Accuracy Of AmLaw Partner Profit Data Long In Doubt

Law360, New York (August 23, 2011, 8:42 PM EDT) -- A report that many of the country's top law firms may have overstated their average partner profits in The American Lawyer's annual rankings came as no surprise to legal industry experts, who have long viewed the published numbers with skepticism.

More than half of the top 50 law firms overstated their per-partner profits, and more than 22 percent of them inflated the numbers by 20 percent or more, according to a Wall Street Journal article published Monday. The Journal cited an analysis by Citi Private Bank...
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