{"id":154911,"date":"2026-06-16T02:59:59","date_gmt":"2026-06-16T10:59:59","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/06\/16\/top-firms-increased-leverage-over-past-five-years-fueled-by-nonequity-partner-growth\/"},"modified":"2026-06-16T02:59:59","modified_gmt":"2026-06-16T10:59:59","slug":"top-firms-increased-leverage-over-past-five-years-fueled-by-nonequity-partner-growth","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/06\/16\/top-firms-increased-leverage-over-past-five-years-fueled-by-nonequity-partner-growth\/","title":{"rendered":"Top Firms Increased Leverage Over Past Five Years, Fueled by Nonequity Partner Growth"},"content":{"rendered":"<p>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.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/958101017\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a title=\"Add to FaceBook\" href=\"https:\/\/feeds.feedblitz.com\/_\/2\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fbshare20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Like on Facebook\" href=\"https:\/\/feeds.feedblitz.com\/_\/28\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fblike20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Pin it!\" href=\"https:\/\/feeds.feedblitz.com\/_\/29\/958101017\/law\/legal-news,https%3A%2F%2Fk2-prod-alm.s3.us-east-1.amazonaws.com%2Fbrightspot%2F6a%2Fd8%2Fc1b3fff9470aaa4f1165a4f9582d%2Fdisplay-image-top-20-firms-by-largest-increase-in-leverage-2025-vs-2020-01-jpg767x505.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/pinterest20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Stumble This\" href=\"https:\/\/feeds.feedblitz.com\/_\/12\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/stumble20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Post to X.com\" href=\"https:\/\/feeds.feedblitz.com\/_\/24\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/x.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Subscribe by RSS\" href=\"https:\/\/feeds.feedblitz.com\/_\/20\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/rss20.png\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n<p>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.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/958101017\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a title=\"Add to FaceBook\" href=\"https:\/\/feeds.feedblitz.com\/_\/2\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fbshare20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Like on Facebook\" href=\"https:\/\/feeds.feedblitz.com\/_\/28\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fblike20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Pin it!\" href=\"https:\/\/feeds.feedblitz.com\/_\/29\/958101017\/law\/legal-news,https%3A%2F%2Fk2-prod-alm.s3.us-east-1.amazonaws.com%2Fbrightspot%2F6a%2Fd8%2Fc1b3fff9470aaa4f1165a4f9582d%2Fdisplay-image-top-20-firms-by-largest-increase-in-leverage-2025-vs-2020-01-jpg767x505.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/pinterest20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Stumble This\" href=\"https:\/\/feeds.feedblitz.com\/_\/12\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/stumble20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Post to X.com\" href=\"https:\/\/feeds.feedblitz.com\/_\/24\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/x.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Subscribe by RSS\" href=\"https:\/\/feeds.feedblitz.com\/_\/20\/958101017\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/rss20.png\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The top 50 Am Law firms saw the largest increase in leverage between 2020 and 2025, on average increasing [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":154912,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-154911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-com"],"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/154911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=154911"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/154911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/154912"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=154911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=154911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=154911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}