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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.
Law Journal Press | Digital Book
Anatomy of a Merger: Strategies and Techniques for Negotiating Corporate Acquisitions
Authors: James C. Freund
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Clients, Common Sense Drive Big Law Gen AI Policies
Most law firms aren't feeding client data into generative AI tools, but a handful have begun testing the technology on closed systems with client permission.
Big Fish, Small Ponds: How Big Law Is Slowly Infiltrating Emerging Markets
"Firms open there, not because they want to tap into a certain geographic community but because partners want to live there," Holland & Knight managing partner Steven Sonberg said.
Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment
A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
Norton Rose, Hogan Lovells, Other Global Law Firms Join Gen AI Training Consortium
They are working with law firm training provider SkillBurst to develop materials that give legal professionals "the basics" on how to effectively use these emerging tools.
Deal Watch: S&C Front and Center in $24B of Deals; the Google Antitrust Trial Begins
As tech M&A activity cools, antitrust regulatory activity toward the industry continues to ramp up.TRENDING STORIES
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