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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 | Law.com

How I Made It to Law Firm Leadership: 'Make Sure You Want a Leadership Role for the Right Reasons,' Says Amie Colby of Troutman Pepper Hamilton Sanders

"The advice I would give is to make sure you want a leadership role for the right reasons. If you want it just for the title, firm leadership should not be your goal. Leadership requires a firm first mentality and a lot of time and effort outside of your practice."
7 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 18, 2024 | Daily Report Online

2024 Southeastern Legal Awards Honorees Announced

The Daily Report and Law.com are pleased to announce its 2024 winners and finalists for the second annual Southeastern Legal Awards. Previously known…
4 minute read
April 17, 2024 | Daily Report Online

How Atlanta Law Firms Fared in the Am Law 100

King & Spalding remained at No. 17 in the latest Am Law 100. Among four other Atlanta-founded firms, two rose and two fell in the rankings.
7 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
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

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