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Largest Law Firms Increase Partner Pay Spread, as Comp Models Hit 'Inflection Point'
The Am Law 100 upped its average equity partner pay spread from 9.8-to-1 in 2022 to 10.3-to-1 in 2023, according to a sample of firms' data.
Law Firm Competitors Grow Their Atlanta Offices But King & Spalding, Alston Remain Dominant
Holland & Knight, Lewis Brisbois and Baker Hostetler are among the big firms with rapid growth in the city.
UPDATE: Georgia Legal Food Frenzy Organizers Push Donations on Final Day
Habachy Law holds first place; just hours left to contribute!
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.
See How Pa. Firms Fared in The 2024 Am Law 100 Gross Revenue Ranking
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.
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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