0 results for 'Kilpatrick Townsend'
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.
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.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.
With High Interest in Law Firm Acquisitions, 'A Likely Uptick' in Mergers Underway
Law firms with between 400 and 800 lawyers are especially hungry to acquire smaller firms right now, noted Lisa Smith at Fairfax.
New Chair Elected at Kilpatrick
It's the first new chair in a decade for the firm, which has some 570 lawyers in 22 offices.
The Law Firm Disrupted: Orrick, Reed Smith and Dechert Make Time to Get Comfortable With AI
For five years, Orrick and Reed Smith have been giving associates billable hours credit for innovation work, and in that interval, generative AI has jumped to the forefront.
'Modern Law Firm Work Environment': Am Law 100 Firm Plans Move to Smaller NY Office
The firm signed a 10-year lease for 27,667 square feet at 3 Times Square building, about a 38.5% decrease in space from its current office.TRENDING STORIES
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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 Future of AI in Law
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