Gina Passarella Cipriani

April 24, 2018 | The American Lawyer

Thirty-one firms posted gross revenue over $1 billion in 2017, four more than in 2016. Eighty-five reported gains, up from 82 last year. Kirkland reported the biggest gain, 19.4 percent. K&L Gates had the steepest decline, 16.1 percent.

By Gina Passarella Cipriani

1 minute read

April 24, 2018 | The American Lawyer

Rollercoaster performances from year to year are becoming the norm, especially at the top of the Am Law 100.

By Gina Passarella Cipriani

9 minute read

April 24, 2018 | The American Lawyer

Average Compensation–All Partners rose by 5.3 percent in 2017, compared with an increase of 1.6 percent in 2016. Seventy-nine firms posted increases, compared with 71 the previous year. Nineteen firms posted double-digit gains, while three posted double-digit losses.

By Gina Passarella Cipriani

1 minute read

April 24, 2018 | The American Lawyer

Wachtell, Lipton, Rosen & Katz has led this ranking since the metric's inception in 2005. At that firm, each lawyer contributed an average of $1.9 million in 2017, and it took an average of 5.3 lawyers to generate $10 million.

By Gina Passarella Cipriani

1 minute read

April 24, 2018 | The American Lawyer

Our Profitability Index metric looks at a firm's ability to convert revenue into profits. This metric, introduced in 1985, seeks to demonstrate which firms best balance leverage and profit margin for the highest possible profits per partner.

By Gina Passarella Cipriani

1 minute read

April 24, 2018 | The American 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 3.2 percent, higher than the 1.5 percent increase at Am Law 100 firms in 2016.

By Gina Passarella Cipriani

1 minute read

April 24, 2018 | The American Lawyer

Profits per lawyer is an alternate way of looking at firm profitability, and is intended to reduce the influence of factors such as leverage. A firm's PPL is its net income divided by its lawyer count. Wachtell topped the list with a PPL of $1,897,000.

By Gina Passarella Cipriani

1 minute read

April 24, 2018 | The American Lawyer

Law firms, long thought to be bifurcating by size and profitability, have actually been separating based on something more simple over the past decade.

By Hugh A. Simons and Nicholas Bruch

10 minute read

April 12, 2018 | The American Lawyer

Check out the categories in our American Lawyer Awards for which submissions are due week. Some exciting new opportunities for those in the industry to show how they are revolutionizing the way legal services are delivered.

By Gina Passarella Cipriani

10 minute read

April 04, 2018 | The American Lawyer

Law firms should double down on their existing clients by focusing on client satisfaction and retention rates rather than billable hours and origination credits.

By Kathryn B. Whitaker

6 minute read