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Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100
"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.
Hogan Lovells Rebounds in 2023 With Most Profitable Year in History
The global firm brought in $2.68 billion in revenue, which translated into $2.74 million in profits per equity partner.
As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off
"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
Even With More Competition in DC, These Law Firms Still Have an Edge
D.C. firms say their deep regulatory and litigation background is working to their advantage, contributing to growing profits, particularly in years where transactional work has been softer.
Litigator of the Week Runners-Up And Shout Outs
A team at Pillsbury Winthrop Shaw Pittman secured a ruling eliminating more than a half billion dollars in potential liability for client Teck Cominco Metals in a long-running environmental suit in the Eastern District of Washington.
Paul Hastings, Further Building Finance Team, Hires Shearman Partner
He's the latest lateral partner hire for Paul Hastings, which has seen several partners join and leave in the last few months.Litigator of the Week Runners-Up and Shout Outs
Kaplan Hecker & Fink won a second verdict against former President Donald Trump for client E. Jean Carroll.
Amid 'Brutal Competition' and Demand in Patent Practices, Orrick Grows IP Group
Arnold & Porter, Crowell & Moring, McCarter & English, and Miles & Stockbridge also picked up D.C. partners in their key practices this past week.
How Some Big Law Firms Can Afford Associate Salary Raises
Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
On Top of Matching Pay Raises, Arnold & Porter Offers Higher Bonuses for High-Performers
Associates who billed 2,400-2,499 hours will receive an additional 10% bonus, while the firm will pay more for those who bill higher.TRENDING STORIES
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