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April 25, 2024 | The American Lawyer

Amid Week of Departures, Perkins Coie Picks Up GC as IP Partner

Zach Hong arrived at Perkins' New York office from Cleerly, a digital health care company.
2 minute read
April 22, 2024 | The American Lawyer

As Equity Tiers Shrink, Big Law Grows Leverage

While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.
6 minute read
April 22, 2024 | The American Lawyer

A Safe Bet? Lateral Hiring and Gambling on a Firm's Future

Lateral hiring is risky business. The Global Lawyer asks, is the gamble worth it?
8 minute read
April 22, 2024 | The American Lawyer

Lateral Partner and Counsel Hiring in DC Was Down in First 3 Months of Year

Despite the hiring slowdown, firms such as Foley & Lardner, King & Spalding, Cooley and Morgan Lewis have added D.C. partners in recent days.
3 minute read
April 17, 2024 | The American Lawyer

Gaining Steam in Los Angeles, Shook Hires Litigation Group From Carlton Fields

Four litigation partners in Los Angeles, Atlanta and South Florida have joined Shook, Hardy & Bacon.
3 minute read
April 16, 2024 | The American Lawyer

Power Ranking the Am Law 100: Flash Points Ahead

Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
16 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

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