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..., 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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