The Manhattan skyline as seen from Hudson Yards. Photo: Ryland West/ALM Elite New York Firms' 2020 Financial Performance Furthers Strategic Advantage
Several New York firms engaged in some of their most expansive lateral hiring, while some also used the period to move further away from the strict lockstep partner pay model.
April 08, 2021 at 05:00 AM
26 minute read
For many of New York's elite firms, 2020 brought about record financial fortunes amid a pandemic and economic recession, early Am Law 100 data shows, leading to the highest-ever posted partner profits and creating further pay stratification within the Am Law 200.
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