Simpson Thacher & Bartlett announced yesterday that corporate partner William Dougherty has been named chairman of the 837-lawyer firm’s executive committee, effective immediately. In taking over Simpson Thacher’s top management post, Dougherty, 51, succeeds corporate partner Philip "Pete" Ruegger III, 63, who has led the firm since 2004. Ruegger said he plans to retire from full-time practice later this year after 39 years and move into an of counsel role with the firm.
Dougherty takes over as chair on the heels of a year that saw Simpson Thacher enjoy modest growth. Gross revenues rose 2 percent in 2012, to $982.5 million, according to The American Lawyer. Revenue per lawyer remained stable at $1.18 million, while profits per equity partner inched up slightly to $2.67 million.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
