Partners in Charge: How Clients' Need for Expert Counsel Fueled an RPL Spike
Revenue per lawyer set post-Great Recession records as pricey partners fielded clients' urgent questions. If firms want to build on that growth instead of losing ground, discipline is key.
April 20, 2021 at 09:30 AM
6 minute read
Need proof that 2020 was lucrative for the biggest law firms in the United States? Just look at revenue per lawyer.
What data are you leveraging to sell strategy internally? Get the Am Law 100 data exclusively with Legal Compass. This metric, viewed by many as the most reliable indicator of law firm's financial health, grew faster across the Am Law 100 than at any point since before the Great Recession. Several unusual factors played into that, including work weighted toward higher-rate timekeepers and activity fueled by a select group of industries.
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