
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 PIPERHome office: Decentralized
Ranking: 11
Gross revenues: $1.1 billion
Change from previous year: +11.7 percent, no change in ranking
MORGAN, LEWIS & BOCKIUSHome office: Decentralized
Ranking: 12
Gross revenues:$1 billion
Change from previous year: +12.0 percent, no change in ranking
FULBRIGHT & JAWORSKIHome office: Houston
Ranking: 37
Gross revenues: $ 649.5 million
Change from previous year: + 7.8 percent, down three spots
FISH & RICHARDSONHome office: Decentralized
Ranking: 72
Gross revenues: $367.5 million
Change from previous year: +28.3 percent, up eight spots
DORSEY & WHITNEYHome office: Minneapolis
Ranking: 73
Gross revenues: $367 million
Change from previous year: +11.4 percent, down one spot
LITTLER MENDELSONHome office: San Francisco
Ranking: 87
Gross revenues: $305 million
Change from previous year: + 27.1 percent, up 14 spots
FAEGRE & BENSONHome office: Minneapolis
Ranking: 94
Gross revenues: $284.5 million
Change from previous year: +14.7 percent, up four spots