Abigail Adcox writes about business of law news in Washington, D.C., as well as lobbying and the revolving door. She can be reached at [email protected] and on Twitter @abigailadcox.
February 22, 2024 | National Law Journal
As Firm Expenses Grew by $15M, Vorys' Revenue Rose but Profits DeclinedThe firm's expense growth was driven by investments in new ancillary businesses, as well as overhead for new firm offices, lawyer compensation and inflation, said Michael Martz, Vorys managing partner.
By Abigail Adcox
3 minute read
February 21, 2024 | National Law Journal
Jenner and Akin Recruit Partners Focused on National Security, Export ControlAlexis Early joins Jenner from King & Spalding, while Akin hired Opher Shweiki, who was a chief counsel for the Bureau of Industry and Security within the U.S. Commerce Department.
By Abigail Adcox
3 minute read
February 20, 2024 | National Law Journal
Orrick, Cooley Boost DC Offices With Litigation Partner Hires"We're seeing incredible demand from the market for the kind of comprehensive IP litigation platform we provide, as companies at all stages stress the importance of protecting the technologies that drive their businesses," Alyssa Caridis, co-head of Orrick's IP business unit, said.
By Abigail Adcox
4 minute read
February 16, 2024 | National Law Journal
Top D.C. Firms Earn Seven Figures Representing Foreign Govts., Filings ShowSquire Patton Boggs, Hogan Lovells, Arnold & Porter and Akin are among the firms registering lately as representing foreign principals. The documents highlight what is for some a growing source of business in their public policy practices.
By Abigail Adcox
5 minute read
February 14, 2024 | National Law Journal
Steptoe's Revenue Grew 13% Amid Lateral Expansion and Rising Litigation DemandEven 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.
By Abigail Adcox
4 minute read
February 13, 2024 | National Law Journal
Skadden and Squire Build DC Partner Ranks With Government HiresJames Danly, who was FERC chair, has rejoined Skadden as head of its energy regulatory group, while Squire has added Bridget McGovern, who was an assistant secretary at the Homeland Security Department.
By Abigail Adcox
3 minute read
February 12, 2024 | National Law Journal
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."
By Abigail Adcox
5 minute read
February 12, 2024 | National Law Journal
Even With More Competition in DC, These Law Firms Still Have an EdgeD.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.
By Abigail Adcox
7 minute read
February 09, 2024 | National Law Journal
Sidley, Milbank, Foley & Lardner and Simpson Land Defense Roles on SEC ActionThe SEC, in charging the broker dealers and investment advisers, referred to "widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications."
By Abigail Adcox
2 minute read
February 08, 2024 | National Law Journal
Billing Rate Increases and Demand Growth Push DC Firms to Strong Financial Year"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."
By Abigail Adcox
3 minute read
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