The American Lawyer | Analysis|Chart
By Jae Um | April 16, 2024
Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
By ALM Staff | April 16, 2024
Each year we dig through the numbers to compare the country's largest firms across more than a dozen financial metrics. Here we present some of the most important, interesting and surprising facts.
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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.
By Dan Roe | September 25, 2023
Big Law did a great job of making summers fall in love with law. Here, we rank the firms based on scores given by summer associates and hear directly from these new recruits on what worked and what didn't.
The American Lawyer | Chart|Ranking
By Law.com International Staff | September 19, 2023
The 100 largest law firms in the world saw profit decline on the back of several boom years.
By Law.com International Staff | September 19, 2023
The 200 largest law firms in the world, made up mainly of U.S. firms, saw growth slow in the latest fiscal year, with some regions out-performing others.
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