Biglaw Didn't Used To Be This Profitable
There's a lot more money in Biglaw now...
In celebration of American Lawyer’s 40th anniversary, ALM has collected a treasure trove of Biglaw data. What was the average profit per equity partner for the Am Law 50 in 1985?
Hint: In 2019, the PEP for the Am Law 50 is $2,539,220 — but it wasn’t that much back in 1985.
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