2013's AmLaw 100: "Fundamental Recovery" for Some

2013's AmLaw 100: "Fundamental Recovery" for Some Play

April 25 (Bloomberg Law) -- Revenues and profits on average rose in the low single digits at the nation's 100 highest-grossing law firms in 2012, sparking a "fundamental recovery," Robin Sparkman, editor-in-chief of American Lawyer magazine tells Bloomberg Law's Lee Pacchia. The annual survey, released today, found that gross revenue rose last year by 3.4 percent, to $73 billion. Revenues per lawyer rose 2.6 percent, to an average of $844,000 at the 100 firms, and profits per partner rose by 4.2 percent to an average of $1.5 million. The number of partners at the 100 firms remained unchanged.

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