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April 18, 2024 | The American Lawyer

Troutman Pepper and Locke Lord in Merger Talks to Create New Am Law 50 Law Firm

The combination would create a firm with more than 1,600 lawyers and would move the firm solidly into the Am Law 50.
5 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 12, 2024 | The American Lawyer

Troutman Pepper Kept Revenue Steady in 2023 Despite Early Lateral Departures

The firm was able to withstand the exit of 26 partners who moved to Goodwin Procter in the first quarter.
4 minute read
April 08, 2024 | The American Lawyer

Paul Weiss Eyes Brussels Expansion With Second Partner Hire in a Week

The latest hires in Brussels comes amid the firm's rapid expansion drive in London.
2 minute read
April 02, 2024 | The American Lawyer

Major Lindsey & Africa 'Blackballed' Associate Who Sued Troutman, Suit Claims

Gita Sankano claims that after she sued the Am Law 100 firm, Major Lindsey told its recruiters to refrain from working with her even as she was being considered as a candidate by another law firm.
4 minute read
March 26, 2024 | The American Lawyer

Deal Watch: Wachtell, Skadden, Cleary Land on Big Healthcare Deals; Dealmakers Stay Optimistic

"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."
9 minute read

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