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1330 Connecticut Avenue, NW Washington, DC 20036 TEL: 202.429.3000 FAX: 202.429.3902 www.steptoe.com
In 2004, Steptoe was the big mover among the D.C. 20. In 2005, the firm’s forward momentum continued. Despite a slight decrease in head count and the D.C. office undergoing major renovations, Steptoe was able to post strong numbers under the leadership of managing partner Roger Warin, although a repeat of its ’04 gains — when the firm boasted an 18 percent increase — didn’t happen. For 2005, revenues broke $200 million, a 10 percent improvement, while profits per partner soared, coming in at $921,000, a 12 percent gain. Philip Malet, the firm’s vice chair, says the gains came through consistent output from major practice areas. “We had a very good year. There wasn’t a large contingency case that swung the balance,” Malet says. “In fact, we were able to prepay many of our expenses.” He says that Steptoe’s strength was its white-collar practice, led by Reid Weingarten, who represented former WorldCom CEO Bernard Ebbers, and the international trade and intellectual property groups. Among prominent clients, partners Steven Davidson and Howard Stahl represented Motorola Inc. in a fraud case against Turkish telecommunications company Telsim, which resulted in a judgment of more than $2 billion for their client in 2005. Major cases also included the representation of the Canadian Wheat Board and the British Columbia Lumber Trade Council, which scored a series of victories before the U.S. International Trade Commission and a North American Free Trade Agreement panel; handling asbestos litigation for the Metropolitan Life Insurance Co.; and counseling CACI International Inc., the private contractor involved in the Abu Ghraib prisoner abuse scandal. The firm, Malet says, was also successful at courting the lawyers it chased. “We focused on a few strategic additions in 2005,” says Malet. “We weren’t looking for volume; we wanted to add specific people who could help a targeted area.” Among those additions were Roger Nober (transportation), Roger Parkhurst (intellectual property), Paul Mickey (employment and labor), and Lucinda Low (international trade). The focus next year, Malet says, will remain on adding lawyers. “We have adopted a plan for significant growth, primarily outside of Washington,” he says. “We want to build our national litigation department to our strengths: international trade and corporate counseling.”
D.C. 20 (2006)Rank by D.C. revenue: 7D.C. Revenue (2005): 200,000,000D.C. Revenue (2004): 182,500,000Revenue per lawyer: 820,000Profits per partner: 920,000Average Compensation All Partners: 920,000Lawyers/Equity Partners: 244/97Firmwide Revenue (2005): 258,500,000 D.C. 20 (2005)D.C. Revenue 2004: 182,500,000D.C. Revenue 2003: 154,000,000Revenue Per Lawyer: 740,000Profits Per Partner: 825,000Average Compensation All Partners: 825,000Lawyers/Equity Partners: 246/99Firmwide Revenue 2004: 232,500,000

LT150 (2006)Rank by size of D.C. office (2005): 8Lawyers in Office (2006): 274Partners in Office (2006): 105Lawyers in office (2005): 271Partners in office: (2005): 99Percent Change in Number of Lawyers: 1.1Associate Hires Expected 2006: 23 LT150 (2005)Lawyers 2005: 271Partners 2005: 99Lawyers 2004: 282Partners 2004: 101Percent Change: 3.90Associate Hires: 22+

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