By Sarah Tincher-Numbers | March 2, 2023
Despite a slowdown in M&A and "disappointing" performance in restructuring and workouts, the firm's leader said strong performance in middle market PE and health care helped to make up for the losses.
The Legal Intelligencer | Analysis
By Justin Henry | March 2, 2023
Leaders have also sought to economy-proof the firm by developing niche practices and affiliate companies that clients can't find at competitors.
By Alexander Lugo | March 1, 2023
"It was a good year from a growth standpoint, a revenue standpoint and a profitability standpoint. But it was not 2021," said Greenberg Traurig CEO Brian Duffy.
The American Lawyer | Analysis
By Andrew Maloney | March 1, 2023
The number of law firms with a growing equity partnership—and some of the sharp gains in these equity ranks—stand out in an environment of slower demand.
The American Lawyer | Analysis
By Justin Henry | March 1, 2023
In-demand areas of legal representation and efficiencies derived from investments in business functions put the firm in a fortuitous financial position heading into the current year.
By Andrew Maloney | March 1, 2023
Seyfarth grew its equity tier by nearly 7%, as its profits per partner inched down by about 1%.
The American Lawyer | Analysis
By Justin Henry | February 28, 2023
While some of the firm's corporate and transactional practices softened in 2022, leaders said that change highlighted the importance of maintaining a roughly 50/50 balance between litigation and corporate work.
By Dan Roe | February 28, 2023
The Cleveland-founded Am Law 100 firm surpassed $900 million in gross revenue last year but saw net income fall 5.8%.
By Ross Todd | February 28, 2023
Among the early financial returns being reported by our colleagues at The American Lawyer, litigation practices play prominent roles at firms reporting solid years in 2022.
By Patrick Smith | February 27, 2023
In an internal memo, the firm cited "macroeconomic conditions" as well as "increased expenses" that surpass the rate of revenue growth this year.
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