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Morning Roundup

Morning Roundup

Good morning everyone! Today is Friday, September 24th. Here’s a quick look back at yesterday’s stories. Reed Smith was brought on as U.S. corporate and securities counsel for China Sun…

British Firms See Uptick in Quarterly Revenue

British Firms See Uptick in Quarterly Revenue

Quarterly revenue at Britain’s 100 biggest law firms increased by an average of 5 percent for the three-month period that ended July 31. A report by Bloomberg attributed the “modest”…

Morning Roundup

Morning Roundup

Good morning everyone! Today is Thursday, July 15th. Here’s a quick look back at yesterday’s stories. Corporate law firm Cravath, Swaine & Moore is considering adding a four-person marketing team… The…

Cravath Considers Marketing Team

Cravath Considers Marketing Team

Corporate law firm Cravath, Swaine & Moore plans to employ new tactics to help drum up business, according to a report today in The American Lawyer. The venerable New York-based…

Profits Per Partner Up 10 Percent at Allen & Overy

Profits Per Partner Up 10 Percent at Allen & Overy

Allen & Overy reported this week that its profits per partner increased 10 percent to $1.7 million for the year-period ending April 30. Additionally, the firm announced it was opening…

AM Law’s Second Hundred Also Took Hit in ’09

AM Law’s Second Hundred Also Took Hit in ’09

A closer look at the nation’s top-200 grossing law firms as compiled by The American Lawyer shows the Second Hundred top-grossing law firms stumbled in two areas in 2009 as…

Foley & Lardner Had Tough Year in ’09

Foley & Lardner Had Tough Year in ’09

The recession seems to have taken its toll on Foley & Lardner. The firm saw its gross revenue fall to $667 million last year, a decrease of 8.8 percent, and…

2009 Just Fine For Duane Morris

2009 Just Fine For Duane Morris

Most of the news was good news for Duane Morris in 2009. The firm’s gross revenue came in at $387 million, an increase from $368 million in 2008, and profits…

Revenue and Profits Increase at Cravath

Revenue and Profits Increase at Cravath

Despite the tough economic climate in 2009, Cravath, Swaine & Moore managed to increase its business, the AM Law Daily reports. Revenue at the firm rose to $569 million last…

Revenue Decreases at DLA Piper

Revenue Decreases at DLA Piper

DLA Piper reports that gross revenue declined by almost 14% in 2009 to just over a billion dollars. Revenue per lawyer and profits per partner decreased only 5%, due to…

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