Profits Per Partner: Profits Increase Moderately
Average profits per partner for The Am Law 100 went up 4.2 percent in 2012, but the growth was uneven. Sixty-six firms reported increases in PPP for 2012, compared to 72 in 2011. Nineteen firms produced growth rates of over 10 percent, compared to 15 in 2011.
Bracewell & Giuliani and Kilpatrick Townsend & Stockton had the years biggest PPP increases42.2 and 36.5 percent, respectively. Fried, Frank, Harris, Shriver & Jacobson had the sharpest decline16.8 percent. Figures on this chart are rounded to the nearest $5,000. Firms that are tied are listed alphabetically. For more details, see A Guide to Our Methodology.
* Vereins differ structurally from other Am Law 100 firms, especially in regard to profit sharing.
1Includes lawyers from a Tokyo joint venture who were not included in 2011.
2Fully participating equity partners only.
3Fiscal year ends on March 31. Results are projected in order to meet The Am Law 100’s publication deadline.
4SNR Denton joined with Fraser Milner Casgrain and Salans in March 2013, creating the Dentons verein. Results are for the legacy operation only.
5Fulbright & Jaworski will join with Norton Rose in June of 2013 to form the Norton Rose Fulbright verein.
6Baker & Daniels joined with Faegre & Benson to form Faegre Baker Daniels in January 2012, so there is no year-over-year comparison.
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