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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
April 10, 2024 | The American Lawyer

Allen & Overy Arbitration Partner Jumps to Hughes Hubbard

Gaela Gehring Flores will co-chair the firm's international arbitration group, based in Washington, D.C.—part of a recent migration of top-level talent with that specialty.
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
April 09, 2024 | The American Lawyer

IPO to Insolvency: Big Law Isn't Done Making Money on EV SPACs

"They didn't care because they were making too much money off of it, and now it's especially sad that they're finding yet another way to make money off of the very problems they helped create," Yale Law School professor John Morley said of the corporate lawyers who participated in the frenzy.
8 minute read
April 08, 2024 | The American Lawyer

The AI Revolution Is Here. Who Will Be the Winners and Losers in Legal Services?

"If they figure out how to incorporate this technology into their comp model, then they'll be the winners," said Stephanie Corey, co-founder of the legal ops consulting firm UpLevel Ops, on the rise of AI and how it will disrupt the way law firms do business.
10 minute read
April 03, 2024 | The American Lawyer

Government Lawyers, Particularly at DOJ, Are 'Flooding' the Job Market

Some law firms are reportedly "receiving five to six resumes a day from DOJ candidates," noted Dan Binstock, a partner at D.C.-headquartered search firm Garrison.
8 minute read
April 02, 2024 | The American Lawyer

Wachtell, Goodwin Top Q1 League Tables as Global M&A Value Jumps 38%

While the value of global M&A announced during Q1 was up significantly, the number of deals declined by 31% when compared with the same period a year ago.
2 minute read

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