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By Dan Roe | March 13, 2024
While the firm's U.S. offices continued to be responsible for the lion's share of revenue, offices in the U.K., Continental Europe, Asia, the Middle East and Australia also contributed to its total revenue of $840 million, said firm global CEO Steve Baumer.
3 minute read
By Patrick Smith | March 12, 2024
The growth, including crossing the $2 billion mark in revenue, took place in a year when Paul Weiss hired top talent in London -- a move firm chair Brad Karp called "a strategic opportunity."
7 minute read
By Patrick Smith | March 12, 2024
The firm said it saw 43% of its revenue derived from the Europe, Middle East and Africa regions, 8% from the Asia-Pacific and the balance (49%) from its work in the Americas. Its U.K. office generated $444 million in revenue -- a 1.6% decline from 2022.
7 minute read
By Amanda O'Brien | March 7, 2024
The firm's revenues climbed by 5.5% to hit $653 million in 2023. The firm's offices In Canada, where it has been expanding, brought in about 2.5% of the total.
6 minute read
By Thomas Spigolon | March 5, 2024
The firm's revenue in London increased more than 33%, and it also rose in Abu Dhabi and Dubai in the United Arab Emirates, and in Riyadh, Saudi Arabia, said firm chairman Robert Hays.
5 minute read
By Paul Hodkinson | March 5, 2024
Is it possible a firm can challenge Kirkland's dominance in private capital? Paul Weiss' London push might give us an answer.
4 minute read
By Alexander Lugo | February 29, 2024
The moderate growth came after two years of faster pace in revenue growth, but CEO Brian Duffy says it's only a slowdown because 2021 and 2022 were such extraordinary years for the firm. The firm also expanded in the Middle East and in Singapore last year.
5 minute read
By Krishnan Nair | February 27, 2024
Top UK-founded firms are seeking to keep their remuneration models attractive to partners at risk of departing for lucrative roles at US law firms.
4 minute read
By Patrick Smith | February 22, 2024
Paul Hastings' equity tier grew by 2% while its nonequity tier surged by 14%.
5 minute read
By Patrick Smith | February 22, 2024
The firm said there was some underperformance in Europe compared with the firm's US output, but London revenue rose 31% in 2023.
5 minute read
By Jae Um | April 24, 2024
Susman's dominant outperformance in 2023 is suggestive of broader and structural change arriving in the big leagues.
3 minute read
By Patrick Smith | April 23, 2024
The growth of private debt and equity funds is fueling support for their corporate practices, evident in the Am Law 100 financial results.
7 minute read
By Justin Henry | April 23, 2024
Risk-averse corporate legal departments view the potential hazards of switching from a trusted outside counsel as too great, according to Kris Satkunas, director of strategic consulting at CounselLink.
8 minute read
By Ronald E. Wood and Dale Durham | April 22, 2024
"San Diego has attracted international, national, and regional firms, all hoping to make a splash," according to Ronald E. Wood and Dale Durham of Major, Lindsey & Africa.
6 minute read
By Abigail Adcox | April 22, 2024
Holland & Knight and Hogan Lovells also grew their Q1 lobbying revenue.
3 minute read
By Andrew Maloney | April 22, 2024
Six of the nine Chicago-founded Am Law 100 law firms had lower revenue growth than the 100 as a whole. But most Chicago firms maintained their spots or moved up in the latest rankings
5 minute read
By Alexander Lugo | April 22, 2024
Holland & Knight achieved the most success thanks to an early 2023 merger with Waller Lansden. Meanwhile Greenberg Traurig had more modest gains than last year, keeping it steady in the rankings while Akerman lost headcount and dropped several places.
5 minute read
By Thomas Spigolon | April 22, 2024
While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.
6 minute read
By Abigail Adcox | April 22, 2024
Despite the hiring slowdown, firms such as Foley & Lardner, King & Spalding, Cooley and Morgan Lewis have added D.C. partners in recent days.
3 minute read
By Abigail Adcox | April 19, 2024
While three D.C. firms slid down the rankings, six rose in the Am Law 100 and three others held their rank.
4 minute read
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