Widening Pay Gaps Among Top Law Firms Highlight Shift in Compensation Models

Recent data highlights a notable trend among the highest-grossing law firms, with pay disparities among equity partners widening further. According to ALM survey data, the Am Law 100 firms have reached an average pay ratio of 12.3-to-1 between their highest- and lowest-paid equity partners. This increase follows the previous surpassing of the 10-to-1 mark just two years ago. The evolving compensation models indicate a dynamic shift in how law firms are making room for top performing partners. For more details on this development, refer to the original article.