The Pennsylvania-based Am Law 100 firms are playing in the same sandbox as last year, with those in the top 50 growing on average at a faster pace than those in the bottom 50. But none of the firms in Pennsylvania made it to Legal affiliate The American Lawyer’s list of the 20 “super rich” firms.
The same eight Pennsylvania firms that were ranked in the magazine’s Am Law 100 last year appeared this year for their 2013 financial performance. And, for the most part, they were in nearly identical positions in the rankings of firms by gross revenue. While Pennsylvania firms lag behind their national counterparts when it comes to average revenue per lawyer (RPL) and profits per equity partner (PPP), they far exceeded the country in the pace with which they grew those metrics.
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