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April 24, 2024 | The American Lawyer

This City Is Competing With New York as an International Arbitration Hub

Winston & Strawn, Reed Smith and White & Case are among the firms aiming to grow in this space.
6 minute read
April 22, 2024 | The American Lawyer

Most Big Chicago Law Firms Grew in 2023, but Several Not as Fast as Am Law 100

Six of the nine Chicago-founded Am Law 100 law firms had lower revenue growth than the 100 as a whole. But most Chicago firms maintained their spots or moved up in the latest rankings
5 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
Law Journal Press | Digital Book Anatomy of a Merger: Strategies and Techniques for Negotiating Corporate Acquisitions Authors: James C. Freund View this Book

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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 03, 2024 | The American Lawyer

Winston & Strawn Launches Winston Legal Solutions, a Tech-Powered, Right-Staffing Venture for Low-Complexity Work

Winston Legal Solutions aims to address client cost concerns by providing an alternative to the outsourced legal provider marketplace that combines firm-trained attorneys, established processes, advanced technology and generative AI tools.
5 minute read
April 02, 2024 | The American Lawyer

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read
March 26, 2024 | The American Lawyer

Winston, Seeing Strength in 'Big Litigation' and Miami Practices, Sets Firm Revenue and Profits Records

Winston has plenty of matters billed on a fixed fee basis or have "tremendous nuance" in billing, said Tom Fitzgerald, while the firm increased billing rates by roughly 7% or 8% overall.
4 minute read

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