Client Allegedly Lived Large on Pierce Bainbridge’s or Firm Founder John Pierce’s Dime

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The $11 Million Club – BigLaw’s Partner Profit Machine Just Broke Another Record — And The 2026 Rankings Haven’t Even Dropped Yet

John Bowie Mar 25, 2026 10 min read

In the rarefied atmosphere where partners measure success in eight-figure payouts and associates measure it in how many weekends they haven’t seen since the bar exam, one number looms above all others: profit per equity partner, or PEP. PEP is the metric that makes managing partners beam, headhunters salivate, and mid-level associates stare at their billable hour trackers with a particular brand of existential dread. The 2026 Am Law 100…

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Ropes & Gray Raids Latham & Watkins for Eight-Lawyer Paris PE/M&A Team

Tom Borman Mar 25, 2026 2 min read

In a bold lateral strike that underscores the fierce talent battle in Paris Big Law, Ropes & Gray has snapped up a high-powered eight-lawyer private equity and M&A group from rival Latham & Watkins. The move, confirmed by multiple sources…

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