Patton Boggs has taken the shears to its partner ranks, asking between15 to 20 partners to either leave or accept a demotion within the firm. About half of those affected are
Law firm news by topic » Profits Per Partner
Latham & Watkins has announced that its global chair and managing partner - Robert Dell - will retire at the end of 2014, after 20 years at the helm. Dell has led the firm
Ashurst, along with those at legacy Australian firm Blake Dawson - now known as Ashurst Australia - are set to take a vote on full financial integration between theThe partners at
DLA Piper has announced that it’s Australian staff shouldn’t expect any pay rises after the region’s offices failed to reach budget targets. Australia Managing Partner
Weil Gotshal & Manges is making a mass redundancy, laying off 60 associates and 110 staffers. The firm also plans to reduce the compensation of about 10 percent of its partners (roughly 30 out of 300, with some income
Dickstein Shapiro has reportedly laid off associates this month, with the majority of New York associatesThe news of layoffs throughout the global legal industry continues.
The American Lawyer reports that leading US law firms are shrinking the proportion of equity partners relative to the number of fee-earners, and routing capital to improve profits per partner. The American Lawyer
Finnegan Henderson Farabow Garrett & Dunner has lost four partners and an of counsel, who have left the firm to launchIntellectual property law firm
Fried, Frank, Harris, Shriver & Jacobson went backwards in its 2012 financial results, with gross revenue dropping by 6.3 per centInternational law firm
Winston & Strawn has reported revenue growth of just 0.1 percent to $755 million in 2012, while profits per partner increased by 3.5 percent to $1.49 million. TheseUS law firm
K&L Gates has made the unusual move of disclosing its financial results, revealing profits per partner, debt load and other key metrics. The firm’s chairman, PeterUS law firm
DWF has reported a 23 per cent increase in revenue from £83 million to £102 million. The figures represent the firm’s 19th consecutive year of revenue growth and its third consecutive
American Lawyer has released its new rankings, with some interesting results. The top 100 firms worldwide showed an average 5.3 per cent increase in gross revenue and an average headcount increase of 3.3 per cent.
The Am Law Daily has released figures that give a snapshot of the legal services industry over the past year. The top 100 firms saw single digit growth in gross revenue, revenue per lawyer and profits per partner. For
Covington & Burling has reported a 5.1 per cent increase in total revenue, going from $581.5 million in 2010 to $611 million in 2011. Average profit per equityUS firm