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It’s that time of year again, when reports about U.S. firms’ prior-year performance begin to emerge before the annual printing of the Am Law 100 and 200 lists. Absent from those lists are firms that do not meet the full criteria for Am Law inclusion, but would qualify based on their standalone U.S. financial performance. This diverse group of firms (see Figure 1) includes former Am Law 200 firms which no longer meet the Am Law criteria (like Dentons), global firms based outside the U.K. (like Clyde & Co and Eversheds Sutherland), and four firms within the U.K.’s prestigious Magic Circle group. All of these firms have large U.S. footprints and U.S. practices which could rival Am Law firms in revenue and profitability. Typically though, we hear very little about the U.S. practices of these firms. The reason for this is simple – most of these firms don’t provide much clarity into the performance of their U.S. practices. In this regard, Clifford Chance is unique.

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Nicholas Bruch, Director, ALM Intelligence

Nicholas is a Director at ALM Legal Intelligence. He is ALM’s principle analyst for the legal market and is the Director of the ALM Intelligence Fellows Program. Nick’s research on the legal market is regularly featured in The American Lawyer and other industry leading media outlets. Nick also speaks extensively on the legal market, keynoting major industry events and speaking at partner retreats for large and mid-sized law firms. Prior to joining ALM Legal Intelligence, Nick was part of Huron Consulting’s Law Firm Strategy Practice in the firm’s New York and London offices. Nicholas’s experience includes advising law firms and law department in developing and developed markets on issues related to strategy, business development, market intelligence, and operations. Nick holds a Masters of International Business from the Fletcher School at Tufts University and a BA in Economics and Philosophy from DePaul University.

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