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Credit: Phil Foster

The Am Law Second Hundred in 2018 enjoyed one of their best all-around financial performances in the past decade. But beyond the headline numbers, this year’s report might dredge up a complicated mix of emotions for a broad group of Big Law firms, from jealousy and anxiety to relief.

Gross revenue rose 3.1 percent to $19.6 billion while revenue per lawyer increased 1.6 percent to just above $667,500. Profits per equity partner were on the rise as well, up 2.8 percent to nearly $760,000.

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In 2018, 11 firms grew revenue more than 10 percent and 38 firms saw revenue increase more than 5 percent. That compares favorably to the prior year, when eight firms had double-digit percentage growth in revenue and 22 bulked up by at least 5 percent.

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