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Through Merger Talks, Troutman and Locke Lord Seek Market-Leading Position in Several Practices
The combined firm would have more than 90 lawyers in energy practices, 120 lawyers in life sciences practices, and 100 in real estate, according to an analysis of the firms' head count in these practices.Troutman Pepper and Locke Lord in Merger Talks to Create New Am Law 50 Law Firm
The combination would create a firm with more than 1,600 lawyers and would move the firm solidly into the Am Law 50.
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.
Troutman Pepper Kept Revenue Steady in 2023 Despite Early Lateral Departures
The firm was able to withstand the exit of 26 partners who moved to Goodwin Procter in the first quarter.
Paul Weiss Eyes Brussels Expansion With Second Partner Hire in a Week
The latest hires in Brussels comes amid the firm's rapid expansion drive in London.
Major Lindsey & Africa 'Blackballed' Associate Who Sued Troutman, Suit Claims
Gita Sankano claims that after she sued the Am Law 100 firm, Major Lindsey told its recruiters to refrain from working with her even as she was being considered as a candidate by another law firm.TRENDING STORIES
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