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Claims about the positive influence of emotional intelligence (EI) on work team performance are very numerous, both in commercial and scientific literature. In this study, EI was assessed using the Wong and Law Emotional Intelligence Scale (WLEIS). Paper examined the relationship between emotional intelligence and performance of 15 teams selected from higher education institutes of Pakistan. A single questionnaire was used to gather data from the teams, each team consisting of 5-15 members. Simple and multiple regression was applied to investigate the relationships between emotional intelligence as a whole and team performance and then between different dimensions of emotional intelligence. Results indicated that emotional intelligence had positive impact on team performance. The study recommended that experimental study may be conducted to compare the performance of teams before and after providing the training on emotional intelligence so that a clear picture may emerge.