The top 50 Am Law firms saw the largest increase in leverage between 2020 and 2025, on average increasing leverage by 1.04 points, while the bottom quartile only increased leverage on average by 0.16 points.
The top 50 Am Law firms saw the largest increase in leverage between 2020 and 2025, on average increasing leverage by 1.04 points, while the bottom quartile only increased leverage on average by 0.16 points.

