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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.
Kirkland, Proskauer, Hogan Lovells Add Partners Amid Brisk Lateral Activity in Big Firms
Proskauer lured a partner from Kirkland, which gained a partner from Gibson Dunn.
Morgan Lewis, Hogan Lovells, Ropes, Wiley and Cohen Milstein Add DC Laterals
Hogan Lovells hired litigators Nadira Clarke, Lily Chinn and Anne Carpenter from Baker Botts, while Morgan Lewis added R. Latane Montague, previously a leader of Hogan Lovells' transportation practice.
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.
Revenue, Profits Slip at Baker Botts as Firm Invests in Hiring, Singapore Office
Managing partner Danny David, who took on the managing partner role on Aug. 1, said 2023 was a year of investments and focus on adding strength to strength.
Diversity of Practices Helped Foley Grow Revenue by 8.1%, Profits Per Equity Partner by 11.5%
The firm posted higher revenue and profits, even as its lawyer head count was steady in 2023.TRENDING STORIES
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