All articles tagged with #am law 100
White & Case, ranked #9 on the Am Law 100 with nearly $3 billion in revenue, has announced it will match the market standard for year-end and special bonuses for associates. The bonuses will be distributed on February 14th. The announcement encourages associates to share bonus updates from their firms with Above the Law to stay informed on industry trends.
The Am Law 100 for 2024 has been ranked by profits per equity partner, showcasing the financial performance of the top law firms in the United States. The rankings provide insights into the industry's leading firms and their financial standings, offering valuable information for attorneys and legal professionals. Additionally, job opportunities for attorneys at various firms are highlighted, along with professional announcements and upcoming legal events.
The 2024 Am Law 100 report shows that the average revenue per lawyer for the top law firms increased by 4.9%, indicating improved financial health for many firms, with eighty-five of them posting a gain in RPL.
The 2024 Am Law 100 ranking by gross revenue shows six of the top 10 firms remaining the same, with Kirkland & Ellis leading the list followed by Latham & Watkins, DLA Piper, Baker McKenzie, Skadden, Arps, Slate, Meagher & Flom, and Sidley Austin.
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.
According to the 2023 Am Law 100 ranking, a few Biglaw firms have made over a billion dollars in revenue last year, with only Kirkland and Latham going into the $2 billion+ range.
An attorney from an undisclosed Biglaw firm has reportedly billed the most hours in 2022, recording 3,737 billable hours, according to data collected for the 2023 Am Law 100 ranking.
One of the top 100 law firms in the US experienced a significant increase in revenue from 2021 to 2022, with a growth rate of 32 percent, according to data collected as part of the Am Law 100 ranking.
More than half of the top Biglaw firms in the US saw a decline in revenue percentage in 2022, according to the American Lawyer's Am Law 100 law firm rankings. The report revealed a mixed bag for the top Biglaw firms in the nation, with some firms coming out on top, while others were merely surviving. The slowdown in deal work from 2021 was expected, and in some cases welcome, after a banner but exhausting year. Kirkland remained the top firm by gross revenue for the sixth year in a row, while Wachtell was knocked out of the top spot for profits per partner by Kirkland.
The American Lawyer has released its annual Am Law 100 rankings, which ranks the top 100 US law firms by profits per equity partner (PPEP). The top five firms on the list are Wachtell, Lipton, Rosen & Katz; Cravath, Swaine & Moore; Sullivan & Cromwell; Davis Polk & Wardwell; and Simpson Thacher & Bartlett. The rankings also include data on each firm's financials, staffing, and clients.
The American Lawyer has released its annual Am Law 100 rankings, which lists the top 100 US law firms based on their gross revenue in 2023. The rankings show that the legal industry continues to thrive, with many firms seeing significant growth in revenue.