By Alexander Lugo | March 10, 2023
"When you put everything into the punchbowl, it looks like a pretty good year, particularly given the investments that we think will pay off into the future," said Nelson Mullins managing partner Jim Lehman.
By Dan Roe | March 10, 2023
The 572-lawyer firm hired 16 lateral partners and replenished its associate ranks in a year when gross revenue rose 4%.
By J. Mark Santiago | March 10, 2023
Future partners will be identified, developed, and elected from the associate ranks, so they truly represent the future of the firm. Reducing the number of associates from which to choose future partners is a risky undertaking.
By Dan Packel | March 9, 2023
A combination with Hogan Lovells would have helped Shearman & Sterling return to where it stood among the largest firms in the world over two decades ago. But was that the only reason it made sense?
By Jessie Yount | March 9, 2023
The firm increased revenue 4.8% to $1.38 billion in 2022. Profits per equity partner nudged up 1.3%, as Orrick chair Mitch Zuklie said the firm had its best year ever for lateral recruits.
The Legal Intelligencer | News
By Justin Henry | Amanda O'Brien | March 9, 2023
The firm's leaders pointed to a more hesitant transactional client base in concert with 49 lawyer hires during the final quarter of 2022.
By Dan Roe | March 8, 2023
Gross revenue fell 10.5% in 2022 after rising 34.5% in 2021 as demand for structured products work plummeted in the second half of the year.
By Jessie Yount | March 8, 2023
Leaders at the litigation-heavy firm said crisis management work fostered consistent and steady financial success in 2022, second only to its record 2021 year.
By Alexander Lugo | March 8, 2023
The firm combined with Thompson & Knight in 2021 and finalized a tie up with Waller Lansden Dortch & Davis earlier this year.
The American Lawyer | Analysis
By Justin Henry | March 8, 2023
"We opened a number of new offices and a number of office buildouts. All of that added to our expenses," said managing partner Patrick Rasche.
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