I was looking recently at profit margin (defined as operating income divided by revenue) for the combined 2018 AmLaw 100 firms; and noticed that at 40.03%, it was at its highest value in almost 30 years. In 1987, the American Lawyer first published the full AmLaw 100 firms ranking and reported a profit margin of 40.14% – a level which has not been exceeded since. This unusual finding prompted me to embark on a deeper review of the profit margins of the AmLaw 100 (Log Into Legal Compass To View the Am Law 100).
Three Profit Margin Shapes in 30 Years
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
