Jones Lang LaSalle (JLL) 8-K Entry into a Material Definitive Agreement

Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

($ in thousands)	For the Nine Months Ended September 30,						For the Year Ended December 31,
	2012			2011			2011			2010		2009			2008		2007
Earnings:
Net income (loss) attributable to the Company	$	100,978		$	79,466		$	164,384		$	153,902	$	(3,595	)	$	84,883	$	257,832
Provision for income taxes		34,587			26,863			56,387			49,038		5,677			28,743		87,595
Equity in (earnings) losses from real estate ventures		(22,103	)		(2,682	)		(5,745	)		11,379		58,867			5,462		(12,216	)
Operating distributions from real estate ventures		7,996			555			593			188		157			1,064		11,560
Fixed charges		59,599			59,314			79,621			84,295		93,666			71,907		47,682
Total Earnings	$	181,057		$	163,516		$	295,240		$	298,802	$	154,772		$	192,059	$	392,453
Fixed Charges:
Interest expense	$	26,779		$	28,462		$	38,140		$	47,469	$	57,073		$	34,932	$	18,362
Applicable portion of rent expense1		32,820			30,852			41,481			36,826		36,593			36,975		29,320
Total Fixed Charges	$	59,599		$	59,314		$	79,621		$	84,295	$	93,666		$	71,907	$	47,682
Ratio of Earnings to Fixed Charges		3.04			2.76			3.71			3.54		1.65			2.67		8.23

1 Represents one-third of rent expense, which we believe approximates the portion of rent expense that relates to interest.