Baker & McKenzie Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Baker & McKenzie LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
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Baker & McKenzie LLP

  • Designation: Chicago
  • Head Count: 4,245
  • Gross Revenues: $2,540,000,000
  • Revenue Per Lawyer: $600,000
  • Profits Per Partner: $1,290,000
  • Year Over Year Change: 0

Baker & McKenzie is a Chicago-based law firm. According to the National Law Journal's 2013 NLJ 350 ranking of firms based on size, Baker & McKenzie has 4004 attorneys and is the 2nd largest firm in the United States. With $2,313,000,000 in gross revenue in 2012, the firm placed 2nd on The American Lawyer's 2013 Am Law 200 ranking. On the 2011 Global 100 survey, Baker & McKenzie ranked as the 1st highest grossing law firm in the world. The firm has offices in Asia Pacific, Latin America, North America, Europe, Middle East, and Africa.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 2 0 Gross revenue
Am Law 200 2 0 Gross revenue
NLJ 250 1 1 Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard 99 -15 Pro-bono commitment
Diversity Scorecard 81 -37 Minority head count
Midlevel Associates Survey 70 -9 Job satisfaction
Summer Associates Survey 84 -3 Summer programs

In the News

Law Firms Eye Global Market Turmoil, China Plunge

Susan Beck : The Am Law Daily : August 24, 2015

China's stock tumble, with its nerve-rattling aftershocks in the U.S., may cause law firms to further scrutinize their strategy in Asia.

Big Deals

: The American Lawyer : August 24, 2015

Your Clients Want Alternative Fees: Is Your Firm Ready?

Chris Johnson : The American Lawyer : August 24, 2015

The billable hour may rule for now, but alternative fee arrangements are being used in almost every type of legal work, even in the largest transactions and disputes. Clients say they like the predictability; some firms are openly resistant. Who will win?

Baker & McKenzie Drops Behind DLA Piper as Gross Revenue Leader

Chris Johnson : The Am Law Daily : August 23, 2015

Baker & McKenzie, having lost its position as the world's largest-grossing law firm earlier this year to Latham & Watkins, has now slipped behind second-ranked global rival DLA Piper after announcing declines in both revenue and profit.

After Jones Day Raid, Greenberg Traurig Rebuilds Mexico City Outpost

Julie Triedman : The Am Law Daily : August 21, 2015

The Miami-based Am Law 100 is the latest to ramp up its operations in Mexico, picking up the co-founders of Mexico City's Orrantia y Robles and a Jones Day labor law expert. The hires come two months after Jones Day hired Greenberg Traurig's local managing partner.

World's Oldest Law Firm Institutes New Mobile Strategy

Zach Warren : Legaltech News : August 20, 2015

Thomson Snell & Passmore has partnered with MobileIron, as well as its mobility specialist partner Appurity, to institute a new mobility strategy for its employees.

On the Move

: New York Law Journal : August 20, 2015

Six firms announce new additions, BuckleySandler announces a promotion to partner, and Portolano Cavallo has opened its first U.S. representative office in New York for clients looking to make Italian investments or to establish and operate businesses in Italy.

Deal Watch: 'Female Viagra' Spawns More Skadden, S&C Deal Work

Jennifer Henderson and Nell Gluckman : The Am Law Daily : August 20, 2015

Sprout Pharmaceuticals didn't have to wait long for a big-name buyer to spring big bucks for the nascent drug developer. Sullivan & Cromwell took the lead for the company, founded in 2011, on its $1 billion sale this week to longtime Skadden, Arps, Slate, Meagher & Flom client Valeant Pharmaceuticals International.

Baker & McKenzie First Global Law Firm to Institute Latest SAP Version

Zach Warren : Legaltech News : August 19, 2015

Financial solutions platform SAP is used by 86 percent of Fortune 500 companies, as well as a significant number of the firm's clientele.

D.C. Moves

: The National Law Journal : August 17, 2015

A roundup of Washington, D.C. lateral moves and promotions.

Movers

: The National Law Journal : August 17, 2015

Lateral moves and new arrivals in this week's column.

Deal Watch: Google Shakeup Has Its Lawyers Feeling Lucky

Jennifer Henderson : The Am Law Daily : August 13, 2015

Google turns to its longtime M&A counsel at Cleary Gottlieb to create a new holding company for the search giant, plus a rundown of this week's other megadeals and the law firms scrambling to keep them on track.

