Average revenue per lawyer (RPL) for The Am Law 100 declined in 2013, the first time since 2009, albeit only by 0.4 percent. Sixty-six firms reported gains in this metric, compared with 69 in 2012 and 74 in 2011.
Four firms had gains greater than 10 percent: Quinn Emanuel Urquhart & Sullivan (18 percent), Simpson Thacher & Bartlett (14.9 percent), Shearman & Sterling (13.4 percent), and Vinson & Elkins (10.9 percent). O’Melveny & Myers had the largest decline in RPL, 8.6 percent, while Jenner & Block had the second-largest drop, 7.8 percent.
Figures on this chart are rounded to the nearest $5,000. Firms that are tied are listed alphabetically. Leverage is the ratio of all lawyers (minus equity partners) to equity partners. For more details, see “ A Guide to Our Methodology.”
* Vereins differ structurally from other Am Law 100 firms, especially in regard to profit sharing.
1Fiscal year ends on March 31. Results are projected in order to meet The Am Law 100's publication deadline.
2Fiscal year ends on March 31. Results are projected in order to meet The Am Law 100's publication deadline.
3Fulbright & Jaworski joined with Norton Rose in June of 2013 to form the Norton Rose Fulbright verein, so there is no year-over-year comparison.
4SNR Denton joined with Fraser Milner Casgrain and Salans in March 2013 to form the Dentons verein, so there is no year-over-year comparison.