By Ben Seal | May 22, 2018
There was an unusual amount of movement in the Second Hundred this year, brought on, in part, by a series of mergers that took Chadbourne & Parke, Kaye Scholer, Strasburger & Price and Sutherland Asbill & Brennan out of the picture, as well as the closing of Sedgwick.
By VerdictsSearch | April 30, 2018
A multi-billion dollar verdict involving breaches of fiduciary duty scores the top award in the 2017 list by NLJ-affiliate VerdictSearch.
By Karen Sloan | April 25, 2018
The law class of 2017 overall fared better in the entry-level job market, but national figures obscure the extreme stratification of employment success for grads from individual schools. Our 10 charts break down all the latest hiring data, showing the schools that excelled—and those that lagged behind.
By Gina Passarella Cipriani | April 24, 2018
Twenty-five firms had growth rates of at least 10 percent, up from 20 in 2016. Norton Rose led the way with a 32.3 percent leap in PPP. Two firms (Crowell & Moring and Jenner & Block) had double-digit declines, fewer than the five firms that saw double-digit declines in 2016.
By Gina Passarella Cipriani | April 24, 2018
Thirty-one firms posted gross revenue over $1 billion in 2017, four more than in 2016. Eighty-five reported gains, up from 82 last year. Kirkland reported the biggest gain, 19.4 percent. K&L Gates had the steepest decline, 16.1 percent.
The American Lawyer | Chart|Infographic
By Gina Passarella Cipriani | April 24, 2018
Average Compensation–All Partners rose by 5.3 percent in 2017, compared with an increase of 1.6 percent in 2016. Seventy-nine firms posted increases, compared with 71 the previous year. Nineteen firms posted double-digit gains, while three posted double-digit losses.
By Gina Passarella Cipriani | April 24, 2018
Wachtell, Lipton, Rosen & Katz has led this ranking since the metric's inception in 2005. At that firm, each lawyer contributed an average of $1.9 million in 2017, and it took an average of 5.3 lawyers to generate $10 million.
The American Lawyer | Chart|Infographic
By Gina Passarella Cipriani | April 24, 2018
Our Profitability Index metric looks at a firm's ability to convert revenue into profits. This metric, introduced in 1985, seeks to demonstrate which firms best balance leverage and profit margin for the highest possible profits per partner.
The American Lawyer | Chart|Infographic
By Gina Passarella Cipriani | April 24, 2018
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 3.2 percent, higher than the 1.5 percent increase at Am Law 100 firms in 2016.
The American Lawyer | Chart|Infographic
By Gina Passarella Cipriani | April 24, 2018
Profits per lawyer is an alternate way of looking at firm profitability, and is intended to reduce the influence of factors such as leverage. A firm's PPL is its net income divided by its lawyer count. Wachtell topped the list with a PPL of $1,897,000.
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