Midtown Manhattan. Photo: Ryland West/ALM Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers
Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
April 08, 2024 at 05:00 AM
19 minute read
Law Firm Profitability
Leaning on more mid-market M&A deals, as well as big-ticket litigation and restructuring fees, elite New York law firms recovered from a slow 2022 and, as a whole, bested the legal market in 2023. The New York group outperformed on demand, productivity and revenue percentage growth, according to Citi figures and American Lawyer's own internal data.
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Law Firms Mentioned
- Proskauer Rose
- Schulte Roth & Zabel LLP
- Skadden, Arps, Slate, Meagher & Flom LLP
- Wachtell, Lipton, Rosen & Katz
- Cleary Gottlieb Steen & Hamilton
- Cadwalader Wickersham & Taft
- Cahill Gordon & Reindel
- Davis Polk & Wardwell
- Cravath, Swaine & Moore
- Fried, Frank, Harris, Shriver & Jacobson
- Milbank LLP
- Paul, Weiss, Rifkind, Warton & Garrison
- Simpson Thacher & Bartlett
- Weil, Gotshal & Manges
- Willkie Farr & Gallagher
- Kramer Levin Naftalis & Frankel LLP
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