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The American Lawyer

Charting Growth

By | April 26, 2017
A look at success as measured by combined RPL and PPP growth rates.
1 minute read

The American Lawyer

Profits Per Equity Partner

By | April 26, 2017
Wachtell, Lipton, Rosen & Katz remains at the top of the list with $5.8 million in profits per equity partner. Quinn Emanuel Urquhart & Sullivan also exceeded $5 million in PPP. For the Am Law 100 as a whole, average profits per partner were up by 3.0 percent in 2016, coming in lower than the 4.0 percent increase of 2015.Twenty firms had growth rates of at least 10 percent, while five firms had double-digit declines.
6 minute read

The American Lawyer

Revenue Per Lawyer

By | April 26, 2017
On average, revenue per lawyer, the metric that we've long regarded as the most reliable measure of a firm's financial health, increased by 1.5 percent, lower than the 2.6 percent increase at Am Law 100 firms in 2015. For 2016, 65 firms posted a gain in RPL, compared with 70 in 2015.
1 minute read

The American Lawyer

The Am Law 100: Firms Ranked by Gross Revenue

By | April 26, 2017
Kirkland & Ellis' strong year propelled it from the fifth to the second spot on our list, marking the first time in years that a global verein has not been in the first or second spot.
3 minute read

The American Lawyer

Profits Per Lawyer

By | April 26, 2017
A firm's PPL is its net income divided by its lawyer count. Wachtell topped the list with a PPL of $1.92 million.
1 minute read

The American Lawyer

Profitability Index

By | April 26, 2017
This metric, introduced in 1985, seeks to demonstrate which firms best balance leverage and profit margin for the highest possible profits per partner. We calculate the profitability index by dividing profits per partner by revenue per lawyer.
1 minute read

The American Lawyer

Compensation for All Partners

By | April 26, 2017
Average Compensation-All Partners rose by 1.6 percent in 2016, compared with an increase of 3.7 percent in 2015. Seventy-one firms posted increases, compared with 70 the previous year. Fifteen firms posted double-digit gains, while six posted double-digit losses.
1 minute read

The American Lawyer

Value Per Lawyer

By | April 26, 2017
Our value per lawyer metric demonstrates how much, on average, each of a firm's lawyers contributes to total partner compensation. On average, value per lawyer for the Am Law 100 increased 2.4 percent, down from 3.3 percent in 2015. A firm's VPL is its compensation-all partners divided by its lawyer count. We express it two ways: as a dollar amount and as the number of lawyers needed to generate $10 million in partner compensation.
2 minute read

The American Lawyer

The 2017 Am Law 100

By | April 26, 2017
The Am Law 100 posted solid gains in gross revenue and profits in 2016, but the revenue per lawyer figure dropped on stronger growth in head count.
5 minute read

The American Lawyer

The 2017 Am Law 100

The Am Law 100 posted solid gains in gross revenue and profits in 2016, but the revenue per lawyer figure dropped on stronger growth in head count.
5 minute read

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