Say hello to the Global 100 for 2011. This is the American Lawyer’s list of the world’s 100 largest law firms, ranked by total revenue.
There’s a lot of economic anxiety these days, with fears of a double-dip recession running rampant. But looking back — the list is compiled based on 2010 revenue numbers — the legal business seems to be hanging in there. As noted by Am Law, total revenue for the Global 100 increased by 3 percent last year.
Lawyers are a competitive lot. So you’re probably less interested in the overall figures than in how different firms fared in the rankings….
There wasn’t a huge amount of movement at the top of the list. Here are the top ten on the Global 100:
Don’t see your firm listed above? Perhaps it’s on the extended list, which you can check out over at Am Law.
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The worldwide mega-firm of Baker & McKenzie takes the #1 spot for the second year in a row. This news should lift the spirits of demoralized San Diego support staff.
Right behind Baker & McKenzie and Skadden Arps is DLA Piper, at #3. DLA is a new entrant on the list; as Am Law explains in a footnote, this is the first time it’s publishing global statistics for DLA.
The only other new entrant to the top ten is Hogan Lovells. As you will recall, Ho-Love resulted from the mating of Hogan & Hartson with U.K.-based Lovells.
And what about the closely watched metric of profits per partner?