Cahill Gordon & Reindel report that in 2009 the firm saw increases in revenue and profits. Gross revenue increased more than 9%, rising from $247 million to $269.5 million. Revenue per lawyer increased almost 6%, from $932,000 to $987,000; and profits per equity partner increased 19%, from $2.1 million to $2.5 million. Founded in 1919, Cahill [...]
Continue reading...Wednesday, February 24, 2010
2009 looks a lot like 2008 at Arent Fox where revenue fell slightly to $216.5 million from the previous year’s $222.5 million. Profits per partner came in at $800,000, the same as in 2008, and revenue per lawyer was $690,000, a slight drop from 2008. The firm finished the year with the same number of partners [...]
Continue reading...Friday, February 12, 2010
Miami based attorney Peter Prieto, the chairman of Holland & Knight’s national litigation section, has left the firm for boutique litigation firm Podhurst Orseck. Prieto becomes the 13th lawyer at the firm and the first lateral partner hire in 28 years. Prieto was with Holland & Knight for 16 years. He began his courtroom career as [...]
Continue reading...Monday, November 30, 2009
Nelson Mullins, already the largest firm in South Carolina, is opening its 12th office this week in Huntington, West Virginia. Three prominent West Virgina litigators, Marc Williams, Robert Massie and Melissa Foster Bird, will be joining the firms as partners and kicking off the West Virginia office. Litigation represents a little over half [...]
Continue reading...Tuesday, August 18, 2009
Nashville, Tennessee’s Bass, Berry & Sims has announced the completion of its first associate litigation training program, culminating in full-scale mock jury trials at Vanderbilt University Law School. The six-month program was designed to provide associates with direct litigation, trial advocacy, and jury persuasion experience. The goal of the training is to prepare associates to become [...]
Continue reading...Tuesday, June 23, 2009
Document review and research services provider American Discovery is expanding its Insurance Litigation Practice Area, hiring an additional 100 attorneys for its review offices in the US and the Philippines The firm will provide dedicated legal teams to support insurance companies in litigation matters. The firm claims it can reduce legal fees for companies by 80%. American [...]
Continue reading...Friday, May 8, 2009
Simmons & Simmons plans to use external lawyers for litigation and corporate due diligence work. The firm seeks to outsource legal work to qualified lawyers, unlike other firms that outsource to paralegals in India. The firm has already contacted several outsourcing agencies, and hopes to ramp up the new initiative in the next three years. It is unclear [...]
Continue reading...Tuesday, March 31, 2009
Skadden, which on Friday laid off an undisclosed number of staff attorneys and 50 support staffers, is introducing a litigation program for its incoming class. From the memo: … To address this issue, the relative underutilization of first year corporate associates, and with the firm belief that first year legal work should serve to set the groundwork [...]
Continue reading...Sunday, March 8, 2009
Am Law 100 firm Kirkland & Ellis saw an increase in revenue and flat profits per partner in the 2008 fiscal year. Revenue rose 7% to $1.4 billion, and profit per partner was flat at $2.47 million. Revenue per lawyer fell 3% to $1.05 million. Business for the firm’s large private equity group was down, but that [...]
Continue reading...Monday, February 23, 2009
Maslon Edelman Borman & Brand has cut five administrative positions. There is no further information available about these layoffs. If you have any inside info you’d like to share, please send us a confidential tip. You’ll be glad you did! Founded in 1956, the Minneapolis, Minnesota-based firm employs more than 80 lawyers. The firm specializes in business [...]
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Friday, February 26, 2010
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