By Jack Newsham | March 11, 2020
A resurgence in leveraged finance work, plus the lawyers' "blood, sweat and collections," helped push Cahill's profits per partner past $3.8 million last year, said the firm's chairman.
By Patrick Smith | March 11, 2020
The firm's growth slowed last year after a particularly strong 2018.
By Jack Newsham | March 10, 2020
More firm lawyers than ever worked on Puerto Rico's reorganization, while Proskauer's London office revenue increased by 18.5%.
By Meredith Hobbs | March 10, 2020
The increase in profits per partner—which came as the firm increased its nonequity partner ranks—pushed the firm back over the $1 million mark.
By Brenda Sapino Jeffreys | March 9, 2020
Demand at the Texas firm increased substantially during the second half of the year, but couldn't fully make up for a slow start.
By Samantha Stokes | March 9, 2020
After a rare contingency case added $22 million to the firm's bottom line in 2018, CEO and managing partner Andrew Glincher says the firm's financial performance in 2019 actually exceeded expectations.
By David Gialanella | March 9, 2020
Years into what leaders call a process to emphasize the business aspects of operating a law firm, McCarter & English posted year-over-year declines in gross revenue and attorney head count, while improving in revenue per lawyer and profitability metrics.
By Patrick Smith | March 6, 2020
The firm posted double-digit revenue gains as its fast-growing equity tier surpassed $2 million in profits per partner.
By Jack Newsham | March 5, 2020
Total hours billed by lawyers fell about 3.8%, but the firm's pullback in Central Europe and its growth in higher-rate markets meant more revenue could be derived from a similar number of hours, the firm's leader said.
The Legal Intelligencer | News
By Lizzy McLellan | March 5, 2020
The firm reversed a gross revenue slide and boosted profits per equity partner 13.6% as it prepared for a transformational merger with Troutman Sanders.
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