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Steptoe's Revenue Grew 13% Amid Lateral Expansion and Rising Litigation Demand
Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.Hogan Lovells Rebounds in 2023 With Most Profitable Year in History
The global firm brought in $2.68 billion in revenue, which translated into $2.74 million in profits per equity partner.Hogan Lovells Hires 23 M&A Lawyers From Orrick in Italy
Orrick said the departures are part of the firm's strategy to provide sector-specific advice, and include another exit to BonelliErede.Hiring From Kirkland, Paul Hastings Continues Building Restructuring Practice
The firm continues to be bullish on restructuring, almost two years after its raid of Stroock.Latest Norton Rose Fulbright Departure Sees Fintech Practice Head Relocate to Steptoe
"One troubling fact was that it was never explained internally, even to partners, why our global C-suite all the sudden departed in a short period of time," Stephen Aschettino said of his former firm. "The reasons for that have never been articulated."The Stroock Files: The Journey Through Lateral Exits, Merger Talks and Dissolution
Over a year's worth of reporting on the issues and events that led to Stroock's downfallIn 2023, Group Lateral Moves Proved Economy-Proof as Firms Advanced Strategic Growth
"The big group moves are driven by the stars that are part of those groups," said Macrae recruiter Justine Donahue. "The high rainmakers can command a group to move with them based on their clients and their brand name."Looking Back at the Law Firms That Didn't Survive 2023
From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.Law Firm Mergers Began With a Boutique Bash. Will the Party Continue in 2024?
A&O's tie-up with Shearman could be a harbinger of more U.K.-headquartered firms expanding into the U.S.Corporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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