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Surveys & Rankings ›

The 2021 Am Law 200

The American Lawyer's annual ranking of the U.S. law firms ranked 101 through 200 by gross revenue.

 
  • May 18, 2021 | news

    Faced With a Fractured Economy, the Am Law 200 Not Only Survived—They Grew

    By Dan Packel

    In a year of incredible uncertainty that brought greater challenges to the Second Hundred than the Am Law 100, this diverse group of firms made it through the wilderness.

  • May 18, 2021 | news

    The 2021 Am Law 200: Ranked by Gross Revenue

    By ALM Staff

    A newly formed firm found a home at the top of the Second Hundred this year, and an Am Law 100 mainstay saw a steep decline.

  • May 18, 2021 | news

    Protective Measures: What PPP Loans Revealed About the Am Law 200 Firms That Took Them

    By Dan Roe

    In the end, Paycheck Protection Program loans reflected firms' philosophy more than their financials.

  • May 18, 2021 | news

    The 2021 Am Law 200: From A to Z

    By ALM Staff

    Meet the newest firms in the Am Law 200—and get a glimpse at how everyone in the Second Hundred performed in 2020.

  • May 18, 2021 | news

    How a Firm Without Offices Rode Remote Work Right Onto the Am Law 200

    By Dylan Jackson

    FisherBroyles may not have a physical presence, but pandemic-fueled growth has helped put it on the map.

  • May 18, 2021 | news

    The 2021 Am Law 200: By the Numbers

    By Roberto Jimenez

    A look at the numbers that defined the year in the legal industry—in visual form.

  • May 18, 2021 | news

    As Clients Search for Alternatives, AFAs Are Growing in Prominence

    By Andrew Maloney

    Gains have been slow but steady, as alternative fee arrangements continue to make up a growing portion of revenue among the Am Law 200.

  • May 18, 2021 | news

    The 2021 Am Law 200 Elites: RPL, Profits and Value Per Lawyer

    By ALM Staff

    Am Law 100 firms lead the way, but several Second Hundred firms are among the highest-ranking in revenue per lawyer, profits per equity partner and value per lawyer.

  • May 18, 2021 | news

    Why a Difficult Pandemic Year Is Leading Firms to Target Virtual Expansion

    By Ben Seal

    Pandemic-aided geographic expansion could fuel growth for those on the outside looking in at the Am Law 200 in the coming years.

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About the Survey

The warnings last spring were dire. As the pandemic set in, many law firms were expecting to face double-digit revenue declines by year end, and how the year would transpire was anyone's guess. Anyone making predictions at that time would be amazed to pore through the final numbers and realize that the Second Hundred of the Am Law 200 turned in a narrowly positive year on revenue, up 1.1%, and a significant year of growth in revenue per lawyer (up 3%) and profits per equity partner (up 8.8%).

Those numbers, of course, only tell part of the story of 2020 for the Am Law 200. Last year also saw the return of growing separation between the Am Law 100 and the Second Hundred, as well as the introduction of the first virtual firm to the Am Law 200. In this year's report, we detail the most important trends from last year and what they will mean for the industry going forward, including the prevalence of Paycheck Protection Program loans throughout the Second Hundred, the growing prominence of alternative fee arrangements, and the enticing option of virtual expansion for midsize firms.


 

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The American Lawyer provides the most informed and trusted source of news, data, analysis and forecasting on the global business of law.

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