"Law.com recently released its third annual Pro Mid-Market 50 law firm rankings, a list of the midsize yet still elite law firms that represent the very best of what the legal profession has to offer. The highlights from the report reveal that these midsize firms saw incredible success across average revenue (up 5.4%) and average revenue per lawyer (up 7.9%), while average size shrunk just a bit (down 3.4%) in 2024."
"Now, the moment you've been waiting for: the top 10 firms in the Mid-Market 50 rankings (including FY 2024 revenue). Eckert Seamans Cherin & Mellott: $134,500,000 Hinckley Allen & Snyder: $133,607,000 Warner Norcross + Judd: $133,061,000 Best Best & Krieger: $131,984,000 Sullivan & Worcester: $129,568,000 Chamberlain Hrdlicka White Williams & Aughtry: $122,486,000 Lane Powell: $117,800,000 Porter Hedges: $116,500,000 Kanner & Pintaluga: $116,446,000 Wiggin and Dana: $115,301,000"
The Pro Mid-Market 50 rankings identify elite midsize law firms and report that average revenue rose 5.4% in 2024 while average revenue per lawyer increased 7.9%. Average firm size edged down 3.4% to about 114 lawyers. Average revenue per firm reached $81.13 million and average revenue per lawyer was $710,800. Midsize firms continue to pursue consolidation through mergers as a growth strategy. Revenue growth for the Mid-Market 50 lagged the bottom quarter of the Am Law 200 (9.3%), while RPL growth aligned closely with Am Law 151-200 (about 8.3%).
Read at Above the Law
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