Categories:United States

Bakers snaps at the heels of Skadden in US top 30 rankings

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  • The Lawyer's obsession with revenue...

    ...is, frankly, baffling. It really isn't the key measure. See Michael S' comment below.

    Also as Bakers' financial year is different, this is even more of a non-article. Still, if The Lawyer's journalists didn't write this meaningless tittle-tattle, I suppose they wouldn't have much else to talk about.

    It's an unhealthy obsession, this drive to report yearly and half-yearly profit figures and draw up the 'top 100', 'top 20', 'sweet 16', etc. etc.

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  • Morons on this thread!!!

    If you LOOK; the comparison table is for the revenue of 2008, regardless of fiscal year reporting... Wake up & use some logic please.... !

    "$10m away from becoming the largest US law firm by REVENUE"

    NOT PEP, PPP, RPL or RSVP!!!

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  • baker

    Well, a major factor you have to consider is that Baker operates in a number of low cost countries. When all those numbers are merged together, that is what lowers the average income because you are merging the income of a person in New York City with a person in Manilla.

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  • snaps at heels

    A creditable performance by Bakers but Skadden need not be too concerned about their ankles just yet . Skadden's financial year to December 2008 covered 6 months of the credit crunch whereas none of Bakers year to June 2008 was impacted. Despite this Skadden still posted PEP of over $2m compared with Bakers $1.2m and a rise in income albeit a modest one . Which firms results would you rather have ?

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