NEXT

International Edition

Nonequity Partner Growth Kicks Into High Gear

Several Am Law 100 firms grew their income partner ranks by double-digit percentages in 2023. Multiple factors are pushing firms to rapidly expand this tier of partners, observers say.
7 minute read

International Edition

Mintz Sees Revenue Hit All-Time High as Profits Dip Amid Office Expansion

The firm expanded into Canada, which ate into its profits per equiety partner, said managing partner Robert Bodian. But the firm's Canadian presence generated $9.2 million last year, he said.
5 minute read

International Edition

Fried Frank Crosses $1B in Revenue as PEP Soars 21% and Equity Tier Declines

"There was no plan for mass de-equitization," said chair Kenneth Rosh. "We do manage it [the partnership], and there were some laterals who left and some retirements."
6 minute read

International Edition

At Morrison & Foerster, Reduced Overhead and Steady Demand Led to 19% Profitability Gain

In international markets, the firm advised the board of Toshiba in its $15 billion take-private, the largest deal of its kind in the history of Japan. It also saw strong performance from its offices in Berlin and London, the firm said.
6 minute read

International Edition

At Goodwin, Growth Investments Scuttle Profits While Revenue Ticked Up

The firm, which saw London revenue increase 25.9% in 2023, will be moving into a new, larger location in the city. Elsewhere, Goodin has expanded its practices in Europe and Asia, the firm said.
5 minute read

International Edition

Revenue Up 6.2% at Orrick, But Profits Grew by Much More

Orrick Chair Mitch Zuklie said that internationally, performance from the firm's London office was strong. He also said the firm started seeing a meaningful amount of cross-border work coming from China, where the firm has offices in Beijing and Shanghai.
5 minute read

International Edition

VIDEO: How Much Bigger Can Kirkland Get?

How has the world's largest law firm grown so large and what does that mean for the future, asks Law.com International's editor-in-chief.
1 minute read

International Edition

In Year of 'Difficult Decisions,' Perkins Coie Grows Revenue 4% and PEP 7.6%

The firm closed its office in Shanghai early this year, but chair Bill Malley said it plans to open an office in Shenzhen. He also said the firm is eyeing a possible launch in London, where it would emphasize its strengths in IP, litigation and privacy.
5 minute read

International Edition

Mayer Brown Sees Revenue and PEP Climb Amid Higher Demand, Drop in Equity Tier

Chair Jon Van Gorp called the firm's law venture in Singapore, which it launched last year, "a big deal" and noted the firm has seen strong performance from its offices in London, Paris and Brazil.
5 minute read

International Edition

Gibson Dunn Breaks $3B Revenue Mark With Litigation, Transactions Firing on All Cylinders

Gross revenue was up 12.3% while profits per equity partner rose 13.4% during the firm's 28th consecutive year of revenue growth. In 2023, the firm expanded globally, launching in the Middle East in both Abu Dhabi and Riyadh. It also added a nine-lawyer energy and infrastructure team in Paris.
6 minute read

Resources

  • 2024 Trends Report Mid-Year Special Edition: Update on Outside Counsel Billing Rates

    Brought to you by LexisNexis® CounselLink®

    Download Now

  • AI in Private Equity: A Guide for Gaining an Early Advantage

    Brought to you by Ontra

    Download Now

  • Why Are So Many Law Firms Suddenly Embracing Digital Transformation?

    Brought to you by AllRize

    Download Now

  • 2025 State Legislative Sessions

    Brought to you by LexisNexis®

    Download Now