IN-DEPTH RESEARCH REPORT
on Mayer Brown LLP
- - Financial Information
- - Compensation
- - Billing Rates
- - Lateral Partner Moves
- - Pro bono
- - Key Contacts
- Designation: International
- Head Count: 1,457
- Gross Revenues: $1,091,500,000
- Revenue Per Lawyer: $750,000
- Profits Per Partner: $1,150,000
- Year Over Year Change: 2
Today’s Mayer Brown is the progeny of three firms, on three continents, that came together during the first decade of the 2000s. In 2002 Chicago–based Mayer, Brown & Platt merged with the English firm Rowe & Maw—a combination that merged, in turn, with Hong Kong-based Johnson Stokes & Master (JSM) in 2008. Together the firms, all with roots that go back to the nineteenth century, created an industry giant.
While Mayer Brown’s roughly 1,600 lawyers are based in 20 offices, about half are in the U.S. with Chicago, its biggest. The legacy–JSM outposts remain strong in Asia, with offices in Bangkok, Beijing, Guangzhou, Hanoi, Ho Chi Minh City, Hong Kong, and Shanghai. A Singapore office that opened in September 2011 is the most recent addition, and has a practice focused on energy and project finance, as well as international arbitration.
As one would expect from a firm of Mayer Brown’s size and reach, its practice covers virtually all legal disciplines, including banking, bankruptcy, international trade, employment law, environmental law, intellectual property, real estate, and tax. Mayer Brown’s litigation practice—which contributes about 30 percent of the firm’s revenue—earned a finalist spot in The American Lawyer’s 2012 Litigation Department of the Year contest, thanks to a string of successes including U.S. Supreme Court advocacy for AT&T Mobility LLC, copyright defense for Google’s YouTube, and work for Medtronic, Inc, Quicken Loans Inc., and Cargill Inc.
The firm has seen some rougher patches as well. The recession hit Mayer Brown relatively hard, forcing several rounds of attorney layoffs (substantially trimming the firm’s peak head count of 1,801 in 2008), and two consecutive years of revenue drops before a swing upward in 2011. In the midst of the broad economic downturn, the firm had internal struggles that spilled over into public view including a succession struggle and some prominent partner defections. Those dust–ups have left the headlines.
In other, nonfinancial metrics, Mayer Brown ranks in the middle of the pack, placing eighty–fourth of 126 firms on The American Lawyer’s 2011 Midlevel Associates Survey and ninety–sixth of 194 firms on the magazine’s Diversity Scorecard 2011. Its pro bono scores, however, were higher: The firm ranked fifty–second out of 200 firms in 2011, with attorneys racking up an average of 60 hours on pro bono matters. With 1,600 lawyers, Mayer Brown is not just doing good, but doing a lot of it.
—Updated as of 1/1/12
|Survey||Rank||Year Over Year Change||Description|
|Am Law 100||16||2||Gross revenue|
|Am Law 200||16||2||Gross revenue|
|NLJ 250||11||1||Lawyer head count|
|The A-List||NR||N/A||Overall excellence|
|Pro Bono Scorecard||52||25||Pro-bono commitment|
|Diversity Scorecard||103||7||Minority head count|
|Midlevel Associates Survey||84||N/A||Job satisfaction|
|Summer Associates Survey||35||4||Summer programs|
In the News
Brian Baxter : The Am Law Daily : May 9, 2013
Real estate firm Hines has announced the sale of Manhattan office buildings at 425 Lexington Avenue and 499 Park Avenue to JPMorgan Asset Management and American Realty Advisors, respectively, for a combined total of more than $1 billion. Simpson Thacher & Bartlett's recent renewal of a lease for 595,000 square feet of space at 425 Lexington was a key factor in the sale of the office tower.
Tom Brennan : The Asian Lawyer : May 9, 2013
* Linklaters takes the lead on Sumitomo Mitsui's $1.5 billon Indonesia acquisition* Three firms on New Zealand's largest-ever IPO* The world's first publicly traded law firm is raising $64 million to fund U.K. expansion
Jeff Mordock : Delaware Business Court Insider : May 8, 2013
No new themes are expected on either side of the debate next week when the Delaware Court of Chancery is set to make its argument that the U.S. Court of Appeals for the Third Circuit should revive the Chancery Court's confidential arbitration program, according to sources familiar with the litigation.
Jessica Seah : The Asian Lawyer : May 7, 2013
Langham Hospitality, which operates three hotels in Hong Kong's Kowloon district, is seeking to raise funds for working capital and to repay debt.
Diane Jeantet : The Am Law Daily : May 7, 2013
Edwards Wildman Palmer expands its newly launched Miami office; a Department of Justice lawyer joins Steptoe & Johnson in Washington, D.C.; and Chadbourne & Parke loses a project finance partner in New York. The Churn is constant. Please send all announcements to firstname.lastname@example.org.
: New York Law Journal : May 2, 2013
Ropes & Gray has added Jonathan Gill and Robb Tretter as partners in the private equity practice. Also, Duane Morris has added Stephen Sussman as a partner and other moves.
Saranac Hale Spencer : The Legal Intelligencer : May 2, 2013
A divided panel of the U.S. Court of Appeals for the Third Circuit has ruled that the Federal Railroad Safety Act doesn't pre-empt the common law claims brought by a Delaware County mall against railroad giant CSX.
: 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.
: The National Law Journal : April 29, 2013
John Cherundolo joins Hiscock & Barclay's torts and products liability practice as of counsel. Plus more law firm movers in this week's column.
: Texas Lawyer : April 29, 2013
A chart of the 100 largest law firms in Texas.
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- Gunderson Dettmer Stough Villeneuve Franklin & Hachigian
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