Gross revenue at Charlotte, North Carolina Am Law 100 firm Moore & Van Allen edged up 1.5% to $164.5 million. But the addition of 25 new lawyers, including five equity…
Revenue at 400-lawyer Quinn Emanuel Urquardt Oliver & Hedges was $441.9 million in 2008, up 15% from 2007. Profits jumped 10% to $260 million last year. Profits per partner, already…
Am Law 100 firm Paul, Weiss, Rifkind, Wharton & Garrison had a solid 2008, with both revenue and profits on the rise. Gross revenue reached $692 million, up 6.3% from…
Pittsburgh’s Reed Smith reports a 10% increase in gross revenue to $980 million in 2008, on the back of significant lateral expansion. But profits per equity partner were down to…
When we wrote about seven Cadwalader, Wickersham & Taft partners walking out, we reported that America’s most elderly law firm saw profits fall 30%. But Legal Week reports that earnings…
The American Lawyer reports that America’s oldest law firm, Manhattan’s Cadwalader, Wickersham & Taft, saw its average profits per equity partner fall more than 30% in 2008. Cadwalader’s equity partners…
Above the Law quotes an unnamed source at Clifford Chance, that partners will have to actually pay the firm to keep their jobs: [A]s a Christmas “bonus” this year, partners…
At least two more law firms are considering following the lead of DLA Piper, requiring nonequity partners to buy into equity status, according to William Henderson of Indiana University law school.…
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