The 2024 Am Law 200
The Am Law 200 is the definitive ranking of the Second Hundred largest law firms in the United States by gross revenue. Published each year through the efforts of Law.com Compass and The American Lawyer editorial team, this report offers firm-by-firm data on key financial metrics and deep analysis of the cohort's performance and what it means for the rest of the market. Information includes an examination of revenue, profits, per-lawyer metrics, head count growth and much more.
After collectively outperforming their Am Law 100 brethren in 2022, the Second Hundred segment took a back seat in 2023, posting a 5.9% year-over-year revenue increase compared with 6.8% for the first 100 firms. While the revenue growth rates between the 100 and Second Hundred weren’t that far off, revenue per lawyer and profitability metrics were significantly different.
Below you will find our various rankings of The 2024 Am Law 200 along with several pieces of analysis of the market. The past three years of Am Law 200 reports can be found at the bottom of this page.
After collectively outperforming their Am Law 100 brethren in 2022, the Second Hundred segment took a back seat in 2023, posting a 5.9% year-over-year revenue increase compared with 6.8% for the first 100 firms. While the revenue growth rates between the 100 and Second Hundred weren’t that far off, revenue per lawyer and profitability metrics were significantly different.
Below you will find our various rankings of The 2024 Am Law 200 along with several pieces of analysis of the market. The past three years of Am Law 200 reports can be found at the bottom of this page.
am law 200: Ranking Categories
am law 200 Insights & Analysis
May 07, 2024
The 2024 Second Hundred: An Investment Story
Patrick Smith
The Second Hundred trailed the Am Law 100 in almost every financial metric, but much of that could be attributed to building for the future.
May 07, 2024
Can Second Hundred Firms Gain Ground on 'Price-Insensitive' Practice Areas?
Justin Henry
Smaller firms have more to lose when a client says, "You're not price competitive." That's forced them to keep focus on sophisticated work from mid-market clients and routine work for high-end clients.
May 07, 2024
'Macro Impacts': How Much Am Law 200 Firms Have Reduced Their Space
Brenda Sapino Jeffreys
Am Law 200 firms leased an average of 525,500 square feet of office space in 2023 at an average cost per square foot of $50.20. Here's how those figures have shifted in recent years.
May 07, 2024
These Contenders Are Positioning Themselves to Make (or Return to) the Second Hundred
David Gialanella
A group of firms are both within 10% of the No. 200 firm's revenue number and posted year-over-year revenue growth in excess of the Second Hundred's collective growth rate.
May 07, 2024
The 2024 Am Law 200: By the Numbers
ALM Staff
A closer look at the numbers that mattered most for the Am Law 200—in visual form.
May 07, 2024
The 2024 Am Law 200: A Guide to Our Methodology
ALM Staff
How we report law firm financials.
Previous Years of am law 200
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