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February 14, 2024 | The American Lawyer

Steptoe's Revenue Grew 13% Amid Lateral Expansion and Rising Litigation Demand

Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.
4 minute read
February 06, 2024 | The American Lawyer

Calling the Move 'Irresistible,' Orrick Trial Partner Jumps to Steptoe

Orrick Herrington & Sutcliffe litigation partner Claudia Wilson Frost said she joined Steptoe's new Houston office partly because of the large group of trial lawyers there.
3 minute read
January 21, 2024 | The American Lawyer

The Time to Do a Transatlantic Merger is Now

As international GDP growth slows, law firms hoping to keep up with Kirkland, Latham, Skadden, and Simpson Thacher need to consider mergers involving the US, writes the Global Lawyer.
8 minute read
January 18, 2024 | The American Lawyer

Latest Norton Rose Fulbright Departure Sees Fintech Practice Head Relocate to Steptoe

"One troubling fact was that it was never explained internally, even to partners, why our global C-suite all the sudden departed in a short period of time," Stephen Aschettino said of his former firm. "The reasons for that have never been articulated."
5 minute read
January 16, 2024 | The American Lawyer

Steptoe Launches Houston Office With 24-Lawyer Trial Team From Smyser, Kaplan & Veselka

A total of 24 lawyers from Houston trial boutique Smyser, Kaplan & Veselka have moved to Steptoe to open a Houston office for the Am Law 200 firm, a deal that provides benefits to clients of both firms.
4 minute read
December 29, 2023 | The American Lawyer

The Stroock Files: The Journey Through Lateral Exits, Merger Talks and Dissolution

Over a year's worth of reporting on the issues and events that led to Stroock's downfall
8 minute read
December 26, 2023 | The American Lawyer

Law Firm Mergers Began With a Boutique Bash. Will the Party Continue in 2024?

A&O's tie-up with Shearman could be a harbinger of more U.K.-headquartered firms expanding into the U.S.
6 minute read
December 11, 2023 | The American Lawyer

Steptoe & Johnson Formally Changes Name to Steptoe

The name change will help the D.C.-based firm further distinguish itself from the West Virginia firm of the same name. "There can be client confusion. There can be accounts receivable confusion," firm chair Gwen Renigar said.
3 minute read
December 04, 2023 | The American Lawyer

Moving to Diversify Practices, Cahill Adds M&A, Corporate Advisory Partners From Stroock

"Ultimately, as part of our strategy moving forward, the firm wants to diversify," said incoming co-chair Herb Washer. "Diversify the client base, the practices, areas of expertise."
3 minute read
November 10, 2023 | The American Lawyer

Stroock Co-Managing Partner to Lead New Labor Practice at Steptoe, Joined by 2

Alan Klinger said Thursday he is making the move with fellow partner Dina Kolker and special counsel David Kahne. Steptoe & Johnson is also assuming Stroock's lease in Los Angeles.
4 minute read

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