The annual list of the nation’s 100 biggest firms, ranked by revenue, published Monday in Recorder�affiliate The American Lawyer, shows that for the first time in at least a decade, the region saw a decline in profits. It was the only region to do so. (See related charts: California’s Top 10and California’s Am Law 100 Firms.)�
With eight San Francisco and Silicon Valley firms making the list, the region’s average profits per partner dropped by 5.5 percent. In contrast, Los Angeles swelled its profits by 16.7 percent, Chicago by 8.9 percent and N.Y. by a squeaky 3.5 percent.�
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