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equity partners

Profits Up at Weil Gotshal

Gross revenue at Weil, Gotshal & Manges rose slightly in 2008. The New York-based firm brought in $1.23 billion, up…

Quinn Emanuel Had Great 2008; Revenue Up 15%

Revenue at 400-lawyer Quinn Emanuel Urquardt Oliver & Hedges was $441.9 million in 2008, up 15% from 2007. Profits jumped…

Paul Weiss Enjoys Solid 2008

Am Law 100 firm Paul, Weiss, Rifkind, Wharton & Garrison had a solid 2008, with both revenue and profits on…

Reed Smith’s Revenue up 10% in 2008

Pittsburgh's Reed Smith reports a 10% increase in gross revenue to $980 million in 2008, on the back of significant…

Update: Cadwalader Losses Worse than Reported

When we wrote about seven Cadwalader, Wickersham & Taft partners walking out, we reported that America's most elderly law firm…

Cadwalader Profits Plummet 30% in 2008

The American Lawyer reports that America's oldest law firm, Manhattan's Cadwalader, Wickersham & Taft, saw its average profits per equity…

No Bonuses? Pay Freezes? How About Having to Pay to Work?

Above the Law quotes an unnamed source at Clifford Chance , that partners will have to actually pay the firm…

Non-equity Partners In “Precarious Position”

At least two more law firms are considering following the lead of DLA Piper, requiring nonequity partners to buy into…