By ALM Staff | April 16, 2024
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 Legal Intelligencer | Chart
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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.
By Patrick Smith | April 15, 2024
Mega M&A deals continue to power the deal market recovery in 2024 while headwinds continue to multiply.
By Patrick Smith | April 15, 2024
In this week's Legal Speak episode, McDermott Will & Emery Chair Ira Coleman explains "Big Law Better," his idea on where the legal sector is moving and what elements of previous iterations the industry should be looking to maintain and which it should perhaps relegate to times gone by.
By Andrew Maloney | April 15, 2024
Tracey Zaccone and Justin Rosenberg moved to Simpson last year from Paul Weiss.
By Dan Roe | April 15, 2024
The global law firm saw rising demand across its platform, said U.S. managing partner Jeff Cody.
By Andrew Maloney | April 15, 2024
Average PEP shot up more than 34%, as retirements and the progression of some lateral partners through a contract stage had some effect, said firm chair Peter Sullivan.
By David Wood | April 15, 2024
While growing by acquiring lateral partners and practice groups can be lucrative, it carries many risks. Lateral candidates' projections of the revenue they will bring to a new firm can prove inaccurate, or a particular candidate may simply be a bad fit culturally.
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