National Law Journal | Analysis
By Abigail Adcox | February 12, 2024
"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
National Law Journal | Analysis
By Abigail Adcox | February 12, 2024
D.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 Dan Roe | February 12, 2024
The Am Law 50 finished the fourth quarter with nearly 8% more fees worked than Q4 2022 despite a decline in demand, according to a new Thomson Reuters report.
The American Lawyer | Analysis
By Justin Henry | February 9, 2024
After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.
By Thomas Spigolon | February 8, 2024
The Atlanta firm decreased its equity partner tier by 7.6% to 106 partners, while its nonequity partner ranks expanded by 6% to 146.
By Thomas Spigolon | February 8, 2024
Firms have shifted their leverage models, helping to bump up profits per equity partner for a second year, said Wells Fargo.
National Law Journal | Analysis
By Abigail Adcox | February 8, 2024
"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 | February 8, 2024
In average revenue growth, D.C. firms exceeded peers in New York City, California, Texas, Florida, Chicago, Philadelphia and Atlanta, according to Wells Fargo data.
By Amanda O'Brien | February 7, 2024
"I don't want to sound pessimistic, but the time of the smaller insurance defense shop is probably going away," said Weber Gallagher chairman Andrew Indeck.
National Law Journal | Analysis
By Abigail Adcox | February 6, 2024
The environment for counsel on government-facing issues was "quite strong" last year, driving demand across the firm's litigation, transaction and regulatory practices, said chairman Richard Alexander.
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