014
Rank by
Proceeds
2015
Rank by Number
of Issues
(in millions)
Project Finance
Number of
Issues
High-Yield Debt
Latham & Watkins
58
1
2
$30,089
2
2
2015
2014
Allen & Overy (U.K.)
77
1
2
$33,915
1
1
Simpson Thacher & Bartlett
52
2
1
$24,320
4
1
Milbank, Tweed, Hadley & McCloy (U.S.)
72
2
5
$13,026
7
7
Kirkland & Ellis
49
3
3
$31,392
1
4
Norton Rose Fulbright (U.K. - Verein)
64
3
3
$12,324
8
6
Skadden, Arps, Slate, Meagher & Flom
37
4
4
$17,470
6
3
Clifford Chance (U.K.)
63
4
1
$16,885
4
2
Vinson & Elkins
27
5
5
$15,443
7
9
Latham & Watkins (U.S.)
52
5
4
$21,274
2
3
White & Case
27
5
10
$26,614
3
—
Herbert Smith Freehills (U.K. and Australia)
51
6
6
$17,128
3
8
Davis Polk & Wardwell
23
7
7
$17,741
5
5
White & Case (U.S.)
48
7
8
$13,384
5
5
Paul, Weiss, Rifkind, Wharton & Garrison
20
8
—
$6,684
16
10
Linklaters (U.K.)
44
8
7
$11,146
9
4
38
9
11
$13,276
6
14
—
Issuer’s Counsel
Firm
2015 2014
Shearman & Sterling
20
8
7
$13,542
8
—
Ashurst (U.K.)
Cravath, Swaine & Moore
16
10
—
$7,068
15
—
Amarchand Mangaldas (India)
36
10
—
$10,426
10
6
Desai & Diwanji (India)
35
11
19
$5,723
14
—
King & Wood Mallesons (China and Australia)
34
12
13
$6,582
13
12
Allens (International)
32
13
9
$9,531
11
10
Chadbourne & Parke (U.S.)
28
14
18
$4,089
18
—
Shearman & Sterling (U.S.)
28
14
12
$4,135
16
11
DLA Piper (U.K. and U.S. - Verein)
25
16
—
$4,094
17
—
Baker & McKenzie (U.S. - Verein)
24
17
17
$9,102
12
—
Davis Polk & Wardwell (U.S.)
24
17
14
$3,360
20
—
Pinheiro Neto Advogados (Brazil)
21
19
—
$1,688
23
—
Watson Farley & Williams (U.K.)
21
19
—
$1,639
24
—
Link Legal India Law Services (India)
20
21
—
$2,816
21
—
Simpson Thacher & Bartlett (U.S.)
20
21
—
$4,475
15
—
Machado, Meyer, Sendacz & Opice (Brazil)
18
23
—
$2,150
22
—
17
24
—
$1,324
26
—
Gibson, Dunn & Crutcher
16
10
—
$10,935
9
Linklaters
15
12
—
$8,518
14
—
Cleary Gottlieb Steen & Hamilton
14
13
—
$8,623
13
—
Sullivan & Cromwell
12
14
6
$9,216
11
7
Milbank, Tweed, Hadley & McCloy
11
15
—
$4,403
19
—
Akin Gump Strauss Hauer & Feld
10
16
—
$4,825
17
—
Allen & Overy
10
16
—
$9,831
10
—
Baker & McKenzie
9
18
—
$2,470
—
—
Jones Day
9
18
—
$4,616
18
8
Winston & Strawn
9
18
—
$3,100
—
—
Andrews Kurth
8
21
—
$2,161
—
—
DLA Piper
8
21
—
$2,874
—
—
Fried, Frank, Harris, Shriver & Jacobson
8
21
—
$1,444
—
—
Sidley Austin
8
21
—
$3,374
23
—
Mattos Filho, Veiga Filho, Marrey Jr &
Quiroga (Brazil)
Weil, Gotshal & Manges
8
21
—
$3,053
—
—
R & A Legal Advocates (India)
17
24
—
$930
29
—
Mayer Brown (U.S.)
15
26
—
$3,719
19
—
SJ Law Advocates & Solicitors (India)
15
26
—
$1,288
27
—
Eversheds (U.K.)
