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SNAPSHOTS OF THE AM LAW 100

Ins and Outs

Three Texas firms were among the newcomers to the Am Law 100, while a high-profile Minnesota firm dropped off.
ARRIVALS HOW THEY GOT THERE
Andrews & Kurth A merger increased head count.
Cozen O'Connor A strong year for bankruptcy practice.
Finnegan, Henderson, Farabow, Garrett & Dunner Patent prosecution paid off.
Haynes and Boone Plenty of Texas energy and real estate work.
Quarles & Brady Expanding beyond its Milwaukee base.
Steptoe & Johnson Litigation and bankruptcy work saved the day.
Troutman Sanders Another example of growth through merger.
Venable An investment in IP litigation paid dividends.
DEPARTURES WHY THEY WENT
Arter & Hadden Cleveland didn't rock last year.
Fenwick & West The latest victim of the tech crash.
Kelley Drye & Warren Virtually flat growth, thanks to the capital markets slowdown.
Pepper Hamilton Dropped to the Second Hundred, despite a 10 percent revenue increase.
Preston Gates & Ellis The nationwide drop in corporate work didn't spare Seattle.
Robins, Kaplan, Miller & Ciresi Nicotine withdrawal-a big tobacco payout ended.
Wilson, Elser, Moskowitz, Edelman & Dicker Dropped to the Second Hundred on weak revenue growth.
Source: The Am Law 100

Change in Profits per Partner

Biggest increases in profits per partner, 2000 to 2001
FIRM PERCENT INCREASE
Paul, Weiss 38.8%
Sonnenschein 37.8%
O'Melveny 34.0%
Reed Smith 27.0%
Locke Liddell 25.3%
Source: The Am Law 100
 

Biggest decreases in profits per partner, 2000 to 2001
FIRM PERCENT INCREASE
Brobeck -43.6%
Shearman & Sterling -29.6%
Mintz, Levin -28.2%
Buchanan Ingersoll -27.2%
Cooley Godward -21.0%
Change in Gross Revenue

Biggest increases in gross revenue
FIRM PERCENT INCREASE
Troutman Sanders 77.7%
Andrews & Kurth 43.2%
Quarles & Brady 35.9%
Akin, Gump 28.6%
Holland & Knight 28.3%
Source: The Am Law 100  
 

Biggest decreases in gross revenue
FIRM PERCENT INCREASE
Testa, Hurwitz -12.9%
Brobeck -6.1%
Buchanan Ingersoll -3.3%
Wilson Sonsini -2.7%
Fried, Frank -1.3%
(The American Lawyer, July 2002)
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