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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

Deal Watch: Big Energy and Pharma Deals Continue to Drive M&A

Five of the six announced deals over $1 billion in the last week occurred in either the life sciences or energy sector.
10 minute read
February 12, 2024 | The American Lawyer

Deal Watch: Wachtell, Paul Weiss and V&E Lead $26B Oil Merger as Deal Activity Soars

Energy and life sciences continue to lead the way in deal activity, but tech and other recently nascent sectors are showing signs of life.
12 minute read
February 02, 2024 | The American Lawyer

Fisher Phillips Acquires Legal Tech Startup, Investing Further Into Tools for HR

"It fits with this idea of giving companies and HR teams sort of an on-demand resource that they have with us," said Jonathan Crook, Fisher Phillips partner and founder of the startup.
4 minute read
January 29, 2024 | The American Lawyer

We Asked Every Am Law 100 Law Firm How They're Using Gen AI. Here's What We Learned

At least 41 of the U.S.'s highest grossing firms are putting the much-discussed technology to use, exploring opportunities for legal work and on the business side of operations.
10 minute read
December 28, 2023 | The American Lawyer

Looking Back at the Law Firms That Didn't Survive 2023

From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.
7 minute read

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