Dentons Challenge Aims a Spotlight on the Shortcomings of AmLaw Profit Rankings

Dentons recent, successful, and very public, challenge to The American Lawyer’s quantification of its profitability drew new attention to a long-debated question: Just how accurate are the AmLaw 200 profits per equity partner (PPEP) numbers?

For me, the Dentons/American Lawyer dispute also raises a more fundamental question: Is PPEP an appropriate way to measure the performance of a law firm, even if the numbers are accurate? I don’t think so. We need to do better.

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