Editor's Picks

Partner Compensation By the Numbers

By Katelyn Polantz |

Spreads, draws, hottest practice areas and more: A dive into the latest data on partner pay.

Changing Compensation Strategies Put Partners Under Pressure

By Nell Gluckman |

More and more firms are tweaking partner pay systems to reward top performers. The potential rewards are greater than ever—but so is the risk of losing ground.

Popeyes.

Deal Watch: Paul Weiss Picks Up Popeyes Takeover Work

By Meghan Tribe |

A week after falling short on a $143 billion takeover bid for London-based Unilever plc, Scott Barshay and Paul, Weiss, Rifkind, Wharton & Garrison helped the "Home of the Whopper" add a new a resident from Louisiana.

Goodwin Procter Nears $1B Revenue Mark as Partner Profits Stay Flat

By Meghan Tribe |

Gross revenue at Goodwin Procter hit $912 million, but revenue per lawyer and profits per partner dipped slightly amid rising head count.

Douglas Clark of Wilson Sonsini.

Revenue Up, Profits Down at Wilson Sonsini

By Rebecca Cohen |

The firm's gross revenue ticked up 2.7 percent, but revenue per lawyer and profits per partner both declined during what managing partner Doug Clark calls "a year when we invested in the business."

Jay Edelson

Law Firm Dodges Class Claims in First-of-Its-Kind Data Security Case

By Roy Strom |

A federal judge ruled that claims against Chicago-based Johnson & Bell for allegedly failing to protect client information must proceed individually in arbitration, not lumped together as a class.

Reed Smith Revenue Down 4.3 Percent, PPP Up 0.5 Percent

By Lizzy McLellan |

In what firm leadership called a "solid" 2016, Reed Smith held profits per equity partner and revenue per lawyer steady amid declines in head count and overall revenue.

Hogan Lovells offices at 555 13th Street, NW in Washington, D.C. October 25, 2016.

Hogan Lovells Boosts Revenue 6 Percent While Profits Remain Flat

By Katelyn Polantz |

The international verein felt the impact of Brexit and D.C.'s shifting regulatory tradewinds, while reaping the benefit of some strong deal work.

Big Deals

By Meghan Tribe |

Big Suits

By Celia Ampel, Scott Flaherty, Jenna Greene, Tom McParland, Meghan Tribe |

The Samuel Beckett of Cravath

By Vivia Chen, The Careerist |

Remember Alan Hruska, the former Cravath, Swaine & Moore partner turned playwright, novelist and filmmaker? Recently, the 83-year-old former litigator opened his play "Ring Twice for Miranda" at City Center in New York, a highly prestigious off-Broadway venue.

Polsinelli Saw Strong Revenue Growth in 2016, But Partner Profits Dropped With Addition of 44 Lawyers

By Scott Flaherty |

Polsinelli's revenue grew, but profits per partner dropped as a result of a mass hire from IP boutique Novak Druce.

Sidley Austin offices in Washington, D.C.

Sidley Austin Fraud Suit Heads to Arbitration

By Roy Strom |

Plaintiff Carrie Birkel claims Washington, D.C.-based Sidley partner Edward McNicholas lured her into a bogus investment after she won $10 million in a divorce.

Bill Voge of Latham & Watkins

Latham Has Another Outstanding Year, With Revenue Surpassing $2.8B

By Chris Johnson |

Latham & Watkins increased its gross revenue in 2016 for a seventh consecutive year.

Brownstein Hyatt Farber Schreck and Simpson Thacher & Bartlett are fighting over space on the 11th floor of 1155 F St.

Brownstein, Looking to Grow in D.C., Sues Simpson Thacher, JAMS Over Real Estate

By Katelyn Polantz |

As it seeks extra space for its downtown Washington, D.C., office, Brownstein Hyatt Farber Schreck is suing Simpson Thacher & Bartlett, its landlord, and the arbitration company JAMS Inc., a new tenant, over a subleased part of its building at 1155 F St. NW.

Clifford Chance Uses Lockstep 'Super Points' to Reward Top Performers as Offices Face Profit Share Cuts

By Anna Ward |

Clifford Chance (CC) has broken its core lockstep in London and New York to use the ‘super-point’ tier reserved to reward star performers, with the news emerging as the firm considers placing some of its international offices on a lower rung of its lockstep to boost profitability.

