Gap between Am Law 100 and 200 increases as US firms' revenue and profits are revealed
The revenue gap between the US's 100 largest firms and their second hundred counterparts widened in 2007 according to The American Lawyer's recently published Am Law 200 survey. Four new firms featured for the first time and one made a return to the rankings, which feature the 101st to the 200th largest firms in the US ranked by revenue.The results saw the average firm in the second hundred grow their turnover by 8.6%, from $157m (£80.2m) in 2006 to $170.5m (£87.1m) in 2007. This compared to an increase of 13.6% by firms in the top 100, increasing from $567.5m (£289.8m) in 2006 to $644.5m (£329.1m) a year later.
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