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April 25, 2024 | The American Lawyer

The Law Firm Disrupted: Making Strategy in Big Law, and Making It Work

Partners need to be part of the process. But they can gum it up if they're allowed to focus on minor, internal concerns. Instead, the real prize is identifying big picture opportunities.
4 minute read
April 23, 2024 | The American Lawyer

Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive

The growth of private debt and equity funds is fueling support for their corporate practices, evident in the Am Law 100 financial results.
7 minute read
April 22, 2024 | The American Lawyer

A&O and Shearman Continue Lateral Hiring as Merger Date Approaches

Both law firms have continued to add, and lose, partners in the lead-up to the merger.
4 minute read
April 22, 2024 | The American Lawyer

A Safe Bet? Lateral Hiring and Gambling on a Firm's Future

Lateral hiring is risky business. The Global Lawyer asks, is the gamble worth it?
8 minute read
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 17, 2024 | The American Lawyer

Weil Revises Partner Pay Criteria, as Firm Plots Leadership Succession

Barry Wolf has led the firm since 2009 and will hit the firm's mandatory retirement age of 68 within the next four years.
6 minute read
April 16, 2024 | The American Lawyer

Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023

After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.
10 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

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