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April 19, 2024 | The American Lawyer

The Law Firm Disrupted: For Office Attendance, is Music a New Carrot?

Mayer Brown's Charlotte office has a record room—for listening to LPs, not storing boxes of documents.
4 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
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
April 15, 2024 | The American Lawyer

Deal Watch: Freshfields, Fenwick, Simpson, Skadden Lead Megadeals as Geopolitical Concerns Muddy M&A Bounceback

Mega M&A deals continue to power the deal market recovery in 2024 while headwinds continue to multiply.
10 minute read
April 10, 2024 | The American Lawyer

Hogan Lovells Hires 6-Lawyer Team, Including Former French Energy Regulator, in Paris

In other Paris moves, Herbert Smith Freehills got back a veteran banking and finance partner from a French firm, and a veteran Big Law arbitration partner started his own firm.
4 minute read
April 09, 2024 | The American Lawyer

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.
17 minute read
March 28, 2024 | The American Lawyer

'Puppy Yoga is Not a Wellbeing Strategy': Are Law Firms Doing Enough on Mental Health?

The campaign for mental health in the legal industry has surged in the last month following the Vanessa Ford tragedy, but hardly any firms appear to be considering changes to their wellbeing programs.
10 minute read

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