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 […]
Biglaw Partners: Are You Capturing a Fair Share of Your Revenue?
If you are a Biglaw partner, you may have heard this compensation rule of thumb: you should be taking home a third of the revenue you generate for the firm. The 33% rule has the advantage of being simple, and it makes for a reasonable starting point. But to really know whether you are capturing […]