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June 01, 1999 | Law.com

The Gamble on Contingency Cases

Mark Lipowicz persuaded senior partners at Philadelphia's Duane, Morris & Heckscher to join the stampede of state tobacco cases, as co-counsel to the state of Pennsylvania, on contingency. The assignment was atypical for Duane, Morris, a general practice firm that had grown up on the backs of local banks, manufacturers, and insurers. In the end, Duane, Morris didn't have to bet the ranch. As part of the $206 billion tobacco settlement announced last year, the firm will pocket $25 million.
16 minute read
August 22, 2008 | New Jersey Law Journal

Duane Morris Cuts Marketing, Business Development Staff

Duane Morris, an international law firm with Philadelphia roots, has cut about 18 percent of its marketing and business development staff, making staff reductions that echo moves at other firms in recent months.
3 minute read
October 13, 2005 | Law.com

Are Other Mergers on Horizon for Duane Morris?

Duane Morris, which has made no secret about its ambitions to grow aggressively into a national firm, took a big step forward Wednesday when it announced its merger with San Francisco-based Hancock Rothert & Bunshoft, which will be effective Jan. 1. And, in what may come as a surprise to some, the firm's leader said there might be more mergers to follow.
6 minute read
March 02, 2006 | National Law Journal

Duane Morris Revenue and PPP Up Sharply in 2005

Duane Morris reported a 9.8 percent increase in revenue for 2005, and an increase in profits per equity partner by more than 18 percent, according to newly released financial data. Firm Chairman Sheldon Bonovitz predicted the number of attorneys will increase through a merger within the next few years -- most likely in New York, Chicago or D.C. -- with an eye toward having the 600-attorney firm hit the 1,000-lawyer mark.
5 minute read
September 21, 2009 | The Legal Intelligencer

Duane Morris Taps Industry Vet for CMO Position

Duane Morris wasted little time in filling its CMO position, which became vacant in May.
5 minute read
October 06, 2005 | The Legal Intelligencer

Duane Morris Rumored to be Acquiring San Fran Firm

Duane Morris chairman Sheldon Bonovitz declined to comment yesterday on reports from The Legal's sister paper, The Recorder, that his firm is set to acquire Hancock Rothert & Bunshoft, a 75-lawyer San Francisco firm best known for its insurance coverage practice.
5 minute read
May 21, 2013 | Law.com

Singapore's Virtus Law Adds Partner

Virtus Law, Stephenson Harwood's associated Singapore firm, has hired a new partner. Colin Jarraw, who was a director at Duane Morris & Selvam, the Singapore joint law venture between Philadelphia's Duane Morris and local firm Selvam, will develop an offshore finance and shipping practice at Virtus.
1 minute read
February 01, 2008 | Daily Report Online

Coughlin Stoia targets Atlanta for IP litigation hub

Class action king William S. Lerach's former firm is launching an Atlanta office with two partners from Duane Morris-intellectual property litigators John C. Herman and Ryan K. Walsh.The move to Coughlin Stoia Geller Rudman Robbins-a plaintiffs' class action powerhouse with about 200 lawyers-catapults Herman and Walsh from the defense side of law to the plaintiffs' side.
6 minute read
November 05, 2009 | Daily Business Review

Ex-DLA, Duane Morris partner facing forgery trial

Rudy Lim is accused of forging a payroll statement to show that his monthly draw at DLA was $65,000 instead of $25,000, which would boost his annual compensation from $300,000 at DLA to $780,000 at Duane Morris.
2 minute read
April 18, 2008 | National Law Journal

Duane Morris Grows Revenue 11.4 Percent, PPP Reaches $800K

Duane Morris was looking and thinking nationally in 2007 with a strategy that focused less locally and more on high-end markets. And firm leaders feel its most recent profits per equity partner figure proves the strategy is working. The firm's gross revenue grew by 11.4 percent from $336.6 million in 2006 to $375 million in 2007. Revenue per lawyer increased by 7 percent from $600,000 to $642,000. The average compensation per all partners grew by 6.2 percent from $501,000 to $532,000.
7 minute read

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