
"2023-2024: Biglaw Firms' Success and Rankings Revealed"
A Biglaw firm experienced a significant increase in its revenue per lawyer in 2023, with a staggering 82.58% rise, largely attributed to its lawsuit against Fox News.
All articles tagged with #revenue per lawyer

A Biglaw firm experienced a significant increase in its revenue per lawyer in 2023, with a staggering 82.58% rise, largely attributed to its lawsuit against Fox News.

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.

Four Biglaw firms from the Second Hundred list managed to break into the Top 20 rankings for both revenue per lawyer and value per lawyer, according to the latest Am Law 200 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.