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By Andrew Maloney | March 13, 2024
As the firm invested in laterals, the nonequity tier shot up by 11.4%. Meanwhile, average PEP fell by 3.9% to $833,000.
5 minute read
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.
7 minute read
By Thomas Spigolon | March 12, 2024
The Tennessee-founded firm raised profits while paying down debt from recent expansion.
5 minute read
By Patrick Smith | March 12, 2024
The firm had several outperforming practices in a year in which it saw its first leadership change in almost two decades.
5 minute read
By Abigail Adcox | March 11, 2024
"Ten percent of our revenue came from brand-new clients, [which] we attribute in large part to the merger," firm managing partner Brian Waldman said.
3 minute read
By Brenda Sapino Jeffreys | March 8, 2024
The Dallas-founded firm's lawyer head count grew slightly, a turnaround from years of declining lawyer numbers.
5 minute read
By Alexander Lugo | March 8, 2024
Because of the large gap between standard and agreed rates, some firms have been able to raise rates for clients quietly. Now, there's seemingly pushback.
5 minute read
By Abigail Adcox | March 8, 2024
Venable has seen consecutive revenue growth for more than a decade.
3 minute read
By Justin Henry | March 8, 2024
Revenue grew by 7.6% in 2023 to top $971 million, while PEP rose by 3.6% to more than $1.8 million.
6 minute read
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.
4 minute read
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