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Profits Swell at Pillsbury Amid Strong Demand and Costs Trimming
Pillsbury's net income climbed 10% in 2023, after the firm focused growth on profitable practices, trimmed costs and improved operational efficiencies.
Without Contingency Fees Windfall, Crowell's Gross Revenue Inched Up 0.9% to $595 million
PEP declined without a significant windfall from contingency receipts. But the firm's base business revenue was up 6.8%, Crowell Chair Phil Inglima said.
Skadden and Squire Build DC Partner Ranks With Government Hires
James Danly, who was FERC chair, has rejoined Skadden as head of its energy regulatory group, while Squire has added Bridget McGovern, who was an assistant secretary at the Homeland Security Department.
As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off
"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
Even With More Competition in DC, These Law Firms Still Have an Edge
D.C. firms say their deep regulatory and litigation background is working to their advantage, contributing to growing profits, particularly in years where transactional work has been softer.
Former FTC Commissioner Christine Wilson Joins Freshfields
Wilson, known for slamming FTC Chair Lina Khan in a public resignation letter, has joined Freshfields, where the firm said she will work with "senior executives and boards of directors" to navigate regulatory regimes.
Clients, Common Sense Drive Big Law Gen AI Policies
Most law firms aren't feeding client data into generative AI tools, but a handful have begun testing the technology on closed systems with client permission.
We Asked Every Am Law 100 Law Firm How They're Using Gen AI. Here's What We Learned
At least 41 of the U.S.'s highest grossing firms are putting the much-discussed technology to use, exploring opportunities for legal work and on the business side of operations.
Amid 'Brutal Competition' and Demand in Patent Practices, Orrick Grows IP Group
Arnold & Porter, Crowell & Moring, McCarter & English, and Miles & Stockbridge also picked up D.C. partners in their key practices this past week.
Kirkland, Cooley, Crowell Bring 'Real Impact' C-Suite Leaders to Start the Year
The latest Big Law moves are part of a broader movement to increase skill sets and drive firms forward strategically and financially, at the C-level and elsewhere.TRENDING STORIES
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