Winston & Strawn Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Winston & Strawn LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Winston & Strawn LLP

  • Designation: Chicago
  • Head Count: 822
  • Gross Revenues: $741,000,000
  • Revenue Per Lawyer: $900,000
  • Profits Per Partner: $1,410,000
  • Year Over Year Change: -5

Winston & Strawn is a Chicago-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Winston & Strawn has 822 attorneys and is the 38th largest firm in the United States.  With $741,000,000 in gross revenue in 2013, the firm placed 39th on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 Global 100 survey, Winston & Strawn ranked as the 47th highest grossing law firm in the world.  The firm has offices in AZ, CA, DC, IL, NC, NJ, NY and TX.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 39 -5 Gross revenue
Am Law 200 39 -5 Gross revenue
NLJ 250 38 -5 Lawyer head count
The A-List 43 -2 Overall excellence
Pro Bono Scorecard 25 -7 Pro-bono commitment
Diversity Scorecard 103 -22 Minority head count
Midlevel Associates Survey 121 -242 Job satisfaction
Summer Associates Survey 45 30 Summer programs

In the News

Sutherland's Revenue, Profit Dip After Big Case Winds Up

Meredith Hobbs : Daily Report : March 30, 2015

Sutherland Asbill & Brennan's revenue and profit dipped in 2014 because some major litigation wound up—most notably for longtime client Transocean over liability in the Gulf of Mexico oil spill—despite a busy year for the tax, insurance, energy, corporate, real estate and intellectual property practices, said its managing partner, Mark Wasserman.

Kirkland Taps New Tax Partner, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 29, 2015

Kirkland & Ellis loses two and hires one from Skadden; Wilmer expands in Denver; Winston & Strawn hires two more from Pillsbury and other notable moves from throughout The Am Law 200.

Georgia-Pacific, Int'l Paper Can't Crush Box-Buyers' Class Action

Scott Flaherty : The Litigation Daily : March 26, 2015

Five years into litigation over an alleged price-fixing scheme by the biggest players in the paper and packaging industry, plaintiffs lawyers gained ground on Thursday when a Chicago federal judge allowed the case to move forward as a class action.

The Am Law 100, the Early Numbers: Kirkland's Performance Accelerates in 2014

Susan Beck : The Am Law Daily : March 25, 2015

Kirkland & Ellis picked up momentum in 2014, with revenue increasing 6.6 percent, to $2.15 billion, and profits per partner lifting 7 percent, to $3.51 million, according to The American Lawyer's reporting. Revenue per lawyer increased 5.4 percent, to $1.365 million, while net income rose 8 percent, to $1.182 billion.

Winston Adds 3 Partners, Counsel From Pillsbury

Christine Simmons : New York Law Journal : March 24, 2015

Winston & Strawn said Monday it has hired three more corporate partners, a counsel and some associates from Pillsbury Winthrop Shaw Pittman. The hires include leveraged finance partner Mats Carlston, who will serve as Winston's co-chair of its global finance practice.

Am Law 100 Pair Keep Poaching, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 24, 2015

King & Spalding and Winston & Strawn continue their recent hiring sprees; Latham & Watkins lands one partner and lose two others; a longtime Reed Smith partner departs; Stroock snags a Goldman Sachs alum from Kirkland & Ellis; Wilmer brings back another former federal regulator; and other notable additions from throughout The Am Law 200.

Five More Attorneys Defect to Winston & Strawn from Pillsbury

Nell Gluckman : The Am Law Daily : March 23, 2015

Winston & Strawn has confirmed its hire of Mats Carlston as co-chairman of its global finance practice, in addition to five more hires from Pillsbury Winthrop Shaw Pittman. Carlston spoke with The Am Law Daily about his move, which follows a group of 11 corporate, finance and private equity partners jumping to Winston & Strawn from Pillsbury earlier this month.

Polsinelli Sets Up Shop in Raleigh, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 17, 2015

After raiding Nelson Mullins Riley & Scarborough for five health care partners, fast-growing Polinselli will open an office in Raleigh; Gibson Dunn and Winston & Strawn add new practice leaders; the NSA's top lawyer returns to Mayer Brown; three former federal prosecutors flock to Robins Kaplan and Wilmer; and other notable hires from throughout The Am Law 200.

Correction

: New York Law Journal : March 16, 2015

Ostrow Award

: New York Law Journal : March 16, 2015

The New York Council of Defense Lawyers presented The Norman S. Ostrow Award to Winston & Strawn partner Gerald Shargel.

Herbal Supplements Class Actions Piling Up

Amanda Bronstad : The National Law Journal : March 16, 2015

The plaintiffs bar has filed more than 50 class actions in the past month that accuse retailers like Target Corp. and Wal-Mart Stores Inc. of widespread fraud through the sale of herbal supplements.

