Firm Profiles
IN-DEPTH RESEARCH REPORT
on Locke Lord
- - Financial Information
- - Compensation
- - Billing Rates
- - Lateral Partner Moves
- - Pro bono
- - Key Contacts
Locke Lord
- Designation: Dallas
- Head Count: 516
- Gross Revenues: $428,500,000
- Revenue Per Lawyer: $830,000
- Profits Per Partner: $1,065,000
- Year Over Year Change: no change
The October 2007 merger between Dallas–based Locke, Liddell & Sapp and Chicago’s Lord, Bissell & Brook didn’t just create a legal powerhouse with hundreds of millions of dollars in annual revenue, it also created one tongue–twister of a name. Four years later, the firm would do something about that, changing Locke, Lord, Bissell & Liddell to, simply, Locke Lord. No doubt this was a relief to the firm’s receptionists. But its name isn’t the only thing Locke Lord has tweaked.
Recent years have seen Locke Lord embrace an ambitious growth strategy. In 2010 it opened a San Francisco office and expanded its New York office, both moves designed to grow the firm’s intellectual property practice (a full–service firm, Locke Lord handles transactional, regulatory, and litigation assignments, with energy, insurance, and real estate among its core practice areas). In 2011 the firm set its sights on Asia, opening an office in Hong Kong. In early 2012 it put down stakes in London, boosted by the addition of seven partners from the European megafirm Salans. The London office is Locke Lord’s first in Europe (its 11 other offices are located within the United States).
What hasn’t gotten a boost, however, is the firm’s pro bono commitment: Locke Lord placed 141st (of 200 firms) on The American Lawyer’s 2011 Pro Bono Report, with attorneys compiling an average annual workload of just 23 hours. Nor is the firm a chart–topper in diversity: Minorities composed less than 10 percent of Locke Lord’s U.S.based attorneys, and just 6 percent of its partnership, in 2011—figures that placed it 131st of 194 firms the magazine surveyed. Junior lawyers have seen some of their perks dry up, too: To cut costs during the recession, Locke Lord stopped paying for associates’ parking.
—Updated as of 1/1/12
Firm Rankings
| Survey | Rank | Year Over Year Change | Description |
|---|---|---|---|
| Am Law 100 | 69 | no change | Gross revenue |
| Am Law 200 | 69 | no change | Gross revenue |
| NLJ 250 | 74 | 2 | Lawyer head count |
| The A-List | NR | N/A | Overall excellence |
| Pro Bono Scorecard | 141 | 12 | Pro-bono commitment |
| Diversity Scorecard | 95 | 36 | Minority head count |
| Midlevel Associates Survey | NR | N/A | Job satisfaction |
| Summer Associates Survey | 71 | 3 | Summer programs |
In the News
Seyfarth Shaw
: Daily Report : April 5, 2013
Morris Manning
: Daily Report : April 5, 2013
Locke Lord
: Daily Report : April 5, 2013
Justices Agree to Take Up Case on Forum Shopping
Marcia Coyle : The National Law Journal : April 3, 2013
The U.S. Supreme Court on Monday agreed to resolve whether federal courts must enforce agreements between businesses on where to battle out their disputes.
D.C. MOVES
: The National Law Journal : April 1, 2013
Newsmakers
: Texas Lawyer : April 1, 2013
Justices to take up forum-shopping case
Marcia Coyle : The National Law Journal : April 1, 2013
The U.S. Supreme Court on Monday agreed to resolve whether federal courts must enforce agreements between businesses on where to battle out their disputes.
Banks Topple Antitrust Claims in Private LIBOR Suits
David Bario : The Litigation Daily : April 1, 2013
Deletion of Facebook page found to be spoliation of evidence
Mary Pat Gallagher : New Jersey Law Journal : April 1, 2013
A personal-injury plaintiff who deleted his Facebook account while the defendants were trying to access it has been sanctioned for spoliation.
Party's Deletion of Facebook Page Ruled Spoliation of Evidence
Mary Pat Gallagher : New Jersey Law Journal : March 29, 2013
A personal-injury plaintiff who deleted his Facebook account while the defendants were trying to access it has been sanctioned for spoliation.
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