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April 16, 2024 | The American Lawyer

Ex-Big Law Corporate Defenders Explain Why They Now Help Fund the Opposite Side of the 'V'

"The skillsets we were developing as associates were largely transferable," said Evan Meyerson, a former Paul Weiss associate who moved to Burford Capital. "A big part of litigation strategy is thinking about what the other side thinks about your case and the job at Burford is to think through these investments as a devil's advocate."
8 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
April 15, 2024 | The American Lawyer

Hinshaw, After Lateral Hires and Combination, Grows Revenue and Profits Double Digits

Average PEP shot up more than 34%, as retirements and the progression of some lateral partners through a contract stage had some effect, said firm chair Peter Sullivan.
4 minute read
March 01, 2024 | The American Lawyer

Ex-Foley & Lardner Adviser Alleged of Being Cuban Spy Signals Guilty Plea in Court

Victor Manuel Rocha, a former U.S. diplomat and adviser in Foley & Lardner's Miami office, indicated he's pleading guilty to two counts of conspiring to act as an agent of a foreign government after his arrest in December.
2 minute read
February 27, 2024 | The American Lawyer

Blank Rome Adds 4 From Akerman in Second 2024 White Collar Group Hire

Partners Bradley Henry and Kathleen Shannon lead the team, which is divided between New York and Washington.
4 minute read
February 21, 2024 | The American Lawyer

Bradley Arant Sees Revenues Rise and PEP Fall Amid 12% Equity Partner Expansion

The firm's PEP dropped by 5% to $820,000, as its equity tier expanded and its nonequity tier shrunk by 9%, bucking a trend in the industry of growing the nonequity ranks.
5 minute read

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