IN-DEPTH RESEARCH REPORT
on Sheppard Mullin Richter & Hampton LLP
- - Financial Information
- - Compensation
- - Billing Rates
- - Lateral Partner Moves
- - Pro bono
- - Key Contacts
Sheppard Mullin Richter & Hampton
- Designation: Los Angeles
- Head Count: 521
- Gross Revenues: $437,500,000
- Revenue Per Lawyer: $840,000
- Profits Per Partner: $1,265,000
- Year Over Year Change: 4
If there is any firm that makes law seem like a glamour job, it’s Los Angeles’s Sheppard, Mullin, Richter & Hampton. The firm has a widely known entertainment practice (largely based out of its Century City office) that represents major studios, media companies, television networks, and production companies in all manner of financing, licensing, and new media deals. Then there is the firm’s video game team. No, these lawyers don’t play Halo all day, but they do advise on the intellectual property, employment, licensing, and litigation issues that game companies have.
Of course, there is the more traditional work, too, and Sheppard has done plenty of it, tweaking its practice over the years to capitalize on emerging trends and growing markets. First there were the banks and retailers who formed the core of the firm’s client base in the decades after its 1927 founding. Then, in the 1990s, came an increased focus on aerospace and defense (Northrop Grumman Corporation is a client) and real estate.
More recently, the focus has been on expanding the firm’s footprint on a global scale. For years, Sheppard was mainly known as a California firm (it has eight offices within that state). In 2003 it branched out to the East Coast, opening offices in Washington, D.C., and in New York, and in 2007 it took its biggest—and furthest—step, with an outpost in Shanghai. Doubling down on its bet on global markets, Sheppard launched additional offices in Beijing, Brussels, and London in 2011. In Beijing the focus is on guiding clients on M&A and investment opportunities. In London, cross–border transactions constitute a big chunk of the office’s assignments.
While Sheppard suffered some layoffs during the financial crisis, morale among lawyers has traditionally been good. The firm ranked thirty–eighth of 137 firms on The American Lawyer’s 2010 Midlevel Associates Survey, and forty–third of 126 firms in 2011. Sheppard is not one of the most diverse law firms in the country, ranking seventy–ninth of 194 firms on our 2011 survey of the Am Law 200 firms (just 7 percent of U.S.–based partners are minorities). But with its Hollywood connections and video game transactions, it certainly has one of the more diverse practices.
—Updated as of 1/1/12
|Survey||Rank||Year Over Year Change||Description|
|Am Law 100||67||4||Gross revenue|
|Am Law 200||67||4||Gross revenue|
|NLJ 250||79||9||Lawyer head count|
|The A-List||NR||N/A||Overall excellence|
|Pro Bono Scorecard||68||83||Pro-bono commitment|
|Diversity Scorecard||38||41||Minority head count|
|Midlevel Associates Survey||43||5||Job satisfaction|
|Summer Associates Survey||21||8||Summer programs|
In the News
: The National Law Journal : April 22, 2013
Managing partners of Washington firms discuss the state of legal business.
: The National Law Journal : April 22, 2013
: The Recorder : April 19, 2013
Diane Jeantet : The Am Law Daily : April 19, 2013
Ogletree, Deakins, Nash, Smoak & Stewart opens a Richmond office, the firm's 44th location; Gibson, Dunn & Crutcher takes a practice group leader from Sheppard Mullin Richter & Hampton; and Hunton & Williams welcomes back a partner in Charlotte. The Churn is constant. Please send all announcements to firstname.lastname@example.org.
Julia Love : The Recorder : April 18, 2013
Gibson Dunn has scooped up the chair of Sheppard Mullin's technology transactions group. Partner Shaalu Mehra said he was driven to go on the market by unresolvable client conflicts. Having fielded many cross-border transactions, Mehra said Gibson Dunn's global reach was appealing. The firm's client list was another draw.
Julia Love : The Recorder : April 16, 2013
Partner Shaalu Mehra—who advises companies on patent portfolio strategy, IP-focused M&A and licensing, among other matters—joined Gibson, Dunn & Crutcher in Palo Alto over the weekend.
Julia Love : The Recorder : April 15, 2013
: The National Law Journal : April 15, 2013
Hearing a breeze for Srinivasan; Nathan's conditions; EPIC secrets; jobs available at DOJ; Hillard v. Sheppard for police monitor; keeping up with Jones; and a new group at Brownstein Hyatt in this week's column.
Julia Love : The Recorder : April 9, 2013
The Howrey estate was by turns peaceable and litigious Friday, striking a multimillion-dollar settlement with one of its insurance carriers while rounding up more firms — including Haynes and Boone — for clawback claims.
Anthony Lin : The Asian Lawyer : April 9, 2013
Asian Lawyer editor Anthony Lin is visiting Seoul this week, where he finds that the threat from North Korea looms both large and small.
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