As promised, here’s the AmLaw 100 for 2005. I’ll have some substantive
commentary later today, but for now I’ll primarily limit my gloss to that provided
by my friends at American Lawyer Media:
"Five Am Law
200 firms posted gross revenue in excess of $1 billion in 2004, the largest
number ever. Sidley Austin Brown & Wood
broke the billion-dollar barrier for the first time in 2004, while the
others did so previously — Skadden, Arps, Slate, Meagher & Flom in
1999; Baker & McKenzie in 2001; and Latham & Watkins and Jones
Day in 2003."
My very quick and dirty calculation of the change in revenue over last year’s AmLaw 100 is that at the top (Skadden, what a shock) the increase was 8.27% ($1.440-billion vs. $1.330-billion), while at the bottom (Ballard Spahr this year, Preston Gates last year) the increase was only 5.82% ($200-million vs. $189-million). Are the rich getting richer? Very preliminarily, it certainly looks that way.
The Billion-Dollar Club Expands
|
2004 Rank
|
2003 Rank
|
Firm |
2004 Gross Revenue
|
Lawyers
|
|---|---|---|---|---|
|
1
|
1
|
Skadden |
$1,440,000,000
|
1,554
|
|
2
|
2
|
Baker & McKenzie |
$1,228,000,000
|
2,992
|
|
3
|
4
|
Latham & Watkins |
$1,206,000,000
|
1,502
|
|
4
|
3
|
Jones Day |
$1,190,000,000
|
2,076
|
|
5
|
5
|
Sidley Austin |
$1,029,500,000
|
1,405
|
|
6
|
7
|
White & Case |
$953,000,000
|
1,685
|
|
7
|
6
|
Mayer, Brown |
$911,000,000
|
1,258
|
|
8
|
8
|
Weil, Gotshal |
$905,000,000
|
1,080
|
|
9
|
10
|
Kirkland & Ellis |
$835,000,000
|
897
|
|
10
|
11
|
Sullivan & Cromwell |
$833,000,000
|
589
|
|
11
|
9
|
Shearman & Sterling |
$775,000,000
|
963
|
|
12
|
58
|
Wilmer Cutler |
$750,500,000
|
960
|
|
13
|
12
|
McDermott Will |
$745,000,000
|
975
|
|
14
|
15
|
Morgan, Lewis |
$723,500,000
|
1,112
|
|
15
|
20
|
Greenberg Traurig |
$712,000,000
|
1,149
|
|
16
|
13
|
O’Melveny & Myers |
$697,000,000
|
910
|
|
17
|
18
|
Cleary Gottlieb |
$695,000,000
|
844
|
|
18
|
14
|
Gibson, Dunn |
$693,000,000
|
745
|
|
19
|
19
|
Simpson Thacher |
$691,000,000
|
632
|
|
20
|
21
|
Hogan & Hartson |
$630,000,000
|
898
|
|
21
|
17
|
Akin Gump |
$612,000,000
|
822
|
|
22
|
23
|
Paul, Hastings |
$609,000,000
|
835
|
|
23
|
16
|
Davis Polk |
$604,500,000
|
538
|
|
24
|
22
|
Morrison & Foerster |
$593,000,000
|
882
|
|
25
|
27
|
Piper Rudnick |
$580,500,000
|
905
|
|
26
|
26
|
Bingham McCutchen |
$565,500,000
|
790
|
|
27
|
24
|
Holland & Knight |
$551,000,000
|
1,155
|
|
28
|
25
|
Foley & Lardner |
$542,500,000
|
869
|
|
29
|
28
|
Winston & Strawn |
$516,500,000
|
793
|
|
30
|
32
|
Paul, Weiss |
$504,000,000
|
480
|
|
31
|
33
|
Reed Smith |
$503,500,000
|
881
|
|
32
|
30
|
Fulbright & Jaworski |
$491,500,000
|
831
|
|
33
|
29
|
Orrick |
$484,000,000
|
666
|
|
34
|
40
|
Debevoise & Plimpton |
$478,500,000
|
536
|
|
35
|
36
|
Heller Ehrman |
$472,000,000
|
628
|
|
36
|
37
|
King & Spalding |
$470,000,000
|
707
|
|
37
|
37
|
Cravath |
$455,000,000
|
389
|
|
37
|
34
|
Vinson & Elkins |
$455,000,000
|
661
|
|
39
|
31
|
Arnold & Porter |
$454,000,000
|
639
|
|
40
|
41
|
Dechert |
$441,500,000
|
678
|
|
41
|
35
|
Hunton & Williams |
$440,000,000
|
781
|
|
42
|
39
|
Pillsbury Winthrop |
