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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
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

3 Partners on Crowell & Moring's GM Team Move to Morgan Lewis

April Nelson Ross and Rachel Raphael are based in Washington, D.C., and Mohamed Awan is based in Chicago.
3 minute read
April 11, 2024 | The American Lawyer

Morgan Lewis, Hogan Lovells, Ropes, Wiley and Cohen Milstein Add DC Laterals

Hogan Lovells hired litigators Nadira Clarke, Lily Chinn and Anne Carpenter from Baker Botts, while Morgan Lewis added R. Latane Montague, previously a leader of Hogan Lovells' transportation practice.
3 minute read
April 08, 2024 | The American Lawyer

Profits Swell at Pillsbury Amid Strong Demand and Costs Trimming

Pillsbury's net income climbed 10% in 2023, after the firm focused growth on profitable practices, trimmed costs and improved operational efficiencies.
6 minute read
April 02, 2024 | The American Lawyer

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read

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