By Jae Um | April 16, 2024
Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
By Jae Um | April 16, 2024
Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
The American Lawyer | Analysis|Chart
By Jae Um | April 16, 2024
Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
By ALM Staff | April 16, 2024
Each year we dig through the numbers to compare the country's largest firms across more than a dozen financial metrics. Here we present some of the most important, interesting and surprising facts.
By ALM Staff | April 16, 2024
Each year we dig through the numbers to compare the country's largest firms across more than a dozen financial metrics. Here we present some of the most important, interesting and surprising facts.
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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.
By ALM Staff | April 16, 2024
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 Legal Intelligencer | Chart
By ALM Staff | April 16, 2024
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.
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