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FisherBroyles becomes first non-traditional firm to enter Am Law 200 rankings
18 May 2021
Achievement underscores the benefits of a distributed model post-Covid, firm s founders say
By alexkic; Shutterstock US-based FisherBroyles has become the first non-traditional firm to break into the Am Law 200 rankings after its gross revenue hit $113m in 2020. FisherBroyles operates under a distributed law firm model where partners retain up to 80% of their fees – work they originate – with the remainder going towards the firm’s costs. Over the past 12 months the firm added 51 new partners, the majority of whom joined from other Am Law 100 and 200 ranked firms. The firm’s gross revenue was a record, with total fee income reaching $105m – a 14% increase on 2019.