The Am Law 100 is reported by ALM publications throughout the United States, including The American Lawyer, The Connecticut Law Tribune, Daily Business Review (Miami), Fulton County Daily Report (Atlanta), The Legal Intelligencer (Philadelphia), The National Law Journal/Legal Times, The New Jersey Law Journal, New York Law Journal, The Recorder (San Francisco) and Texas Lawyer.
Most law firms provide their financials voluntarily for this report. Some choose not to cooperate, so we make estimates based on our reporting. But all data is investigated by our reporters. In the event that an error in reporting a previous year is discovered, we will correct the numbers and base the percentage changes in future years on restated numbers.
DEFINITIONS
GROSS REVENUE is fee income from legal work only. It does not include disbursements or income from nonlegal ancillary businesses.
NET is compensation to equity partners.
EQUITY PARTNERS are those who receive no more than half their compensation on a fixed-income basis.
NONEQUITY PARTNERS are those who receive more than half their compensation on a fixed-income basis.
LAWYER COUNTS are average full-time-equivalent (FTE) figures for the 2013 calendar year. Retired partners and of counsel are not counted as partners, nor are payments made to them counted in net operating income. Temporary and contract attorneys are not included.
