It may be the largest law firm in the world, but in terms of profits per partner, Baker + McKenzie is a lowly 75th in the US alone. So what’s wrong? And what is the world’s most successful law franchise doing?
When Abbott Laboratories planned the recent spinoff of its hospital products division, the company had the daunting task of setting up legal entities in more than 40 countries. To help accomplish the task, Abbott turned to Baker & McKenzie, a law firm based in Chicago that is the world’s largest, with more than 3,200 lawyers […]