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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 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
March 01, 2024 | The American Lawyer

Big Law Finds Growth Opportunities Through IP Hires

Sidley, Orrick, Squire, Sheppard Mullin and Spencer Fane have all added IP hires this week. "Growing with the right people begets more growth," said Spencer Fane chair Pat Whalen.
4 minute read
February 26, 2024 | The American Lawyer

Big Law Adds Tax, Litigation Attorneys in Europe as Brexit, Economy and Reforms Fuel Demand

Ashurst, Dentons, DLA Piper, Squire Patton Boggs and Paul Hastings have been adding investment fund tax partners, who can pivot their focus during market downturns to wherever demand is strongest.
4 minute read
February 13, 2024 | The American Lawyer

Skadden and Squire Build DC Partner Ranks With Government Hires

James Danly, who was FERC chair, has rejoined Skadden as head of its energy regulatory group, while Squire has added Bridget McGovern, who was an assistant secretary at the Homeland Security Department.
3 minute read
January 25, 2024 | The American Lawyer

Brownstein Tops $62M in 2023 Lobbying Revenue, as Big Law Lobbying Business Remains Lucrative

Brownstein, Akin and Holland & Knight all saw their annual lobbying revenue rise in 2023, while Squire, K&L Gates and Hogan Lovells all saw double-digit falls in LDA earnings.
5 minute read

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