BigLaw's Mixed Results: Low Profits, Low Billable Hours, but Strong Performance in 2023.
TL;DR Summary
A Biglaw firm has reported profits per equity partner of $561,000 in 2022, which is significantly lower than the average profits per equity partner in the Am Law 100, which was $2,564,818.
- This Biglaw Firm Doesn't Have Particularly Impressive Profits Per Partner Above the Law
- How are BigLaw firms faring in first quarter? Billable hours are at 15-year low ABA Journal
- Big Law Surprisingly 'Strong' so Far in 2023: The Morning Minute Law.com
- Partners At This Biglaw Firm Got A Nice Raise Above the Law
- Big Law Attorney Billing Rate at 15-Year Low, Wells Fargo Says Bloomberg Law
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