This post has been updated with The Lawyer’s 2021 ranking of the top 100 European law firms by revenue.
For many firms in Europe, the difficulties of 2020 turned out to be how to meet capacity when workflows roared back in the second half, and how to keep their staff motivated through waves of lockdowns and restrictions.
There is some correlation between the intensity of a jurisdiction’s lockdown and the impact on financial performance. Financial results viewed on a regional perspective vary from extremely strong (Portugal, Switzerland and most of Germany), solid (Austria and the Nordic countries), flat (Benelux, Italy and Spain), to challenging (France and Ireland).
Few European 100 firms provide profit figures, but anecdotally profitability was up across the Continent. The reduction in costs generated by moving everything online is significant, and this has fed back into bottom lines.
Top 100 law firms from the European 100, by revenue
Rank | Firm | Total revenue 2020 (€m) |
1 | Garrigues | 388.6 |
2 | Loyens & Loeff | 344 |
3 | Cuatrecasas Gonçalves Pereira | 315.3 |
4= | Fidal | 286 |
4= | Hengeler Mueller* | 286 |
6 | Noerr | 271.6 |
7 | BonelliErede* | 250 |
8 | Uría Menéndez | 249 |
9 | Rödl & Partner* | 238.5 |
10 | Gleiss Lutz | 227.5 |
11 | Luther | 216 |
12 | Arendt & Medernach | 212 |
13 | Gide Loyrette Nouel | 204 |
14 | Flick Gocke Schaumburg | 193 |
15 | Heuking Kühn Lüer Wojtek | 189.9 |
16 | Nauta Dutilh* | 175 |
17 | Chiomenti* | 173 |
18 | De Brauw Blackstone Westbroek* | 170 |
19= | Arthur Cox* | 165 |
19= | Bredin Prat | 165 |
21 | Stibbe | 162.3 |
22 | A&L Goodbody* | 161.7 |
23 | Matheson* | 159 |
24 | Görg* | 154 |
25 | Gianni Origoni Grippo Cappelli & Partners | 150 |
26 | Kromann Reumert* | 138.1 |
27 | Pirola Pennuto Zei | 137.8 |
28 | Mannheimer Swartling | 137.4 |
29 | McCann FitzGerald* | 134.3 |
30 | Vinge | 123.6 |
31 | Houthoff | 126 |
32 | Egorov Puginsky Afanasiev & Partners* | 122 |
33 | Lenz & Staehelin* | 118.6 |
34 | Bech- Bruun | 114.4 |
35 | Roschier | 113.2 |
36 | Homburger* | 113 |
37 | Walder Wyss Ltd | 111.2 |
38 | Beiten Burkhardt | 109 |
39 | Wikborg Rein* | 108.7 |
40 | Gorrissen Federspiel | 107.8 |
41 | Schjødt | 107.3 |
42 | Bär & Karrer* | 104.9 |
43 | Thommessen | 104.1 |
44 | Legance | 102 |
45 | Schellenberg Wittmer* | 95.3 |
46 | William Fry* | 94.5 |
47 | Plesner | 94.3 |
48 | Elvinger Hoss Prussen | 93.5 |
49 | AKD | 88.3 |
50 | Schoenherr | 86.5 |
51 | BAHR | 83.9 |
52 | Wiersholm | 83.8 |
53 | Wolf Theiss | 81.5 |
54 | Poellath | 81 |
55 | Mason Hayes & Curran | 80.0 |
56 | De Pardieu Brocas Maffei | 79.6 |
57 | Schultze & Braun | 77.9 |
58 | NCTM Studio Legale* | 77.7 |
59 | GSK Stockmann* | 75.7 |
60 | Niederer Kraft Frey* | 74.5 |
61 | Gómez-Acebo & Pombo | 70.5 |
62 | Vieira de Almeida | 70 |
63 | Darrois Villey Maillot Brochier* | 68 |
64 | Bruun & Hjejle | 66.7 |
65 | Van Doorne | 66 |
66 | Hannes Snellman | 65.5 |
67 | Setterwalls | 64.4 |
68 | August Debouzy | 63 |
69 | Capstan Avocats | 62.8 |
70 | Morais Leitão Galvão Teles Soares da Silva & Associados | 62.5 |
71 | Becker Büttner Held | 61.3 |
72 | PLMJ* | 60.5 |
73 | Horten | 59.7 |
74 | FPS Fritze Wicke Seelig | 56.5 |
75 | Kapellmann und Partner | 56.4 |
76 | Graf von Westphalen | 55.8 |
77 | Simonsen Vogt Wiig | 55.3 |
78 | Pestalozzi* | 54.5 |
79 | Racine | 54.3 |
80 | Castrén & Snellman | 52.8 |
81 | Lindahl | 50.6 |
82 | Vischer* | 49.5 |
83 | SKW Schwarz | 49 |
84 | Haavind | 47 |
85 | Heussen | 46 |
86 | LPA- CGR Avocats | 45.6 |
87 | SANDS | 45.4 |
88 | Borenius | 43.2 |
89 | Arntzen de Besche | 42.5 |
90 | Cerha Hempel* | 40.8 |
91 | Delphi | 39.8 |
92 | Krogerus | 39.8 |
93 | Selmer* | 39.7 |
94 | Kluge* | 39.2 |
95 | Dillon Eustace* | 39 |
95 | Jeantet Associés | 40 |
97 | De Gaulle Fleurance | 38.1 |
98= | UGGC Avocats | 33.6 |
98= | Abreu Advogados | 33.6 |
100 | Delsol Avocats | 32 |
*estimated
Further reading about the top 100 European law firms
The European Top 100 2021 – Profiles
Where in the world are the European 100?
Purchase The Lawyer’s 2020 European 100 report to find out:
- The European 100’s performance in 2020 and in-depth analysis about the market
- Which firms had the standout performances over five years
- How the European 100 navigated Covid-19
- Gender diversity in Europe
- How each major region on the Continent is performing