THE SECOND HUNDRED THE SECOND HUNDRED
FIRMS RANKED 101–200 BY GROSS REVENUE IN 2009 FIRMS RANKED 101–200 BY GROSS REVENUE IN 2009
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RANK FIRM
FY 2009 FY 2008
101 96 Ballard Spahr Philadelphia 488 lawyers, 202 equity partners
102 107 McKenna Long & Aldridge National 442 lawyers, 88 equity partners
102 103 Wilson Elser Moskowitz Edelman & Dicker National 754 lawyers, 138 equity partners
104 112 Cahill Gordon & Reindel New York 273 lawyers, 59 equity partners
104 93 Sutherland Asbill & Brennan Atlanta 372 lawyers, 103 equity partners
106 98 Womble Carlyle Sandridge & Rice Winston-Salem 497 lawyers, 149 equity partners
107 102 Buchanan Ingersoll & Rooney Pittsburgh 445 lawyers, 101 equity partners
108 99 Stroock & Stroock & Lavan New York 309 lawyers, 112 equity partners
109 106 Manatt, Phelps & Phillips Los Angeles 327 lawyers, 58 equity partners
110 118 Jackson Lewis National 538 lawyers, 176 equity partners
111 120 Irell & Manella Los Angeles 199 lawyers, 65 equity partners
112 127 Lewis, Brisbois, Bisgaard & Smith Los Angeles 711 lawyers, 75 equity partners
113 100 Kilpatrick Stockton Atlanta 416 lawyers, 117 equity partners
114 115 Baker, Donelson, Bearman, Caldwell & Berkowitz Memphis 518 lawyers, 182 equity partners
115 104 Andrews Kurth Houston 347 lawyers, 84 equity partners
116 110 Akerman Senterfitt Miami 472 lawyers, 188 equity partners
117 127 Barnes & Thornburg Indianapolis 436 lawyers, 192 equity partners
118 115 Snell & Wilmer Phoenix 411 lawyers, 76 equity partners
119 113 Loeb & Loeb New York 287 lawyers, 51 equity partners
120 123 Kasowitz, Benson, Torres & Friedman New York 300 lawyers, 45 equity partners
121 120 Schiff Hardin Chicago 320 lawyers, 103 equity partners
122 117 Thompson & Knight Dallas 419 lawyers, 93 equity partners
123 130 Fox Rothschild Philadelphia 423 lawyers, 122 equity partners
124 122 Arent Fox Washington, D.C. 315 lawyers, 98 equity partners
124 108 Fragomen, Del Rey, Bernsen & Loewy National 250 lawyers, 51 equity partners
126 126 Quarles & Brady Milwaukee 417 lawyers, 179 equity partners
127 118 Kelley Drye & Warren New York 301 lawyers, 62 equity partners
128 125 Day Pitney Hartford 362 lawyers, 130 equity partners
129 124 McCarter & English Newark 368 lawyers, 95 equity partners
130 137 Ogletree, Deakins, Nash, Smoak & Stewart National 431 lawyers, 133 equity partners
131 131 Wiley Rein Washington, D.C. 279 lawyers, 62 equity partners
132 129 Munger, Tolles & Olson Los Angeles 180 lawyers, 90 equity partners
133 132 Sedgwick, Detert, Moran & Arnold San Francisco 360 lawyers, 59 equity partners
134 142 Holland & Hart Denver 396 lawyers, 193 equity partners
135 139 Nelson Mullins Riley & Scarborough Columbia, South Carolina 397 lawyers, 144 equity partners
136 134 Fenwick & West Mountain View, California 226 lawyers, 72 equity partners
137 140 Stoel Rives Portland, Oregon 368 lawyers, 141 equity partners
138 137 Hinshaw & Culbertson Chicago 449 lawyers, 95 equity partners
139 146 Gardere Wynne Sewell Dallas 245 lawyers, 76 equity partners
140 143 Lowenstein Sandler Roseland, New Jersey 236 lawyers, 65 equity partners
140 133 Thompson Hine Cleveland 372 lawyers, 116 equity partners
142 145 Dykema Gossett Chicago 351 lawyers, 99 equity partners
143 136 Epstein Becker & Green National 313 lawyers, 69 equity partners
144 144 Jackson Walker Dallas 315 lawyers, 95 equity partners
145 141 Vedder Price Chicago 242 lawyers, 116 equity partners
146 135 Robins, Kaplan, Miller & Ciresi Minneapolis 234 lawyers, 88 equity partners
147 187 Polsinelli Shughart1 Kansas City, Missouri 413 lawyers, 71 equity partners
148 178 Bradley Arant Boult Cummings2 Birmingham 340 lawyers, 187 equity partners
148 167 Frost Brown Todd3 Cincinnati 413 lawyers, 160 equity partners
150 148 Moore & Van Allen Charlotte 285 lawyers, 83 equity partners
