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February 23, 2024 | National Law Journal

'Steady Year in a Turbulent Market': McGuireWoods Surpasses $1B in Gross Revenue

McGuireWoods benefited from rate increases and also embraced alternative fee arrangements, including "very significant enterprise-wide flat fee type arrangements" and blended rates, said the managing partner.
4 minute read
February 20, 2024 | The American Lawyer

Impactful Laterals Abounded in 2021 and 2022. Have They Found Success?

Industry experts and recruiters say there are a multitude of data, many individualized, that factor into the "success" of a lateral. And even defining "success" can be tricky, depending on how firms view their attorneys.
7 minute read
February 14, 2024 | National Law Journal

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 13, 2024 | The American Lawyer

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.
6 minute read
February 12, 2024 | The American Lawyer

Hogan Lovells Hires 23 M&A Lawyers From Orrick in Italy

Orrick said the departures are part of the firm's strategy to provide sector-specific advice, and include another exit to BonelliErede.
4 minute read
January 29, 2024 | The American Lawyer

Will Allen & Overy, Freshfields, Clifford Chance and Linklaters Find America's Streets Paved With Gold?

International law firms have been launching offices in the U.S. and paying top dollar for talent in the world's largest and most lucrative legal market. But growth potential exists elsewhere and firms shouldn't give the rest of the world short shrift, writes The Global Lawyer.
9 minute read
January 29, 2024 | The American Lawyer

Hiring From Kirkland, Paul Hastings Continues Building Restructuring Practice

The firm continues to be bullish on restructuring, almost two years after its raid of Stroock.
2 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 17, 2024 | Daily Business Review

McCarter & English Adds Miami Real Estate Transaction Team from Now-Shuttered Boutique

The remainder of the lawyers at Alvarez & Diaz-Silveira discussed joining McCarter with Manuel Fernandez and Alberto Delgado. But instead the firm closed in December, with name partner Pedro Alvarez retiring and two others moving to Polsinelli.
3 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

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