14
28
—
$493
30
—
Torys (Canada)
14
28
—
$1,490
25
—
Salans FMC SNR Denton Group (Decentralized
Verein)
13
30
—
$1,196
28
—
Source: Thomson Reuters
Source: Dealogic
52 • ZGuide
ZGuide • 53
Law Firm Index
A
Accura, 49
Adams and Reese, 20, 30
Addleshaw Goddard, 44
Akerman, 18, 31
Akin Gump Strauss Hauer & Feld, 6, 25, 38, 50, 52
Allen & Overy, 38, 51, 52, 53
Allen Matkins Leck Gamble Mallory & Natsis, 14, 25
Allens, 42, 53
Alston & Bird, 8, 27, 38, 48
Amarchand Mangaldas, 53
Andrews Kurth, 10, 26, 51, 52
Arent Fox, 14, 28
Armstrong Teasdale, 16, 26
Arnold & Porter, 10, 26, 40
Arthur Cox, 48
Ashurst, 40, 48, 53
B
Baker & Hostetler, 16, 30, 42
Baker & McKenzie, 10, 30, 40, 51, 52, 53
Baker Botts, 8, 25, 40, 48, 50, 51
Baker, Donelson, Bearman, Caldwell & Berkowitz, 20, 32
Ballard Spahr, 20, 31
Barnes & Thornburg, 14, 27
Berwin Leighton Paisner, 44
Bingham McCutchen, 10, 29, 40
Bird & Bird, 44
Blake, Cassels & Graydon, 48, 49
Blank Rome, 14, 30
Boies, Schiller & Flexner, 4, 24
Bracewell & Giuliani, 10, 28
Bradley Arant Boult Cummings, 18, 28
Brown Rudnick, 10, 25
Brownstein Hyatt Farber Schreck, 14, 28
Bryan Cave, 16, 31, 44
Buchanan Ingersoll & Rooney, 18, 31
BuckleySandler, 4, 24
Burr & Forman, 22, 32
C
Cadwalader, Wickersham & Taft, 6, 27, 36
Cahill Gordon & Reindel, 4, 24, 36
Carlton Fields Jorden Burt, 14, 28
Chadbourne & Parke, 12, 31, 53
Chapman and Cutler, 12, 26
Choate Hall & Stewart, 6, 24
54 • ZGuide
Clark Hill, 20, 33
Clayton Utz, 42
Cleary Gottlieb Steen & Hamilton, 4, 25, 36, 48, 49, 51, 52
Clifford Chance, 38, 51, 53
Clyde & Co., 42
CMS Legal Services, 44
Conyers Dill & Pearman, 49, 50
Cooley, 8, 26, 40, 50
Covington & Burling, 10, 27, 42, 48
Cozen O’Connor, 16, 30
Cravath, Swaine & Moore, 4, 24, 36, 48, 51, 52
Crowell & Moring, 12, 29
Curtis, Mallet-Prevost, Colt & Mosle, 8, 32
D
Davis Polk & Wardwell, 4, 25, 36, 48, 50, 51, 52, 53
Davis Wright Tremaine, 20, 31
Day Pitney, 16, 25
Debevoise & Plimpton, 4, 25, 36, 48, 49, 51
Dechert, 6, 25, 38
Dentons, 22, 33, 44
Desai & Diwanji, 53
Dickinson Wright, 20, 31
Dickstein Shapiro, 12, 29
Dinsmore & Shohl, 22, 33
DLA Piper, 8, 30, 40, 50, 52, 53
Dorsey & Whitney, 18, 31
Drinker Biddle & Reath, 16, 30, 44
Duane Morris, 14, 29, 42
DWF, 44
Dykema Gossett, 20, 32
E
Edwards Wildman Palmer, 18, 33
Eversheds, 42, 53
F
Faegre Baker Daniels, 16, 28, 44
Fangda Partners, 49
Fenwick & West, 8, 26, 50, 51
Finnegan, Henderson, Farabow, Garrett & Dunner, 10, 27
Fish & Richardson, 10, 26
Fisher & Phillips, 20, 31
Fitzpatrick, Cella, Harper & Scinto, 16, 31
Foley & Lardner, 12, 29, 42
Foley Hoag, 12, 28
Fox Rothschild, 18, 32
Fragomen, Del Rey, Bernsen & Loewy, 6, 30, 40
Freshfields Bruckhaus Deringer, 38, 49
Fried, Frank, Harris, Shriver & Jacobson, 6, 26, 38, 48, 49, 52
