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Several DC Law Firms Rose in Latest Am Law 100 Ranking
While three D.C. firms slid down the rankings, six rose in the Am Law 100 and three others held their rank.
Jury Trial Decline Results in Fewer Verdict-Related Appeals. Does it Matter?
"If there is not a robust pipeline of decisions going up and coming down where the appellate courts are providing guidance to trial judges, then the consequence is oftentimes a lot of wasted time," said attorney Ryan Baker.
What It Means to be a Law Firm Partner Now
Instead of moving lawyers to the equity ranks, or keeping them as associates or counsel, there is a shift inside Big Law to make more lawyers salaried partners.
IOLA Exec: Hochul Set to Divert $55M From Fund, in Latest Twist in Legal Services Row
Hochul had previously abandoned a plan that would have taken millions more from the interest on lawyer accounts fund.
Meet Daniel Balmori: Unsung Hero, Multi-Generation Lawyer
"I know there are a lot of lawyer jokes out there," Daniel Balmori said. "But the examples that I had in my life showed this to be a really admirable profession."
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.TRENDING STORIES
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