The contrast between last year’s Global 100 report and this year’s could hardly be starker. Last year saw firms blow away even optimistic predictions to post extraordinary results. Total revenue increased by 15% to $147.5bn – more than double the previous year’s already impressive rise of 7%. Average profit per equity partner (PEP), meanwhile, shot …
Below you will find our Global 100 main table which provides key financials for the top 100 firms.
‘We are in growth mode,’ announces Joshua Lipshutz, chief operating officer of Gibson Dunn, as he beams into the boardroom of the firm’s London office via Zoom. An apt statement for a firm that has stormed into the Global 100’s top ten in a year where many firms’ revenues have faltered. Up four places from …
Continue reading “Global 100: Gibson Dunn – A global outlook for an LA stalwart”
‘Our ability to pitch top-ranked teams under both New York and English law, and where needed under the local laws to back that up, remains our USP,’ asserts Oliver Brettle, White & Case’s vice chair, underscoring what sets the firm apart. Unveiling subdued financials this cycle, the firm’s London arm experienced a modest 1% revenue …
Continue reading “Global 100: White & Case: Global elite leader or missed opportunity?”
With law firm mergers and collapses, new office launches, a proliferation of strategic hiring and big-name changes in management, 2023 was a rocking year. Here are the headline stories of the last 12 months
The core stats from the 2023 Global 100.
The firms that appear in the 2023 Global 100 are the largest 100 law firms in the world ranked by revenue.
Nathalie Tidman, Legal Business: How have your businesses been performing over the last year? What have been the highlights? Deborah Finkler, Slaughter and May: Remarkably well. I certainly think that we have all been holding our breath for the last two years for the downturn, which still has not entirely happened. The biggest issue we …
Continue reading “The Global 100 debate: Going hard and betting long”
‘The biggest issue for the market is uncertainty’, says Richard Youle, who has headed Skadden’s London office since July. ‘Whether that’s in relation to the current geopolitical landscape, higher interest rates, inflation, or navigating tougher stances by regulators – we’re seeing people take longer to think about transactions and execute them. There’s also a mismatch …
Continue reading “M&A stages tentative comeback but dealmakers remain hamstrung by uncertainty”
David Halliwell, Pinsent Masons Vario: The world is now seen through a ‘VUCA’ lens – it’s Volatile, Uncertain, Complex and Ambiguous. Are the risks that businesses are facing much more uncertain? What does that mean for how you are working in your roles? John Ventress, Lombard Odier Investment Managers: As in-house lawyers, we need to …
Continue reading “The in-house debate: Look to the future now”
