Biglaw Attorneys Aren’t Bringing In As Much In Profit As They Used To….

Ed. note: Welcome to our daily feature, Trivia Question of the Day!

According to data collected by ALM for the Am Law 100 ranking, what is the average profit per lawyer (PPL) across the top 100 firms?

Hint: Profits per lawyer is represented by a firm’s net income divided by its lawyer count. PPL was down 7.1% in 2022 compared with the year prior, thanks to demand issues and increasing expenses.

See the answer on the next page.

Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.