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Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023
After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.
The 2024 Am Law 100: Ranked by Average Compensation - All Partners
Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.The 2024 Am Law 100: Ranked by Profits Per Lawyer
Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.The 2024 Am Law 100: Ranked by Profits Per Equity Partner
For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.The 2024 Am Law 100: Ranked by Revenue Per Lawyer
For the Am Law 100 as a whole, average revenue per lawyer, the metric that we've long regarded as the most reliable measure of a firm's financial health, increased by 4.9%. In 2023, eighty-five firms posted a gain in RPL.
See How Pa. Firms Fared in The 2024 Am Law 100 Gross Revenue Ranking
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
The 2024 Am Law 100: Ranked by Gross Revenue
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.The 2024 Am Law 100: Ranked by Gross Revenue
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
Allen & Overy Hits Milbank Again for London Partner Hire
A&O added a five-lawyer structured finance team from Milbank in February.
Merger-Bound Shearman Loses Paris Tax Team to McDermott
McDermott said its Paris tax practice now has 10 attorneys, including four partners, one counsel, and five associates.Trending Stories
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- 2Ex-Judge Tatel Regrets Focusing Clerk Hiring on Applicants from Elite Law Schools
- 3Insights on M&A Trends: Midyear 2024 Expert Roundtable
- 4Dallas Firm That Won $45M Talc Verdict Scored Again: Jury Hits J&J With $260M
- 5It's Not Just the Spread. Big Law Is Making More 'Business-Driven' Pay Choices
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Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
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Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
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State AI Legislation Is on the Move in 2024
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2024 ESI Risk Management & Litigation Readiness Report
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