Law Firms

Baker Collects Record Annual Revenue of $2.3B, Keeps Its Position as Top-Grossing Law Firm

Baker & McKenzie remains the world’s top-grossing law firm with revenues this past fiscal year reaching a record high of $2.313 billion.

The revenues announced today exceed those of No. 2 firm DLA Piper by $66 million, the Am Law Daily reports. The total represents a 2.1 percent increase over last year and is due mostly to gains in Latin America and Asia, according to a press release.

Meanwhile, profits per equity partner dropped to $1.09 million, compared to $1.2 million last fiscal year.

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