Total revenue of the 100 highest grossing law firms. Number of law firms in the United States Get more insights Report on the topic Top Seller Explore this report Related topics Legal services industry in the U.S. Boutique law firms in the U.S. Legal services industry in Europe...
Even big law firms failed to grow revenueAlex Boxsell
Big Law refers to the largest and most prestigious law firms in the US, characterized by multiple offices in major cities and often internationally. It's defined by factors such as attorney count, revenue, and prestige, with certain firms regularly featured in Big Law listings. The definition o...
At Shearman & Sterling, however, it was a need for greater scale that drove the established New York firm to seek a merger with UK firm Allen & Overy. Shearman’s turnover in 2022 was just under $1bn, and the merger will create one of the world’s biggest law firms by revenue, at...
Law firms are rolling in dough as partners are charging more and billing more. But comparing Biglaw to the NBA? Come on, New York Times. Despite all the money, it’s not trickling down to associates in the form of mass summer bonuses yet, though there may still be some green on the...
While most firms report solid revenue, sparking resentment over a few weeks of leave seems like a weird strategy, but DLA Piper recently cut back on the leave available to non-birthing parents. It’s a first as far as Above the Law can tell, but will it be the last? Also, the ...
Improving revenue? How a legal time-keeping solution can support law firms- With FY23 kicking off, one of the hottest topics in the legal industry is how law firms can maintain and maximise profitability during a time of high inflation and a looming recession. (by Steve Bronstein) ...
Measured by revenue, the Big Four global accounting firms include Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG). The companies provide auditing services, tax, strategy and management consulting, valuation,market research, assurance, and leg...
“If that person is generating £5m of fee revenue, you have to look at the £5m alongside the complaints from relatively junior staff,” says Laura Empson, director of the Centre for Professional Service Firms at London’s Cass Business School. ...
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