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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
March 18, 2024 | The American Lawyer

Firm Leader Exits Highlight Challenge of Filling Those Roles

"Very few people want to do it and many of those who want to do it aren't really qualified to do it, so you end up with a qualified pool that's really quite small."
5 minute read
March 14, 2024 | The American Lawyer

The Law Firm Disrupted: Who Would Want to Manage a Big Firm Anyway?

In a week when one Am Law 100 managing partner stepped down abruptly while another was elected to a new term that will last into 2029, the pressures on leaders are thrown into even starker relief.
5 minute read
March 13, 2024 | The American Lawyer

Davis Wright Tremaine's Managing Partner Suddenly Steps Down

Scott MacCormack, elected firmwide managing partner in April 2021, will immediately be replaced by Seattle partner-in-charge Pete Johnson as interim managing partner while the firm looks to identify its next managing partner.
2 minute read
February 28, 2024 | The American Lawyer

Holland & Hart Posts 22% PEP Bump Thanks to Strong Demand, Cost Management

Colorado's biggest law firm also increased gross revenue by 11.3% in 2023 as all major practice areas saw growth.
5 minute read
February 06, 2024 | The American Lawyer

Alston & Bird Partner Heads to Lowenstein as New Data Privacy Chair

Amy Mushahwar has also spent time at Holland & Knight, Reed Smith, Ballard Spahr and Davis Wright Tremaine.
4 minute read

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