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April 16, 2024 | The American Lawyer

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.
2 minute read
April 16, 2024 | The American Lawyer

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.
2 minute read
April 16, 2024 | The American Lawyer

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.
2 minute read
April 16, 2024 | The American Lawyer

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.
2 minute read
April 16, 2024 | The Legal Intelligencer

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.
2 minute read
April 16, 2024 | The American Lawyer

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.
2 minute read
April 16, 2024 | Law.com

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.
2 minute read
April 11, 2024 | Pro Mid Market

Midsize Firms Poised to Gain Market Share as Big Law Sheds Rate-Sensitive Practices

Another year of strong rate increases for Big Law means continued pressure on practices that can't sustain firmwide increases—and opportunities for midsize firms with greater flexibility.
5 minute read
April 03, 2024 | Pro Mid Market

Legal Malpractice Claims Are Growing in Severity. How Can Midsize Firms Protect Themselves?

"If a transaction goes awry or someone buys a business that doesn't turn out the way they want it to be," clients sometimes direct their litigation at the lawyers who represented them in the deal, said an attorney who represents fellow attorneys in malpractice cases.
6 minute read
March 27, 2024 | New York Law Journal

Attorneys 'On the Move': Finance Partner Joins Fried Frank; DLA Adds Former Merck VP

And other announcements of recent hirings and promotions of New York attorneys.
7 minute read