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The American Lawyer

Nixon Peabody Hired 100 Attorneys in 2022, Investing in Talent Amid Sustained Demand

The 572-lawyer firm hired 16 lateral partners and replenished its associate ranks in a year when gross revenue rose 4%.
3 minute read

New Jersey Law Journal

Partner Dispute: Lawsuit Exposes Fight Taking Place at This New Jersey Law Firm

One partner claimed he was abruptly fired.
4 minute read

The American Lawyer

Following a Record Year in 2021, Cadwalader Sees Double-Digit Declines as Market Cools

Gross revenue fell 10.5% in 2022 after rising 34.5% in 2021 as demand for structured products work plummeted in the second half of the year.
4 minute read

The American Lawyer

Boosting Head Count and Profitability, O'Melveny & Myers Became a $1 Billion Firm in 2022

The global law firm increased gross revenue by 12.4% and head count by 10.7% without reducing RPL or PEP.
6 minute read

Daily Report Online

Ogletree Deakins Grows Revenue 2.7%, While Investments Prompt Profit Dip

"We had a very good second half of last year. We're off to a very strong start this year, so we feel like we're well positioned in the market," said Ogletree Deakins managing shareholder Matt Keen.
4 minute read

National Law Journal

'This Shouldn't be a Feeding Frenzy Among Sharks,' Attorney Says in Equifax Attorney Fees Feud

Sanford Heisler Sharp has sued 3 firms appointed to co-lead counsel in the Equifax MDL, which was settled in 2019, over attorney fees distribution.
3 minute read

The American Lawyer

Amid Rising Costs and Rate Hikes, Baker & Hostetler Posted Revenue Gain But Lower Profits in 2022

The Cleveland-founded Am Law 100 firm surpassed $900 million in gross revenue last year but saw net income fall 5.8%.
5 minute read

International Edition

Big Money For Lawyers, But Still a Question Mark for Consumers: Are UK Class Actions Really Working?

The Competition Appeal Tribunal has gone from being a backwater to being a major centre for modern disputes, hearing cases that could generate billions in legal fees. But an in-depth analysis by Law.com International has found many are unhappy with the new world, saying the ultimate beneficiaries are not the claimants.
12 minute read

The American Lawyer

Law Firms Boost Fixed and Contingency Fees Amid Uncertain Economy

Several law firm leaders said they're getting more revenue from alternative fee arrangements or ramping up their ability to put them together.
5 minute read

The American Lawyer

Adams and Reese Posts Positive Numbers in Busy Southeast Market

Revenue for the New Orleans-founded firm grew by 6% to $137.8 million, while profits per equity partner also rose in 2022.
4 minute read

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