By Andrew Maloney | March 18, 2024
The firm's 8.2% drop in equity partners helped push the firm's PEP up by about 4.4% to about $2.44 million. Revenue per lawyer ticked up 1% to nearly $1.01 million.
By Thomas Spigolon | March 18, 2024
It's the first new chair in a decade for the firm, which has some 570 lawyers in 22 offices.
By Patrick Smith | March 18, 2024
Perkins Coie saw both associate deferrals and layoffs in 2023. "We bent the curve on cost and delivered some excellent results for our partners," said chair Bill Malley.
By Kasvi Sehgal | March 18, 2024
"We are conducting a small and targeted restructuring in selected areas of the firm to manage costs and shape our size and capabilities to practice demand," a firm spokesperson confirmed.
By Andrew Maloney | March 18, 2024
The firm continued to improve its profit margin, as average PEP rose nearly 6% to $7.955 million, according to American Lawyer reporting.
By Thomas Spigolon | March 15, 2024
"When every single thing goes up in costs year over year, if you're not responding to that, you're not keeping up with the rest of your ecosystem," said managing partner Sean Fogarty.
By Alexander Lugo | March 15, 2024
The early 2023 merger with Nashville-based Waller Lansden Dortch & Davis helped push the firm over $1.8 billion in revenue, marking the addition of over $800 million to the top line since 2019.
By Dan Packel | March 14, 2024
In a week when one Am Law 100 managing partner stepped down abruptly while another was elected to a new term that will last into 2029, the pressures on leaders are thrown into even starker relief.
By Patrick Smith | March 14, 2024
Amid a string of laterals and promotions, the firm's partnership expanded, with about a 3.5% increase in the equity tier and a 29% rise in the nonequity tier, up to 121 partners.
By Abigail Adcox | March 14, 2024
As the number of equity partners at the firm shrunk nearly 10% to 74, the firm's average PEP was up around 5% to $2.2 million.
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