This is a list of American law firms by profits per equity partner (PPEP, sometimes reported as profits per partner or PPP) in 2022.[1]
| Rank by PPEP | Firm | 2021/2022 PPEP | Equity partners |
|---|---|---|---|
| 1 | Wachtell, Lipton, Rosen & Katz | $8,400,000 | 91 |
| 2 | Kirkland & Ellis | $7,388,000 | 490 |
| 3 | Davis Polk & Wardwell | $7,010,000 | 161 |
| 4 | Sullivan & Cromwell | $6,366,000 | 165 |
| 5 | Paul, Weiss, Rifkind, Wharton & Garrison | $6,162,000 | 168 |
| 6 | Simpson Thacher & Bartlett | $5,980,000 | 203 |
| 7 | Cravath, Swaine & Moore | $5,803,000 | 97 |
| 8 | Quinn Emanuel Urquhart & Sullivan | $5,746,000 | 173 |
| 9 | Latham & Watkins | $5,705,000 | 550 |
| 10 | Cahill Gordon & Reindel | $5,533,000 | 65 |
| 11 | Weil, Gotshal & Manges | $5,181,000 | 182 |
| 12 | Skadden, Arps, Slate, Meagher & Flom | $5,088,000 | 321 |
| 13 | Milbank | $5,033,000 | 163 |
| 14 | Debevoise & Plimpton | $5,011,000 | 143 |
| 15 | Paul Hastings | $4,703,000 | 177 |
| 16 | Cleary Gottlieb Steen & Hamilton | $4,700,000 | 165 |
| 17 | Gibson, Dunn & Crutcher | $4,400,000 | 351 |
| 18 | Cadwalader, Wickersham & Taft | $4,382,000 | 60 |
| 19 | King & Spalding | $4,374,000 | 205 |
| 20 | Ropes & Gray | $4,333,000 | 268 |