Lawyer's Murder Underlines Dangers of Practicing in Venezuela

Julie Kay : Daily Business Review : August 13, 2015

The Miami legal community and members of the Venezuelan American Bar Assocation are reeling over the death of John Pate, the father of White & Case Miami associate who was murdered at his upscale Caracas home.

This Week's Deals

David Ruiz : The Recorder : August 13, 2015

A round-up of transactions involving Bay Area lawyers and companies.

Bienvenidos a Mexico, Mayer Brown

Jennifer Henderson : The Am Law Daily : August 12, 2015

The firm announced Wednesday that it has formally hung up a shingle in Mexico City, where the firm will serve clients capitalizing on Mexico's unfolding energy sector reform.

Hot Spot: Law Firms Consolidate in the Middle East

Chris Johnson : The American Lawyer : August 12, 2015

Is Dubai hotter than Abu Dhabi? Herbert Smith Freehills, Latham and Baker Botts think so.

Sidley Austin on the Hunt in LA, Plus More Lateral Moves

Jennifer Henderson : The Am Law Daily : August 11, 2015

Manatt loses another partner to Sidley in Los Angeles; Debevoise makes do with a pair of IP departures; and other notable moves from throughout The Am Law 200.

Newsmakers: Week of Aug 10

: Texas Lawyer : August 10, 2015

Michael McMillin has joined Thompson & Knight as an associate in the firm's government and regulatory group in Austin.

On the Move

: The Recorder : August 10, 2015

New hires, promotions, appointments and awards in-house, at firms, and in government and academia.

DBR to Honor 20 South Florida Women in Law

Review staff : Daily Business Review : August 10, 2015

The Daily Business Review will recognize the group of attorneys with notable achievements in law at an Oct. 14 luncheon in Miami.

Movers

: The National Law Journal : August 10, 2015

Lateral moves in this week's column.

Improved Economy Lifts Compensation for Florida's Best-Paid General Counsel

Mike Seemuth : Daily Business Review : August 07, 2015

Pay raises for corporate general counsel are hardly automatic. Incentive pay, bonus income and stock awards tend to ebb and flow from year to year.

HP Equity Comp Expert Jumps Back to Big Law

Patience Haggin : The Recorder : August 06, 2015

Therese Williams is rejoining Baker & McKenzie after nearly eight years at Hewlett-Packard.

Mergers Shake Up List of Largest D.C. Law Offices

Katelyn Polantz : The National Law Journal : August 03, 2015

Covington & Burling, at the top of The National Law Journal's list of Wash­ington's largest firms for the second consecutive year, added about 15 total lawyers last year in a time when elite firms, especially ones that focus on litigation, find the most ability to expand in Washington.

Newsmakers: Week of Aug 3

: Texas Lawyer : July 31, 2015

Bruce Pinegar has joined The Woodlands office of Winstead as an associate in the firm's wealth preservation practice group.

Baker & McKenzie on $1.1B Shanghai Property Investment

Anna Zhang : The Asian Lawyer : July 30, 2015

Hong Kong's Link REIT is buying two office buildings and retail space in the city's Xintiandi area.

Deal Watch: Teva's Generics Buy Headlines Banner M&A Week

Jennifer Henderson : The Am Law Daily : July 30, 2015

A bevy of transactions in the pharmaceutical industry and industrial sector in Europe helped make the past week a big one for M&A, with more than a dozen billion-dollar deals being announced.

'Best Firms' Report Shows Top 50 Shops for Women

MP McQueen : The Am Law Daily : July 28, 2015

A select group of Am Law 200 firms are among those touted by Working Mother magazine and consulting firm Flex-Time Lawyers for their annual look at the 50 best firms for women, based on metrics like family-friendly policies and percentage of female partners.

Baker & McKenzie on Meiji Yasuda's $5B U.S. Insurance Buy

Anna Zhang : The Asian Lawyer : July 27, 2015

Debevoise & Plimpton is advising the target, New York Stock Exchange-listed StanCorp, on the deal.

Baker Bags Two Amid Belfast Opening, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : July 27, 2015

Baker & McKenzie opens a back-office outpost in Northern Ireland while making a high-profile addition in London; a bevy of moves at Buchanan Ingersoll; Stroock raids Squire Patton Boggs; and other notable hires from throughout The Am Law 200.