There are only 34 law firms in the world that gross more than $1 billion annually.
That count just increased by one, according to an announcement this week.
Eversheds Sutherland was able to pass that milestone through a tack that firms have increasingly adopted over the past decade: a merger.
The firm posted a $1.03 billion result from its 2,400 lawyers around the world, but there is still one key financial metric missing – profits per partner.
When the firms merged – Atlanta-based Sutherland Asbill & Brennan and London-based Eversheds – profits per partner in each firm hovered at around ...
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