Munger, Tolles & Olson judged No. 1 in nation by American Lawyer magazine

July 9, 2008 Los Angeles law firm Munger, Tolles & Olson tops the American Lawyer magazine's sixth annual A-List of the country's elite law firms. It was the first time a Los Angeles firm was ranked first. Previously, only New York firms had held the No. 1 spot, with law firm Debevoise & Plimpton taking top honors the last four years.

Although Munger was lauded by the magazine for its increase in pro bono work, the firm also keeps an eye on the bottom line. Munger's revenue per lawyer -- another measure in the A-List rankings -- increased 11% to $1.14 million last year, up from $1.03 million in 2006. The firm's total revenue was $205 million.

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