Big Law

Hogan Lovells Cracks US$3.3 Billion As Regulated‑Market Play Pays Off

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Hogan Lovells has pushed through the US$3.2 billion barrier with double‑digit growth, fatter partner profits and a clear bet on regulated markets, tech and AI – sending a pointed message to rivals still blaming “market conditions” for flat numbers. Key takeaways for lawyers Why the numbers really moved People, laterals and the “next gen” story […]

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Big Law’s Hiring Boom – Am Law 200 Firms Snapped Up 20% More Lateral Partners in 2025

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The lateral partner market didn’t just heat up in 2025 but it ran hot. New data from Law.com Compass shows that Am Law 200 firms hired 4,152 lateral partners in the 12 months ending September 30, 2025, up from 3,473 the prior year.

That’s a nearly 20% jump — a sharp contrast to the modest 3.7% increase recorded the year before in the lateral hiring report.

The numbers tell a story of a legal industry that has found its footing again, and firms that are spending aggressively to prove it.

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Fried Frank Hire PE & M&A Experts in London and New York From Kirkland

Nathan pusey

Fried Frank have recruited two leading lawyers who will work on boosting the firm’s work in M&A and private equity. Rhett McPhie is from Kirkland & Ellis and one, Morgan Pusey, (pictured) is from Morgan Lewis. The firm’s media announcement is below – Fried Frank announced today that Rhett McPhie and Nathan R. Pusey have

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Proskauer Revenue Surges by 14%, While PEP Crosses $5M, Amid Growth in Funds, M&A and Finance

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From The American Lawyer on February 23, 2026 Proskauer Rose saw another double-digit year in revenue and profit growth. The firm’s revenue grew by 13.8% to $1.58 billion in 2025, while average profits per partner, amid a slight decline in equity partners, crossed the $5 million mark by jumping 12.6%. Even as Proskauer’s headcount was up 7.5%

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Norton Rose Partners Just Pocketed a 27% Payday – Blame the US (and a Bit of AI Magic)

jeff cody fulbright norton rose

While the rest of Big Law was still muttering about market uncertainty, Norton Rose Fulbright quietly had one of those years that makes equity partners smile into their morning flat white.

The firm racked up more than US$2.8 billion in global gross revenue for 2025 – a tidy 16% jump. But the real headline? Profits per equity partner shot up 27% to nearly US$2.1 million. You read that right. Nearly $2.1 million. Per partner. Per year.

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Linklaters Continues US Expansion With New Office

Linklatersnewyork

Linklaters continues its aggressive U.S. expansion, highlighted by the recent February 2026 lease of an additional 48,000 square feet at 1290 Avenue of the Americas in New York, following a 6,500 square foot addition in October 2025, pushing total NY space beyond 150,000 square feet at approximately $100 per square foot. This move, driven by

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Legal Market Analysis – BigLaw’s Lateral Frenzy Is Reshaping the Market

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The Perkins Coie exodus in Seattle signals a permanent shift in the lateral hiring labor market that is changing the way top law firms operate. Lateral hiring is no longer just a tactic but an entire business model.

When Perkins Coie lost lawyers to the announcement new offices for Morrison Foerster and McGuireWoods. It was in fact a signal of something structural.

The departures came as Perkins Coie prepares for its merger with Ashurst, a combination that will create a global platform of roughly 3,000 lawyers. The timing reveals a pattern that now defines elite legal practice: mergers create opportunity, but they also create instability. And instability is oxygen for competitors.

What we are witnessing is not a phase. It is the emergence of lateral acquisition as BigLaw’s dominant growth strategy.

The New Economics: Why Firms Are Buying Revenue

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Kirkland Kills Concierge So Even BigLaw Now Expects You to Order Your Own Flowers

Concierge

So much for life-hack perks that weren’t billable. The world’s highest-grossing law firm, Kirkland & Ellis, has quietly pulled the plug on its vaunted 24-hour Kirkland Concierge service — the very same squad of white-glove errand runners once tasked with booking holidays, securing impossible dinner reservations, and fetching dry-cleaning on behalf of its overworked associates

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Latham Scoops Up Leading Energy Lawyers From Clifford Chance

lathams' recruitment of top private equity Paris lawyers

Latham & Watkins has hired a team of leading energy and infrastructure lawyers from Clifford Chance for its Paris office. This follows the firm’s aggressive moves last December when it targeted Freshfields to recruit four top deal-making lawyers in Germany and reflects Latham’s continued aggressive moves to attract leading legal talent. The Paris team are

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