On April 25, 2016, American Lawyer published its annual AmLaw 100 rankings with Venable posting another strong year and climbing two spots from last year to #66. The rankings are based on 2015 gross revenue.
In addition to gross revenue, Venable made strong showings and improvements in critical categories that the AmLaw 100 measures including:
Profits per Partner: #67
Revenue per Lawyer: #61
Value per Lawyer: #56
Compensation – All Partners: #64
Profits per Lawyer: #57
In an interview earlier this year discussing the firm’s stronger than expected 2015, Venable Co-Managing Partner Lindsay Meyer said the firm saw across the board revenue growth in all four of the firm's divisions – business, government, litigation, and intellectual property. "We've had three really strong years, so for us it reaffirms continuing to do what we do, in serving clients and diversifying our portfolio." Meyer also pointed to growth in San Francisco where the firm recently moved to a new office and the launch of a new state attorney general practice.
Last year, Venable saw revenue increase by 7.9% marking the third consecutive year the firm outperformed the legal industry average. Revenue per attorney was up 2% and profits per partner jumped to over $1 million. "I think we're in the club," said Meyer commenting on the new milestone. The firm also increased its overall headcount with the addition of 32 attorneys last year.