By Dan Packel | February 23, 2022
The firm directed a significant amount of 2021's gains towards launching new offices in Dallas and Austin, yet profits per equity partner grew 10.2%
By Jessie Yount | February 23, 2022
Citi Private Bank's Gretta Rusanow predicted a return to "a wide dispersion in the experiences of firms" going forward.
By Andrew Maloney | February 23, 2022
Hogan Lovells, Latham & Watkins, Proskauer Rose and Paul Weiss all added key lateral hires to their merger or corporate practices this week.
By Andrew Maloney | February 22, 2022
Revenue leapt 23% in 2021, while profits grew more than 18%.
By Jacob Polacheck | February 18, 2022
While revenue grew more than 6%, the firm saw more attorney turnover and its total lawyer head count grew by a net of only seven lawyers.
By Andrew Maloney | February 18, 2022
Many firms did a better job collecting fees last year. Practice mix, billing discipline, and managing client relationships could help firms nudge realization higher.
By Patrick Smith | February 17, 2022
The firm saw its attorney and partner ranks swell, while more than half of its revenue came from cross-border matters.
By Jacob Polacheck | February 17, 2022
Southeast firms particularly benefited from having a New York presence, a Citi analyst said, noting that corporate and transactional practices were bright spots for these firms.
By Brenda Sapino Jeffreys | February 17, 2022
Revenue improved by 8.5% at homegrown Texas firms in 2021, according to a Citi Private Bank Law Firm Group survey, although average revenue was up more for the industry nationally.
The Legal Intelligencer | Analysis
By Justin Henry | February 16, 2022
"I think it's going to be a good year, but I think firms are smart to take a conservative approach to revenues and profits," one consultant said.
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