Roundup of law firm hires, promotions, departures: January 8, 2024 update

DLA Piper (Canada) LLP The firm has announced the appointment of Jennifer Arndt as office managing partner of the firm’s Calgary office, effective January 1. Arndt joined DLA Piper (Canada) in 2005 and became a partner in 2020. She is a vital member of the Capital Markets Group and has over 20 years of experience assisting clients with securities, ‎corporate finance, banking law, and transactional corporate and commercial matters.‎ She has extensive experience representing TSX and TSXV-listed companies on ‎‎corporate finance, securities, mergers and acquisitions, and commercial transactions. “Jennifer is widely respected for her business acumen, strong leadership skills, and…

Top Law Firms’ Revenue Rose 6% on Higher Rates, Wells Fargo Says

The country’s 100 largest law firms posted revenue growth of 6% in 2023 as higher prices for lawyers’ time and a slight increase in demand more than made up for a broad slowdown in deals, a Wells Fargo & Co. survey found. The average profits per equity partner at the 100 firms increased more than 5% from 2022, Wells Fargo said. The revenue gains last year were mostly driven by higher billing rates. The 100 largest law firms raised their hourly rates at a record, nearly 9%, in 2023, Wells Fargo said. Demand was up by less than 1%. The…

US News & World Report Recognizes Stinson as a Top Company to Work For: Stinson LLP Law Firm

Stinson LLP has been named to US News & World Report’s inaugural Best Companies to Work For: Law Firms list. The Best Companies to Work For: Law Firms list analyzes publicly available employee sentiment and other data that demonstrates how a law firm supports the everyday experience of its constituents. The list considers quality of pay and benefits, work-life balance, job stability, physical and psychological comfort, belongingness and opportunities for professional development. Law firms with the highest composite score for the factors were selected for inclusion on the Best Companies to Work For list. “We’re honored to be recognized for…