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2025 Law Firm Financials
| Olive filthy half-breed | 01/23/26 |
| Olive filthy half-breed | 01/23/26 |
| Clear water buffalo | 01/23/26 |
| Olive filthy half-breed | 01/26/26 |
| Olive filthy half-breed | 01/29/26 |
| Olive filthy half-breed | 01/29/26 |
| MisterX | 01/31/26 |
| MisterX | 02/06/26 |
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Date: January 23rd, 2026 5:53 PM Author: Olive filthy half-breed Firm Revenue RPL PPP Lawyers McDermott $2.99b(34%) $1.79(4.75%) $5.17(12.6%) 1,676(?) WilmerHale $1.61(0.6%) $1.63(1.5%) $3.4(6%) 983(-0.9%) Sheppard $1.38b(13.7%) $1.34(6.5%) ? 1,020(6.8%) Troutman $1.85b(NA) $1.16(NA) $1.85(NA) 1,595(NA) Steptoe $583m(10%) $1.3(10%) $2.39(15%) 428(0.1%) Finnegan $370m(5.9%) $1.27(2.6%) $1.63(19.7%) 292(3.2%) |
Date: January 23rd, 2026 5:54 PM Author: Olive filthy half-breed Subject: McDermott McDermott, Will & Schulte posted a combined revenue of $2.99 billion in 2025, the firm said, with chair Ira Coleman calling it a “defining year for our firm.”
The total revenue includes both the combined performance last year of McDermott, Will & Schulte, a firm created through an August 2025 merger, as well as each legacy firm's individual performance in the first seven months of the year.
The 2025 merger was a deal between Schulte Roth & Zabel and the much larger McDermott Will & Emery, which had more than three times Schulte’s headcount.
https://www.law.com/americanlawyer/2026/01/23/in-defining-year-for-mcdermott-revenue-reaches-nearly-3b/ |
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Date: January 23rd, 2026 6:04 PM Author: Clear water buffalo Mine was just over a mil. Probably double that this year. (http://www.autoadmit.com/thread.php?thread_id=5825639&forum_id=2\u0026mark_id=3986969#49612918) |
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Date: January 26th, 2026 5:31 PM Author: Olive filthy half-breed Subject: Sheppard Mullin Bolstered by marquee matters including representation of Fox Corp. mogul Rupert Murdoch in a trust dispute and Hollywood studio Village Roadshow Pictures during its bankruptcy, Sheppard Mullin’s gross revenue for fiscal year 2025 was $1.38 billion, up roughly 13.7% from $1.21 billion last year.
https://www.law.com/americanlawyer/2026/01/26/sheppard-mullin-surpasses-13b-in-revenue-in-2025/ |
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Date: January 29th, 2026 11:28 AM Author: Olive filthy half-breed Subject: Steptoe Washington, D.C.-based Steptoe saw double-digit revenue and profit gains in 2025, with gross revenue up 10% to $583.2 million and average profits per equity partner up over 15% to $2.39 million, according to preliminary financial reporting by The American Lawyer.
https://www.law.com/nationallawjournal/2026/01/29/steptoe-sees-double-digit-revenue-growth-reaching-583-million-in-2025/ |
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Date: January 29th, 2026 11:28 AM Author: Olive filthy half-breed Subject: Finnegan After a year of slow growth in 2024, Finnegan, Henderson, Farabow, Garrett & Dunner rebounded in 2025, as profits per equity partner soared 19.7% to $1.6 million.
A continued focus on global intellectual property work brought the firm's net income up 9.1% to $129.3 million in fiscal year 2025, after seeing a 2.9% downturn the prior year, and gross revenue rose 5.9% to $370.1 million.
https://www.law.com/americanlawyer/2026/01/29/rising-demand-for-global-ip-work-pushes-finnegans-pep-up-nearly-20-/ |
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Date: January 31st, 2026 10:44 AM Author: MisterX Subject: Troutman In its first full year operating as a merged firm, Troutman Pepper Locke earned $1.85 billion in gross revenue and $776 million in net income.
The firm launched at the start of 2025, built on a combination between Troutman Pepper Hamilton Sanders (itself the product of a 2020 merger between Atlanta’s Troutman Sanders and Philadelphia’s Pepper Hamilton) and Texas-based Locke Lord.
https://www.law.com/americanlawyer/2026/01/30/in-first-year-post-merger-troutman-pepper-locke-rakes-in-185b-in-revenue/ |
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Date: February 6th, 2026 10:28 PM Author: MisterX Subject: WilmerHale Wilmer Cutler Pickering Hale and Dorr managed to increase its gross revenue by 0.6% to $1.61 billion in 2025, despite its court battle with the Trump administration last year over an executive order targeting the firm.
Overall, as Wilmer’s head count remained essentially flat at 992 lawyers, the firm’s revenue per lawyer rose 1.5% to $1.63 million last year. Meanwhile, the firm’s equity partner ranks declined by over 9% to 230 equity partners. That contributed to the firm's average profits per equity partner rising nearly 6% to $3.4 million, according to preliminary financial reporting from The American Lawyer.
https://www.law.com/americanlawyer/2026/02/06/wilmer-saw-revenue-rise-to-161-billion-despite-fighting-trump-eo-in-court/ |