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By Abigail Adcox | February 12, 2024
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.
7 minute read
By Dan Roe | February 12, 2024
The Am Law 50 finished the fourth quarter with nearly 8% more fees worked than Q4 2022 despite a decline in demand, according to a new Thomson Reuters report.
3 minute read
By Justin Henry | February 9, 2024
After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.
5 minute read
By Thomas Spigolon | February 8, 2024
The Atlanta firm decreased its equity partner tier by 7.6% to 106 partners, while its nonequity partner ranks expanded by 6% to 146.
5 minute read
By Thomas Spigolon | February 8, 2024
Firms have shifted their leverage models, helping to bump up profits per equity partner for a second year, said Wells Fargo.
5 minute read
By Abigail Adcox | February 8, 2024
"D.C. was our best-performing region," said Owen Burman, of Wells Fargo Legal Specialty Group. "The regulatory side was on fire for so many firms."
3 minute read
By Abigail Adcox | February 8, 2024
In average revenue growth, D.C. firms exceeded peers in New York City, California, Texas, Florida, Chicago, Philadelphia and Atlanta, according to Wells Fargo data.
3 minute read
By Amanda O'Brien | February 7, 2024
"I don't want to sound pessimistic, but the time of the smaller insurance defense shop is probably going away," said Weber Gallagher chairman Andrew Indeck.
4 minute read
By Abigail Adcox | February 6, 2024
The environment for counsel on government-facing issues was "quite strong" last year, driving demand across the firm's litigation, transaction and regulatory practices, said chairman Richard Alexander.
3 minute read
By Brenda Sapino Jeffreys | February 2, 2024
A group of homegrown Texas firms did better than the industry average in a number of financial metrics in 2023, according to a Wells Fargo Legal Specialty Group year-end survey.
3 minute read
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