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By Justin Henry | March 29, 2024
In London, Dechert experienced its second-strongest year, said co-chair David Forti, who noted that firmwide, the last three years as a whole "were the best three years we've ever had."
6 minute read
By Justin Henry | March 28, 2024
"We saw financial growth from top 200 clients, including significant increases in international engagements, which indicates that our global platform is working for our international clients," said global managing partner Casey Ryan.
5 minute read
By Andrew Maloney | March 26, 2024
The firm wants to increase its focus on markets outside of the U.S. moving forward, with London and Paris being priorities, said chair-elect Steve D'Amore, who will take the reins from lontime chair Tom Fitzgerad this summer.
4 minute read
By Maurice MacSweeney, director of legal finance at Harbour | March 26, 2024
Harbour's Maurice MacSweeney says firms that prioritise innovation in pricing, new tech, and external finance, will end 2024 in good health.
5 minute read
By Andrew Maloney | March 26, 2024
Several Am Law 100 firms grew their income partner ranks by double-digit percentages in 2023. Multiple factors are pushing firms to rapidly expand this tier of partners, observers say.
7 minute read
By Patrick Smith | March 25, 2024
The firm expanded into Canada, which ate into its profits per equiety partner, said managing partner Robert Bodian. But the firm's Canadian presence generated $9.2 million last year, he said.
5 minute read
By Patrick Smith | March 22, 2024
"There was no plan for mass de-equitization," said chair Kenneth Rosh. "We do manage it [the partnership], and there were some laterals who left and some retirements."
6 minute read
By Dan Roe | March 21, 2024
In international markets, the firm advised the board of Toshiba in its $15 billion take-private, the largest deal of its kind in the history of Japan. It also saw strong performance from its offices in Berlin and London, the firm said.
6 minute read
By Patrick Smith | March 21, 2024
The firm, which saw London revenue increase 25.9% in 2023, will be moving into a new, larger location in the city. Elsewhere, Goodin has expanded its practices in Europe and Asia, the firm said.
5 minute read
By Brenda Sapino Jeffreys | March 20, 2024
Orrick Chair Mitch Zuklie said that internationally, performance from the firm's London office was strong. He also said the firm started seeing a meaningful amount of cross-border work coming from China, where the firm has offices in Beijing and Shanghai.
5 minute read
By ALM Staff | April 16, 2024
Each year we dig through the numbers to compare the country's largest firms across more than a dozen financial metrics. Here we present some of the most important, interesting and surprising facts.
1 minute read
By ALM Staff | April 16, 2024
Each year we dig through the numbers to compare the country's largest firms across more than a dozen financial metrics. Here we present some of the most important, interesting and surprising facts.
1 minute read
By ALM Staff | April 16, 2024
Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
By ALM Staff | April 16, 2024
Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.
2 minute read
By ALM Staff | April 16, 2024
For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.
2 minute read
By ALM Staff | April 16, 2024
For the Am Law 100 as a whole, average revenue per lawyer, the metric that we've long regarded as the most reliable measure of a firm's financial health, increased by 4.9%. In 2023, eighty-five firms posted a gain in RPL.
2 minute read
By ALM Staff | April 16, 2024
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read
By ALM Staff | April 16, 2024
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read
By ALM Staff | April 16, 2024
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read
By Dan Roe | April 15, 2024
The global law firm saw rising demand across its platform, said U.S. managing partner Jeff Cody.
5 minute read
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