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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
February 05, 2024 | The American Lawyer

Deal Watch: Hogan Lovells and Wachtell Land Big Sports Deals

Professional and college sports were center stage this past week for lawyers.
7 minute read
January 08, 2024 | The American Lawyer

Deal Watch: Cravath, Skadden, Shearman, K&L Gates Steer Health Care Deals Amid Industry Momentum

"We are cautiously optimistic the healthcare and pharma IPO market will gain strength in 2024," said McDermott partner Todd Kornfeld.
7 minute read
November 02, 2023 | The American Lawyer

Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment

A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
8 minute read
September 20, 2023 | The American Lawyer

Arnold & Porter Enters Boston, Attracted to 'Significant' Biopharma Presence

Firm leaders expect the five-lawyer office to grow in the coming months, as Arnold & Porter will continue to be active on the lateral market in Boston.
3 minute read
September 18, 2023 | The American Lawyer

Deal Watch: With IPOs 'in the Pipeline,' Big Law Now Awaits Comeback

"A number of our IPOs in the pipeline have either restarted or moved up their timeline," said Davis Polk's Richard Truesdell, adding, "We don't expect to see a broad recovery in the IPO market before Q1 2024."
10 minute read

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