Rear view of businessman standing and looking on top of the labyrinth wall with sea and cloudy sky background. He is searching for the right way. Digitally generated image.

‘Soft Skills’ Can Be Integral to Managing Technology Adoption for Law Firms

By Ian Lopez |

The changing workplace is always an obstacle, so law firm technologists offer their tips on managing user adoption.

Reversing Profit Decline, Covington Posts Double-Digit Growth

By Katelyn Polantz |

In 2016, Covington & Burling raised billing rates to match its competitors and reaped rewards from a long-term strategy.

Heather Gerken

Meet Heather Gerken, Yale's First Woman Law Dean

By Karen Sloan |

We caught up with the federalism and election law expert to discuss her new gig, the challenges that await, and her hobby as an amateur novelist.

Mark Sloan.

Thompson & Knight Posts Gains in Revenue and Income

By Brenda Sapino Jeffreys |

Following a strong 2015, gross revenue improved by 2.9 percent at Dallas-based Thompson & Knight in 2016, and net income increased by 3.5 percent compared with the prior year.

Betsy Miller (left) and Victoria Nugent

Betsy Miller and Victoria Nugent to lead Cohen Milstein's Public Client Practice

By Scott Flaherty |

Miller and Nugent will co-chair Cohen Milstein's public client practice, which focuses on representing state attorneys general and other government entities in litigation and investigations.

Andrew Humphrey, Faegre Baker Daniels’ managing partner.

Steady Growth for Faegre Baker as Leadership Change Looms

By Scott Flaherty |

The firm posted a 5 percent increase in gross revenue and a solid 7.5 percent bump in profits per equity partner in 2016.

Allen & Overy’s Washington, D.C. offices.

Allen & Overy Continues US Hiring Spree With 3-Partner Paul Hastings Finance Team

By Chris Johnson |

Allen & Overy has continued its U.S. hiring spree with the recruitment of a three-partner finance and securities team from Paul Hastings, including former leveraged finance head Bill Schwitter.

Drinker Biddle & Reath offices in Washington, D.C. June 25, 2014. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.

Drinker Biddle Grows Revenue, PPP 6 Percent

By Lizzy McLellan |

Two years into new leadership, Drinker Biddle & Reath saw a second year of increases in revenue and profits per equity partner (PPP) in 2016.

Carter Phillips of Sidley Austin.

Sidley Keeps Revenue, Profits Rising Despite Tougher Market

By Rebecca Cohen |

The firm's growth didn't quite match recent years, but its leaders say they're not complaining.

8/08- Creighton Condon, Shearman & Sterling's senior partner

Shearman & Sterling Sees Revenue Rise and Partner Profits Spike

By Christine Simmons |

Equity partner profits jumped by nearly 20 percent last year, as the firm posted revenue growth across several practices while also cutting back its equity partner ranks.

Domino Effect: NY's Financial Cybersecurity Regulation Reaches Beyond Borders, Industries

By Rhys Dipshan |

The regulation requires any company doing business with a "covered entity" to have robust information security processes and procedures.

Dan Binstock of Garrison & Sisson.

Is Your Firm Guilty of Playing Lateral Partner Bingo?

By Dan Binstock |

In selling their firm to lateral candidates, firm leaders are often using the same pitches as their competitors. Recruiter Dan Binstock offers advice on differentiation.

Andrew Olmem.

Two Venable Partners, Including Outspoken Dodd-Frank Critic, Join Trump Team

By C. Ryan Barber |

Two Venable partners, including a former lead Republican negotiator on the post-crisis Dodd-Frank financial reforms who has called the Obama-era regulations "heavy-handed," have joined President Donald Trump's administration. Andrew Olmem, who worked on the Dodd-Frank reforms, will serve at the White House National Economic Council, and Daris Meeks was named director of domestic policy for Vice President Mike Pence.

Neel Chatterjee.

Star IP Litigator Jumps From Orrick to Goodwin

By Meghan Tribe |

Longtime Orrick, Herrington & Sutcliffe intellectual property partner Neel Chatterjee is joining Goodwin Procter's litigation department and intellectual property practice in its Silicon Valley office.