Firm Profiles
IN-DEPTH RESEARCH REPORT
on Seyfarth Shaw LLP
- - Financial Information
- - Compensation
- - Billing Rates
- - Lateral Partner Moves
- - Pro bono
- - Key Contacts
Seyfarth Shaw
- Designation: National
- Head Count: 753
- Gross Revenues: $520,000,000
- Revenue Per Lawyer: $690,000
- Profits Per Partner: $910,000
- Year Over Year Change: 1
While Seyfarth Shaw has a broad scope of practice areasfrom business law to environmental and tax mattersits bread and butter has always been employment and labor law. The Chicagobased firm, ranked sixtysecond on the 2011 Am Law 100 with just over $450 million in revenue, handles virtually all aspects of workplace law from defending employers in discrimination, ERISA, and employee benefits litigation, to advising on executive compensation and pension funding. The firm has also created specialty teams to defend corporations against whistleblower lawsuits and to guide clients on health care reform and compliance.
Founded in 1945, Seyfarth has some 700 lawyers (including 213 equity partners) spread out among ten offices within the United States and one in London. By many key measures it ranks far outside the industrys leaders: At $735,000 the firms profits per partner placed 127th for 2010, and the firm is no charttopper on diversity (123rd of 194 firms on The American Lawyers 2011 Diversity Scorecard, with less than 5 percent of the U.S. partnership consisting of minorities) or pro bono work (ranked 129th of 200 firms in the magazines 2011 survey).
But where Seyfarth has stood out is in its efforts to boost efficiency. It claims to be the only large law firm to build a client service model, which it calls SeyfarthLean based on Six Sigma, a businessprocess improvement methodology made famous by manufacturers like General Electric Company and Motorola Inc. The approach puts a heavy emphasis on datadriven decision making and process mapping, and Seyfarth says it has helped the firm get a better understanding of client needs and desired outcomes while improving staffing, efficiency, and collaboration, while reducing the overall cost of services by 15 to 50 percent.
Updated as of 1/1/12
Firm Rankings
| Survey | Rank | Year Over Year Change | Description |
|---|---|---|---|
| Am Law 100 | 60 | 1 | Gross revenue |
| Am Law 200 | 60 | 1 | Gross revenue |
| NLJ 250 | 50 | no change | Lawyer head count |
| The A-List | NR | N/A | Overall excellence |
| Pro Bono Scorecard | 129 | 32 | Pro-bono commitment |
| Diversity Scorecard | 130 | 7 | Minority head count |
| Midlevel Associates Survey | NR | N/A | Job satisfaction |
| Summer Associates Survey | NR | N/A | Summer programs |
In the News
The Churn: Lateral Moves in The Am Law 200
Diane Jeantet : The Am Law Daily : March 8, 2013
Venable launches its eighth office, in Delaware; a former senior legal adviser at the Federal Communications Commission joins Mayer Brown's tax practice in Washington, D.C.; and four intellectual property attorneys prepare to move from Kasowitz Benson Torres & Friedman's Silicon Valley office to Latham Watkins. The Churn is constant. Please send all announcements to thechurn@alm.com.
The Am Law 100, the Early Numbers: Stroock Sees Revenue Dip, Profits Inch Up
Brian Baxter : The Am Law Daily : March 6, 2013
Stroock & Stroock & Lavan saw gross revenue dip slightly in 2012 to $264 million, while profits per partner were almost flat at $1.2 million. The news comes as Stroock moves to let go of an undetermined number of secretaries in Los Angeles, Miami, and New York, even as the firm prepares to open a new office in Washington, D.C.
Tech Circuit: Bay Bridge Edition
Monica Bay : Law Technology News : March 4, 2013
LegalTech New York is always inspiring, with the opportunity to see so many people, products, services, and seminars over three deliciously-overloaded days. It's like consuming a giant hot fudge sundae, full of yummy calories that take a while to digest and occasionally give you ice cream burn. So it's great to complement LegalTech's frenetic pace with visits to vendors on their own turf — where you can see them in context, get leisurely demonstrations, and dive deeper into nuanced conversations about trends and developments that is not possible in a crowded exhibit hall or at a noisy cocktail party. [MORE]
In Houston, Reed Smith Nabs 12 Partners From Texas Firms
Brenda Sapino Jeffreys : Texas Lawyer : March 4, 2013
Reed Smith has opened an office in Houston with 17 lawyers, including 12 partners who came from seven firms in Texas. The lawyers joined Reed Smith in Houston, beginning on Jan. 15, but the Pittsburgh-based firm announced the initial roster of lawyers Feb. 26. The Houston office is the firm's 25th.
On the Move
: The Recorder : March 1, 2013
A weekly report of lawyer moves and law firm changes. Keep abreast of where movers and shakers are going and what they're doing.
Reed Smith Enters Houston Market With 17 Attorneys
Gina Passarella : The Legal Intelligencer : February 27, 2013
After leasing space in Houston last month and working the lateral market, Reed Smith has announced it will officially open its first Texas office with 17 attorneys from seven different firms in the region.
Appealing Alternatives: Immigration Justice System Re-Imagined
Angelo A. Paparelli and Ted J. Chiappari : New York Law Journal : February 27, 2013
In their Immigration Law column, Angelo A. Paparelli, a partner at Seyfarth Shaw, and Ted J. Chiappari, a partner at Satterlee Stephens Burke & Burke, write that, as Congress contemplates comprehensive immigration reforms, it would indeed be derelict were it to allow this harmful contagion of faux immigration justice to continue untreated.
The Am Law 100, the Early Numbers: At Seyfarth, Revenue and Profits Rise
Drew Combs : The Am Law Daily : February 26, 2013
Seyfarth Shaw posted solid financial results across the board in 2012, with gross revenues increasing 7.4 percent, profits per partner jumping 11.7 percent, and revenue per lawyer rising 4.5 percent, according to The American Lawyer's reporting.
Reed Smith Enters Houston With 17 Attorneys
Gina Passarella : The Legal Intelligencer : February 26, 2013
After leasing space in Houston last month and working the lateral market, Reed Smith has announced it will officially open its first Texas office with 17 attorneys recruited from seven different area firms.
Reed Smith Enters Houston With 17 Attorneys
Gina Passarella : The Legal Intelligencer : February 26, 2013
After leasing space in Houston last month and working the lateral market, Reed Smith has announced it will officially open its first Texas office with 17 attorneys from seven different area firms.
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