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May 02, 2024 | The American Lawyer

DEA's Marijuana Rescheduling Plan Has Law Firms High on Expanding Relationships With Cannabis Clients

"As the cannabis market starts to perform better, our services across our entire platform should be in greater demand," said Seth Goldberg, co-chair of the cannabis industry group at Duane Morris.
9 minute read
April 26, 2024 | The American Lawyer

Caribbean Energy Needs Are on the Rise, and Plenty of That Work is Headed For U.S. Law Firms

After a slow period in the Caribbean that was caused by COVID-19 and supply chain issues, lawyers are starting to see an uptick of work coming out of the region, particularly in the energy sector.
5 minute read
April 17, 2024 | The American Lawyer

Bridge Collapse Draws in Several Law Firms for Upcoming Litigation

Two Am Law 100 firms and several plaintiff firms have entered appearances. Observers expect more lawyers to enter as litigation and investigations mount.
5 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
April 16, 2024 | The American Lawyer

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.
2 minute read
April 09, 2024 | The American Lawyer

An Early Look: The 2024 Am Law 200 Financials

This feed is continually updated. So bookmark it, check back regularly, and stay tuned for the Am Law 100 and Second Hundred reports coming soon.
17 minute read
March 13, 2024 | The American Lawyer

Duane Morris Sees 16th Straight Year of Revenue Growth, but Profits Lagged

Chairman and CEO Matt Taylor pinned the 3.6% dip on pressures on transactional work.
4 minute read

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