$432,500,000
|
643
|
|
43
|
42
|
Milbank, Tweed |
$431,500,000
|
480
|
|
44
|
64
|
Wachtell |
$431,000,000
|
197
|
|
45
|
43
|
Baker Botts |
$420,000,000
|
643
|
|
46
|
51
|
Cadwalader |
$416,000,000
|
486
|
|
46
|
52
|
Willkie Farr |
$416,000,000
|
507
|
|
48
|
53
|
Sonnenschein |
$411,000,000
|
660
|
|
49
|
55
|
Ropes & Gray |
$404,500,000
|
501
|
|
50
|
50
|
Alston & Bird |
$402,000,000
|
664
|
|
51
|
49
|
Proskauer Rose |
$395,000,000
|
584
|
|
52
|
47
|
Squire, Sanders |
$393,500,000
|
675
|
|
53
|
48
|
Dewey Ballantine |
$380,500,000
|
524
|
|
54
|
46
|
Wilson Sonsini |
$377,500,000
|
540
|
|
55
|
45
|
Bryan Cave |
$372,500,000
|
726
|
|
55
|
62
|
Kirkpatrick & Lockhart |
$372,500,000
|
697
|
|
57
|
57
|
Katten Muchin |
$368,000,000
|
581
|
|
58
|
56
|
Kaye Scholer |
$362,000,000
|
458
|
|
59
|
61
|
Fried, Frank |
$359,000,000
|
438
|
|
60
|
54
|
LeBoeuf, Lamb |
$356,500,000
|
601
|
|
61
|
44
|
Howrey |
$352,000,000
|
525
|
|
62
|
67
|
Nixon Peabody |
$348,000,000
|
593
|
|
63
|
65
|
McGuireWoods |
$344,000,000
|
686
|
|
64
|
63
|
Covington & Burling |
$337,500,000
|
463
|
|
65
|
59
|
Dorsey & Whitney |
$330,000,000
|
619
|
|
66
|
73
|
Seyfarth Shaw |
$313,000,000
|
603
|
|
67
|
69
|
Goodwin Procter |
$302,500,000
|
433
|
|
68
|
72
|
Perkins Coie |
$297,000,000
|
603
|
|
69
|
76
|
Schulte Roth |
$292,000,000
|
354
|
|
70
|
68
|
Cooley Godward |
$289,000,000
|
418
|
|
71
|
70
|
Baker & Hostetler |
$284,000,000
|
605
|
|
72
|
80
|
Duane Morris |
$264,000,000
|
480
|
|
73
|
71
|
Jenkens & Gilchrist |
$258,000,000
|
435
|
|
74
|
79
|
Jenner & Block |
$253,500,000
|
381
|
|
75
|
74
|
Shook, Hardy |
$252,500,000
|
490
|
|
76
|
81
|
Blank Rome |
$247,500,000
|
459
|
|
77
|
77
|
Chadbourne & Parke |
$241,000,000
|
382
|
|
78
|
78
|
Thelen Reid |
$240,000,000
|
413
|
|
79
|
83
|
Stroock & Stroock |
$238,000,000
|
331
|
|
80
|
84
|
Kilpatrick Stockton |
$236,000,000
|
442
|
|
81
|
90
|
Womble Carlyle |
$233,000,000
|
475
|
|
82
|
93
|
Steptoe & Johnson |
$232,500,000
|
335
|
|
83
|
75
|
Coudert Brothers |
$230,000,000
|
552
|
|
83
|
92
|
Sheppard, Mullin |
$230,000,000
|
366
|
|
85
|
82
|
Cahill Gordon |
$227,000,000
|
242
|
|
86
|
86
|
Finnegan, Henderson |
$225,000,000
|
292
|
|
87
|
95
|
Fish & Richardson |
$224,500,000
|
304
|
|
88
|
91
|
Wilson, Elser |
$222,000,000
|
675
|
|
89
|
86
|
Venable |
$221,500,000
|
394
|
|
90
|
93
|
Andrews Kurth |
$217,000,000
|
394
|
|
91
|
89
|
Mintz Levin |
$216,500,000
|
373
|
|
92
|
88
|
Drinker Biddle |
$213,500,000
|
426
|
|
93
|
85
|
Gray Cary |
$213,000,000
|
350
|
|
93
|
96
|
Patton Boggs |
$213,000,000
|
396
|
|
95
|
98
|
Haynes and Boone |
$210,500,000
|
419
|
|
96
|
107
|
Pepper Hamilton |
$209,500,000
|
382
|
|
97
|
97
|
Troutman Sanders |
$206,500,000
|
468
|
|
98
|
101
|
Cozen O’Connor |
$205,500,000
|
463
|
|
99
|
105
|
Faegre & Benson |
$204,500,000
|
456
|
|
100
|
102
|
Ballard Spahr |
$200,000,000
|
412
|
|
1 Due to the merger of Wilmer Cutler Pickering and Hale
and Dorr in June 2004, there is no year-over-year comparison for the merged firm. |
||||
|
(The American Lawyer, July 2005)
|
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