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The American Lawyer

Blank Rome Boosts Revenue 22 Percent Amid Major Growth Spurt

Blank Rome hit the accelerator in 2016, posting big revenue gains as it added more than 100 lawyers from a failing firm and lured lateral hires from several competitors.
40 minute read

New Jersey Law Journal

McElroy Revenue Inches Up 0.4 Percent, PPP Climbs 11.2 Percent

McElroy, Deutsch, Mulvaney & Carpenter saw revenue and attorney population stay essentially flat in fiscal 2016, though fewer equity partners meant a jump in profits per equity partner.
28 minute read

The Legal Intelligencer

Soft Demand Drags Pa. Law Firms Back Down to Earth

Big law firms based in Pennsylvania faced a reality check in 2016, as weak demand for legal services took its toll.
30 minute read

The American Lawyer

Greenberg Traurig Makes Steady Gains in 2016

The firm plans to concentrate on efficiency and profitability in 2017.
13 minute read

Corporate Counsel

What Law Firms Can Learn from The Ninth Annual Law Department Operations Survey

Over the last few years, the legal operation managers' role has flourished, growing from a profession in its infancy into an unruly teenager, far more mature but with substantial areas poised for development. Now, more than ever, law departments are focused on implementing programs and structures to improve their financial management and deliver value.
19 minute read

Daily Business Review

Akerman Reports Continued Growth in Revenue and Adds Lawyers

Akerman, one of Florida's largest law firms, added 33 lawyers to its national total last year and lifted revenues to an all-time high of $349 million.
8 minute read

The American Lawyer

The Aftershocks of Big Law's Associate Salary Hike Are Still Hitting

Last year's associate salary increases could have a big impact on law firm profitability. Middle-tier firms may be especially vulnerable—unless they act quickly.
22 minute read

The American Lawyer

Nixon Peabody's Profit Pie Continues to Grow

While gross revenue remained flat at Nixon Peabody in 2016, profits per partner and revenue per lawyer continued to grow at the firm, which has its roots in Boston and Rochester, New York.
27 minute read

The Recorder

Resolution of Key Matters Causes Profit Dip at Munger Tolles

The Los Angeles-based firm saw declines in several key financial metrics in 2016, as gross revenue, partner profits and revenue per lawyer fell for the second straight year. Despite some big name lateral hires, Munger, Tolles & Olson's head count also slipped below 200.
18 minute read

The American Lawyer

Bryan Cave's Revenue Dips Again, But PPP and RPL Rise

The Am Law 100 firm, having entertained a number of potential mergers in recent years, saw its gross revenue slip for the third year in a row in 2016. But Bryan Cave's other financial metrics were up.
43 minute read

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