Chris Griffiths’ Post

Partner integration “is the future for law firms… and the better we do it the more successful they’ll be.” In our first ever podcast recording, it was such a pleasure to discuss this topic with 3 industry thought leaders. 🎙 Bridget Salazar, MBA: Sr Manager, Lateral Partner Integration at Morrison Foerster Kathren (Bikouvaris) Davis: Director of Firmwide Partner Recruiting at Pillsbury Winthrop Shaw Pittman LLP Charles Curtis: President, CLCurtis31 Consulting Link in the comments! #BigLaw #LateralHiring #LegalRecruitment

Huge thanks to one of the best in the business, Gary Miles, for sharing his experience with Pirical so far. As Gary and his team have grown over the years, Pirical's attorney database (Pirical Legal Professionals) has become an integral part of the team's workflow: 📇 Providing comprehensive bios on attorneys all over the world 🕜 Saving hours of time when gathering information & building relationships 🔍 Unlocking the ability to carry out very specific candidate searches 🔗 Read the full customer story: https://lnkd.in/eXeCTpky #LegalRecruitment #BigLaw #AMLaw #LateralHiring

Firms are tapping into Boston’s tech and biotech industries, so much so that the city has had the highest Partner headcount growth (+15%) out of the largest legal hubs in the US over the past 4 years. Blank Rome LLP and Simpson Thacher & Bartlett LLP the most recent firms to open an office in the city 🦞 Some of the other key highlights: Lateral Partner hires have grown by +76% Partner promotions have increased by +104% Corporate (+24%), Intellectual Property (+22%) and Insurance (+22%) are the fastest growing practice groups You can read the full analysis on the Pirical website - The Boston legal market in numbers. #BigLaw #AMLaw #Boston #LegalRecruiting

Back in the states with Griffiths ‘Private Data’ 🇺🇸

Pirical will be in Washington, D.C. this week as we host a private dinner for the city's Legal Recruitment Leaders. In anticipation of our visit, I wanted to share some brief insights about what's happened in the market the past few years. Since 2020, DC has seen an increase in AMLaw 200 Partner Headcount by 6%, with 339 more Partners present in the market than 4 years ago. Notably, 6 firms in the AMLaw 200 have experienced over 100% growth in Partner Headcount, adding a total of 66 Partners. These firms include notable names like Haynes and Boone, LLP Snell & Wilmer, Brown Rudnick LLP, Simpson Thacher & Bartlett LLP, Ice Miller LLP, and Husch Blackwell. 📈 Key Practice Areas Driving Growth: Litigation: 39% increase in Partners Corporate: 18% increase in Partners #LegalRecruitment #WashingtonDC #LegalMarketInsights #BigLaw #AMLaw

What's happening in Florida? Since 2019, 19 AM Law 1-200 firms have opened offices in Florida, including notable names like Venable LLP, Dinsmore & Shohl LLP, Winston & Strawn LLP, Polsinelli, Sidley Austin LLP, King & Spalding, Kirkland & Ellis, and more. These firms collectively contributed 162 partners to the Florida market. Additionally, AM Law 200 firms with an existing presence have expanded, bringing the total to 390 additional partners over the past five years, marking a significant +17% increase in total AMLaw 200 Partner headcount! This surge highlights the growing attractiveness of the Florida legal market to BigLaw: 📈 Key Practice Areas Driving Growth: Litigation: 61% of new Partners Real Estate: 13% of new Partners #LegalIndustry #Florida #AMLaw200 #LawFirms #Growth #Litigation #RealEstate

Recently, Roy Strom / Bloomberg Law published an interesting article looking at Kirkland & Ellis's projected revenue growth over the next 10 years: https://lnkd.in/dCkRk25r Spoiler - should the firm maintain the same level of astonishing growth they’ve achieved in the last 10 years, they’ll be generating $22 billion in annual gross revenue by 2032! This made us wonder 🤔 • Has Kirkland been growing its revenue at a faster rate than its Partner headcount? • If the firm continues to grow at the same pace, what would their projected Partner headcount numbers look like? Results 📊 Kirkland has grown gross revenue (+14%) faster than its Partner headcount (+9%) over the last 5 years. Projected Partnership headcount would come in at 2,400+ (a hypothetical revenue per Partner of $9m!) Should Kirkland maintain the same level of average Partner growth over the next 5 years, they will also overtake DLA Piper as the AM Law firm with the largest Partnership. #LegalInsights #BigLaw #AMLaw Source: Pirical Legal Professionals, using publicly available data

News broke last week of Troutman Pepper and Locke Lord LLP opening merger talks. The combined firm would have: 💼 ~1,600 lawyers 💵 $1.5 billion+ in revenue 📈 An AMLaw 30 rank But what would the merged firm look like, and which offices & practices would see the most growth? We've mapped it out! (link in comments) #LegalInsights #AMLaw100 #Merger Source: Pirical Legal Professionals, using publicly available data