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Power Ranking the Am Law 100: Flash Points Ahead
Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
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.
Orrick to Pay $8M to Settle Data Breach Class Action
Lawyers for the class members could receive 25% of the settlement fund, depending on their application for attorney fees.
Orrick Lures Kramer Levin's Life Sciences Practice Head
"We see her as another game-changing addition to our growing national team handling cutting-edge cases," noted Alyssa Caridis, co-head of Orrick's IP business unit, about Irena Royzman.
Hogan Lovells Hires 6-Lawyer Team, Including Former French Energy Regulator, in Paris
In other Paris moves, Herbert Smith Freehills got back a veteran banking and finance partner from a French firm, and a veteran Big Law arbitration partner started his own firm.
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.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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