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Skadden, Arps, Slate, Meagher & Flom isn’t the only firm based outside Washington that has seen revenues jump significantly during the last few years. Latham & Watkins and McDermott Will & Emery are both experiencing big local gains. Here are a few key figures on the growth of out-of-town firms since 2003 — and how they compare to their Washington-based rivals.
$836M: Total gross revenue in 2003 for D.C. 20 firms based outside the Washington metro area. $1.2B: Total gross revenue in 2007 for D.C. 20 firms based outside the Washington metro area. 53%: Percentage increase in gross revenue over the last four years for D.C. 20 firms based outside the Washington metro area. 32%: Percentage increase in gross revenue for D.C.-based firms during the last four years. $138K: The average difference in revenue per lawyer between firms based outside of Washington and those based in the District. $780K: The average difference in profits per partner between firms based outside of Washington and those based in D.C. 1,335: The number of equity partners at Washington-based D.C. 20 firms. 299: The number of equity partners at non-Washington-based D.C. 20 firms.

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