In early 2024, we announced the top firms that made the LLFI (Leopard Law Firm Index) 2023 leaderboard. These firms exemplified key qualities that make them stand out from key indicators, including revenue per lawyer, average attorney tenure, and the percentage of female partners.
Using LLFI, a comprehensive tool that tracks and analyzes the performance of law firms across various metrics, several firms are continuing to make notable progress, showcasing their commitment to excellence and diversity in the legal profession. Here are some of the firms we are spotlighting here.
Gibson Dunn
Advancing to the top 10, Gibson Dunn has demonstrated remarkable improvements in lateral retention and diversity metrics. With a substantial increase in lateral hires and strong efforts in retaining talent, the firm’s ethnic diversity figures have risen by 2%, now standing at an impressive 22%. Moreover, a 3% enhancement in partner gender diversity underscores their commitment to fostering an inclusive environment.
Hawkins Parnell
After a challenging period, Hawkins Parnell has rebounded with remarkable growth, fueled by strategic acquisitions. The acquisition of Selman Breitman’s litigation team propelled the firm forward, marking a significant turnaround from previous years.
Dentons
Dentons shines in various aspects, boasting impressive scores for tenure, gender partner diversity, and ROI on recent hires. Their strategic recruitment efforts have contributed to their success, positioning them as a leader in the legal landscape.
Wood Smith Henning Berman
This 440-attorney litigation firm stands out for its impressive performance in ethnic diversity and women partnership. Surpassing industry averages by significant margins, the firm’s commitment to diversity is evident in its hiring and promotion practices.
O’Hagan Meyer
Experiencing substantial growth, O’Hagan Meyer’s strategic recruitment efforts have paid off, particularly in acquiring talent from other firms. Their impressive growth rates underscore their position as a firm on the rise.
Other firms on the leaderboard that are competing for the top ranks
Kubicki Draper, Linklaters, Debevoise, Davis Polk, Allen & Overy
These firms have all shown commendable progress in increasing diversity within their ranks. Whether through incremental gains or significant jumps, their commitment to fostering diverse and inclusive workplaces is evident.
Freshfields, Day Pitney, Littler Mendelson, Rivkin Radler
These firms have made significant strides in climbing the ranks of Leopard Solutions LLFI. Notable increases in women partners, alongside efforts in talent cultivation and internal promotions, highlight their dedication to diversity and excellence.
While these firms may have made the 2023 leaderboard, the continuous monitoring of firm health is essential for firms to ensure they are progressing as planned, and it is even more essential for potential clients conducting due diligence when deciding which firm to hire. LLFI remains the only real-time firm health monitor updated twice a week on firms we track. For more information about updated twice a week on firms that we track. For more information about we track. For more information about updated twice a week on firms that we track. For more information about LLFI, go here.
