Our blog has moved, and is new and improved.

You should be automatically redirected in 3 seconds. If not, visit
MinnLawyerBlog.com
and update your bookmarks.

Thursday, May 1, 2008

The 2008 Am Law 100 is out... Do you rate?

It's Am Law 100 time again. But before we do the numbers, the folks at American Lawyer want you to know something: The Golden Age may be over.

Increased demand for high-end legal services and perpetual rate hikes has led to five consecutive years of better-than-average growth in revenue per lawyer and profit per partner among the top 100.

Good news, right? Well, American Lawyer points out that for the first time since 2001, the growth in law firm lawyers noticeably exceeded the growth in revenue per lawyer last year. Coupled with the recent decrease in deal activity, and those associate salary increases aren't sounding so good anymore.

Time will tell. In the meantime, here's how some Minnesota offices stacked up:

DLA PIPER
Home office: Decentralized
Ranking: 11
Gross revenues: $1.1 billion
Change from previous year: +11.7 percent, no change in ranking

MORGAN, LEWIS & BOCKIUS
Home office: Decentralized
Ranking: 12
Gross revenues:$1 billion
Change from previous year: +12.0 percent, no change in ranking

FULBRIGHT & JAWORSKI
Home office: Houston
Ranking: 37
Gross revenues: $ 649.5 million
Change from previous year: + 7.8 percent, down three spots

FISH & RICHARDSON
Home office: Decentralized
Ranking: 72
Gross revenues: $367.5 million
Change from previous year: +28.3 percent, up eight spots

DORSEY & WHITNEY
Home office: Minneapolis
Ranking: 73
Gross revenues: $367 million
Change from previous year: +11.4 percent, down one spot

LITTLER MENDELSON
Home office: San Francisco
Ranking: 87
Gross revenues: $305 million
Change from previous year: + 27.1 percent, up 14 spots

FAEGRE & BENSON
Home office: Minneapolis
Ranking: 94
Gross revenues: $284.5 million
Change from previous year: +14.7 percent, up four spots

3 comments:

Anonymous said...

What about DLA Piper and Morgan Lewis, both of which have small Minneapolis offices?

Anonymous said...

DLA Piper has a Minneapolis office:

http://www.dlapiper.com/us/offices/

Michael Krieger, Special Sections Editor said...

Quite true... I've added them to the list.

Thanks!!