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May 02, 2024 | The American Lawyer

A Mayer Brown Divorce in Greater China: Who Wanted it More?

When news broke that Mayer Brown was splitting up with its Greater China practice, it was not just another story of an American law firm pulling out of China, writes Asia Editor Jessica Seah. This is much bigger. It is a story of the changing nature of globalization and illustrates the geopolitical and economic realities of our times.
6 minute read
April 30, 2024 | The American Lawyer

Mayer Brown Set to Split With 170-Lawyer Greater China Offices

The firm's Hong Kong office is one of the largest operations run by an international law firm, but has been hit by a market downturn, data security risks and a political saga.
5 minute read
April 22, 2024 | The American Lawyer

Most Big Chicago Law Firms Grew in 2023, but Several Not as Fast as Am Law 100

Six of the nine Chicago-founded Am Law 100 law firms had lower revenue growth than the 100 as a whole. But most Chicago firms maintained their spots or moved up in the latest rankings
5 minute read
April 19, 2024 | The American Lawyer

The Law Firm Disrupted: For Office Attendance, is Music a New Carrot?

Mayer Brown's Charlotte office has a record room—for listening to LPs, not storing boxes of documents.
4 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 15, 2024 | The American Lawyer

Deal Watch: Freshfields, Fenwick, Simpson, Skadden Lead Megadeals as Geopolitical Concerns Muddy M&A Bounceback

Mega M&A deals continue to power the deal market recovery in 2024 while headwinds continue to multiply.
10 minute read

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