It’s been a surprisingly strong year for many of the nation’s top-grossing firms, buoyed by the recovering U.S. economy and robust transactional and tech markets. There’s a new No. 1 at the top of The Am Law 100. Gross revenue, revenue per lawyer, profits per partner and other metrics—including a new profit measure we introduce this year—showed solid gains overall; some firms saw double-digit increases in those measures. Growth at several firms was superficial (achieved, for example, by adding lawyers, which boosts revenue). Still, the richest firms got even richer.
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