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Survey & Rankings

The 2020 Am Law 100

The American Lawyer's annual ranking of the 100 top-grossing U.S. law firms.

  • news

    The Am Law 100 Found Success in 2019. Will It Be Enough in 2020?

    David Thomas | April 21, 2020

    After a 5% increase in gross revenue and 3% growth in revenue per lawyer, the Am Law 100 were in a good place at the start of 2020. Then a global pandemic started. Now what?

  • news

    The 2020 Am Law 100: Ranked by Gross Revenue

    ALM Staff | April 21, 2020

    Kirkland & Ellis became the first law firm to top $4 billion in annual revenue, taking the top spot once again.

  • news

    How a Law Firm's Comp System Affects Profitability and Partner Satisfaction

    Hugh A. Simons | April 21, 2020

    Profitability growth has varied markedly by compensation system over the past decade, while partner satisfaction has been consistent across all systems. The choice of compensation system is thus best thought of as a critical strategy decision.

  • news

    The 2020 Am Law 100: Ranked by Revenue Per Lawyer

    ALM Staff | April 21, 2020

    Wachtell, Lipton, Rosen & Katz remains the only firm with revenue per lawyer of above $2 million—not to mention $3 million.

  • news

    As Law Firms Change Their Pension Plans, Will Retiring Partners Shoulder the Risk?

    Dylan Jackson | April 21, 2020

    Since the Great Recession, many of the Am Law 100 have altered the potentially burdensome pension plans that have spelled trouble for firms in the past. But in the midst of a stock market rollercoaster, that might be a problem for partners thinking of making an exit.

  • news

    The 2020 Am Law 100: Ranked by Profits Per Equity Partner

    ALM Staff | April 21, 2020

    Wachtell holds a million-dollar lead on its closest competitor when it comes to profits per equity partner.

  • news

    For the Am Law 100, Mergers Don't Always Mean Immediate Results

    Christine Simmons | April 21, 2020

    An analysis of recent history shows that it often takes time before a merger delivers top-line growth, especially in times of crisis.

  • news

    The 2020 Am Law 100: Ranked by Profits Per Lawyer

    ALM Staff | April 21, 2020

    Wachtell leads the way with a PPL more than double that of any other firm in the country.

  • news

    From the Editor: What the 2019 Numbers Tell Us About Managing Through 2020

    Gina Passarella Cipriani | April 21, 2020

    For firms with cash on hand, the coming months will be much more manageable, Gina Passarella writes in the editor's note from the 2020 Am Law 100 report.

  • news

    The 2020 Am Law 100: By the Numbers

    ALM Staff | April 21, 2020

    A closer look at the numbers that defined the Am Law 100's 2019 financial results—in visual form.

  • news

    Straight to the Top: The Super Rich Drove Nearly All the Am Law 100's Profits Growth

    Patrick Smith | April 21, 2020

    These are the 30 firms that exceeded our benchmarks to make it onto this year's Super Rich list. This year, as much as ever, their ability to build on their wealth stands out among the Am Law 100.

  • news

    The 2020 Am Law 100: At a Glance

    ALM Staff | April 21, 2020

    Details on the financial performance of the country's largest law firms in 2019, from A to Z.

  • news

    The 2020 Am Law 100: Ranked by Compensation—All Partners

    ALM Staff | April 21, 2020

    The average compensation for all partners in the Am Law 100 grew 4% in 2019, a small step back from the growth that group experienced in 2018.

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About the Survey

In many respects, 2019 was a good year for the Am Law 100. Gross revenue ticked up 5%, revenue per lawyer climbed 3%, and profits per equity partner climbed 5%. But by this spring, 2019 already felt like a snapshot of another lifetime. As Big Law does its best to navigate the coronavirus crisis, this year's Am Law 100 report contemplates how last year's numbers will affect the way firms manage throughout 2020—and what next year's numbers could look like when all is said and done.

The Am Law 100 report includes details on all the numbers for every firm: gross revenue, revenue per lawyer, profits per equity partner, average partner compensation, profits per lawyer and more. And we take you behind the numbers with in-depth features on law firm mergers, compensation systems, pension plans and the Super Rich.


 

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