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May 02, 2024 | The American Lawyer

DEA's Marijuana Rescheduling Plan Has Law Firms High on Expanding Relationships With Cannabis Clients

"As the cannabis market starts to perform better, our services across our entire platform should be in greater demand," said Seth Goldberg, co-chair of the cannabis industry group at Duane Morris.
9 minute read
May 02, 2024 | The American Lawyer

Geographic Expansion, Increased Competitiveness Underscore String of Law Firm Mergers

From A&O Shearman to a series of boutique acquisitions, law firm tie-ups are helping firms expand into new markets and raise their stature in the marketplace.
4 minute read
May 01, 2024 | The American Lawyer

Simpson Thacher Plans Boston Office, Hires Skadden Funds Partner

The New York law firm is the third Am Law 100 law firm to announce a Boston location in the last eight days.
4 minute read
May 01, 2024 | The American Lawyer

Blank Rome Recruits 25 Burns & Levinson Lawyers to Launch Boston Office

The hires give the Philadelphia-founded firm its 16th office along with a new cannabis practice.
4 minute read
April 17, 2024 | The American Lawyer

Bridge Collapse Draws in Several Law Firms for Upcoming Litigation

Two Am Law 100 firms and several plaintiff firms have entered appearances. Observers expect more lawyers to enter as litigation and investigations mount.
5 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

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