Law firms with global reach seem to be more profitable than those that stay home – but are globalisation and profit actually related? Michael Goldhaber reports
Since the early days of the Global 100 survey, globalisation and profit have seemingly grown hand in hand. For the top 50 firms in 1999 – the first year that The American Lawyer published profits per equity partner (PEP) for what was then the Global 50 – the proportion of lawyers employed outside each firm’s home country doubled, while PEP more than doubled.
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