Compared to The Am Law 100, the financial gains posted by Second Hundred firms in 2010 were anemic. While the nation's 100 highest-grossing firms rebounded from a disastrous 2009 by posting healthy gains in 2010--a 4 percent increase in gross revenue, a 4.4 percent rise in revenue per lawyer, and an 8.4 percent pop in profits per partner--gains at the Second Hundred were less robust. The Second Hundred's total gross revenue rose 2.2 percent, to $17.46 billion in 2010 from $17.08 billion in 2009, while average revenue per lawyer increased just 1.5 percent, to $579,749 from $570,999. Average profits per partner rose 3.4 percent, to $665,665 from $643,580. So why aren't they worried?
Previous Am Law 200 coverage :: 2010 | 2009 | 2008 | 2007
THE CHARTS
Gross Revenue (Free)
Revenue Per Lawyer (Top 20 - Free)
Revenue Per Lawyer (Full Chart)
Profits Per Partner (Top 20 - Free)
Profits Per Partner (Full Chart)
Compensation - All Partners (Top 20 - Free)
Compensation - All Partners (Full Chart)
Value Per Lawyer (Top 20 - Free)
Value Per Lawyer (Full Chart)
INFOGRAPHIC: Click here for an interactive chart comparing The Am Law 200 firms to those in The Am Law 100, based on four key metrics of law firm economics.THE FEATURES
Overview: A Rebuilding Year Their recovery may be weaker than The Am Law 100s, but Second Hundred firms say it's all part of a plan. By Victor Li
A Chasm with Consequences Despite the recovery, market forces are combining to create unprecedented challenges for Am Law 200 firms. Get ready to make some tough decisions. By Aric Press
