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April 25, 2024 | New York Law Journal

Magistrate Recommends Dismissal of Fire Insurance Maps Copyright Suit

U.S. Magistrate Judge Ona Wang made her findings in a report and recommendation unsealed Tuesday.
4 minute read
April 24, 2024 | The American Lawyer

Baker McKenzie Lifts Bulk of Munger Tolles Corporate Department in 'Transformational Hire'

Nine partners, and a total of 17 attorneys, are making the move, helping Baker McKenzie meet a goal of becoming full service in Los Angeles. Munger Tolles—with just three transactional lawyers left, none of them partners—is sharpening its focus on complex litigation and crisis management.
5 minute read
April 22, 2024 | The American Lawyer

Most Big Chicago Law Firms Grew in 2023, but Several Not as Fast as Am Law 100

Six of the nine Chicago-founded Am Law 100 law firms had lower revenue growth than the 100 as a whole. But most Chicago firms maintained their spots or moved up in the latest rankings
5 minute read
April 18, 2024 | Law.com

What It Means to be a Law Firm Partner Now

Instead of moving lawyers to the equity ranks, or keeping them as associates or counsel, there is a shift inside Big Law to make more lawyers salaried partners.
6 minute read
April 16, 2024 | Law.com

Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023

After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.
10 minute read
April 16, 2024 | The American Lawyer

Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023

After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.
10 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

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.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Lawyer

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.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Equity Partner

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.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Revenue Per 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 4.9%. In 2023, eighty-five firms posted a gain in RPL.
2 minute read

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