Thank you for sharing!

Your article was successfully shared with the contacts you provided.
1776 K Street NW Washington, DC 20006 202.719.7000 202.719.7049 (fax) www.wrf.com
A palpable anxiety could be felt in the halls of Wiley Rein & Fielding last year. Not because the firm was in jeopardy of losing revenue. Exactly the opposite. Partners watched furtively as the firm shepherded one of the most highly publicized cases of the year: the fight between NTP Inc. and Research In Motion Ltd. over the BlackBerry patent. Partners are still waiting for their chunk of the $612 million settlement, expected to pay out more than $200 million to the firm. But the anticipated payoff didn’t keep the partners from staying busy on other matters. Revenues grew at a steady 8 percent to $151 million, keeping Wiley’s name on the D.C. 20 list. “I think the last couple of years have been the best we’ve had in the firm,” says Richard Wiley, the firm’s chairman and a founding partner. No doubt, the good times are still rolling, but firms with Wiley’s Washington-only focus are few and far between these days. Indeed, much of the firm’s revenue increase stemmed from raises in rates, which jumped more than 5 percent for partners and counsel and 7 percent for associates. And despite the overall leap, revenue per lawyer only inched up slightly to $580,000. Yet the firm is planning for the future. It has managed to maintain its profits per partner and increase its nonequity ranks, which jumped from 45 to 58 last year. Communications remains Wiley’s stronghold. The firm served as lead counsel to a coalition of wireless telecommunications carriers in a major case over wireless rates and related business practices in the U.S. Court of Appeals for the 8th Circuit. And the firm filed an amicus brief on behalf of communications trade associations in the Supreme Court case MGM Studios v. Grokster. Government contracting also stayed strong. Wiley successfully defended Boeing against challenges to the procurement process for the Air Force’s Evolved Expendable Launch Vehicle program. And in the intellectual property arena, the firm represented Mylan Laboratories Inc. in a patent dispute with Johnson & Johnson Corp. Still, not every area had a productive year. The firm’s insurance practice, its second largest, lagged. But for now, nobody’s leaving Wiley. Not until they reap the rewards of the BlackBerry case, at least.
D.C. 20 (2006)Rank by D.C. revenue: 19D.C. Revenue (2005): 151,000,000D.C. Revenue (2004): 140,000,000Revenue per lawyer: 580,000Profits per partner: 785,000Average Compensation All Partners: 700,000Lawyers/Equity Partners: 260/62Firmwide Revenue (2005): 151,000,000 D.C. 20 (2005)D.C. Revenue 2004: 140,000,000D.C. Revenue 2003: 132,000,000Revenue Per Lawyer: 560,000Profits Per Partner: 745,000Average Compensation All Partners: 670,000Lawyers/Equity Partners: 251/65Firmwide Revenue 2004: 140,000,000

LT150 (2006)Rank by size of D.C. office (2005): 19Lawyers in Office (2006): 250Partners in Office (2006): 118Lawyers in office (2005): 237Partners in office: (2005): 112Percent Change in Number of Lawyers: 5.5Associate Hires Expected 2006: 20-25 LT150 (2005)Rank: 14Lawyers 2005: 237Partners 2005: 112Lawyers 2004: 228Partners 2004: 105Percent Change: 3.90Associate Hires: 20-25

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 1 article* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.