By James Willer, Sr. Analyst & Lead Analyst, Legal Intelligence

We have just released a wrap-up report of their key findings from the 2020 Firm Performance Overview reports. Each year, the ALM Intelligence analyst team generates reports on all Am Law 200 firms and the non-Am Law Global 100 firms. Our analysts designed these reports to examine the drivers of each law firm’s key financial metrics during the previous fiscal year, including performance versus peers and the broader market. For our law firm clients, these reports serve as an on-demand source of competitive intelligence. For our legal department clients, these reports, and the corresponding data and tools on Legal Compass, are often used for due diligence and law firm evaluation.

This key takeaways report compiles the data and insights from the 223 Am Law 200 and Global 100 Firm Performance Overview reports produced by our Legal Analysts.

Highlights and key takeaways from this report include:

• Revenue: The Am Law 1 – 50 accounted for 61% of the overall Am Law 200 revenue, up from 59% in 2015
• Headcount: Am Law 200 attorney headcount increased 3% in the US in 2019, continuing five years of 4% average growth
• Profitability & Office Network: 48% of Am Law 200 firms have at least 50% of offices with 20 or fewer attorneys
• Diversity: Firms with a higher percentage of minority and female attorneys generally had higher revenue rankings

Download The Report