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Compare that with an Int'l law firm. With almost 900+ lawyers Davis & Polk had revenues of USD 1.4bn (these are 2018 figures, must be higher now). USD 1.4bn!!! Even though there is no huge difference in terms of the number of lawyers that KCO has.
80mn vs 1.4bn!!
Somebody please throw some light on how much revenues do Indian firms generate man
Total Indian law firm market is a mere USD 1,350 million (Rs. 10,000 cr). Of this Indian firms have about 65% share USD 880 million (Rs.6,600 cr).
CAM / SAM / AZB / KCO each have revenues around USD 106 million (Rs. 880 cr). This is a mere 2.5% of Kirkland’s revenues. I’m not going into the PEP for Indian firms because equity is shared rarely and shared generously even more rarely outside the family so the list of EPs is not a true reflection of their hard work, brand name and the business brought in.
Indian law firms are too small and insignificant in the global context. Even in Indian context, a sub 1000 cr revenue business is not huge. Market leaders of most industries such as TMT, BFSI, Real Estate are much bigger.
Man, I feel so small now. Why do we lawyers pretend to be so self-important again? I need to appreciate Bapi bhaiya more.
880 crores for CAM SAM KCO Trilegal et al vs 31,100 crores for Kirkland??
Wow that's just sad. Time to start thinking about jumping ship to foreign firms
The ship you're jumping needs to be willing to take you on board lol
Trilegal has an estimated 700 million dollars according to Grojo. Is it accurate? If it's accurate, it puts Trilegal on par with international law firms (for example Clyde & Co that reach near the same revenue 900 million dollars)
https://growjo.com/company/Trilegal
Since it seems (from your post and the comments here) like it will portray Indian law firms as smaller than their western counterparts in terms of money, your research could be decried as anti-national and propaganda nonsense and you will be ostracized.