Wilson Elser

The 2013 Am Law 100: A Year of ‘Slow Growth’

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As we mentioned in Morning Docket, the American Lawyer recently released its highly influential, closely watched Am Law 100 law firm rankings. They say that “slow and steady wins the race,” and with regard to economic recovery, Biglaw firms seem to have taken that up as their new motto.

Yes, partners are still living as large as they ever were, but their success now comes in the form of single-digit returns with regard to key financial metrics. The divide between the “haves and the have-nots” in the world of major law firms has grown to epic proportions, and some Am Law 100 staples have fallen out of the top hundred firms altogether. Welcome to the new normal.

Are you ready to get excited about “modest” and “spotty” gains across the board? Let’s dig in….

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The 2012 Am Law 100: Revenue and Profits Continue To Climb

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As we mentioned last week, the American Lawyer recently released its highly influential, closely watched Am Law 100 law firm rankings. And despite all the doom and gloom permeating the legal profession, as well as the stagnant bonuses for associates lucky enough to make it into Biglaw, partners at large law firms are living just as large as ever.

In a way, the recovery in Biglaw is not unlike the recovery in America in general. If you were already well-off, you’re doing great now. It’s just not trickling down to anybody else. See, e.g., anemic spring bonuses.

Interestingly enough, the division of the world into “haves and have-nots” continues even into the world of major law firms. Partners at super-top-tier firms are putting even more distance between themselves and partners at less high-powered or less profitable firms.

Let’s look at the numbers, shall we?

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Here Comes the Bride, All Dressed in… Oops, She’s Not Dressed

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Your wedding day is supposed to be a special occasion filled with joy and happiness. And for that reason, brides across the country are willing to pay top dollar for the best photographer money can buy, to document the entire experience.

From a bride’s pre-wedding hair and makeup session to her walk down the aisle, someone with a camera will be by her side snapping pictures all the way. And I do mean all the way.

Did you ever think that a picture of you in your skivvies would make its way into your wedding album? This lawyerly bride sure didn’t.

She was blushing alright, but with embarrassment….

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