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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.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.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.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.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.
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.
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.
The Challenge of China: What Will Kirkland, Latham and the Rest of Big Law Do Now?
It's getting increasingly difficult to operate a law firm in Greater China, writes The Global Lawyer. How long can Big Law last?
The Law Firm Disrupted: Are Big Law's Remote Lawyers a Vanishing Species?
New NALP figures show that the number of law firms willing to hire associates and partners in areas where they don't have offices is steadily declining.
Weil Gotshal Shutters Beijing and Mulls Shanghai Closure
Weil joins a growing line of top U.S. law firms that have closed offices in mainland China as the fractious geopolitical relationship between the U.S. and China and the prolonged market downturn force the world's top-performing law firms to reconsider their investments in China.TRENDING STORIES
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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The Future of AI in Law
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The Power of Trust Accounting for Law Firm Success
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