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Power Ranking the Am Law 100: Flash Points Ahead
Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
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.
Boosted by Litigation, IP and Regulatory Work, Revenue Ticks Up at Wilson Sonsini
Demand varied across the firm's corporate practices, but some areas, such as environmental work, privacy and cybersecurity, were busy.
DOJ Antitrust Leaders Exit for Skadden, Foley & Lardner
The lawyers were chief and assistant chief in the Washington criminal II section of the DOJ's antitrust division.
Mayer Brown Sees Revenue and PEP Climb Amid Higher Demand, Drop in Equity Tier
The firm's 8.2% drop in equity partners helped push the firm's PEP up by about 4.4% to about $2.44 million. Revenue per lawyer ticked up 1% to nearly $1.01 million.
Orrick Adds Wilson Sonsini Tech Partner in New York
Wilson Sonsini Goodrich & Rosati partner Josh Beser joined Orrick Herrington & Sutcliffe as a partner in the technology companies group in New York, as the firm expands its tech team on the East Coast.TRENDING STORIES
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