150 148 Townsend and Townsend and Crew San Francisco 184 lawyers, 60 equity partners
152 169 Knobbe, Martens, Olson & Bear Irvine, California 227 lawyers, 105 equity partners
153 151 Thompson Coburn St. Louis 323 lawyers, 136 equity partners
154 171 Dinsmore & Shohl Cincinnati 383 lawyers, 124 equity partners
154 155 Gordon & Rees San Francisco 326 lawyers, 26 equity partners
156 150 Kutak Rock Omaha 384 lawyers, 171 equity partners
157 162 Carlton Fields Tampa 271 lawyers, 58 equity partners
158 156 Vorys, Sater, Seymour & Pease Columbus 347 lawyers, 171 equity partners
159 163 Honigman Miller Schwartz and Cohn Detroit 215 lawyers, 122 equity partners
160 147 Allen Matkins Leck Gamble Mallory & Natsis Los Angeles 215 lawyers, 119 equity partners
160 160 Patterson Belknap Webb & Tyler New York 164 lawyers, 53 equity partners
162 166 Brown Rudnick Boston 280 lawyers, 50 equity partners
162 154 Stinson Morrison Hecker Kansas City, Missouri 292 lawyers, 119 equity partners
164 172 Baker & Daniels Indianapolis 283 lawyers, 100 equity partners
165 157 Foley Hoag Boston 208 lawyers, 54 equity partners
166 161 Miller, Canfield, Paddock and Stone Detroit 353 lawyers, 115 equity partners
167 164 Winstead Dallas 251 lawyers, 101 equity partners
168 177 Curtis, Mallet-Prevost, Colt & Mosle New York 232 lawyers, 28 equity partners
169 159 Williams Mullen Richmond 281 lawyers, 88 equity partners
170 158 Choate, Hall & Stewart Boston 147 lawyers, 43 equity partners
171 169 Kenyon & Kenyon New York 169 lawyers, 46 equity partners
172 174 Brownstein Hyatt Farber Schreck Denver 213 lawyers, 70 equity partners
173 168 Chapman and Cutler Chicago 208 lawyers, 81 equity partners
174 164 Herrick, Feinstein New York 163 lawyers, 39 equity partners
175 179 Porter Wright Morris & Arthur Columbus 245 lawyers, 93 equity partners
176 189 Fitzpatrick, Cella, Harper & Scinto New York 152 lawyers, 55 equity partners
177 175 Ice Miller Indianapolis 234 lawyers, 108 equity partners
178 186 Lathrop & Gage Kansas City, Missouri 267 lawyers, 96 equity partners
179 175 Goulston & Storrs Boston 173 lawyers, 87 equity partners
180 181 Saul Ewing Philadelphia 229 lawyers, 81 equity partners
181 191 Robinson & Cole Hartford 228 lawyers, 82 equity partners
182 183 Jeffer, Mangels, Butler & Marmaro Los Angeles 142 lawyers, 44 equity partners
183 182 Michael Best & Friedrich Milwaukee 202 lawyers, 83 equity partners
184 188 Gibbons Newark 202 lawyers, 39 equity partners
185 190 Stevens & Lee Reading, Pennsylvania 171 lawyers, 62 equity partners
186 198 Dickinson Wright Detroit 225 lawyers, 93 equity partners
187 199 GrayRobinson Orlando 229 lawyers, 130 equity partners
188 197 Adams and Reese New Orleans 240 lawyers, 96 equity partners
188 185 Holme Roberts & Owen Denver 189 lawyers, 89 equity partners
190 N/A Buchalter Nemer Los Angeles 159 lawyers, 81 equity partners
191 N/A Fisher & Phillips Atlanta 210 lawyers, 84 equity partners
192 196 Sills Cummis & Gross Newark 150 lawyers, 38 equity partners
193 193 Dow Lohnes Washington, D.C. 150 lawyers, 43 equity partners
193 192 Luce, Forward, Hamilton & Scripps San Diego 161 lawyers, 61 equity partners
195 N/A Armstrong Teasdale St. Louis 217 lawyers, 87 equity partners
195 194 Sullivan & Worcester Boston 156 lawyers, 40 equity partners
197 N/A Burr & Forman Birmingham 210 lawyers, 87 equity partners
198 194 Lewis and Roca Phoenix 197 lawyers, 97 equity partners
199 N/A McElroy, Deutsch, Mulvaney & Carpenter Morristown, New Jersey 212 lawyers, 29 equity partners
200 199 Morris, Manning & Martin Atlanta 137 lawyers, 41 equity partners
REVENUE
Gross
REVENUE PER LAWYER
Per lawyer ’09 Rank
Net operating income
PROFITS
Per equity partner
’09 Rank
Index
COMPENSATION
Average, all partners ’09 Rank
$271,000,000
$555,000
147
$87,500,000
$430,000
186
0.77
$425,000
159
