Boston Law Firms Move Up The Ladder in Am Law’s Revenue Rankings
Brown Rudnick LLP and Nelson Mullins Riley & Scarborough LLP have made Boston proud as they show a significant rise in the American Lawyer’s ranking of the 200 highest-grossing law firms.
As is the culture of Am Law, annual rankings of firms are published based on revenue-performance. The first half of the ranking, featuring the Top 100 ranked firms, was published in April, this year. Among the top 100 were popular firms such as Goodwin Procter LLP, and Ropes & Gray LLP. Obviously, Boston is not faring badly at all.
The second half of the annual ranking was released earlier this week. It doesn’t take much skimming to fish out Nelson Mullins, at No.111 with a gross revenue of $298 million. That’s an appreciable leap, enjoying a 10.2 percent growth in revenue over the period, considering that the firm finished No.118 in the previous ranking.
Similar feat was chalked by Brown Rudnick as they hopped up five spots to NO. 153 with a gross revenue of $191.5 million. The firm, in that regard, had a 15.4 percent growth in revenue, which happens to be the second highest growth by any firm captured on the list.
Mintz Levin Cohn Ferris Glovsky and Popeo, however, dropped one place from the previous ranking as it occupied the 101st position in the latest ranking with a gross revenue of $316 million. They were thus among the top hundred in the previous ranking. McCarter & English LLP and Sullivan & Worcester LLP also made the list but suffered some drops in revenue.