Frost Brown Todd, 22, 32
G
Gardere Wynne Sewell, 16, 29
Garrigues, 44
Gibbons, 14, 31
Gibson, Dunn & Crutcher, 4, 24, 36, 49, 50, 51, 52
Goodwin Procter, 8, 25, 40, 50
Gordon Rees Scully Mansukhani, 16, 33
Goulston & Storrs, 16, 27
ZGuide • 55
Law Firm Index
GrayRobinson, 22, 31
Greenberg Traurig, 8, 27, 40
Greenspoon Marder, 22, 33
H
Haynes and Boone, 14, 30
Herbert Smith Freehills, 42, 53
Herrick, Feinstein, 18, 31
Hinckley, Allen & Snyder, 18, 29
Hinshaw & Culbertson, 20, 32
Hogan Lovells, 10, 29, 40, 51
Holland & Hart, 22, 32
Holland & Knight, 12, 28, 42
Honigman Miller Schwartz and Cohn, 16, 25
Hughes Hubbard & Reed, 6, 25, 38
Hunton & Williams, 12, 28, 42
Husch Blackwell, 20, 32
I
Ice Miller, 18, 29
Irell & Manella, 4, 24
J
M
Machado, Meyer, Sendacz & Opice, 53
Manatt, Phelps & Phillips, 10, 27
Matheson, 49
Mattos Filho, Veiga Filho, Marrey Jr & Quiroga, 53
Mayer Brown, 8, 29, 40, 51, 53
McCarter & English, 18, 32
McCarthy Tetrault, 51
McDermott Will & Emery, 8, 26, 40
McElroy, Deutsch, Mulvaney & Carpenter, 12, 33
McGuireWoods, 12, 30, 42, 51
McKenna Long & Aldridge, 14, 32
Michael Best & Friedrich, 20, 31
Milbank, Tweed, Hadley & McCloy, 4, 24, 36, 51, 52, 53
Miller, Canfield, Paddock and Stone, 22, 33
Minter Ellison, 40
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, 12, 29, 50
Moore & Van Allen, 14, 28
Morgan, Lewis & Bockius, 8, 26, 40, 50, 51
Morris, Manning & Martin, 12, 27
Morrison & Foerster, 10, 27, 40
Munger, Tolles & Olson, 6, 24
Jackson Lewis, 18, 32
Jackson Walker, 14, 27
Jeffer Mangels Butler & Mitchell, 8, 24
Jenner & Block, 8, 25
Jones Day, 14, 28, 42, 48, 51, 52
N
K
Ogletree, Deakins, Nash, Smoak & Stewart, 18, 32
O’Melveny & Myers, 8, 27, 38
Orrick, Herrington & Sutcliffe, 8, 27, 38
Osler, Hoskin & Harcourt, 49
K&L Gates, 14, 32, 44, 50, 51
Kasowitz, Benson, Torres & Friedman, 6, 28
Katten Muchin Rosenman, 10, 27, 40
Kaye Scholer, 10, 27
Kelley Drye & Warren, 16, 30
Kenyon & Kenyon, 18, 33
Kilpatrick Townsend & Stockton, 14, 30, 44
King & Spalding, 6, 25, 38, 49
King & Wood Mallesons, 53
Kirkland & Ellis, 4, 24, 36, 48, 49, 50, 52
Knobbe, Martens, Olson & Bear, 20, 31
Kramer Levin Naftalis & Frankel, 6, 25
Kutak Rock, 22, 32
L
Lane Powell, 22, 32
Latham & Watkins, 4, 24, 36, 48, 49, 50, 51, 52, 53
Lathrop & Gage, 22, 33
LeClairRyan, 22, 33
Lewis Brisbois Bisgaard & Smith, 18, 32, 44
Lewis Roca Rothgerber, 22, 31
Link Legal India Law Services, 53
Linklaters, 38, 51, 52, 53
Littler Mendelson, 20, 33
Locke Lord, 12, 28, 42
Loeb & Loeb, 8, 26
Lowenstein Sandler, 10, 28
Loyens & Loeff, 42, 49
56 • ZGuide
Nelson Mullins Riley & Scarborough, 18, 30
Nixon Peabody, 16, 30, 44
Norton Rose Fulbright, 18, 33, 44, 53
O
P
Patterson Belknap Webb & Tyler, 8, 26
Paul Hastings, 6, 24, 36
