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'Sign of Overall Health': The Am Law 100 Metric That Deserves More Attention
"PPL, and especially year-over-year PPL growth, helps mitigate any biases in the numbers influenced by law firm size or geographic location."
Ballooning Nonequity Partnerships Are Boosting Leverage, But Will They Raise Profits?
For the first time, law firms added nearly as many nonequity partners as they did associates.
Super Rich List Expands With Familiar and New Faces
It's the second-largest membership the Super Rich club has seen in its decade-long history.
Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023
After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.
The 2024 Am Law 100: By the Numbers
Each year we dig through the numbers to compare the country's largest firms across more than a dozen financial metrics. Here we present some of the most important, interesting and surprising facts.
Law Journal Press | Digital Book
Pennsylvania Causes of Action, 12th Edition
Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN
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The 2024 Am Law 100: Ranked by Average Compensation - All Partners
Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.The 2024 Am Law 100: Ranked by Profits Per Lawyer
Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.The 2024 Am Law 100: Ranked by Profits Per Equity Partner
For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.The 2024 Am Law 100: Ranked by Revenue Per Lawyer
For the Am Law 100 as a whole, average revenue per lawyer, the metric that we've long regarded as the most reliable measure of a firm's financial health, increased by 4.9%. In 2023, eighty-five firms posted a gain in RPL.The 2024 Am Law 100: Ranked by Gross Revenue
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.TRENDING STORIES
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