Misconduct Marred Trial in Financier Murder, Lawyer Says

Andrew Denney : New York Law Journal : March 16, 2015

Counsel for Daniel Pelosi argued before the Second Department Friday that the lead prosecutor in his high-profile trial for the murder of a Wall Street financier prejudiced the jury during cross-examination by painting a picture of Pelosi as a womanizer and a sadist who was prone to fits of rage.

On the Move

: The Recorder : March 16, 2015

The Am Law 100, the Early Numbers: Partner Profits Soar at Winston & Strawn

Susan Beck : The Am Law Daily : March 16, 2015

After seeing gross revenue and profits per partner sink in 2013, Winston & Strawn enjoyed a rebound year in 2014, as the firm posted big gains in several key financial metrics. While the firm's equity partnership decreased for a seventh straight year, Winston & Strawn recently added a dozen partners to its ranks following a raid on Pillsbury Winthrop Shaw Pittman.

Musical Chairs at McKenna Long, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 15, 2015

McKenna Long & Aldridge, poised to vote Monday on a union with Dentons, saw two new partners depart because of conflicts; Morgan Lewis lures eight partners in Dallas ahead of another merger in Singapore; Winston & Strawn poaches 10 more partners from Pillsbury; and other notable moves from throughout The Am Law 200.

Abbott Says GSK Sabotaged Its Own $1.7B Suit Over HIV Drug

Scott Flaherty : The Litigation Daily : March 14, 2015

Now that GlaxoSmithKline has abandoned an antitrust claim at the heart of its licensing battle with Abbott Labs over the drug Norvir, Abbott's lawyers at Kirkland & Ellis are looking to put the rest of the case to bed before a scheduled trial.

BAR-ometer: Hermle Does Some Damage

: The Recorder : March 13, 2015

Plus: Employment lawyers get a Lyft.

Kasowitz Benson Trims Its Ranks

Christine Simmons : New York Law Journal : March 12, 2015

Kasowitz, Benson, Torres & Friedman confirmed that it announced layoffs this week but declined to say how many lawyers or staff were affected.

Two SF Pillsbury Partners Among Group Moving to Winston

Patience Haggin : The Recorder : March 11, 2015

Jay Gould and Michael Wu are joining Winston & Strawn's financial services and investment practice, which Gould will help lead.

Winston Poaches 11-Partner Team From Pillsbury

Brian Baxter : The Am Law Daily : March 11, 2015

Less than a week after Winston & Strawn hired Pillsbury Winthrop Shaw Pittman's structured products practice head, it is poised to pick up another 10 corporate, finance and private equity partners from the same firm.

2015 New Partners: D-G

: New Jersey Law Journal : March 06, 2015

Fried Frank and Paul Hastings Poach IP Heads, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 03, 2015

Patterson Belknap and Shearman & Sterling lose a pair of IP practice leaders; Cadwalader rebuilds in Houston; more Bingham McCutchen refugees find new homes; and other notable hires from throughout The Am Law 200.

Winston & Strawn Scores for ISE in E-Trading Patent Row

Scott Flaherty : The Litigation Daily : March 03, 2015

The U.S. Patent and Trademark Office dealt a blow this week to the Chicago Board Options Exchange, invalidating three patents that the CBOE had asserted in an infringement lawsuit against International Securities Exchange.

Firms Garner Huge Fees in Sports

Brian Baxter : The American Lawyer : February 26, 2015

Public records shed light on fees firms have received from their sports clients.

Surge in Sports Megadeals a Boon to Proskauer, Others

Brian Baxter : The American Lawyer : February 26, 2015

Sports law may be a niche, but with today's deals worth billions of dollars, it's March Madness out there.

Ropes & Gray Ramps Up in Data Security, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : February 24, 2015

A data privacy expert joins Ropes & Gray on the West Coast; a former Bingham McCutchen practice leader lands at Mayer Brown; Epstein Becker & Green's 15-lawyer raid lands it an office in Princeton; Cleary Gottlieb hires a former Sullivan & Cromwell tax partner and other notable moves from throughout The Am Law 200.

From 3L to In-house

David Hechler : Corporate Counsel : February 23, 2015

Hewlett-Packard's general counsel says he's really pleased with his department's program to hire and train young lawyers. So why is he hoping he loses one?

Grand Jury Indicts Officer for Death of Man in Hallway

Andrew Keshner and Andrew Denney : New York Law Journal : February 13, 2015

Two months after a Staten Island grand jury refused to indict an officer for the chokehold death of Eric Garner, a Brooklyn grand jury charged an officer with manslaughter, criminally negligent homicide and other offenses for the single shot fired in a pitch-dark hallway that killed Akai Gurley.

This Week's Deals

David Ruiz : The Recorder : February 12, 2015

A round-up of transactions involving Bay Area lawyers and companies.

Winston, Orrick, K&L Gates Get Call on Solar Deals

David Ruiz : The Recorder : February 12, 2015

Winston helps First Solar ink deal with Apple; K&L, Orrick aid Duke Energy's buy of REC Solar.