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Pepper Hamilton LLP - Lateral Partners: Growth and Financial Success

Lateral Partners

Firm Basics | Firm Recognition | Growth and Financial Success | Firm Culture
Diversity | Recent Laterals | Lateral Stories

Growth and Financial Success

Pepper has enjoyed considerable growth in lawyer count, revenue and profits in recent years, as the following charts show:

Number of Lawyers

Gross Revenue

Profit per Partner

Revenue per Lawyer

The firm is well-managed:

  • exceeded 2009 budgeted net income by 2.0 percent
  • total debt per partner is $6,000 (approximately $33,000 less per partner than the industry median)
  • capital per partner is $107,000 (approximately 3% lower than the industry median)

The firm is investing significantly in several core practice areas and in important geographic markets, including the following:

Intellectual Property

  • since January 2007, added 10 lateral partners and of counsel; group now includes more than 52 lawyers and patent agents
  • increased capability in patent prosecution and litigation, including significant growth in life sciences patent capability
  • more depth in patent litigation – particularly in the high-tech area
  • additional experience in data privacy, information security and new media.

Litigation

  • since January 2007, added 19 lateral partners and of counsel, including a former federal judge and several former Assistant U.S. Attorneys and SEC lawyers
  • enhanced depth in antitrust litigation, financial services litigation, general commercial litigation, health care litigation, media and communications litigation, pharmaceutical and medical device litigation, securities litigation, and white collar litigation and corporate investigations
  • increased capacity in Boston, New York, Philadelphia, Princeton, Washington and Wilmington.

Tax

  • since October 2006, added three lateral partners and of counsel
  • increased capability in accounting methods and inventories, international taxation and private equity transactions
  • added depth in Boston, New York, Princeton and Washington.

Boston

  • opened office in October 2006; staffed with laterals in complex corporate and commercial litigation, corporate and securities, patent litigation and other intellectual property matters, and tax, and senior partners from our private equity and tax practices
  • serve clients in a variety of industries, including private equity and venture capital firms, businesses in the life sciences, high-tech companies, and organizations in the retail, service and manufacturing arenas
  • recruiting additional laterals in the corporate, private equity, intellectual property and life sciences areas, as well as other core practice areas.

New York

  • expanded office in October 2006 with corporate, bankruptcy and litigation partners and associates
  • added lateral partners and of counsel in financial services, investment management, pharmaceutical and product liability litigation, private equity and tax
  • active in significant transactions
  • committed to expansion – relocated in September 2007 to The New York Times Building
  • recruiting additional laterals in the firm’s core practice areas.

Washington

  • since January 2007, added seven lateral partners
  • enhanced experience in commercial litigation, data privacy and information security, environmental and sustainability, financial services, government contracts, SEC enforcement, tax, and white collar and corporate investigations
  • recruiting additional laterals with experience in financial regulation, enforcement and investigations; government contracting fraud and investigations; energy, environmental and sustainability; tax; and trade regulation and enforcement.

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