0 results for 'Edelman'
Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers
Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
Nonequity Partner Growth Kicks Into High Gear
Several Am Law 100 firms grew their income partner ranks by double-digit percentages in 2023. Multiple factors are pushing firms to rapidly expand this tier of partners, observers say.
Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100
"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.
Milbank's Revenue Jumps 18% as Profits Soar 19% and Nonequity Tier Grows
The firm's 18.6% jump in PEP to $5.114 million occurred as Milbank saw a 51% expansion in its nonequity tier.
'Tone Deaf' or 'Sign of Healthy Industry'? Am Law 100 Firm Leaders Weigh In on Milbank Raises
Some leaders in the lower half of the rankings no longer see elite firms' pay raises as a competitive pressure because the market has become so stratified.
Associate Pay Raises Escalate GC Fears of Billing Rate Hikes
Some GCs are voicing concerns about further rate hikes after associate pay raises. But Milbank's chair said the salary raises wouldn't have a material effect on its billing rate decisions in the future.
Milbank Raises Associate Salaries and Announces Year-End Bonuses
The firm's chair pointed to "a very, very busy year" across the firm—one in which productivity was "materially" increased, as well as increasing cost of living.
Milbank Adds Cahill Partner Who Will Co-Lead White Collar Defense Practice
The addition of Nola Heller boosts the firm's pitch to land on clients' most important matters, said Milbank's George Canellos.
Wilson Elser Adds in Indiana, as Second Hundred Firms Continue Expansion
The No. 107-ranked firm by revenue announced this week that its clients wanted an expansion in the Midwest.TRENDING STORIES
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