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The American Lawyer

Volatility Is Now a Fact of Life for America's Biggest Firms

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

The American Lawyer

The 2018 Am Law 100 Ranked by: Compensation--All Partners

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.
1 minute read

The American Lawyer

The Super Rich Are Getting Richer

The richest of the rich continue to prosper and raise profits, a trend that appears to be accelerating as they pull away from the rest of the Am Law 100.
9 minute read

The American Lawyer

The 2018 Am Law 100: Profitability Index

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.
1 minute read

The American Lawyer

The 2018 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 3.2 percent, higher than the 1.5 percent increase at Am Law 100 firms in 2016.
1 minute read

The American Lawyer

The 2018 Am Law 100 Ranked by: Profits Per 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.
1 minute read

The American Lawyer

Success in the Am Law 100 Is Being Driven by Management

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

Pro Mid Market

Midsize Firms Strike a Balance Between Work and Life

“My philosophy is that any time you can marry the work-life benefits with the economic interests of the firm, you're going to have much more success,” consultant Debbie Epstein Henry said.
8 minute read

Pro Mid Market

Leveraging/Expanding Practices in a Post-Recession Market

Will there be enough mid-to-senior level associates with sophisticated deal training once the market improves and firms need them?
5 minute read

Pro Mid Market

Common Mistakes in Midsize Firm Planning: Observations From a Veteran Adviser

Having spent over 30 years advising smaller and midsize law firms throughout the country, I've seen a lot of planning programs that midsize law firms have carried out … but that over time have not had a noticeable impact on the firm's year-to-year success.
7 minute read

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More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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