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Bryan Cave Posts Three Percent Growth and Gross Revenue of $643 Million

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published February 14, 2014

By CEO and Founder - BCG Attorney Search left

02/14/14

Bryan Cave Posts Three Percent Growth and Gross Revenue of $643 Million


The financial reporting season has arrived and most big law firms are posting modest growth and an increase in gross revenue. Recently Dentons US posted a growth of 4.8% with gross revenue of $743 million, Mayer Brown posted a growth of 5% with global gross revenue of $1.14 billion, and now Bryan Cave LLP posts a modest growth of 3% with gross revenue up $643 million in 2013 from $624 million in 2012.

What is more important to individuals in the industry - net income rose by more than 6% yielding $176 million in 2013 compared to $165 million in 2012.

A healthy trend of increasing profits per partner was seen, and in Bryan Cave, the profits per partner rose by 8% to $8, 05,000. At the same time, profits for non-equity partners went up by more than 13 percent, with revenue per lawyer coming to about $655,000, a 4% increase year on year.

In a tight market, the survival and mild success of Bryan Cave has been attributed to many factors including realignment of leadership structure, mergers and acquisitions, a negligible but relevant reduction in headcount and consistent performance in its core areas.

United States
The law firm announced a leadership change in December with Lents, who has served as chairman of the firm for the last 10 years, to step down in October 2014. Lents would be replaced by securities litigation partner Therese Pritchard, the first partner from outside St. Louis to chair the St. Louis based firm. Pritchard is based in Washington D.C.

Also the new business and strength that flowed in from Bryan Cave's merger with the 175-lawyer Holme Roberts & Owen in 2011 has continued to boost the firm's revenue as admitted the American Lawyer, by the law firm's chairman Don Lents.

The firm also had a negligible, but relevant reduction in headcount with the number of total lawyers coming to 985, as against 990 a year before. Also the number of equity partners decreased slightly to 219 from 222. However, the number of non-equity partners grew from 187 to 193. Bryan Cave managed its headcount carefully and was cautious about too many new recruits, as well as engaging in too many layoffs.

The strategy to nurse and maintain the core employee and partner pool paid off with modest growth, in a market where survival means success.

Also, the law firm performed consistently in its core areas of competence. Its transactional practice was booming with the firm advising on 84 mergers and acquisitions involving U.S. companies, and a Thomson Reuters survey ranked Bryan Cave in the sixth place among all law firms in mergers and acquisitions.

About Harrison Barnes

No legal recruiter in the United States has placed more attorneys at top law firms across every practice area than Harrison Barnes. His unmatched expertise, industry connections, and proven placement strategies have made him the most influential legal career advisor for attorneys seeking success in Big Law, elite boutiques, mid-sized firms, small firms, firms in the largest and smallest markets, and in over 350 separate practice areas.

A Reach Unlike Any Other Legal Recruiter

Most legal recruiters focus only on placing attorneys in large markets or specific practice areas, but Harrison places attorneys at all levels, in all practice areas, and in all locations—from the most prestigious firms in New York, Los Angeles, and Washington, D.C., to small and mid-sized firms in rural markets. Every week, he successfully places attorneys not only in high-demand practice areas like corporate and litigation but also in niche and less commonly recruited areas such as:

  • Immigration law
  • Workers’ compensation
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  • Trusts & estates
  • Municipal law
  • And many more...

This breadth of placements is unheard of in the legal recruiting industry and is a testament to his extraordinary ability to connect attorneys with the right firms, regardless of market size or practice area.

Proven Success at All Levels

With over 25 years of experience, Harrison has successfully placed attorneys at over 1,000 law firms, including:

  • Top Am Law 100 firms such including Sullivan and Cromwell, and almost every AmLaw 100 and AmLaw 200 law firm.
  • Elite boutique firms with specialized practices
  • Mid-sized firms looking to expand their practice areas
  • Growing firms in small and rural markets

He has also placed hundreds of law firm partners and has worked on firm and practice area mergers, helping law firms strategically grow their teams.

