This is a list of global law firms ranked by profits per equity partner (PPEP) in 2021[update].[1] Firms marked with "(verein)" are structured as a Swiss association.
These are estimates and equity partners can make vastly different salaries inside the same firm.[2]
| Rank by PPEP | Firm | Equity Partners | 2021/22 PPEP (US$) |
|---|---|---|---|
| 1 | Wachtell, Lipton, Rosen & Katz | 91 | $8,400,000 |
| 2 | Kirkland & Ellis | 490 | $7,388,000 |
| 3 | Davis Polk | 161 | $7,010,000 |
| 4 | Sullivan & Cromwell | 165 | $6,366,000 |
| 5 | Paul, Weiss, Rifkind, Wharton & Garrison | 168 | $6,162,000 |
| 6 | Simpson Thacher & Bartlett | 203 | $5,980,000 |
| 7 | Cravath, Swaine & Moore | 97 | $5,803,000 |
| 8 | Quinn Emanuel Urquhart & Sullivan | 173 | $5,746,000 |
| 9 | Latham & Watkins | 550 | $5,705,000 |
| 10 | Weil, Gotshal & Manges | 182 | $5,181,000 |
| 11 | Skadden, Arps, Slate, Meagher & Flom | 321 | $5,088,000 |
| 12 | Milbank | 163 | $5,033,000 |
| 13 | Debevoise & Plimpton | 143 | $5,011,000 |
| 14 | Paul Hastings | 177 | $4,703,000 |
| 15 | Cleary Gottlieb Steen & Hamilton | 165 | $4,700,000 |
| 16 | Gibson, Dunn & Crutcher | 351 | $4,440,000 |
| 17 | Cadwalader, Wickersham & Taft | 60 | $4,382,000 |
| 18 | King & Spalding | 205 | $4,374,000 |
| 19 | Ropes & Gray | 268 | $4,333,000 |
| 20 | Fried, Frank, Harris, Shriver & Jacobson | 122 | $4,252,000 |
| 21 | Dechert | 141 | $4,236,000 |
| 22 | Cooley | 238 | $4,064,000 |
| 23 | Willkie Farr & Gallagher | 176 | $3,903,000 |
| 24 | Fenwick & West | 95 | $3,743,000 |
| 25 | Sidley Austin | 330 | $3,718,000 |
| 26 | Goodwin Procter | 259 | $3,690,000 |
| 27 | Slaughter & May | 100 | $3,599,000 |
| 28 | Proskauer Rose | 163 | $3,510,000 |
| 29 | White & Case | 363 | $3,509,000 |
| 30 | Vinson & Elkins | 121 | $3,508,000 |
| 31 | Wilson, Sonsini, Goodrich & Rosati | 165 | $3,318,000 |
| 32 | Akin Gump Strauss Hauer & Feld | 163 | $3,093,000 |
| 33 | Alston & Bird | 155 | $3,075,000 |
| 34 | Orrick, Herrington & Sutcliffe | 111 | $3,073,000 |
| 35 | McDermott, Will & Emery | 216 | $3,051,000 |
| 36 | Winston & Strawn | 129 | $3,021,000 |
| 37 | Shearman & Sterling | 113 | $3,005,000 |
| 38 | Clifford Chance | 369 | $2,918,000 |
| 39 | Wilmer Cutler Pickering Hale and Dorr | 244 | $2,808,000 |
| 40 | Fragomen, Del Rey, Bernsen & Loewy | 57 | $2,768,000 |
| 41 | O’Melveny & Myers | 169 | $2,706,000 |
| 42 | Freshfields Bruckhaus Deringer | 392 | $2,691,000 |
| 43 | Allen & Overy | 464 | $2,684,000 |
| 44 | Linklaters | 457 | $2,572,000 |
| 45 | DLA Piper (verein) | 417 | $2,496,000 |
| 46 | Hogan Lovells | 391 | $2,482,000 |
| 47 | Mayer Brown | 282 | $2,465,000 |
| 48 | Morrison & Foerster | 193 | $2,463,000 |
| 49 | Covington & Burling | 322 | $2,300,000 |
| 50 | Greenberg Traurig | 315 | $2,276,000 |
| 51 | Sheppard, Mullin, Richter & Hampton | 160 | $2,259,000 |
| 52 | Pillsbury Winthrop Shaw Pittman | 131 | $2,105,000 |
| 53 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo | 96 | $2,102,000 |
| 54 | McGuireWoods | 189 | $2,053,000 |
| 55 | Baker Botts | 134 | $2,032,000 |
| 56 | Katten Muchin Rosenman | 120 | $2,006,000 |
| 57 | Holland & Knight | 233 | $2,005,000 |
| 58 | Baker McKenzie (verein) | 676 | $1,833,000 |
| 59 | Morgan, Lewis & Bockius | 746 | $1,831,000 |
| 60 | Foley & Lardner | 151 | $1,812,000 |
| 61 | Baker & Hostetler | 123 | $1,780,000 |
| 62 | Reed Smith | 274 | $1,735,000 |
| 63 | Nelson Mullins Riley & Scarborough | 167 | $1,704,000 |
| 64 | Perkins Coie | 185 | $1,660,000 |
| 65 | Ashurst | 241 | $1,615,000 |
| 66 | Herbert Smith Freehills | 328 | $1,602,000 |
| 67 | Hunton Andrews Kurth | 183 | $1,601,000 |
| 68 | Arnold & Porter Kaye Scholer | 292 | $1,531,000 |
| 69 | Squire Patton Boggs (verein) | 133 | $1,518,000 |
| 70 | Seyfarth Shaw | 201 | $1,489,000 |
| 71 | Jones Day | 846 | $1,446,000 |
| 72 | Polsinelli | 136 | $1,406,000 |
| 73 | Troutman Pepper | 279 | $1,386,000 |
| 74 | K&L Gates | 186 | $1,381,000 |
| 75 | Simmons & Simmons | 185 | $1,376,000 |
| 76 | Eversheds Sutherland | 242 | $1,338,000 |
| 77 | Duane Morris | 146 | $1,262,000 |
| 78 | Venable | 183 | $1,235,000 |
| 79 | Lewis Brisbois Bisgaard & Smith | 148 | $1,226,000 |
| 80 | Cozen O’Connor | 196 | $1,097,000 |
| 81 | Bryan Cave Leighton Paisner | 225 | $1,080,000 |
| 82 | CMS (EEIG) | 684 | $1,065,000 |
| 83 | Norton Rose Fulbright (verein) | 657 | $1,054,000 |
| 84 | Ogletree, Deakins, Nash, Smoak & Stewart | 183 | $1,051,000 |
| 85 | Faegre Drinker | 387 | $984,000 |
| 86 | Clyde & Co | 225 | $973,000 |
| 87 | Pinsent Masons | 185 | $970,000 |
| 88 | Fox Rothschild | 239 | $932,000 |
| 89 | Blake, Cassels & Graydon | 279 | $921,000 |
| 90 | Bird & Bird | 153 | $900,000 |
| 91 | AllBright Law Offices | 355 | $777,000 |
| 92 | Gowling WLG | 386 | $649,000 |
| 93 | Littler Mendelson | 382 | $621,000 |
| 94 | Zhong Lun | 393 | $614,000 |
| 95 | Kim & Chang | 210 | $567,000 |
| 96 | King & Wood Mallesons (verein) | 689 | $511,000 |
| 97 | Deheng Law Offices | 505 | $405,000 |
| 98 | Dentons (verein) | 2,094 | $379,000 |
| 99 | Grandall Law Firm | 597 | $364,000 |
| 100 | Yingke | 773 | $293,000 |