Paul, Weiss, Rifkind, Wharton & Garrison, 4, 25, 36, 48, 49, 51, 52
Pepper Hamilton, 12, 29
Perkins Coie, 12, 28, 42
Phelps Dunbar, 22, 33
Pillsbury Winthrop Shaw Pittman, 12, 26, 42, 51
Pinheiro Neto Advogados, 53
Pinsent Masons, 44
Polsinelli, 18, 32
Porter Wright Morris & Arthur, 20, 31
Proskauer Rose, 6, 25, 38, 50, 51
Q
Quarles & Brady, 22, 32
Quinn Emanuel Urquhart & Sullivan, 4, 24, 36
R
R & A Legal Advocates, 53
Reed Smith, 10, 29, 42
Richards, Layton & Finger, 48
Robins, Kaplan, Miller & Ciresi, 10, 26
Robinson & Cole, 22, 32
Ropes & Gray, 6, 25, 38, 48, 49, 50, 51
ZGuide • 57
Law Firm Index
Notes
S
Salans FMC SNR Denton Group, 53
Saul Ewing, 20, 31
Schiff Hardin, 16, 28
Schulte Roth & Zabel, 6, 25, 36
Sedgwick, 20, 33
Seyfarth Shaw, 14, 30, 42
Shearman & Sterling, 6, 27, 38, 48, 51, 52, 53
Sheppard, Mullin, Richter & Hampton, 10, 27, 40
Shook, Hardy & Bacon, 16, 30
Shumaker, Loop & Kendrick, 22, 30
Shutts & Bowen, 16, 29
Sidley Austin, 6, 26, 38, 51, 52
Simmons & Simmons, 44
Simpson Thacher & Bartlett, 4, 24, 36, 48, 49, 50, 51, 52, 53
SJ Law Advocates & Solicitors, 53
Skadden, Arps, Slate, Meagher & Flom, 4, 24, 36, 48, 49, 50, 51, 52
Slaughter and May, 36, 48
Smith, Gambrell & Russell, 18, 31
Snell & Wilmer, 16, 29
Squire Patton Boggs, 14, 33, 44
Steptoe & Johnson, 14, 29
Stevens & Lee, 10, 26
Stikeman Elliott, 48, 49
Stinson Leonard Street, 20, 30
Stoel Rives, 20, 30
Strasburger & Price, 22, 33
Stroock & Stroock & Lavan, 10, 27
Sullivan & Cromwell, 4, 24, 36, 48, 51, 52
Sullivan & Worcester, 16, 30
Sutherland Asbill & Brennan, 12, 29, 50, 51
T
Taylor Wessing, 44
Thompson & Knight, 14, 28
Thompson Coburn, 20, 29
Thompson Hine, 20, 31
Torys, 53
Troutman Sanders, 16, 29, 44
V
Vedder Price, 14, 27
Venable, 12, 28, 42, 51
Vinson & Elkins, 6, 25, 38, 49, 50, 51, 52
Vorys, Sater, Seymour and Pease, 22, 33
W
Wachtell, Lipton, Rosen & Katz, 4, 24, 36, 48, 50
Watson Farley & Williams, 53
Weil, Gotshal & Manges, 4, 26, 38, 48, 49, 50, 52
White & Case, 6, 28, 38, 48, 51, 52, 53
Wiley Rein, 12, 26
Williams & Connolly, 8, 24
Williams Mullen, 22, 33
Willkie Farr & Gallagher, 4, 24, 36, 48, 49, 51
Wilmer Cutler Pickering Hale and Dorr, 8, 26, 40, 50
Wilson Elser Moskowitz Edelman & Dicker, 18, 33
Wilson Sonsini Goodrich & Rosati, 6, 27, 38, 49, 50
Winstead, 12, 28
Winston & Strawn, 8, 26, 40, 52
Womble Carlyle Sandridge & Rice, 18, 29
58 • ZGuide
ZGuide • 59
Notes
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60 • ZGuide
ZGuide • 61
DE
UIDE
RON BEARD
[email protected]
t: 949•360•0122
m: 949•887•3296
R. BRUCE MCLEAN
[email protected]
m: 202•297•8789
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t: 949•760•6800
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ZEUGHAUSER GROUP’S 2015 POCKET GUIDE TO LEADING LAW FIRMS
DE