Just as the S&P 500 Index has taken a punishing hit since hitting an all-time peak on Jan. 3, the collective valuation of the firms in the Am Law 100, as calculated by one law firm analyst, has plunged over the last seven months.

Applying his proprietary methodology for the third time to the American Lawyer’s own data, Hunton Andrews Kurth CFO Madhav Srinivasan found in June that, based on figures from the 2022 Am Law 100 report, the valuations of these firms had dropped by 8.3% since he last performed the analysis in November 2021.

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