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So far, American Lawyer has observed dozens of law firms in both the Am Law 100 and Second Hundred reporting a net increase in their equity ranks between 2021 and 2022, with firm leaders generally ...Let’s now take a closer look at the three key metrics — gross revenue, revenue per lawyer, and profits per partner — and the top 10 firms in each category. Gross Revenue. Here are the top 10 firms in the 2021 Am Law 100 rankings, ranked by their gross revenue in 2020. You can access the full list here.The table below shows the results, ranked by growth rate. The law firms in the table were the top 10 firms by profits per equity partner in the 2020 Am Law 200. We see that all 10 Biglaw partnerships outpaced the General Counsels, some by a substantial margin. Group (equity partnership or GCs)The 331-attorney firm's gross revenue rose to $215.1 million and its net income grew to $104.9 million in 2021, helping average profits per equity partner rise 8.6% to $742,000 in 2021.In taking a firm's profits-per-partner figure (PPP) and turning it into an educated guess at an individual partner's take-home pay, it's important to know (1) the law firm's "spread ...After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.CHART. The 2021 Am Law 100: Ranked by Profits Per Equity Partner. Wachtell, Lipton, Rosen & Katz holds onto the top spot in the PEP rankings, but is now joined by two other firms north of $6 million.The American Lawyer has the details: The global firm netted $986 million from revenues of $2.68 billion, which translated into $2.74 million in profits per equity partner. Year-over-year increases ...Profits-per-equity partner jumped 6% among Am Law 100 firms, which are the most profitable U.S. law firms, as ranked by The American Lawyer trade publication. Am Law 200 firms saw 2.5% growth in ...Profits per equity partner (PEP) jumped 14%, from $1.99 million to $2.27 million; and revenue per lawyer grew 8%, from $1.09 million to $1.17 million. This content has been archived.Chart. By ALM Staff | April 26, 2022 at 10:01 AM. Five of the top 10 firms in our gross revenue ranking remained the same. In order, they are Kirkland & Ellis; Latham & Watkins; DLA Piper; Baker ...The Am Law 100 is the definitive ranking of the 100 largest law firms in the US, ... Profits Per Equity Partner Average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least ...Firms Ranked by Profits Per Partner. After jumping 4.2 percent in 2012, average profits per partner growth for The Am Law 100 in 2013 was essentially flat, increasing just 0.2 percent.Contact us with the details to get started. According to the National Law Journal's 2023 NLJ 500 ranking of firms based on size, Latham & Watkins has 3298 attorneys and is ranked 4th in the United ...The firm saw profits grow as well, despite pay increases for lawyers at all levels. ... and $1.38 million in profits per equity partner. ... from the rankings of the Am Law 200 and NLJ 500 to ...Fifty law firms had gross revenue of $1 billion or more in 2022, including 18 firms with more than $2 billion in gross revenue, according to the latest rankings published by Law.com. Overall, the ...

The survey of 195 law firms — including 81 of the 100 largest in the U.S. by revenue — found that on average, profits increased nearly 7% and profits per equity partner increased 6.6% compared ...May 18, 2021 ... As a whole the grouping achieved a 1.1% revenue increase, against steeper rises in revenue per lawyer (3%) and profits per equity partner (8.8%) ...The 2020 Am Law 100: Ranked by Profits Per Equity Partner. By ALM Staff. Wachtell holds a million-dollar lead on its closest competitor when it comes to profits per …DESCRIPTION. According to the National Law Journal's 2023 NLJ 500 ranking of firms based on size, Cravath has 483 attorneys and is ranked 101st in the United States. With $1,100,000,000 gross ...Profits per equity partner at the Am Law 100 grew by 22% for the 12 months ending November 2020, according to actual firm data contained in Thomson Reuters recently published State of the Legal ...

May 6, 2014 · Firms Ranked by Profits Per Partner After jumping 4.2 percent in 2012, average profits per partner growth for The Am Law 100 in 2013 was essentially flat, increasing just 0.2 percent. May 06, 2014 ...Taft was the highest-ranking local law firm on that list, ranked No. 100 in the AmLaw 200 with $415 million in gross revenue in 2021. The 2022 ranking is an upgrade from last year when Taft was ...…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. DESCRIPTION. According to the National Law Journal's 2023 NLJ . Possible cause: According to the National Law Journal's 2023 NLJ 500 ranking of firms based on size, Col.