Revenue Per Lawyer Rankings: The US Firms Outpacing the Pack

Law.com International’s new analysis of revenue per lawyer (RPL) in the UK legal market shows a striking trend: US-headquartered firms continue to lead the pack by a significant margin.

Paul, Weiss has surged to the top of the RPL rankings, closely followed by Simpson Thacher and Kirkland & Ellis - highlighting the profitability and efficiency of US firms operating in London. The data paints a clearer picture of just how wide the gap has become between US and UK firms when it comes to revenue generated per lawyer.

Siobhán Lewington, a Partner in our London office, who advises top firms on partner hiring and strategy in the London market, shared insights with Law.com on how UK -founded firms are responding:

“We are seeing that UK-headquartered firms are continuing their focus on growth and hiring so they don’t lose market share. Partly how they’ve been able to do this is through compensation systems evolving. They’ve become more flexible, especially with the introduction of this non-equity layer - which allows firms to retain and attract talent.”

With only two UK-headquartered firms breaking into the top 10 by RPL, the data underscores the growing pressure on traditional firms to adapt if they want to remain competitive.

Read the full article by Habiba Cullen-Jafar for Law.com International here.

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For more insights, connect with Siobhán Lewington or reach out to our team at Macrae.