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The American Lawyer

O'Melveny Re-Elects Chair, Prepares for 'Tremendous' 2024 After Revenue Dip

Gross revenue slid by 3.6% last year, but the firm started March 2024 with 20% more inventory than the previous March.
6 minute read

The American Lawyer

'Outrunning the Bear,' Cooley Posts Revenue High Amid Head Count Decline

"We did more than our share of capital markets work in the crappiest market we have seen in a long time," said Cooley chair Joe Conroy.
5 minute read

The American Lawyer

Bryan Cave Leighton Paisner, Offsetting 'Interest Rate-Challenged' Practices With Disputes, Sees Flat Year for Revenue, Profits

A strong year for litigation and disputes combined with a decent year for M&A and sluggish areas of the real estate practice, global CEO Steve Baumer said.
3 minute read

The American Lawyer

Husch Sees 10% Revenue Growth as Nonequity Tier and Head Count Expands by Double Digits

As the firm invested in laterals, the nonequity tier shot up by 11.4%. Meanwhile, average PEP fell by 3.9% to $833,000.
5 minute read

The American Lawyer

Paul Weiss, Seeing Record Year in Revenue and Profits, Plans Compensation, Partnership Changes

The growth, including crossing the $2 billion mark in revenue, comes as Paul Weiss has decided to move to a two-tier partnership and a black-box compensation system for partners, said firm chair Brad Karp.
7 minute read

Daily Report Online

Baker Donelson, Fueled by Demand and Rate Increases, Sees Revenue and Profits Climb

The Tennessee-founded firm raised profits while paying down debt from recent expansion.
5 minute read

The American Lawyer

White & Case, Reversing Revenue and Profit Slides, Rides Out Practice Growth in 2023

The firm had several outperforming practices in a year in which it saw its first leadership change in almost two decades.
5 minute read

National Law Journal

As New Client Business Expands, ArentFox Schiff Sees Revenue and Profit Spike

"Ten percent of our revenue came from brand-new clients, [which] we attribute in large part to the merger," firm managing partner Brian Waldman said.
3 minute read

Texas Lawyer

Revenue Was Flat at Locke Lord in 2023, But Profits Per Partner Inched Up in 'Solid' Year

The Dallas-founded firm's lawyer head count grew slightly, a turnaround from years of declining lawyer numbers.
5 minute read

Daily Business Review

Law Firms Have Been Giving Clients Discounts, But Those Reduced Rates Might Be Swelling Faster Than Standard Rates

Because of the large gap between standard and agreed rates, some firms have been able to raise rates for clients quietly. Now, there's seemingly pushback.
5 minute read

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