In the previous article of this series, we expressed profit margin (defined as operating income divided by revenue)  in terms of revenue per lawyer (RPL) and cost per lawyer (CPL). We noted that 2018 profit margin at 40.03% was at the highest level in 30 years; and had been climbing steadily upwards from 2009. We examine here whether this upward trend can continue into next year? In other words, could Am Law 100 profit margin increase further from 2018 to 2019? And can 2019 exceed the record margin of 40.14% set in the very first year of the Am Law 100 publication in 1987?

Projecting 2019 Profit Margins

This content has been archived.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 Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

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]