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Gina Passarella is editor-in-chief of Global Legal Brands at ALM, including oversight of The American Lawyer, Corporate Counsel, Law.com International, Legaltech News, The National Law Journal and China Law & Practice. She also works closely on Law.com Pro and GLL Advisers. Gina's coverage focuses on the business of law, client relationships, law firm strategy and the future direction of the profession. She also has a particular focus on mental health in the legal profession.
April 24, 2018 | The American Lawyer
Thirty-one firms posted gross revenue over $1 billion in 2017, four more than in 2016. Eighty-five reported gains, up from 82 last year. Kirkland reported the biggest gain, 19.4 percent. K&L Gates had the steepest decline, 16.1 percent.
By Gina Passarella Cipriani
1 minute read
April 24, 2018 | The American Lawyer
Rollercoaster performances from year to year are becoming the norm, especially at the top of the Am Law 100.
By Gina Passarella Cipriani
1 minute read
April 24, 2018 | The American Lawyer
Average Compensation–All Partners rose by 5.3 percent in 2017, compared with an increase of 1.6 percent in 2016. Seventy-nine firms posted increases, compared with 71 the previous year. Nineteen firms posted double-digit gains, while three posted double-digit losses.
By Gina Passarella Cipriani
1 minute read
April 24, 2018 | The American Lawyer
Wachtell, Lipton, Rosen & Katz has led this ranking since the metric's inception in 2005. At that firm, each lawyer contributed an average of $1.9 million in 2017, and it took an average of 5.3 lawyers to generate $10 million.
By Gina Passarella Cipriani
1 minute read
April 24, 2018 | The American Lawyer
Our Profitability Index metric looks at a firm's ability to convert revenue into profits. This metric, introduced in 1985, seeks to demonstrate which firms best balance leverage and profit margin for the highest possible profits per partner.
By Gina Passarella Cipriani
1 minute read
April 24, 2018 | The American Lawyer
For the Am Law 100 as a whole, average revenue per lawyer, the metric that we've long regarded as the most reliable measure of a firm's financial health, increased by 3.2 percent, higher than the 1.5 percent increase at Am Law 100 firms in 2016.
By Gina Passarella Cipriani
1 minute read
April 24, 2018 | The American Lawyer
Profits per lawyer is an alternate way of looking at firm profitability, and is intended to reduce the influence of factors such as leverage. A firm's PPL is its net income divided by its lawyer count. Wachtell topped the list with a PPL of $1,897,000.
By Gina Passarella Cipriani
1 minute read
April 12, 2018 | The American Lawyer
Check out the categories in our American Lawyer Awards for which submissions are due week. Some exciting new opportunities for those in the industry to show how they are revolutionizing the way legal services are delivered.
By Gina Passarella Cipriani
1 minute read
March 20, 2018 | The American Lawyer
Bill Voge's resignation shocked most at the firm and in the industry, as the #MeToo movement extends its impact on Big Law.
By Scott Flaherty | Gina Passarella Cipriani
1 minute read
March 20, 2018 | The American Lawyer
William Voge, based in London, apologized for his "lapse in judgment" in a statement about his resignation.
By Gina Passarella Cipriani
1 minute read
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS