The American Lawyer's newest Am Law 100 findings highlight this provocative fact: At the United States' top-grossing firms, additional lawyers are slowing the rate of revenue growth. Law firms are managing to improve profitability by cutting costs, boosting efficiency and making equity partnership more exclusive -- but revenue per lawyer isn't keeping pace with head count increases. Growing, it turns out, is easy. Growing profitably is what's hard.
2006 Am Law 100 Firms Feel Growing Pains
The American Lawyer
May 1, 2006