Firm Profiles
IN-DEPTH RESEARCH REPORT
on Drinker Biddle & Reath LLP
- - Financial Information
- - Compensation
- - Billing Rates
- - Lateral Partner Moves
- - Pro bono
- - Key Contacts
Drinker Biddle & Reath
- Designation: Philadelphia
- Head Count: 572
- Gross Revenues: $392,000,000
- Revenue Per Lawyer: $685,000
- Profits Per Partner: $715,000
- Year Over Year Change: no change
While this Philadelphia–based firm goes a long way back—to 1849, to be precise—it is a relatively new entrant on The Am Law 100, making its first appearance in 2003. Fueling the firm’s growth is a series of mergers in recent years. The most significant of these was the firm’s 2007 union with Chicago’s Gardner Carton & Douglas, which gave Drinker a stronger presence in the Midwest (it now has 11 offices in the region) and added expertise in health law, employee benefits and executive compensation, hedge funds, and government and regulatory affairs, among other areas.
By some key metrics, however, Drinker, which numbers some 600 lawyers, still ranks well outside the top 100 firms. Diversity (150th place on The American Lawyer’s 2011 ranking), pro bono work (112th of 200 firms in 2011), and associate satisfaction (115th of 126 firms on our 2011 Midlevel Associates Survey) are areas ripe for improvement.
Still, there is one place where Drinker has stood out from the crowd. While other firms were deferring first–year associate start dates during the economic downturn, Drinker came up with an innovative training program, in which associates would start in the fall, as always, but spend their first months largely in a classroom setting learning the ropes from partners and other instructors. They wouldn’t be expected to bill work during that time, and in effect, the cost of training was passed from clients to the firm (no small thing for either party during a recession). The program was such a hit that Drinker continues it to this day.
Drinker has a sizable presence in the nation’s capital—with 97 lawyers, it was the forty–eighth largest D.C. office in 2011. But it is the New York office that has the most compelling—and heart–stopping—back story. It was based on the eighty–ninth floor of One World Trade Center on September 11, 2001. After a tense 14 hours, all lawyers and staff were accounted for and safe.
—Updated as of 1/1/12
Firm Rankings
| Survey | Rank | Year Over Year Change | Description |
|---|---|---|---|
| Am Law 100 | 74 | no change | Gross revenue |
| Am Law 200 | 74 | no change | Gross revenue |
| NLJ 250 | 70 | 6 | Lawyer head count |
| The A-List | NR | N/A | Overall excellence |
| Pro Bono Scorecard | 112 | 2 | Pro-bono commitment |
| Diversity Scorecard | 158 | 8 | Minority head count |
| Midlevel Associates Survey | 115 | 28 | Job satisfaction |
| Summer Associates Survey | 24 | 3 | Summer programs |
In the News
Harrisburg SEC Case Serves as a Cautionary Tale for Cities
Gina Passarella : The Legal Intelligencer : May 10, 2013
Municipalities aren't the sophisticated issuers of securities their corporate counterparts may be, but that doesn't give them a pass under the law.
Law Firms Looking Closer at Pricing Analysis
Gina Passarella : The Legal Intelligencer : May 10, 2013
After a few years of collecting financial data and applying project management techniques to the legal process, law firms are beginning to dedicate resources to pricing analysis.
Firms Begin to Eye Pricing Analysis
Gina Passarella : The Legal Intelligencer : May 7, 2013
After a few years of collecting financial data and applying project management techniques to the legal process, law firms are beginning to dedicate resources to pricing analysis.
Firms Begin to Eye Pricing Analysis
Gina Passarella : The Legal Intelligencer : May 6, 2013
After a few years of collecting financial data and applying project management techniques to the legal process, law firms are beginning to dedicate resources to pricing analysis.
MOVERS
: The National Law Journal : May 6, 2013
Jeffrey Held joins Day Pitney's real estate, environmental and land use department as partner in the New York office. Plus more law firm movers in this week's column.
MOVERS
: The National Law Journal : May 1, 2013
Michael Faber joins Cooley's national tax practice in the New York office. Plus more law firm movers in this week's column.
Pa. Am Law 100 Firms Surpass National Revenue Growth
Gina Passarella : The Legal Intelligencer : April 29, 2013
Eight Pennsylvania-based law firms earned a spot on The American Lawyer's Am Law 100 ranking and, combined, managed to grow revenue at a slightly higher clip than their national counterparts.
Earnings Plateau, Profits Dip at Top N.J. Firms
Ronald J. Fleury : New Jersey Law Journal : April 26, 2013
New Jersey's Top 20 bellwether firms retrenched a bit in 2012 from what had been a steady pattern of energetic rebound from the 2008-09 recession.
The 2013 New Jersey Top 20
: New Jersey Law Journal : April 26, 2013
The 2013 New Jersey Top 20 law firms.
- Anderson Kill & Olick
- Arent Fox
- Arthur Cox
- Baker & McKenzie
- Chadbourne & Parke
- Cleary Gottlieb Steen & Hamilton
- Clifford Chance
- Cooley
- Covington & Burling
- Cravath, Swaine & Moore
- Davis Polk & Wardwell
- Dewey & LeBoeuf
- Dickstein Shapiro
- DLA Piper
- Duane Morris
- Eversheds
- Fish & Richardson
- Fried, Frank, Harris, Shriver & Jacobson
- Gunderson Dettmer Stough Villeneuve Franklin & Hachigian
- Heller Ehrman
- Howrey
- Irwin Mitchell
- Jenner & Block
- Kasowitz, Benson, Torres & Friedman
- Kirkland & Ellis
- Latham & Watkins
- Linklaters
- Mallesons Stephen Jaques
- Morgan, Lewis & Bockius
- Orrick, Herrington & Sutcliffe
- Paul, Hastings, Janofsky & Walker
- Perkins Coie
- Proskauer Rose
- Reed Smith
- Ropes & Gray
- Shearman & Sterling
- Sheppard, Mullin, Richter & Hampton
- Simpson Thacher & Bartlett
- Skadden, Arps, Slate, Meagher & Flom
- Slaughter and May
- Sonnenschein Nath & Rosenthal
- Sullivan & Cromwell
- Vinson & Elkins
- Weil, Gotshal & Manges
- Wilmer Cutler Pickering Hale and Dorr
