The Am Law 100: A Look Behind the Numbers

Posted on Monday 30 April 2007

More lawyers are making megabucks than ever. In 2006, for the first time since started measuring the financial performance of law firms 22 years ago, a majority of America's 100 top-grossing firms had profits per equity partner of $1 million or more. In fact, almost all indicators were on an upswing. How did law firms hit such levels? And what lessons lurk below the surface of the gleaming top-line numbers?

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