What Is ‘Big Law?’ | Explore Law Firms and Legal Advice
The term “Big Law” refers to the nation’s very large firms, as defined by the number of lawyers, size of revenue and number of offices. Big Law firms are also “at the top of their practice,” says Jim Jones, who served as managing partner at Arnold & Porter and is now a senior fellow at Georgetown University Law School’s Center for the Study of the Legal Profession.To identify those firms, most in the legal community start by looking at American Lawyer’s annual list of the nation’s largest firms, which is considered law’s equivalent to the Fortune 500.American Lawyer began publishing its list in 1986. Comparing the lists of then and today, it’s clear that Big Law has become big business.In 1985, the top firms on American Lawyer's list, now commonly referred to as the "Am Law 100," had ...