The Money Rolled Right in for Am Law 200 Firms in the Midwest
With a global pandemic far from anyone's mind, law firms based outside Chicago saw a boom in mergers last year and grew their revenues faster than those inside the region's biggest commercial and financial hub.
May 21, 2020 at 03:40 PM
4 minute read
Law firms based in Midwestern cities outside of Chicago saw, on average, better revenue growth than the firms based in the Windy City as well as the Am Law 200 as a whole.
All 25 Am Law 200 firms that are based or founded in the Midwest saw their revenue grow in 2019. Seven of them—Barnes & Thornburg, Benesch, Ice Miller, Polsinelli, Porter Wright Morris & Arthur, Robins Kaplan and Spencer Fane—posted double-digit gains, far exceeding the average 5% growth the Am Law 200 and the 5.65% growth Chicago-based firms saw last year. Midwestern firms on average saw their revenue grow by 7.76%.
"It was a banner year for the firm in a lot of ways," said Gregg Eisenberg, the managing partner of Benesch, during a March interview. The Cleveland-based law firm saw its revenue rise by a record-breaking 25.2% last year.
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Law Firms Mentioned
- Cohen & Grigsby, P.C.
- Polsinelli
- Ice Miller
- Dorsey & Whitney
- Briggs and Morgan
- Benesch
- Lathrop Gage
- Barnes & Thornburg
- Thompson Hine
- Bingham Greenebaum Doll LLP
- Shook Hardy & Bacon
- Drinker Biddle & Reath LLP
- Taft Stettinius & Hollister
- Dickinson Wright
- Spencer Fane Britt & Browne
- Porter Wright Morris & Arthur LLP
- Faegre Baker Daniels
- Barnes Thornburg
- Husch Blackwell
- Robins Kaplan LLP
- Gray, Plant, Mooty, Mooty & Bennett, P.A.
- Dentons
- Kaplan
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