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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 09, 2024 | The American Lawyer

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.
17 minute read
April 09, 2024 | The American Lawyer

Sheppard Mullin Hires Locke Lord Corporate Partner in Chicago

Michael Wilson, formerly a co-chair of the corporate and transactional department at Locke Lord, represents a number of private equity and venture capital firms.
2 minute read
March 28, 2024 | The American Lawyer

Revenue Rises Again at Sheppard Mullin, Along With Demand in Countercyclical Practices

Marking 32 years straight of higher revenue, rising 6.5% in 2023, Sheppard, Mullin, Richter & Hampton also saw even healthier increases in net income and profits per equity partner.
5 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
March 08, 2024 | The American Lawyer

Revenue Was Flat at Locke Lord in 2023, But Profits Per Partner Inched Up in 'Solid' Year

The Dallas-founded firm's lawyer head count grew slightly, a turnaround from years of declining lawyer numbers.
5 minute read

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