Unmatched Commitment to Attorney Success – The Story of BCG Attorney Search

Harrison Barnes is not just the most effective legal recruiter in the country, he is also the founder of BCG Attorney Search, a recruiting powerhouse that has helped thousands of attorneys transform their careers. His vision for BCG goes beyond just job placement; it is built on a mission to provide attorneys with opportunities they would never have access to otherwise. Unlike traditional recruiting firms, BCG Attorney Search operates as a career partner, not just a placement service. The firm’s unparalleled resources, including a team of over 150 employees, enable it to offer customized job searches, direct outreach to firms, and market intelligence that no other legal recruiting service provides. Attorneys working with Harrison and BCG gain access to hidden opportunities, real-time insights on firm hiring trends, and guidance from a team that truly understands the legal market. You can read more about how BCG Attorney Search revolutionizes legal recruiting here: The Story of BCG Attorney Search and What We Do for You.

The Most Trusted Career Advisor for Attorneys

Harrison’s legal career insights are the most widely followed in the profession.

Submit Your Resume to Work with Harrison Barnes

If you are serious about advancing your legal career and want access to the most sought-after law firm opportunities, Harrison Barnes is the most powerful recruiter to have on your side.

Submit your resume today to start working with him: Submit Resume Here.

With an unmatched track record of success, a vast team of over 150 dedicated employees, and a reach into every market and practice area, Harrison Barnes is the recruiter who makes career transformations happen and has the talent and resources behind him to make this happen.

A Relentless Commitment to Attorney Success

Unlike most recruiters who work with only a narrow subset of attorneys, Harrison Barnes works with lawyers at all stages of their careers, from junior associates to senior partners, in every practice area imaginable. His placements are not limited to only those with "elite" credentials—he has helped thousands of attorneys, including those who thought it was impossible to move firms, find their next great opportunity.

Harrison’s work is backed by a team of over 150 professionals who work around the clock to uncover hidden job opportunities at law firms across the country. His team:

  • Finds and creates job openings that aren’t publicly listed, giving attorneys access to exclusive opportunities.
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This level of dedicated support is unmatched in the legal recruiting industry.

A Legal Recruiter Who Changes Lives

Harrison believes that every attorney—no matter their background, law school, or previous experience—has the potential to find success in the right law firm environment. Many attorneys come to him feeling stuck in their careers, underpaid, or unsure of their next steps. Through his unique ability to identify the right opportunities, he helps attorneys transform their careers in ways they never thought possible.

He has worked with:

  • Attorneys making below-market salaries who went on to double or triple their earnings at new firms.
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  • Attorneys in small or remote markets who assumed they had no options—only to be placed at strong firms they never knew existed.
  • Partners looking for a better platform or more autonomy who successfully transitioned to firms where they could grow their practice.

For attorneys who think their options are limited, Harrison Barnes has proven time and time again that opportunities exist—often in places they never expected.

Submit Your Resume Today – Start Your Career Transformation

If you want to explore new career opportunities, Harrison Barnes and BCG Attorney Search are your best resources. Whether you are looking for a BigLaw position, a boutique firm, or a move to a better work environment, Harrison’s expertise will help you take control of your future.

? Submit Your Resume Here to get started with Harrison Barnes today.

Alternative Summary

Harrison is the founder of BCG Attorney Search and several companies in the legal employment space that collectively gets thousands of attorneys jobs each year. Harrison’s writings about attorney careers and placement attract millions of reads each year. Harrison is widely considered the most successful recruiter in the United States and personally places multiple attorneys most weeks. His articles on legal search and placement are read by attorneys, law students and others millions of times per year.

More about Harrison

About LawCrossing

LawCrossing has received tens of thousands of attorneys jobs and has been the leading legal job board in the United States for almost two decades. LawCrossing helps attorneys dramatically improve their careers by locating every legal job opening in the market. Unlike other job sites, LawCrossing consolidates every job in the legal market and posts jobs regardless of whether or not an employer is paying. LawCrossing takes your legal career seriously and understands the legal profession. For more information, please visit www.LawCrossing.com.
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