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$270,000,000
$610,000
125
$73,000,000
$830,000
101
1.36
$555,000
121
$270,000,000
$360,000
199
$108,500,000
$785,000
114
2. 18
$520,000
137
$269,500,000
$985,000
24
$149,500,000
$2,535,000
7
2. 57
$2,230,000
9
$269,500,000
$725,000
80
$93,500,000
$910,000
88
1.26
$720,000
84
$266,000,000
$535,000
157
$85,500,000
$575,000
153
1.07
$450,000
153
$265,000,000
$595,000
130
$59,500,000
$590,000
149
0.99
$435,000
83
$263,000,000
$850,000
50
$119,500,000
$1,065,000
70
1.25
$1,065,000
45
$261,500,000
$800,000
67
$64,000,000
$1, 100,000
67
1.38
$595,000
111
$256,500,000
$475,000
179
$94,000,000
$535,000
157
1.13
$435,000
157
$253,000,000
$1,275,000
3
$161,000,000
$2,490,000
9
1.95
$2,490,000
5
$250,000,000
$350,000
200
$39,500,000
$525,000
160
1.50
$305,000
200
$245,500,000
$590,000
132
$72,000,000
$615,000
144
1.04
$490,000
143
$243,500,000
$470,000
182
$79,500,000
$440,000
183
0.94
$375,000
181
$243,000,000
$700,000
90
$80,000,000
$955,000
83
1.36
$680,000
90
$242,000,000
$510,000
164
$77,500,000
$410,000
190
0.80
$400,000
169
$241,500,000
$555,000
147
$123,000,000
$640,000
140
1.15
$525,000
130
$241,000,000
$585,000
133
$55,500,000
$730,000
127
1.25
$615,000
106
File Syste m Structure
May1(Post-Market) ABCannouncesJonesresignation Sharesfall$2.60( 6.03%) May3-6(FridaytoMonday) ;;ABCreaffirmsguidance ;;Analystoverestimatesliability ;;Analystdetailsplan ;;ABC’sGrowthFormula Sharesopenat$85.54onMay3and riseto$87.90byMonday’sClose($2.36) June9;;WSJconfirmsthatJonesresigned ;;ABCfurtherconfirmsdetailsof Jones’sresignationanddiscloses thatthedisputedtransactions allowedABCtoavoidwrite-offs Sharesfall$10.50( 11.9%) June10;;Marketdigestspriorday’snews ;;Pressattributesdropinstockprice todisclosures Stockfallsanadditional$14.50( 18.7%)
Stock Price History
Take a closer look. Trial Presentations | Jury Consulting
$240,000,000
$835,000
53
$76,000,000
$1,485,000
29
1.78
$800,000
73
$226,000,000
$755,000
77
$94,000,000
$2,080,000
18
2. 75
$1,400,000
25
$224,500,000
$700,000
90
$77,500,000
$750,000
120
1.07
$580,000
116
$224,000,000
$535,000
157
$79,500,000
$855,000
95
1.60
$650,000
97
$217,000,000
$515,000
162
$67,000,000
$550,000
155
1.07
$460,000
148
$216,500,000
$685,000
101
$78,500,000
$800,000
108
1.17
$615,000
106
$216,500,000
$865,000
44
$52,500,000
$1,025,000
73
1.18
$1,025,000
46
$215,500,000
$515,000
162
$73,000,000
$410,000
190
0.80
$375,000
181
$211,500,000
$700,000
90
$58,500,000
$945,000
86
1.35
$625,000
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Definitions: Figures for gross revenue and net operating income are rounded to the nearest $500,000. Figures for revenue per lawyer, profits per equity
partner, and partner compensation are rounded to the nearest $5,000. Firms that tied in the rankings are listed alphabetically. Revenue per lawyer is gross
revenue divided by the number of lawyers. Profits per equity partner is net operating income divided by the number of equity partners. Average partner
compensation is the net operating income plus compensation to nonequity partners, divided by the number of equity and nonequity partners. Profitability
index is the ratio of profits per partner to revenue per lawyer. Firm size: For firms whose fiscal year ended after August 31, 2009, the numbers of lawyers and
partners are stated as of August 31, 2009. For firms whose fiscal year ended between March 31 and August 31, 2009, numbers are stated as of the end of the
fiscal year. We asked for full-time equivalent lawyer numbers, which were rounded to the nearest whole number.
1 Polsinelli Shalton Flanigan Suelthaus merged with Shughart Thomson & Kilroy in February 2009 to form Polsinelli Shughart.
2 Bradley Arant Rose & White merged with Boult, Cummings, Conners & Berry in January of 2009 to form Bradley Arant Boult Cummings.
3 Frost Brown Todd merged with Locke Reynolds in January 2009.