(312) 781-9000
16 Jun

Am Law 200: Law Firms Report Best Performance in Over a Decade

by: Astor Professional Search

The American Lawyer published results from its annual Am Law 200 report, which includes data and rankings for the nation’s Second Hundred highest grossing law firms. Overall, gross revenue increased on average by 3.1 percent, net income grew by 2.9 percent, profit per equity partner grew by 2.8 percent, revenue per lawyer increased 1.6 percent, and overall headcount rose 1.5 percent. According to the report, eleven Second Hundred firms saw double-digit revenue growth and thirty-eight firms saw revenue increase more than five percent.

Blue money business graph finance chart diagram on economy 3d coin background with growth financial data concept or investment market profit bar and success market stock technology currency report.

The 2019 Am Law 200 report shows a tempered version of the financial strength demonstrated by the Am Law 100 notes Gina Passarella, Editor-in-Chief of The American Lawyer and ALM’s Global Legal Brands. “Firms, on average, performed well, but the growth was significantly less than what the first 100 firms experienced, highlighting the added pressures faced by smaller firms with less differentiation. In that sense, the Am Law 100’s better performance in 2018 is emblematic of another feature of that larger group: greater historical volatility. Second Hundred managing partners need not look upon that with envy,” (as quoted in The American Lawyer).

See more highlights from The Am Law 200 on The American Lawyer.

Contact Bill Sugarman for more information.

author-bio-image author-bio-image
William Sugarman

William Sugarman is the president and founder of Astor Professional Search. He engages in the successful placement of attorneys with local, regional, and international law firms and corporations. Bill’s extensive legal and business development experience give Astor an edge over other legal recruiters nationwide. At the cornerstone of Bill’s strategic philosophy is providing the highest level of personalized attention to his clients and attorney candidates. This is also a key factor that separates Astor from other legal search firms, and it consistently delivers legal placements year after year.

Years of Experience: More than 20 years

Share it here
Related Posts
23 Apr The American Lawyer Am Law 100 Highlights (2019)
The American Lawyer Am Law 100 Highlights (2019)

The American Lawyer released their 32nd annual Am Law 100 report, which includes data and rankings for the natio...

14 Jun More Optimism For The Am Law 200
More Optimism For The Am Law 200

Robin Sparkman has an interesting take on the state of affairs for the Am Law 200. In particular, she underscores the impressive run...

01 Apr Legal Sector Jobs Showing Gains in 2019, Report Finds
Legal Sector Jobs Showing Gains in 2019, Report...

The U.S. legal industry climbed to 1,142,700 jobs last month, returning to last year’s highwater mark set in October, according to r...