2023 Am Law 100 Rankings: A Comprehensive Breakdown
For top Biglaw firms, 2021 was an incredible year: gross revenue rose nearly 15%, while profits per equity partner grew almost 20%. Those growth rates were obviously unsustainable, so there is no great surprise that the financial metrics reported in the just-released 2023 edition of the Am Law 100 indicate a return to earth. 2022 […]
Female Representation in Biglaw Partnerships — A Long Way to Go
Disproportionate attrition of female attorneys in Biglaw is hardly a new problem. As a 2019 ABA and ALM report on the issue noted, “entering associate classes have been comprised of approximately 45% women for several decades.” Indeed, at 5 of the top 20 Am Law firms (by gross revenue), female lawyers now constitute a majority […]
A Detailed Breakdown Of The 2022 Am Law 100 Rankings
So how did Biglaw do in 2021, coming off its shockingly strong performance in 2020? In short: better. A lot better. Based on the financial metrics reported this week in the latest edition of the Am Law 100, the recent round of Biglaw salary increases makes perfect sense. Sure, most firms achieved record gross revenue, […]
A Deep Dive Into The 2021 Am Law 100 Rankings
Last year was a difficult year for so many industries but a shockingly good one for Biglaw, at least in terms of metrics like gross revenue, revenue per lawyer, and profits per partner. “Lawyers are terrible business people.” You’ve surely heard this before. But is it true? If lawyers are so bad at business, then […]