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Profits Per Equity Partner

All articles tagged with #profits per equity partner

legal-industry1 year ago

"2024 Am Law 100: Ranking by Key Financial Metrics"

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.

via Law.com|
#am-law-100#attorney-recruitment#law-firms
business2 years ago

Regional Law Firms in the Second Hundred Outperform National Averages in Revenue Growth.

The American Lawyer's Am Law 200 law firm rankings show that Biglaw's Second Hundred outperformed the Am Law 100 in 2022, with overall revenue growth of 4.1% and better financial metrics, including revenue per lawyer and profits per equity partner. The Second Hundred firms managed expenses and hiring better than some larger firms, protecting their profits and being more thoughtful about associate salary increases. The top 10 firms by gross revenue include Steptoe, Kramer Levin, and Cahill, while Irell, Susman Godfrey, and Munger Tolles top the revenue per lawyer rankings, and Cole Scott, Cahill, and Irell lead the profits per equity partner rankings.

via Above the Law|
#am-law-200#business#expense-management
law2 years ago

Biglaw Firms Accused of Gaming the System by Reducing Equity Partnership Ranks

Biglaw firms are "gaming" their profits per equity partner by shrinking the size of their equity ranks, limiting the number of lawyers who receive the bulk of their compensation through owning shares in the operation. This signals that law firm management is confident about its future, but it also implies that the path to equity partnership has become more difficult.

via Above the Law|
#biglaw#equity-partnership#law
business2 years ago

"Ranking the 2023 Am Law 100: Profits, Revenue, and Pandemic Winners"

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.

via Law.com|
#am-law-100#business#financials