Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Photo: Shutterstock.com

When it comes to law firm profits, the richest firms are breathing increasingly rarefied air. But despite eye-popping numbers at the top last year, growth in Am Law 100 profits was actually, for once, more egalitarian.

The American Lawyer’s early reports on 2018 financials showed Kirkland & Ellis and Paul, Weiss, Rifkind, Wharton & Garrison surpassing $5 million in profits per equity partner, and more firms reaching $4 million than ever before. A full 20 firms last year registered at least $3 million in PEP, up from 16 a year ago. Welcome to the club Fried, Frank, Harris, Shriver & Jacobson; Debevoise & Plimpton; Paul Hastings; and Weil, Gotshal & Manges.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.