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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.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Boosted by Restructuring and Lit Practices, Brown Rudnick Sees 6% Revenue Gain
Profit growth slowed in 2023, as the firm's equity tier expanded by nearly 5% to 60 partners and Brown Rudnick's PEP inched up by 0.2% to $1.68 million.
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.
Clients, Common Sense Drive Big Law Gen AI Policies
Most law firms aren't feeding client data into generative AI tools, but a handful have begun testing the technology on closed systems with client permission.
Is Edward Blum Done Suing Law Firms?
A profession struggling for more equitable representation confronts a legal activist who wants law firms to be colorblind.
Law Firm Leaders May Be Tiring of the Job, But That's Not Why They've Been Leaving
An analysis by former Big Law partner Paul Denis of leadership departures over the past few decades shows recent changes may be based less on satisfaction and more on growing tenure length.TRENDING STORIES
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