IN-DEPTH RESEARCH REPORT
on Quinn Emanuel Urquhart & Sullivan, LLP
- - Financial Information
- - Compensation
- - Billing Rates
- - Lateral Partner Moves
- - Pro bono
- - Key Contacts
Quinn Emanuel Urquhart & Sullivan
- Designation: Los Angeles
- Head Count: 697
- Gross Revenues: $852,500,000
- Revenue Per Lawyer: $1,225,000
- Profits Per Partner: $4,435,000
- Year Over Year Change: 8
If any firm could be the poster child for alternative fee arrangements, it is Quinn Emanuel, a litigationonly firm that has climbed The Am Law 100 with huge strides in recent years (its fiftyfirst place finish on the 2011 list marked a 27place leap since 2007). Gross revenues jumped by more than 30 percent in both 2010 and 2011. Profits per partner regularly rank among the top three, and broke the $4 million mark in 2011. Quinns secret: litigatingand pricingoutside the box.
Obviously, we could not have achieved financial results like these simply billing by the hour, says managing partner John Quinn. A significant amount of our revenue came from contingent fee and other alternative fee arrangements, both on the plaintiffs and defense side.
It doesnt hurt that the firm, which is based in Los Angeles and numbers more than 450 lawyers, has one of the nations most highly regarded litigation departments (Quinn says its lawyers have won 91 percent of the 1,460 cases theyve tried). The firm was a finalist in The American Lawyers 2010 Litigation Department of the Year contest, and earned honorable mentions in 2006, 2008, and 2012. Quinns IP litigatorswho comprise nearly 40 percent of the firms attorneysfared even better, earning the nod as IP Litigation Department of the Year in 2010 (and ranking as a finalist in 2012). The firm has won key cases for Google Inc., including a pair of trials defending the Internet giants advertising programs, and others for its AList clients.
Famous for its lack of executive, recruitment, and compensation committees (the only formal management group is one that evaluates prospective contingency fee cases), Quinn is also noted for being the first Am Law 100 to have a female name partner (former Stanford Law School dean Kathleen Sullivan received that honor in March 2010). The firm is well known, too, for the absence of a dress codethough with the profits partners are pulling in, they certainly can afford suits.
Updated as of 1/1/12
|Survey||Rank||Year Over Year Change||Description|
|Am Law 100||28||8||Gross revenue|
|Am Law 200||28||8||Gross revenue|
|NLJ 250||58||32||Lawyer head count|
|The A-List||NR||N/A||Overall excellence|
|Pro Bono Scorecard||170||30||Pro-bono commitment|
|Diversity Scorecard||28||8||Minority head count|
|Midlevel Associates Survey||NR||N/A||Job satisfaction|
|Summer Associates Survey||NR||N/A||Summer programs|
In the News
Susan Beck : The American Lawyer : April 25, 2013
How Kirkland's huge nonequity class helps its bottom line.
Claire Zillman : The American Lawyer : April 25, 2013
How court reform turned Munich into the new hot spot for patent litigation in Germany.
Amy Kolz : The American Lawyer : April 25, 2013
Cull the partnership to boost profits: That's the conventional wisdom. But is it truth—or illusion?
Julie Triedman : The American Lawyer : April 25, 2013
A Quinn Emanuel partner contests the Kenyan presidential election.
Mike Scarcella : The National Law Journal : April 24, 2013
In 2011, top U.S. Department of Justice officials trumpeted the government's effort to seize millions of dollars in assets belonging to a top public official in Equatorial Guinea. But a federal judge in Washington, D.C., has now ruled against the government in a fight over a $38.5 million Gulfstream jet prosecutors contend Teodoro Nguema Obiang Mangue obtained through corruption.
Christine Simmons : New York Law Journal : April 24, 2013
Sheila Birnbaum, a trailblazing partner at Skadden, is moving to Quinn Emanuel Urquhart & Sullivan, where she will be co-head of the firm's products liability and mass torts practice. She is moving with another partner in the group, Mark Cheffo.
Scott Graham : The Recorder : April 23, 2013
A new ruling by a state court calls for limiting anti-SLAPP protections, while in the federal courts, Ninth Circuit Chief Judge Alex Kozinski is urging his colleagues to revisit a ruling honoring the California law.
Brian Baxter : The Am Law Daily : April 23, 2013
Quinn Emanuel Urquhart & Sullivan is seeking to corner the market on high-profile litigation hires, announcing Tuesday that veteran Skadden, Arps, Slate, Meagher & Flom litigator Sheila Birnbaum, the former cohead of the firm's mass torts and insurance litigation group, and partner Mark Cheffo would join the firm.
: The National Law Journal : April 22, 2013
Carolyn Fuentes, an assistant federal public defender from San Antonio, made history in the annals of U.S. Supreme Court advocacy on April 17. Plus more in this week's column.
Brendan Pierson : New York Law Journal : April 22, 2013
The Second Circuit has ruled that a little-known international banking law does not allow Bank of America to remove a lawsuit filed over mortgage-backed securities from state to federal court, though it left open the possibility that BofA could remove the case on other grounds.
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