IN-DEPTH RESEARCH REPORT
on Winston & Strawn LLP
- - Financial Information
- - Compensation
- - Billing Rates
- - Lateral Partner Moves
- - Pro bono
- - Key Contacts
Winston & Strawn
- Designation: National
- Head Count: 842
- Gross Revenues: $755,000,000
- Revenue Per Lawyer: $895,000
- Profits Per Partner: $1,490,000
- Year Over Year Change: 1
Based in Chicago since the mid nineteenth century, Winston & Strawn boasts one of the nation’s premier litigation practices. The chair of the firm, Dan Webb, is one of the nation’s leading corporate defense lawyers. He made his reputation as a corruption–busting U.S. Attorney in Chicago and as a down–to–earth defender of General Electric, Microsoft and Philip Morris. Winston’s litigation practice as a whole picked up a finalist nod in The American Lawyer’s 2004 Litigation Department of the Year contest, as well as honorable mentions in 2006 and 2010. And it was was a finalist in the 2010 IP Litigation Department of the Year competition, thanks largely to its successful advocacy in patent cases for generic drug makers (the firm’s IP group was also one of the first to expand into new media work).
Yet it is not just the trial lawyers getting all the glory. Winston is well–respected for its antitrust and trade regulation, employment and labor, and trusts and estates work. It’s also known for steering through some hard times in its history, like the recent global financial crisis. While revenues took a bit of hit, by 2011 they had topped the firm’s prerecession peak. Significantly, too, Winston was seeing renewed success recruiting lateral partners. In 2011 it wooed 40 of them, including 19 from the now–defunct Howrey.
Like many of its peers, Winston has been looking to Asia for growth, leveraging offices in Beijing, Hong Kong, and Shanghai (the firm’s other international outposts are in Geneva, Hong Kong, London, Moscow, and Paris). Stateside, the firm has a major presence in Washington, D.C., where its practice includes strong antitrust and regulatory groups (other U.S. offices are in Charlotte, Houston, Los Angeles, New York, Newark, and San Francisco).
Winston has scored above–average grades for pro bono work (coming in seventy–seventh of 200 firms on The American Lawyer’s 2011 Pro Bono Report, with lawyers averaging about 48 hours of annual nonpaying work). But junior lawyers have had gripes: Winston finished near the bottom on both our 2010 (135th of 137 firms) and 2011 (121st of 126 firms) midlevel associates surveys. Consistency, it turns out, is not always a virtue.
—Updated as of 1/1/12
|Survey||Rank||Year Over Year Change||Description|
|Am Law 100||34||1||Gross revenue|
|Am Law 200||34||1||Gross revenue|
|NLJ 250||25||6||Lawyer head count|
|The A-List||NR||N/A||Overall excellence|
|Pro Bono Scorecard||77||26||Pro-bono commitment|
|Diversity Scorecard||81||8||Minority head count|
|Midlevel Associates Survey||121||14||Job satisfaction|
|Summer Associates Survey||45||no change||Summer programs|
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A chart of the 100 largest law firms in Texas.
: 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.
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: New York Law Journal : April 10, 2013
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Mark Hamblett : New York Law Journal : April 8, 2013
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