IN-DEPTH RESEARCH REPORT
on Troutman Sanders LLP
- - Financial Information
- - Compensation
- - Billing Rates
- - Lateral Partner Moves
- - Pro bono
- - Key Contacts
- Designation: Atlanta
- Head Count: 575
- Gross Revenues: $376,000,000
- Revenue Per Lawyer: $655,000
- Profits Per Partner: $700,000
- Year Over Year Change: 3
It would be a mistake to think of Troutman Sanders simply as a big old Atlanta firm. The description is true, of course—it was founded more than a century ago and has scores of lawyers—but it is far from complete. This Am Law 100 firm has a footprint that reaches across the country to California and Oregon and, indeed, across the globe to Hong Kong and Shanghai (where Troutman opened offices in 1997 and 2007, respectively, to assist clients with cross–border transactions).
Troutman also boasts a relatively large office in the nation’s capital, where its lawyer head count (around 100) puts it among the top 50 or so D.C. outposts. That it would have a significant presence in Washington is no surprise, given practice areas that include energy and regulatory work. Indeed, Troutman is well–known in the nuclear power industry, having handled licensing, regulatory, and litigation matters for a host of plant operators. It is also active in aircraft leasing and financing, counting more than a dozen U.S. and foreign air carriers as clients.
While Troutman’s gross revenue puts it in The Am Law 100 with breathing space, both the firm’s profits per partner and revenue per lawyer place well outside the top 100. Troutman also falls below average on diversity (126th of 194 firms on The American Lawyer’s 2011 Diversity Scorecard, with minorities constituting just 10 percent of U.S. –based lawyers and less than 6 percent of U.S. partners) and pro bono (109th of 200 firms on our 2011 survey, with lawyers averaging some 31 hours a year of volunteer legal work). Associate morale hasn’t topped the charts, either. Troutman finished ninety–first of 126 firms on The American Lawyer’s 2011 Midlevel Associates Survey, and ninety–fifth of 137 firms in 2010, proving that, for junior lawyers anyway, a big old Atlanta firm can be a lot like a big old Manhattan firm.
—Updated as of 1/1/12
|Survey||Rank||Year Over Year Change||Description|
|Am Law 100||76||3||Gross revenue|
|Am Law 200||76||3||Gross revenue|
|NLJ 250||64||3||Lawyer head count|
|The A-List||NR||N/A||Overall excellence|
|Pro Bono Scorecard||109||9||Pro-bono commitment|
|Diversity Scorecard||148||22||Minority head count|
|Midlevel Associates Survey||91||4||Job satisfaction|
|Summer Associates Survey||NR||N/A||Summer programs|
In the News
Sara Randazzo : The Am Law Daily : March 1, 2013
The plan calls for Dewey's secured creditors - a group that collectively holds nearly $262 million in claims - to be paid roughly 47 cents to 77 cents for each $1 they are owed.
David Marcus : The American Lawyer : March 1, 2013
Lawrence Viele Davidson : Daily Report : February 28, 2013
Colleagues remembered former state Supreme Court Chief Justice Harold G. Clarke, who died Tuesday at 85, as a generous gentleman who made a point to raise the standards for the legal profession in Georgia.
: New York Law Journal : February 27, 2013
Polsinelli Shughart, Troutman Sanders, Foley & Lardner and Morrison Cohen all welcome new additions.
Sara Randazzo : The Am Law Daily : February 27, 2013
To a hearty round of backslaps and handshakes, U.S. Bankruptcy Judge Martin Glenn closed a two-hour hearing Wednesday by approving Dewey & LeBoeuf's Chapter 11 liquidation plan after the last remaining objections faded away. Under the plan, Dewey's secured creditors are to receive roughly 47 to 77 cents for each $1 they are owed, while unsecured creditors are to get roughly 5 to 14 cents.
Diane Jeantet : The Am Law Daily : February 22, 2013
Pepper Hamilton hires five attorneys from Linklaters to bolster its white-collar practice in New York; Paul Hastings private client lawyers head to Bryan Cave; and Troutman Sanders snatches two Kilpatrick Townsend & Stockton attorneys for its financial institution practice. The Churn is constant. Please send all announcements to email@example.com.
Meredith Hobbs : Daily Report : February 20, 2013
D. Glenn Brock (above) has left the Marietta firm he co-founded, Brock, Clay, Calhoun & Rogers, for Nelson Mullins Riley & Scarborough, taking his education practice with him.
Meredith Hobbs : Daily Report : February 19, 2013
Last year was a year of steady work and few surprises for Troutman Sanders. Revenue dropped slightly in 2012, and profit per partner dropped slightly more.
Diane Jeantet : The Am Law Daily : February 15, 2013
Kirkland & Ellis makes an M&A push on the West Coast; Venable adds four lawyers; and Greenberg Traurig loses four partners, including a finance duo to Troutman Sanders in New York. The Churn is constant. Please send all announcements to firstname.lastname@example.org.
Sara Randazzo : The Am Law Daily : February 15, 2013
In a series of filings made ahead of a Feb. 13 deadline, the former partners in question argue that U.S. Bankruptcy Judge Martin Glenn should not approve the Chapter 11 plan, which serves as a blueprint for how the Dewey estate expects to dispose of its assets in order to pay off creditors who say they are owed a combined total of some $600 million.
- Andrews Kurth
- Arent Fox
- Bingham McCutchen
- Bracewell & Giuliani
- Chadbourne & Parke
- Covington & Burling
- Crowell & Moring
- Denton Wilde Sapte
- Dewey & LeBoeuf
- Dickstein Shapiro
- DLA Piper
- Goulston & Storrs
- Heller Ehrman
- Herbert Smith
- Holland & Knight
- Husch Blackwell
- Irwin Mitchell
- Jones Day
- K&L Gates
- Katten Muchin Rosenman
- Keker & Van Nest
- Kilpatrick Townsend
- King & Spalding
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- Lathrop & Gage
- Locke Lord
- Loeb & Loeb
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- Munger, Tolles & Olson
- O'Melveny & Myers
- Patton Boggs
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- Proskauer Rose
- Ropes & Gray
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- Slaughter and May
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