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April 25, 2024 | The Legal Intelligencer

A Tight Economy Increased Costs and Hindered Productivity for Pennsylvania's Am Law 100

An analysis by The Legal looked at Am Law 100 revenue and net income figures and determined that eight of Pennsylvania's firms saw their total costs outpace revenue growth by anywhere between 0.5% and 4.6%
5 minute read
April 24, 2024 | The American Lawyer

Through Merger Talks, Troutman and Locke Lord Seek Market-Leading Position in Several Practices

The combined firm would have more than 90 lawyers in energy practices, 120 lawyers in life sciences practices, and 100 in real estate, according to an analysis of the firms' head count in these practices.
5 minute read
April 22, 2024 | The American Lawyer

Help, the Lenders Are Fighting Again: Creditor Violence Driving Demand in Bankruptcy, Litigation Practices

As more large corporations go bust, lenders are jockeying for the position to get repaid first.
6 minute read
April 19, 2024 | Law.com

The Law Firm Disrupted: For Office Attendance, is Music a New Carrot?

Mayer Brown's Charlotte office has a record room—for listening to LPs, not storing boxes of documents.
4 minute read
April 18, 2024 | The American Lawyer

Troutman Pepper and Locke Lord in Merger Talks to Create New Am Law 50 Law Firm

The combination would create a firm with more than 1,600 lawyers and would move the firm solidly into the Am Law 50.
5 minute read
April 16, 2024 | Texas Lawyer

Susman Godfrey Jumps to Am Law 100 Ranking, Joining 5 Other Homegrown Texas Firms

Four of the six homegrown Texas firms posted higher revenue in 2023, compared with the prior year, moving up in the Am Law 100 rankings.
2 minute read
April 16, 2024 | Corporate Counsel

Longtime Mary Kay Legal Chief Julia Simon Joins Top Texas Litigation Firm

"If I wanted to stay in-house, I would have stayed at Mary Kay. What I wanted was a different challenge," retired Mary Kay legal chief Julia Simon told Law.com on her return to private practice in April. "The idea of bringing my broad knowledge and skills back to private practice and to a top tier trial firm was compelling."
4 minute read
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