These slides contain the figures used in "From Big Law to Lean Law", an essay published in honor of the late Larry Ribstein. The full article can be accessed at http://ssrn.com/abstract=2356330. The full citation is William D. Henderson, From Big Law to Lean Law, 3 Int'l Rev. L. & Econ. 271 (2013).

3. $900,000
Average Revenue Per Lawyer (RPL)
Am Law 100, FY 1986 to 2012
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
Revenue Per Lawyer
2-Year Moving Avg.

4. Year of Lateral Movement
2000
2001
2002
2003
2004
2005
2006
40
Rank of Am Law 200 Firm Left of Joined
45
50
55
60
65
70
75
80
85
90
Left
Joined
2007
2008
2009
2010
2011

5. Ratio of Total Lawyers to Equity Partners (Leverage)
Am Law 100, FY 1994-2011
5.00
4.50
4.00
3.50
3.00
2.50
2.00

7. Susskind’s Paradigm
of the Future Legal Marketplace
Bespoke
Standardized
Systematized
Packaged
Needed human capital:
• Information technology
• Systems engineering
• Finance
• Marketing
• Project Management
• Law
Commoditized

8. Change in # of Employees since 1998
Legal Services Industry
Law Offices vs. All Other Legal Services
160%
% Growth in Employees
140%
120%
100%
80%
60%
Since 2004:
40%
Law Offices: -47,729 jobs
All Other Legal Services: + 7,696
20%
0%
Generated by
William Henderson
(June 2012)
Offices of lawyers
All other legal services