This is a list of American law firms by profits per equity partner (PPEP, sometimes reported as profits per partner or PPP). The list details the profit per equity partner figures of the 100 largest law firms by gross revenue; there is the potential for firms with higher PPEP to not be on this list if they were not on the Global 100 by revenue.[1]
| Rank by PPEP | Firm | 2023 PPEP | Equity partners | |
|---|---|---|---|---|
| 1 | Wachtell, Lipton, Rosen & Katz | $8,507,000 | 90 | |
| 2 | Kirkland & Ellis | $7,955,000 | 539 | |
| 3 | Quinn Emanuel Urquhart & Sullivan | $7,270,000 | 185 | |
| 4 | Susman Godfrey | $6,989,000 | 90 | |
| 5 | Paul, Weiss, Rifkind, Wharton & Garrison | $6,574,000 | 178 | |
| 6 | Simpson Thacher & Bartlett | $6,433,000 | 198 | |
| 7 | Sullivan & Cromwell | $6,250,000 | 173 | |
| 8 | Davis Polk & Wardwell | $6,200,000 | 174 | |
| 9 | Cravath, Swaine & Moore | $6,050,000 | 92 | |
| 10 | Gibson, Dunn & Crutcher | $5,587,000 | 317 | |
| 11 | Latham & Watkins | $5,516,000 | 544 | |
| 12 | Skadden, Arps, Slate, Meagher & Flom | $5,403,000 | 334 | |
| 13 | Paul Hastings | $5,395,000 | 166 | |
| 14 | King & Spalding | $5,331,000 | 191 | |
| 15 | Milbank | $5,114,000 | 166 | |
| 16 | Weil, Gotshal & Manges | $4,645,000 | 180 | |
| 17 | Sidley Austin | $4,592,000 | 266 | |
| 18 | Ropes & Gray | $4,514,000 | 291 | |
| 19 | Cleary Gottlieb Steen & Hamilton | $4,509,000 | 180 | |
| 20 | Fried Frank | $4,355,000 | 114 |