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The American Lawyer

Schulte Rides Private Capital Matters to 7% Revenue Growth as PEP Dips Amid Firm Investments

As the firm's equity-only partnership expanded 13% to 78 partners last year, the firm's profits per partner dipped 7.7% to $3.34 million,
5 minute read

The American Lawyer

Revenue Rises Again at Sheppard Mullin, Along With Demand in Countercyclical Practices

Marking 32 years straight of higher revenue, rising 6.5% in 2023, Sheppard, Mullin, Richter & Hampton also saw even healthier increases in net income and profits per equity partner.
5 minute read

The American Lawyer

Despite Industry Declines in Real Estate, Seyfarth Grew Revenue, Net Income by 3%

While Seyfarth's head count decreased last year, the firm is looking for growth in its major markets and "actively exploring" the South Florida market, the firm's leader said.
3 minute read

Daily Report Online

After Mass Exodus, FisherBroyles Charts Plan for Rapid Growth

After revenue and profits grew in 2023, the firm wants to reach a goal to add enough new partners to exceed last year's head count of almost 300 lawyers, despite the mass exit in early 2024.
8 minute read

The Legal Intelligencer

Welcoming New Chair, Ballard Spahr Boasts Steady Revenue Alongside PEP Dip

"We outperformed in M&A," said Peter Michaud. "We have done that historically, where when the market sees a downturn in M&A, we'll still do well."
6 minute read

National Law Journal

Miles & Stockbridge Sees Revenue and Profits Rise as Partnership Contracts

CEO Nancy Greene said the firm is looking at expansion possibilities, including in Wilmington and New York.
4 minute read

The Recorder

Regional West Coast Firms See Modest Gross Revenue Increases, as Equity Partner Tiers Contract

Hanson Bridgett, Stoel Rives and Procopio all had gross revenue or profit increases last year, while declines in their equity partnerships helped to boost PEP.
6 minute read

The American Lawyer

Winston, Seeing Strength in 'Big Litigation' and Miami Practices, Sets Firm Revenue and Profits Records

Winston has plenty of matters billed on a fixed fee basis or have "tremendous nuance" in billing, said Tom Fitzgerald, while the firm increased billing rates by roughly 7% or 8% overall.
4 minute read

The American Lawyer

Latham & Watkins Grows Bonus Pool With 15% of Profits, as Firms Seek Flexibility to Reward Top Earners

While Latham has been gradually expanding its bonus pool, other firms have reallocated the value of share points to reach similar ends.
5 minute read

The American Lawyer

Diversity of Practices Helped Foley Grow Revenue by 8.1%, Profits Per Equity Partner by 11.5%

The firm posted higher revenue and profits, even as its lawyer head count was steady in 2023.
5 minute read

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