The American Lawyer released its annual A-List rankings of the top 20 “most well-rounded” law firms in the United States. According to the report, law firms are ranked based on a combination of financial and cultural factors including revenue per lawyer, pro bono commitment, racial diversity, associate satisfaction and percentage of female equity partners.
Munger Tolles ranked No. 1 on this year’s A-List. Climbing from last year’s No. 3 spot, the firm moved up due to high scores in revenue per lawyer, pro bono work, and number of female equity partners. Wilmer Cutler remained in the No.2 spot, improving in four of five categories. Slipping from 1st place last year, Ropes & Gray landed spot No. 3, declining across all categories. Washington, D.C.-based Buckley jumped nine spots to move onto this year’s A-List at No. 17, improving in three of the five categories, most notably associate satisfaction.
New firms added to this year’s A-List rankings included Hughes Hubbard & Reed (No.11), Gibson Dunn (No.13), and Buckley (No.17). A few firms on the list made last year’s Top 20 but faced short comings in vital areas, forcing them off in 2019. Those three firms included Akin Gump (No. 23), Patterson Belknap (No. 29), and Jenner & Block (No. 30).
Additionally, The American Lawyer released a list of the next 20 A-List firms (No. 21-40), The A-List Runners-Up. Washington D.C.-based Williams & Connolly jumped 35 spots to land 21st place, due to high scores in associate satisfaction, revenue per lawyer, and female equity partners. Appearing for the first time on this list, Proskauer Rose claimed 25th place, thanks to large improvements in associate satisfaction and female equity partners. Cravath Swaine & Moore jumped 16 spots to land 26th place, improving across all categories, particularly in revenue per lawyer, diversity and pro bono.
See highlights from the full article on The American Lawyer.
Contact Bill Sugarman for more information.
Law firm financial performance finished 2017 on a positive note, with a larger segment of the legal market contributing to upward tr...
The American Lawyer released the 14th annual A-List: an analysis and ranking of the 20 top Big Law firms. The firms that made t...
Big law firms have always been pathologically conservative in updating their policies, but has this mentality begun to affect their ...