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law firm profits

Wave of Departures at Weil, Gotshal & Manges Highlights Intense Talent Wars in BigLaw

Key Departures Shake Weil, Gotshal & Manges In a challenging week for Weil, Gotshal & Manges, three prominent practice leaders…

Law Firms Report Strong Third-Quarter Profits in 2024: A Closer Look at the Key Factors Driving Success

Law firms across the United States are experiencing near-record profits, with an 11.2% increase in earnings in the third quarter…

Decline in Law Firm Profits Due to Hiring Overdrive Hinders Rate Increase, Study Shows

According to a recent report by Wells Fargo & Co., law firm profits per equity partner fell by almost 4%…

Revenues Rose at Top 100 Law Firms in 2013

The elite law firms in the country saw profits per partner rise by 5.5 percent in 2013 and per-lawyer revenue…

Quinn Emanuel Urquhart & Sullivan Posts Excellent Financial Results

Friday brought excellent tidings for the litigators at Quinn Emanuel Urquhart & Sullivan. John Quinn, founder and managing partner at…

Revenue and Profits Increase at Cravath

Despite the tough economic climate in 2009, Cravath, Swaine & Moore managed to increase its business, the AM Law Daily…

Profits Steady but Revenue Down at Drinker Biddle

Gross revenue came in at $373 million at Drinker Biddle & Reath in 2009, a slight decrease from the firm’s…

UK Firms Feel the Pinch

The top 100 UK firms by revenue dropped saw profits decline by an average of 30% last year, according to…