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As Equity Tiers Shrink, Big Law Grows Leverage
While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.A Safe Bet? Lateral Hiring and Gambling on a Firm's Future
Lateral hiring is risky business. The Global Lawyer asks, is the gamble worth it?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…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.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.Corporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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