By Abigail Adcox | March 14, 2024
As the number of equity partners at the firm shrunk nearly 10% to 74, the firm's average PEP was up around 5% to $2.2 million.
By Patrick Smith | March 12, 2024
The growth, including crossing the $2 billion mark in revenue, comes as Paul Weiss has decided to move to a two-tier partnership and a black-box compensation system for partners, said firm chair Brad Karp.
By Dario Sabaghi | March 12, 2024
The Saudi government paid Brownstein nearly $10 million from 2016 until 2023, according to one study.
By Abigail Adcox | March 7, 2024
PEP declined without a significant windfall from contingency receipts. But the firm's base business revenue was up 6.8%, Crowell Chair Phil Inglima said.
By Abigail Adcox | March 6, 2024
The firm has been investing in "adjacent services" that complement its traditional core IP offerings, said managing partner Erika Arner.
By Abigail Adcox | March 4, 2024
The Am Law 25 firm has hired a six-partner tech-focused IP litigation team from Allen & Overy based in Palo Alto, New York, and Washington, D.C.
The American Lawyer | Analysis
By Andrew Maloney | February 27, 2024
Now, there may be even greater emphasis on the profitability of a practice, not just hours.
By Abigail Adcox | February 23, 2024
McGuireWoods benefited from rate increases and also embraced alternative fee arrangements, including "very significant enterprise-wide flat fee type arrangements" and blended rates, said the managing partner.
By Patrick Smith | February 22, 2024
Paul Hastings' equity tier grew by 2% while its nonequity tier surged by 14%.
National Law Journal | Analysis
By Abigail Adcox | February 22, 2024
The firm's expense growth was driven by investments in new ancillary businesses, as well as overhead for new firm offices, lawyer compensation and inflation, said Michael Martz, Vorys managing partner.
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