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As They Plan Expansion, Most of Big Law in Missouri Grew Revenue and Profits Last Year
Among nine Am Law 200 firms from the Show Me State, the majority saw gains in revenue, RPL and average profits per equity partner.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.Revenue, Profits Slip at Baker Botts as Firm Invests in Hiring, Singapore Office
Managing partner Danny David, who took on the managing partner role on Aug. 1, said 2023 was a year of investments and focus on adding strength to strength.Baker & Hostetler Reverses Profitability Declines But Compensation Pressures Mount
Revenue grew by 7.6% in 2023 to top $971 million, while PEP rose by 3.6% to more than $1.8 million.FisherBroyles Spinoff Pierson Ferdinand Adds 25 New Partners in Second Month of Existence
The hires, including 16 attorneys from FisherBroyles, bring the head count at the new firm into alignment with the 130 "commitments" touted by co-chairman Michael Pierson and Joel Ferdinand at the time of launch.Law Firm Operational Considerations for the Corporate Transparency Act
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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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